305 Sycamore Road, Lexington, KY 40502

New Listing
$865,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 4,032 Lot Size (sq. ft.): 8,973 Status: Active
Current Price: $865,000 List Date: 6/03/2026 Last Modified: 6/03/2026

Overview

Description

Investment Opportunity in Ashland Park! Located on a desirable corner lot in the heart of Ashland Park, just two blocks from Henry Clay Estate, this well-maintained 4-plex offers timeless charm and excellent income potential. The property features four oversized one-bedroom, one-bath units, each with spacious closets and its own covered front porch. A welcoming entry foyer provides access to the upper-level apartments and the expansive basement. The large basement includes individual washer and dryer hookups for each tenant, along with private walk-in storage units. First-floor apartments offer both front and rear porch entrances and are conveniently located just steps from the covered four-car garage. Overlooking the picturesque, park-like islands along Slashes Road, this property combines a prime location, classic character, and strong rental appeal in one of Lexington's most sought-after neighborhoods.

Listing Details MLS# 26012755

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2026-06-03

Address

County
Fayette
Street Number
305
Street Name
Sycamore
Street Suffix
Road
State
KY
Zip Code
40502
Zip +4
1889
Directions
Main Street to Richmond Rd, right on Sycamore. On the corner of Sycamore and Slashes Road.
Parcel Number
15804400

Contract

Original List Price
865000
Start Showing Date
2026-06-03
Listing Contract Date
2026-06-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
4199029.13
List Price/SqFt
214.53

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Ashland Park
High School District
Fayette County - 1

Interior

Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Living Area
4032
Living Area Source
Appraiser
Bathrooms Half
0

More Information

Parking Information

Parking Total
4

Building

Year Built
1955
Accessibility Features YN
No

Lot

Lot Size Acres
0.206
Lot Size Square Feet
8973.36

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Investment Opportunity in Ashland Park! Located on a desirable corner lot in the heart of Ashland Park, just two blocks from Henry Clay Estate, this well-maintained 4-plex offers timeless charm and excellent income potential. The property features four oversized one-bedroom, one-bath units, each with spacious closets and its own covered front porch. A welcoming entry foyer provides access to the upper-level apartments and the expansive basement. The large basement includes individual washer and dryer hookups for each tenant, along with private walk-in storage units. First-floor apartments offer both front and rear porch entrances and are conveniently located just steps from the covered four-car garage. Overlooking the picturesque, park-like islands along Slashes Road, this property combines a prime location, classic character, and strong rental appeal in one of Lexington's most sought-after neighborhoods.

Building and Property Details

Common Area SqFt
4032

Income and Expenses

Gross Scheduled Income
57600
Vacancy Allowance Rate
0

Showing Information

Showing Instructions
Tenants will need 24-48 hour notice to show.

Tax & Legal

Elementary School
Cassidy
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2638
Zoning
R-2
Zoning Description
R-2

Association/Community

Number Of Buildings
1
Number Of Units Total
4

Cooling

Ceiling Fan(s)
Yes
Electric
Yes
Window Unit(s)
Yes
Other
Yes

Heating

Natural Gas
Yes
Other
Yes

Laundry Features

Lower Level
Yes

Parking Features

Covered
Yes

Possession

Close Of Escrow
Yes

Roof

Dimensional Style
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Quadruplex
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Documents

Sellers Disclosure Of Property Condition
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Ceiling Fan(s); Electric; Window Unit(s); Other Heating: Natural Gas; Other Laundry Features: Lower Level Parking Features: Covered Possession: Close Of Escrow Roof: Dimensional Style Special Listing Conditions: Standard Structure Type: Quadruplex Showing Requirements: Call Listing Agent; Showing Service Documents: Sellers Disclosure Of Property Condition
Listing Office: Turf Town Properties
Last Updated: June - 03 - 2026
Information deemed reliable but not guaranteed.