In the heart of Lexington’s historic Ashland Park area, this rare 12-unit multifamily offering at 2101 Fontaine Road presents a compelling mix of location, stability, and upside. With ten 2 bed / 1 bath units and two 1 bed / 1 bath units, the property blends classic 1960s construction with recent cosmetic upgrades in over half the units. Situated just steps from the fully redeveloping Henry Clay High School and minutes from major employers like the University of Kentucky and CHI Saint Joseph Health (Central Baptist), the property benefits from strong rental demand and an ideal tenant profile. Surrounded by some of Lexington’s most established neighborhoods and positioned just off the growing Richmond Road retail corridor, the location offers exceptional long-term fundamentals. With market rents nearly 9% above current averages, and only ~4% of Fayette County multifamily properties trading in 2024, this is a rare chance to acquire a stabilized asset in a transforming corridor. For financials or to schedule a tour, contact Justin Ryder, CCIM, at 859.447.3285 or Justin.ryder@svn.com, or Rachel Ridd at 859.327.7261 or Rachel.ridd@svn.com.