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Listing provided courtesy of RE/MAX Elite Lexington- MLS# 26014282MLS Provider

2037/2039 Fontaine RoadLexington, KY 40502

Multi-Family · 5 Beds · 3 Full Baths · 2 Half Baths · 3,725 Sq. ft. | 0.38 Acres
$750,000 Contingent

2037/2039 Fontaine Road Overview

Time on Site:
5 days
Visits:
3

Property is fully rented with tenants in place. Rare opportunity to own a well-maintained triplex in one of Lexington's most desirable neighborhoods. With a strong rental history and consistent tenant demand, this exceptional income-producing property offers immediate cash flow and long-term investment potential. Conveniently located near shopping, dining, hospitals, schools, major commuter routes, downtown Lexington, UK, and Chevy Chase. The two first-floor units each feature 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and spacious living room. The basement unit offers 1 bedroom, 1 bathroom, a full kitchen, dining area, and living room. All three units also include fireplaces. The property features three well-appointed units, providing flexibility for investors, owner-occupants, or those looking to expand their rental portfolio. Each unit showcases attractive hardwood flooring, abundant natural light, and timeless character throughout.

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2037/2039 Fontaine Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,725
  • Price/Sq.ft. $201
  • Lot 0.38 Acres

Details

General

School Information

  • Elementary School: Cassidy
  • Middle Or Junior School: Morton
  • High School: Henry Clay

Building Information

  • Year Built: 1966

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 003 - Fayette County SE
  • MLS Area Minor: 003 - Fayette County SE
  • Subdivision Name: Lakeview

General Information

  • Parcel Number: 13759250
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Zoning: R-2

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total: 5
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 3725.0

General Information

  • Laundry Features: Electric Dryer Hookup,Washer Hookup,Lower Level,Common Area
  • Living Area: 3725.0
  • Living Area Source: Public Records
  • Other Equipment: Dehumidifier

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Square Feet: 16552.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Roof: Shingle
  • Structure Type: Triplex

General Information

  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

2037/2039 Fontaine Road Neighborhood

Community

40502 (Lexington) Demographics

37
Median Age
3,660
Population Density (per sq. mile)
71%
College Educated
$67,449
Estimated Median Income
7,623
Estimated Total Home Owners
5,140
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2037/2039 Fontaine Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2037/2039 Fontaine Road Market Data

Based on the last 30 days in this zip code

$887,648
Average List Price
$283
Average Price per Square Foot
32
Properties Sold
66
Average Days on Market
106
Properties for Sale
Calculations provided by Reliance Network

2037/2039 Fontaine Road History

Date Event Value Agent
6/27/2026Source: Imagine MLS/Bluegrass Status Change
Contingent
6/24/2026Source: Imagine MLS/Bluegrass Added to Database
June 24, 2026