201 Danville Street, Lancaster, KY 40444

$450,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 3,400 Lot Size (sq. ft.): 14,680 Status: Active
Current Price: $450,000 List Date: 7/17/2026 Last Modified: 10/13/2026

Overview

Description

This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.

Listing Details MLS# 26018979

Listing Information

Property Sub Type
Quadruplex
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-07-17

Address

County
Garrard
Street #
201
Street
Danville
St Suffix
Street
State/Province
KY
Zip Code
40444
Directions
from 27 south turn right onto Danville street and in 500 feet the destination is on your left
Zip +4
1091
Parcel Number
L2-07-002

Contract

Original List Price
450000
Start Showing Date
2026-07-17
Listing Price
450000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
1335311.57
List Price/SqFt
132.35

Tax Legal

Area
023 - Garrard County
Subdivision/Condo
Downtown
School District
Garrard County - 23

Interior

Total # Bedrooms
8
Total Bathrooms
4
Baths - Full
4
Living Area
3400
Living Area Source
Public Records

More Information

Parking Information

Parking Total
10

Building

Year Built
9999
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.337
Lot Size Square Feet
14680

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.

Building and Property Details

Age of Roof
3

Association/Community

Number Of Buildings
1
Number Of Units Total
4

Parking Features

Paved
Yes

Possession

Negotiable
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Available; Phone Available; Sewer Available; Water Available; Electricity Connected; Natural Gas Available; Phone Available; Sewer Available; Water Available Cooling: Electric; Heat Pump Heating: Electric; Natural Gas Laundry Features: Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: On Site Possession: Close Of Escrow Roof: Shingle Structure Type: Quadruplex Showing Requirements: Call Listing Agent; Restricted Hours
Listing Office: Danny Ayres Realty & Auction
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.