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Listing provided courtesy of Assurance Realty & Property Management- MLS# 26008865MLS Provider

1921 Oxford CircleLexington, KY 40504

Multi-Family · 14 Beds · 10 Full Baths · 9,920 Sq. ft. | 0.30 Acres
$725,000 Active

1921 Oxford Circle Overview

Time on Site:
67 days
Visits:
1

Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.

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1921 Oxford Circle Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,920
  • Price/Sq.ft. $73
  • Lot 0.30 Acres

Details

General

School Information

  • Elementary School: Cardinal Valley
  • Middle Or Junior School: Beaumont
  • High School: Dunbar

Income/Expenses

  • Other Expense: 1800.0
  • Electric Expense: 600.0
  • Gross Income: 94800.0
  • Gross Scheduled Income: 94800.0
  • Insurance Expense: 5488.0
  • Maintenance Expense: 600.0
  • Net Operating Income: 60778.0

Building Information

  • Year Built: 1959

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 004 - Fayette County SW
  • MLS Area Minor: 004 - Fayette County SW
  • Subdivision Name: Cardinal Valley

Community/Development

  • Number Of Units In Community: 10

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 14754800
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Full: 10
  • Bathrooms Half: 0
  • Bathrooms Total: 10
  • Bedrooms Total: 14

Building Interior

  • Building Area Total: 9920.0

General Information

  • Living Area: 9920.0
  • Living Area Source: Public Records
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 20.0

Lot Information

  • Lot Size Acres: 0.301
  • Lot Size Area: 0.3
  • Lot Size Square Feet: 13101.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Roof: Composition,Shingle
  • Structure Type: Multi Family

General Information

  • Number Of Units Total: 10
  • Number Of Units Vacant: 2
  • Utilities: Electricity Connected,Natural Gas Connected,Water Connected

1921 Oxford Circle Neighborhood

Community

40504 (Lexington) Demographics

30
Median Age
4,468
Population Density (per sq. mile)
37%
College Educated
$38,634
Estimated Median Income
3,561
Estimated Total Home Owners
7,932
Estimated Total Renters
31% / 69%
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.

1921 Oxford Circle Monthly Cost

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$ %
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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.

1921 Oxford Circle Market Data

Based on the last 30 days in this zip code

$363,503
Average List Price
$182
Average Price per Square Foot
17
Properties Sold
65
Average Days on Market
47
Properties for Sale
Calculations provided by Reliance Network

1921 Oxford Circle History

Date Event Value Agent
5/16/2026Source: Imagine MLS/Bluegrass Price Reduction
$725,000 -3.3%
4/23/2026Source: Imagine MLS/Bluegrass Added to Database
April 23, 2026
11/26/2025Source: Imagine MLS/Bluegrass Added to Database
November 26, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025