$10,000 Closing Credit¹
#25003041, Listing Office: Lifstyl Real Estate
$595,000 List price
300 Codell Dr Lexington, KY 40509
$7,066
Closing credit¹
8 beds
4 full
3,456 sqft
0.3 acres
$172 / sqft
Multi-Family
Property details
About 300 Codell Dr
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/monthUnit 2: $1,100/monthUnit 3: $1,000/monthUnit 4: $1,150/monthThat'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.
Highlights
Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
CoolingHeat Pump, Electric
Size3,456 sqft
Lot size0.34 Acres
Year built1979
Parking6 - 10 Spaces, Paved, On Site, Open
MLS #25000601
Summary
- MLS Number: 25000601
- Office Name: EXP Realty, LLC
- Office Phone: (888) 624-6448
- Office Email: ky.broker@exprealty.net
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$595,000
300 Codell Dr
$7,066
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 21, 2023 | Home Sold | $310,000 |
| May 31, 2022 | Home Sold | $187,200 |
| Dec 11, 2013 | Home Sold | $329,600 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $187,200 | $2,314 |
| 2022 | $187,200 | $2,391 |
| 2021 | $187,200 | $2,391 |
| 2019 | $187,200 | $2,391 |
| 2018 | $187,200 | $2,391 |
History based on county public records data.
Nearby schools
6
Breckinridge Elementary School
Public District KG-5
0.6 mi
•2101 Saint Mathilda Dr
6
Liberty Elementary School
Public District KG-5
1.1 mi
•2585 Liberty Rd
7
Cassidy Elementary School
Public District KG-5
2.1 mi
•1125 Tates Creek Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,133. The most common annual income of people living in Lexington, KY is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
52%
<35k
47%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Oldsmobile
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 300 Codell Dr in Lexington, KY and zip code 40509 in the District 7 neighborhood. This 3,456 square foot home, which was built in 1979, sits on a 0.34 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $595,000.
While more than 63 listings in Lexington, KY in March 2025 were sold above asking price, there were more than 57 listings sold at asking price, and more than 101 were sold below. The inventory of homes for sale in Lexington, KY between February and March 2025 increased by 18.8%. In March 2025 median list price was $329,865 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.