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About This Home
This 14-bedroom, 10-bathroom multi-family at 1921 Oxford Circle in Lexington, KY is listed for $725,000 ($73 per sqft). Built in 1959, the home offers 9,920 sqft of living space on a 0.30 acres lot.
Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants.
Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development.
Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.
Key Features
- Built in 1959
- 0.30 acre lot
- 2 stories
- 20 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,877/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1921 Oxford Circle
Lexington, KY 40504
Cardinal Valley
Property Details
Heating
Cooling
Questions & Answers
This 14-bedroom, 10-bathroom multi-family at 1921 Oxford Circle is listed at $725,000 ($73/sqft). The estimated monthly payment is $3,142 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.30 acre lot, 2 stories, 20 parking spaces.
This property is listed by S Ann Wesley and can be reached at 8592964663 or ann.wesley7@gmail.com.