1409 Fontaine Road, Lexington, KY 40502
$1,150,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
4
Square Footage:
5,670
Lot Size (sq. ft.):
9,749
Status:
Active
Current Price:
$1,150,000
List Date:
10/22/2026
Last Modified:
10/23/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 26029281
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Quadruplex
Status Change Information
- Status Change Timestamp
- 2026-10-22
Address
- County
- Fayette
- Street Number
- 1409
- Street Name
- Fontaine
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40502
- Zip +4
- 1951
- Directions
- High Street to Fontaine Rd, Building on the Left.
- Parcel Number
- 14093100
Contract
- Original List Price
- 1150000
- Start Showing Date
- 2026-10-22
- Listing Contract Date
- 2026-10-22
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/Acre
- 5133928.57
- List Price/SqFt
- 202.82
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Chevy Chase
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 5
- Bathrooms Total
- 4
- Bathrooms Full
- 4
- Living Area
- 5670
- Living Area Source
- Public Records
More Information
Parking Information
- Parking Total
- 7
Building
- Year Built
- 1940
- Stories Total
- 3
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.224
- Lot Size Square Feet
- 9749
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- 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.
Building and Property Details
- Laundry SqFt
- 1890
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Cooling:
Central Air
Heating:
Natural Gas
Laundry Features:
Common Area; Lower Level
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Membrane; Shingle
Structure Type:
Quadruplex
Showing Requirements:
Call Listing Agent; Listing Agent Must Accompany; No Sign; Restricted Hours; Showing Service
Listing Office:
Lifstyl Real Estate
Last Updated: October - 23 - 2026
Information deemed reliable but not guaranteed.

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