1312 1317 Devonport Drive, Lexington, KY 40504

$1,577,801

Property Type: Residential Income Bedrooms: 24 Baths: 24 Square Footage: 13,200 Lot Size (sq. ft.): 30,492 Status: Closed

Current Price: $1,577,801 List Date: 3/28/2022 Last Modified: 8/26/2025

Overview

Description

Two well maintained apartment buildings with a total of 24 units (12 in each). There are 3 floors in each building and units are approximately 525 sq. ft. See Rent Proforma attached to listing. Updates include new flooring and paint in most units. Data believed correct but not guaranteed. Buyer to verify data.

Listing Details MLS# 22001199

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2022-03-22T18:07:45Z
Status Change Timestamp: 2022-07-01
Purchase Contract Date: 2022-04-18
Close Date: 2022-07-01
Close Price: 1577801
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: n/a

Address

County: Fayette
Street Number: 1312 1317
Street Name: Devonport
Street Suffix: Drive
State: KY
Zip Code: 40504
Directions: From Versailles road, turn onto Alexandria Dr. Turn left onto Devonport Dr. 1312 is on the right, 1317 is on the left.
Parcel Number: 17204775

Contract

Original List Price: 2400000
Start Showing Date: 2022-01-24
Listing Contract Date: 2022-01-24
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 3000000
List Price/SqFt: 159.09
Sold Price/Acre: 2254001.43
Sold Price/SqFt: 119.53
SP/LP: 0.75

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Holiday Hills

Interior

Bedrooms Total: 24
Bathrooms Total: 24
Bathrooms Full: 24
Living Area: 13200
Bathrooms Half: 0

More Information

Building

Year Built: 1974
Stories Total: 3

Lot

Lot Size Acres: 0.7
Lot Size Square Feet: 30492

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Two well maintained apartment buildings with a total of 24 units (12 in each). There are 3 floors in each building and units are approximately 525 sq. ft. See Rent Proforma attached to listing. Updates include new flooring and paint in most units. Data believed correct but not guaranteed. Buyer to verify data.

Showing Information

Showing Instructions: Call JR Miller. 859-953-2068.

Tax & Legal

Elementary School: Lane Allen
Middle Or Junior School: Beaumont
High School: Dunbar
Tax Rate: 1.2727
Zoning Description: R-4

Association/Community

Number Of Buildings: 2
Number Of Units Total: 24

Association Amenities

Security: Yes

Cooling

Electric: Yes

Heating

Electric: Yes
Forced Air: Yes

Parking Features

On Site: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Other: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Income and Expenses

Vacancy Allowance Rate: 0

Documents

Sellers Disclosure Of Property Condition: Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Association Amenities: Security Cooling: Electric Heating: Electric; Forced Air Parking Features: On Site; Paved Possession: Close Of Escrow Roof: Other Special Listing Conditions: Standard Structure Type: Multi Family Documents: Sellers Disclosure Of Property Condition

Listing Office: eXp Realty, LLC

Last Updated: August - 26 - 2025

Information deemed reliable but not guaranteed.