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    1 home
    1 home available
    Closed Jun 2, 2025
    300 Codell Drive Drive, Lexington, KY 40509
    $550,000
    8beds
    4bath
    3,456sqft
    0.34acres
    Sale

    300 Codell Drive Drive, Lexington, KY 40509

    Listing by: EXP Realty, LLC
    1 - 1 of 1 results
    © 2025 Imagine MLS
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    Imagine Your Home
    300 Codell Drive Drive, Lexington, KY 40509
    Closed Jun 2, 2025
    $550,000
    8beds
    4full,half bath
    3,456sqft
    0.34acres

    300 Codell Drive Drive, Lexington, KY 40509

    Sale by Victoria MovchanEXP Realty, LLC.

    Data checked -. Listing last updated 23 days ago.
    1. Overview
    2. Details
    3. More 

    Don't miss out INCREASED ROI AND NEW REDUCED PRICE!! Fully renovated 4-unit property, ready to start generating income right away! This turnkey gem boasts fresh updates throughout, including all new windows, sliding glass doors, and a brand-new roof installed in May (with a transferable warranty). The property also features a freshly paved driveway, giving it excellent curb appeal. Each of the four spacious units is a 2-bedroom, 1-bath layout, all newly renovated and currently occupied. With rents currently below market value, there's huge potential for growth. Here's the breakdown: Unit 1: $970/month Unit 2: $1,100/month Unit 3: $1,000/month Unit 4: $1,150/month That's $4,220 a month in rental income—plus, tenants pay all utilities except for the hallway electric bill! No HOA fees to worry about, either. Rents to increase to a total of $4,300 this Spring! Located in an excellent area, close to a brand-new hospital and easy access to the new circle, this property is perfect for investors looking for a steady stream of income and long-term growth. Act fast—this opportunity won't last long! Previous pending sale failed due to buyers financial inabilities.

    Details
      Property type
    Multi-Housing
      Year built
    1979
      Heating
    Forced Air, Electric
      Cooling
    Electric, Heat Pump
      Garage
    No
      Parking spots
    -
    25000601
    MLS ID
    Closed
    Status
    Jun 2, 2025
    Closed
      Laundry features
      Flooring
      Fireplace
    No
      Architectural Style
      View
    Interior features
    Exterior features
    Lot features
    Appliances included
    Construction materials
    Monthly taxes
    -
    Yearly taxes
    -
    Community Features
    -
    School district
    Fayette County - 1
    Schools
    Breckinridge, Crawford, Henry Clay
    Senior community
    No
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Victoria Movchan
    Victoria Movchan
    REALTOR® Salesperson, EXP Realty, LLC
     
     
    Building Info
    Neighborhoods
    Schools
    Elementary Schools
    Stonewall Elementary School
    3215 Cornwall Dr, Lexington, KY 40503
    School Rating
    B
    Grades
    KG-5
    Students
    638
    Teachers
    47.8
    Student to Teacher Ratio
    13:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Jessie M. Clark Middle School
    3341 Clays Mill Rd, Lexington, KY 40503
    School Rating
    A-
    Grades
    6-8
    Students
    1,123
    Teachers
    72.4
    Student to Teacher Ratio
    16:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    High Schools
    Lafayette High School
    401 Reed Ln, Lexington, KY 40503
    School Rating
    A
    Grades
    9-12
    Students
    2,363
    Teachers
    122.7
    Student to Teacher Ratio
    19:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Schools data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 40509
    Population
    15,610
    Median age
    38.0
    Avg. household size
    2.5
    Avg. household income
    $129,930
    Households with children
    50.9%
    Households without children
    49.1%
    Employment
    Unemployment Rate
    2.0%
    Blue Collar
    25.1%
    White Collar
    72.9%
    Education
    Less than 9th grade
    1.7%
    Some high school
    1.6%
    High school graduate
    14.2%
    Some college
    21.1%
    Associate's degree
    7.1%
    Bachelor's degree
    30.0%
    Graduate degree
    24.4%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    Exit 108 for Man O War Blvd. Merge onto Man o War Blvd W. Turn right onto Palumbo Dr. Turn left onto Codell Dr. Building on the left, parking behind the building.
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    300 Codell Drive Drive, Lexington, KY 40509, is a 8 bedroom, 4 bathroom, 3456 sqft. Sale built in 1979. This property is currently available for sale and was listed on Imagine Your Home on 1-13-2025. The MLS# for this Sale is MLS# 25000601.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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