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1969 Cambridge Drive, Lexington, KY 40504

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For Sale
Sale Pending

$1,600,000

40 beds • 20 baths • 3,520 sqft

Estimated Payment

$ 8,200 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $454.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great investment opportunity! Selling as a package which includes the following 20 total units. Five 4 plexes, 1969, 1973, 1977, 1981, 2005 Cambridge Drive. There are 20- two bedroom,1 bath units, all have washer/dryer connections and refrigerator and stove, gas furnace and central air. Units are all metered separately. There are two additional listings with that could be purchased with his portfolio that are within 1/2 mile radius of this property also for sale. 12 units at 1904 Cambridge Drive MLS# 24024820 and 10 units at 1921 Oxford Circle. MLS#24024819.
MLS# 24024816

Courtesy Of Assurance Realty & Property Management

(859) 296-4663

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 1969 Cambridge Drive, Lexington, KY 40504

Home seller CENTURY 21 Simpson and Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Simpson and Associates

(859) 455-3321
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $8,200
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $8,200

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Cardinal Valley Elementary School

Grades PK-5 Public School

Lexington, KY 40504 0.2 miles
218 mandalay rd

585 total students
11:1 Student teacher ratio

School Rating: D-

School Details

Leestown Middle School

Grades 6-8 Public School

Lexington, KY 40511 1.5 miles
2010 leestown rd

1027 total students
15:1 Student teacher ratio

School Rating: B-

School Details

Paul Laurence Dunbar High School

Grades 9-12 Public School

Lexington, KY 40513 2.9 miles
1600 man o war blvd

2022 total students
19:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
James Lane Allen Elementary School 1 miles Public PK-5 C-
Audrey Grevious Center 1.1 miles Public 6-12
Family Care Center 1.2 miles Public 9-12
Kentucky Tech - Central Campus 1.2 miles Public UG
Central Ky Technical College 1.2 miles Public UG
The Lexington School 1.4 miles Private PK-8
Lexington Adventist Academy 1.5 miles Private 1-8
Beaumont Middle School 1.7 miles Public 6-8 B-
Garden Springs Elementary School 1.8 miles Public KG-5 D+
Meadowthorpe Elementary School 1.8 miles Public KG-5 A
Southside Technical Center 1.8 miles Public 9-12
Picadome Elementary School 1.8 miles Public PK-5 C
Fayette Pre-school 2 miles Public PK
Lafayette High School 2.1 miles Public 9-12 A
Scapa At Bluegrass 2.1 miles Public 4-8 A-
Lexington Montessori School 2.1 miles Private PK-5
Fayette County Preschool Center 2.2 miles Public PK
Rosa Parks Elementary School 2.2 miles Public KG-5 B+

James Lane Allen Elementary School

Distance: 1 miles

Type Public

Grades: PK-5

C-

Audrey Grevious Center

Distance: 1.1 miles

Type Public

Grades: 6-12

Family Care Center

Distance: 1.2 miles

Type Public

Grades: 9-12

Kentucky Tech - Central Campus

Distance: 1.2 miles

Type Public

Grades: UG

Central Ky Technical College

Distance: 1.2 miles

Type Public

Grades: UG

The Lexington School

Distance: 1.4 miles

Type Private

Grades: PK-8

Lexington Adventist Academy

Distance: 1.5 miles

Type Private

Grades: 1-8

Beaumont Middle School

Distance: 1.7 miles

Type Public

Grades: 6-8

B-

Garden Springs Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-5

D+

Meadowthorpe Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-5

A

Southside Technical Center

Distance: 1.8 miles

Type Public

Grades: 9-12

Picadome Elementary School

Distance: 1.8 miles

Type Public

Grades: PK-5

C

Fayette Pre-school

Distance: 2 miles

Type Public

Grades: PK

Lafayette High School

Distance: 2.1 miles

Type Public

Grades: 9-12

A

Scapa At Bluegrass

Distance: 2.1 miles

Type Public

Grades: 4-8

A-

Lexington Montessori School

Distance: 2.1 miles

Type Private

Grades: PK-5

Fayette County Preschool Center

Distance: 2.2 miles

Type Public

Grades: PK

Rosa Parks Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-5

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lexington, KY 40504

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Lexington, KY 40504

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are below the national average.

87° July
Hottest Average Month
24° January
Coldest Average Month
12,142 Total Households in Area
-0.1% Increase in population since the year 2010
24%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lexington, KY 40504

Lexington, KY 40504 has a population of 26,847 people in 12,142 households with a median age of 32.8 years old.

-0.1%
Decrease in population
since the year 2010
Population is Trending down
11,825
Total households as of 2010
4.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32.8 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 59%
Hispanic 21%
Black 14%
Other 13%
Asian 3%
Native American <1%
The most prevalent ethnicity is White at 59%, followed by Hispanic at 21%, Black at 14%, and Other at 13%.

Economics
for Lexington, KY 40504

4,379 /sq mi
Population Density
$45,965 /yr
Median Household Income
$235,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 17.7% of the households.

Transportation to Work

  • Drive 86%
  • Walk or Bike 6%
  • Work from Home 5%
  • Public Transit 4%

Occupancy by Type

Rented 8,405 63%
Owned 3,736 28%
Vacant 1,158 9%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Lexington, KY 40504

32.8 Median Age

Average Household Size

2.2
persons per
household

23.2%

Married Households

Community Population By Education

High School Graduate 24%
Some College 22%
Bachelors Degree 22%
Graduate Degree 13%
Some High School 13%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 23.95% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24% of households have children

Weather
for Lexington, KY 40504

The weather for this area ranges from a high of 87° F in July to a low of 24° F in January

87° July
Hottest Average Month
24° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
42°
Feb
26°
46°
Mar
34°
56°
Apr
44°
66°
May
53°
75°
Jun
61°
83°
Jul
65°
87°
Aug
64°
86°
Sep
57°
80°
Oct
45°
69°
Nov
36°
56°
Dec
28°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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