Daniel Carmack
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1409 Fontaine Road, Lexington, KY 40502

$1,150,000
  • 1409 Fontaine Road, Lexington, KY 40502 Main Photo

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BEDS5 BATHS4 full SQUARE FEET5,670 MLS#26029281
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONChevy Chase SCHOOLFayette County - 1

Property Description

Located on one of Chevy Chase's most established streets, this stone-façade fourplex offers spacious units, extensive capital improvements, and room for future value-add. Since 2020, nearly every major building system has been updated, including a new shingle roof (2020), flat roof (2025), updated electrical with five separately metered panels, individual central HVAC systems for all four units, PEX plumbing updates, and capped chimneys. Exterior improvements include rebuilt composite front balconies, new upper-level stairs, and a resurfaced parking lot with underground downspout drainage directed away from the foundation. The building consists of three spacious 1BR/1BA units of approximately 1,150 SF each and one 2BR/1BA unit of approximately 1,850 SF. Hardwood floors run throughout, and one of the 1BR units features a fully renovated kitchen and bathroom. The remaining three units offer an opportunity for interior updates, with all three 1BR floor plans providing space for a potential second bedroom. The unfinished lower level includes four private storage rooms and shared laundry facilities. All four units are leased, with lease expirations ranging from April through June 2027. The property offers 5,670 SF above grade, an additional 1,890 SF unfinished basement, and sits on a 0.22-acre R-3 zoned lot.

1409 Fontaine Road | MLS# 26029281

This multi-family property located at 1409 Fontaine Road, Lexington, KY 40502 is currently listed for sale with an asking price of $1,150,000. Fontaine Road is located within the Fayette County - 1 school district. Search Lexington real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Gas
Heating: Natural Gas
Lot Size: 0.22 Acres
Roof Type: Membrane, Shingle
Year Built: 1940

Feature Descriptions

Days on Site: 13
Laundry: Lower Level, Common Area
Laundry Features: Lower Level, Common Area
Lot Dimensions: 0.224 acre(s)
Parcel #: 14093100
Parking Notes: On Site, Paved
Structure Type: Quadruplex
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Local Schools

High School: Henry Clay
School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: Lifstyl Real Estate

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimated Payment

$ 4,466.63 per month $4,131.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $335.42 Homeowner's Insurance

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