5 Property / 14 Unit Trendy NoLi Multifamily Portfolio

912-918 North Limestone , Lexington, KY 40508

Property Information

  • For Sale $1,850,000
  • Property Type Multi-Family
  • Property Size 4,224 SF
  • Units 14
  • Property Tenancy Multi-Tenant
  • Year Built 1949
  • Year Renovated 2017
  • Date Updated May 18, 2026

Description

912-918 North Limestone and 525 N Limestone are located in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood, one of the city’s most creative and walkable districts. Just steps away is Greyline Station, a restored historic bus terminal now home to local retailers, dining, offices, and the Julietta Market, along with frequent community events. The surrounding area features independent shops, coffee spots, breweries, and nearby community gardens, creating a strong neighborhood feel with everyday conveniences close at hand. The property also benefits from excellent public transportation access, with Lextran bus routes running along North Limestone and nearby corridors, providing easy connections to downtown, the University of Kentucky, and beyond. With its blend of historic character, local culture, and ongoing revitalization, NoLi offers a highly desirable urban setting for residents seeking connectivity, walkability, and a true sense of community.Discover an exceptional multifamily investment opportunity in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood. This well-maintained portfolio includes one quadplex at 525 N Limestone, two duplexes at 914 and 916 N Limestone, and two triplexes at 912 and 918 N Limestone, totaling 14 units. Ideally positioned along the North Limestone corridor, the properties benefit from excellent walkability to Greyline Station, local retailers, community gardens, and frequent neighborhood events, along with convenient access to Lextran public transportation serving downtown and the University of Kentucky. Originally built in 1949/1965 and fully renovated in 2017, the residences blend historic character with modern updates. Average monthly rent at 912–918 N Limestone is approximately $980 per unit, while average monthly rent at 525 N Limestone is approximately $880, providing stable in-place income with upside potential. Zoned R-3, this low-rise multifamily portfolio offers a compelling combination of scale, location, and long-term value in one of Lexington’s most dynamic and revitalizing districts.

Highlights

  • Average monthly rent at 525 N Limestone: $880
  • Average monthly rent at 912-918 N Limestone: $980 per unit
  • Built in 1949/1965, fully renovated in 2017
  • Compelling combination of scale, location, and long-term value
  • Convenient access to Lextran public transportation
  • Excellent walkability to local retailers and community gardens
  • Exceptional multifamily investment opportunity
  • One quadplex at 525 N Limestone
  • Stable in-place income with upside potential
  • Totaling 14 units
  • Two duplexes at 914 and 916 N Limestone
  • Two triplexes at 912 and 918 N Limestone
  • Zoned R-3

Contacts

Rachel Ridd

SVN | Stone Commercial Real Estate

Location

Located at 912-918 North Limestone , Lexington, KY 40508, this property is part of the North Limestone neighborhood and Lexington market.

Contact Listing Broker
Rachel Ridd

SVN | Stone Commercial Real Estate

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