Real Estate Investment Properties for Sale in Lexington, KY

Looking for investment property in Lexington, KY with high ROI ?

Explore a variety of short-term homes & houses in Lexington, KY. Invest wisely with VRBO & Lexington, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Lexington, KY

Search for Multi Family for Sale in Lexington, Kentucky. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 14 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
305-307 Hillsboro Avenue Lexington, KY It's time you owned a little piece of Meadowthorpe Magic. This fantastic duplex offers a r...	6 beds \| 4 baths \| 3,126 sq.ft.	$425,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 7.5% Airbnb Rental Income: $1866 Traditional Rental Income: $3777 Airbnb ROI: 1.44% Traditional ROI: 7.5%
2900 Winter Garden Lexington, KY Fantastic Opportunity! This Quadruplex has roughly 920 sq ft of living space in each unit....	8 beds \| 8 baths \| 3,696 sq.ft.	$545,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 0.4% Airbnb Rental Income: $1908 Traditional Rental Income: $1146 Airbnb ROI: 0.91% Traditional ROI: 0.4%
1990 Fair Oaks Drive Lexington, KY Duplex! Investment opportunity. Each unit has 2 bedrooms and 1 bathroom. Live in one and c...	4 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 5.34% Airbnb Rental Income: $1922 Traditional Rental Income: $1854 Airbnb ROI: 3.58% Traditional ROI: 5.34%
394 Bassett Avenue Lexington, KY ONLINE ONLY AUCTION!!! Online BIDDING ENDS Sunday, October 5, 2025 at 6:00PM. Terms & Cond...	3 beds \| 2 baths \| 1,688 sq.ft.	$385,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 3.91% Airbnb Rental Income: $1955 Traditional Rental Income: $1975 Airbnb ROI: 2.43% Traditional ROI: 3.91%
430 Morgan Avenue Lexington, KY This triplex offers three 1 bed / 1 bath units, each designed for easy upkeep and consiste...	3 beds \| 3 baths \| N/A	$195,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 6.76% Airbnb Rental Income: $1926 Traditional Rental Income: $1563 Airbnb ROI: 5.97% Traditional ROI: 6.76%
1268-1270 Alexandria Drive Lexington, KY Attention Investors!! Instant Cashflow! Priced to sell AS-IS. Inspections welcome! Large ...	4 beds \| 2 baths \| 1,585 sq.ft.	$260,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 6.48% Airbnb Rental Income: $1973 Traditional Rental Income: $2053 Airbnb ROI: 4.05% Traditional ROI: 6.48%
1246 Alexandria Drive Lexington, KY Discover a prime investment opportunity in one of Lexington's most connected and up and co...	4 beds \| 2 baths \| N/A	$200,000	Airbnb cash on cash: 9.71% Traditional cash on cash: 7.77% Airbnb Rental Income: $2951 Traditional Rental Income: $1902 Airbnb ROI: 9.71% Traditional ROI: 7.77%
3617-3619 Appian Way Lexington, KY Great Investment Opportunity - Fully Leased Duplex!! Fully leased duplex offering steady r...	4 beds \| 4 baths \| 1,920 sq.ft.	$295,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 6.98% Airbnb Rental Income: $2124 Traditional Rental Income: $2482 Airbnb ROI: 3.73% Traditional ROI: 6.98%
711 W Maxwell Street Lexington, KY Calling ALL investors! Rare opportunity to own an awesome duplex in the heart of downtown ...	4 beds \| 2 baths \| N/A	$499,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 1.41% Airbnb Rental Income: $2026 Traditional Rental Income: $1488 Airbnb ROI: 1.44% Traditional ROI: 1.41%
1100-1102 Tates Creek Road Lexington, KY Rare opportunity to own large brick duplex in 40502! This updated property features two sp...	6 beds \| 2 baths \| 2,900 sq.ft.	$599,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.42% Airbnb Rental Income: $2077 Traditional Rental Income: $2312 Airbnb ROI: 1.04% Traditional ROI: 2.42%
305-307 Hightower Road Lexington, KY Investment opportunity in a popular area of Lexington. It is close to Nicholasville Road,...	6 beds \| 4 baths \| N/A	$449,995	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.07% Airbnb Rental Income: $2050 Traditional Rental Income: $2859 Airbnb ROI: 1.89% Traditional ROI: 5.07%
1999 Fair Oaks Drive Lexington, KY L-Side $1,800 per month R-side $2,000. per month Completely Renovated Duplex - Turnkey In...	4 beds \| 4 baths \| 3,068 sq.ft.	$450,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.89% Airbnb Rental Income: $2951 Traditional Rental Income: $3174 Airbnb ROI: 3.75% Traditional ROI: 5.89%
3195 Yellowstone Parkway Lexington, KY Great investment opportunity! This large, recently remodeled duplex is move-in ready and p...	4 beds \| 2 baths \| 1,657 sq.ft.	$329,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.18% Airbnb Rental Income: $1761 Traditional Rental Income: $1852 Airbnb ROI: 2.33% Traditional ROI: 4.18%
110-112 S Hanover Avenue Lexington, KY This lovely Ashland Park duplex was originally designed to be built on top of the adjacent...	4 beds \| 2 baths \| 2,580 sq.ft.	$625,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.01% Airbnb Rental Income: $1572 Traditional Rental Income: $2208 Airbnb ROI: 0.15% Traditional ROI: 2.01%

Your search for investment property begins and ends here

Multi Family for Sale in Lexington, KY

305-307 Hillsboro Avenue

Lexington, KY

6 beds | 4 baths | 3,126 sq.ft.

$425,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1866

Traditional Rental Income: $3777

Airbnb ROI: 1.44%

Traditional ROI: 7.5%

2900 Winter Garden

Lexington, KY

8 beds | 8 baths | 3,696 sq.ft.

$545,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 0.4%

Airbnb Rental Income: $1908

Traditional Rental Income: $1146

Airbnb ROI: 0.91%

Traditional ROI: 0.4%

1990 Fair Oaks Drive

Lexington, KY

4 beds | 2 baths | N/A

$265,000

Airbnb cash on cash: 3.58%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1922

Traditional Rental Income: $1854

Airbnb ROI: 3.58%

Traditional ROI: 5.34%

394 Bassett Avenue

Lexington, KY

3 beds | 2 baths | 1,688 sq.ft.

$385,000

Airbnb cash on cash: 2.43%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $1955

Traditional Rental Income: $1975

Airbnb ROI: 2.43%

Traditional ROI: 3.91%

430 Morgan Avenue

Lexington, KY

3 beds | 3 baths | N/A

$195,000

Airbnb cash on cash: 5.97%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1926

Traditional Rental Income: $1563

Airbnb ROI: 5.97%

Traditional ROI: 6.76%

1268-1270 Alexandria Drive

Lexington, KY

4 beds | 2 baths | 1,585 sq.ft.

$260,000

Airbnb cash on cash: 4.05%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $1973

Traditional Rental Income: $2053

Airbnb ROI: 4.05%

Traditional ROI: 6.48%

1246 Alexandria Drive

Lexington, KY

4 beds | 2 baths | N/A

$200,000

Airbnb cash on cash: 9.71%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $2951

Traditional Rental Income: $1902

Airbnb ROI: 9.71%

Traditional ROI: 7.77%

3617-3619 Appian Way

Lexington, KY

4 beds | 4 baths | 1,920 sq.ft.

$295,000

Airbnb cash on cash: 3.73%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $2124

Traditional Rental Income: $2482

Airbnb ROI: 3.73%