166-180 Heritage Drive, Nicholasville, KY 40356

$1,370,000

Close to Main Street and Lake Mingo Park

Property Type: Residential Income Bedrooms: 16 Baths: 17 Square Footage: 10,688 Lot Size (sq. ft.): 22,390 Status: Active

Current Price: $1,370,000 List Date: 4/17/2026 Last Modified: 7/05/2026

Overview

Description

UPDATE: Units 166-168 are under contract. Units 170-180 are available as a 6-townhome package sale for $171,250/door. Prime location and 100% occupancy! Townhomes for your portfolio with a mixture of long term tenancy and month to month tenants. Located on the north side of recently upgraded Lake Mingo Park, all units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them! Several new AC units. Tenants pay all utilities. The location is ideal for tenants because of walkability to jobs and shopping and Main Street. Ideal for a 1031 Exchange. Floor plans are attached.

Listing Details MLS# 26008271

Listing Information

Comp Sale YN: No
Property Sub Type: Quadruplex

Status Change Information

Status Change Timestamp: 2026-04-17

Address

County: Jessamine
Street Number: 166-180
Street Name: Heritage
Street Suffix: Drive
State: KY
Zip Code: 40356
Directions: Main Street Nicholasville to Strawberry Lane and Right on Heritage Dr. The first set of townhomes on the left. There is no sign.
Parcel Number: 057-40-12-045.00

Contract

Original List Price: 1370000
Start Showing Date: 2026-04-17
Listing Contract Date: 2026-04-17
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 2665369.65
List Price/SqFt: 128.18

Tax Legal

MLS Area Major: 009 - Jessamine County
Subdivision Name: Orchard
High School District: Jessamine County - 9

Interior

Bedrooms Total: 16
Bathrooms Total: 17
Bathrooms Full: 8
Bathrooms Half: 9
Living Area: 10688
Living Area Source: Appraiser

More Information

Parking Information

Parking Total: 16

Building

Year Built: 1988
Stories Total: 3
Accessibility Features YN: No

Lot

Lot Size Acres: 0.514
Lot Size Square Feet: 22389.84
Lot Size Dimensions: 224x100
Road Frontage Feet: 224

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Available: Yes
Electricity Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: UPDATE: Units 166-168 are under contract. Units 170-180 are available as a 6-townhome package sale for $171,250/door. Prime location and 100% occupancy! Townhomes for your portfolio with a mixture of long term tenancy and month to month tenants. Located on the north side of recently upgraded Lake Mingo Park, all units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them! Several new AC units. Tenants pay all utilities. The location is ideal for tenants because of walkability to jobs and shopping and Main Street. Ideal for a 1031 Exchange. Floor plans are attached.

Building and Property Details

Building Expansion Potential YN: No
Lot Expansion Potential YN: No

Showing Information

Showing Instructions: Requires 48 hour notice.

Tax & Legal

Elementary School: Red Oak
Middle Or Junior School: East Jessamine Middle School
High School: East Jess HS
Tax Rate: 1.239

Association/Community

Number Of Buildings: 8
Number Of Units In Community: 8
Number Of Units Total: 8

Cooling

Central Air: Yes

Heating

Heat Pump: Yes
Natural Gas: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Parking Features

Covered: Yes
Open: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Structure Type

Multi Family: Yes

Showing Requirements

Call Listing Agent: Yes
No Sign: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Heat Pump; Natural Gas Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Covered; Open Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Structure Type: Multi Family Showing Requirements: Call Listing Agent; No Sign

Documents

Sellers Disclosure Of Property Condition ›

One unit floor plan ›

Listing Office: RE/MAX Elite Realty

Last Updated: July - 05 - 2026

Information deemed reliable but not guaranteed.