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About this home
Outside photos coming soon! Fully leased duplex with no HOA in southeast Lexington. 234-236 Simba Way offers two 3-bedroom, 2-bath units, each with off-street parking, and both sides currently rented. Unit 234 has been renovated within the last two years, giving you one turnkey side and one with built-in upside when the current lease ends. The location keeps these units in demand! Just off Richmond Road and New Circle, minutes from Jacobson Park, Richmond Woods Centre, grocery, and dining, with an easy drive to UK and downtown. With no HOA dues cutting into your returns, this is a strong fit for an investor adding to a portfolio or a first-time investor looking for immediate income. Rent roll avaliable upton request.
Multi-familyProperty Type
1999Year Built
3,484 sq ftLot Size
$146Price/Sq.Ft.
Listed by Cheyenne McBride• Keller Williams Bluegrass Realty
Turnkey Duplex Townhome Investment Opportunity Excellent income-producing investment opportunity featuring a fully occupied duplex townhome with tenants already in place on both sides. One unit was beautifully remodeled in 2024, offering updated finishes and added appeal. The tenant in the second unit has occupied the property for approximately 12 years, providing a strong history of long-term tenancy and rental stability. With both units currently occupied, this property offers immediate rental income from day one and eliminates the need to search for tenants after closing. This could be an ideal addition to an investor’s portfolio or a great opportunity for someone looking to acquire a stabilized, income-generating multifamily property. Highlights include: * Fully occupied duplex townhome * Immediate rental income * One unit remodeled in 2024 * Long-term tenant of approximately 12 years in the second unit * Established rental history * Turnkey investment with tenants already in place * Excellent opportunity for buy-and-hold investors
Public Records
Mar 7, 2024
Sold
$315,000
$122/sq ft
ImagineMLS #1806779
May 1, 2018
Sold
$180,000
$70/sq ft
Apr 6, 2018
Pending
—
Apr 4, 2018
Listed
$165,000
$64/sq ft
+9
Excellent investment opportunity! Fully leased units. All bedrooms have walk in closets. All electric. Located in a cul-de-sac. Only 2 miles from U.K. **Interior photos are of a different identical unit**
Public Records
Nov 30, 2017
Sold
$426,200
$165/sq ft
Public Records
Dec 16, 2010
Sold
$540,000
$210/sq ft
Public Records
Aug 7, 2007
Sold
$540,000
$210/sq ft
ImagineMLS #621501
Aug 2, 2007
Sold
$180,000
$70/sq ft
Jul 22, 2007
Listing Removed
—
Jul 25, 2005
Listed
$189,900
$74/sq ft
ImagineMLS #9908802
Jan 10, 2000
Sold
$171,000
$66/sq ft
Dec 23, 1999
Listing Removed
—
Sep 23, 1999
Listed
$178,900
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,984 (+131.8%)
2015
$856 (+1.8%)
2014
$841
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
20 ft.
Lot depth
—
Lot size
1,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,288
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,288
Year built
1999
Style
Multi-Family (2-4 Unit)
County
Fayette County
APN
19999840
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 2026.
R-4
Medium Density Residential Zone
The intent of this zone is to provide for medium to medium-high density multi-family dwellings and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. The medium to medium-high density residential uses should be located along collector and arterial streets. Where lower density development occurs in this zone, it should be located along local streets. Adequate multi-modal connections should be available to all residents. Development should be in areas of the community where necessary services and facilities will be adequate to serve the anticipated population. Medium to medium-high density multi-family dwellings should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lexington, KY • 40509
Average low and high temperatures (°F)
37
20
47
28
64
40
72
49
74
54
85
64
88
69
86
63
83
57
70
47
57
39
46
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 234-236 Simba Way 236
$373,023
$1,977 under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $375K.