115 Cochran Road

Closed 6/28/23

Resized_Resized_20220904_162913_13940935

Resized_Resized_20220904_172730_13940818

Sold

Last Sold Price

$833,000

6 beds6 baths4,492 sqft

115 Cochran Road, Lexington, KY 40502

OtherProperty Type

0.27 acresLot Size

1940Year Built

$185/sq ftPrice per sq ft

10 carsParking Spaces

Description

This is a rare opportunity to own Chevy's Chase historic 6-plex, built in the 1940's and known as 'The Cavalier'. The owner has beautifully maintained this building with over 150,000 dollars of improvements since purchase. Currently the building is 100 percent occupied with tenants that love living here. All but two units (long term renters) have been renovated. This fabulous property is walking distance to the Chevy Chase shops, restaurants, schools and to the University of Kentucky/Downtown. Don't...This is a rare opportunity to own Chevy's Chase historic 6-plex, built in the 1940's and known as 'The Cavalier'. The owner has beautifully maintained this building with over 150,000 dollars of improvements since purchase. Currently the building is 100 percent occupied with tenants that love living here. All but two units (long term renters) have been renovated. This fabulous property is walking distance to the Chevy Chase shops, restaurants, schools and to the University of Kentucky/Downtown. Don't miss out!

Listed by: Whitney W Durham 859.983.9500 whitney@bgsir.com Brokerage DRE #674 • Bluegrass Sotheby's International Realty

Listing closed: 06/28/2023 12:00 AM • Source: Imagine MLS, MLS#: 23008777

Recent comparable sales

Median sold price

$990,000

Avg days on market

Sale-to-list ratio

93.8%

1/63

$1,057,500

Sold 11/06/24

6
Bedrooms: 6
Bathrooms: 4,368
Square Feet: 0.23
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Acres

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Location

Listing Courtesy of Bluegrass Sotheby's International Realty

Sold By Bluegrass Sotheby's International Realty

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$5,305 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,447

Property Taxes

$858

HOA Dues

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Property Information for 115 Cochran Road

Property Details

MLS Type: Residential Income
County: Fayette County
Subdivision Name: Chevy Chase
Zoning Description: R-3

Building Information

Stories: 3
Residences: 6
Year Built: 1940
Lot Size: 0.27 AC / 11,927 SF

Summary

Location and General Information

Directions: Tates Creek to Cochran, property on the left, The Cavalier
Latitude: 38.027804

Longitude: -84.48881
MLS Area Major: 003 - Fayette County SE
MLS Area Minor: 003 - Fayette County SE

Taxes and HOA

Parcel Number: 15773275

School Information

Elementary School: Cassidy
High School: Henry Clay

High School District: Fayette County - 1
Middle Or Junior School: Morton

Parking

Parking Total: 10.0

Property

Lot Information

Lot Size Acres: 0.2738
Lot Size Area: 0.27

Lot Size Square Feet: 11927.0
Lot Size Units: Acres

Property and Assessments

Building Area Total: 4492.0
Living Area: 4492.0

New Construction: No
Year Built: 1940

Building Features

Number Of Buildings: 1
Structure Type: Multi Family

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Multi Family

Multi Family Information

Number Of Units Total: 6

Income & Expenses

Gross Income: $4,425

Interior and Exterior Features

Exterior Features

Association Amenities: Coin Laundry
Roof: Shingle

Stories Total: 3

Interior Features

Bathrooms Full: 6
Bathrooms Total Integer: 6

Bedrooms Total: 6
Cooling: Electric
Cooling: Yes
Heating: Forced Air
Heating: Yes

Property History for 115 Cochran Road

Date	Event & Source	Price	Appreciation
Jun 28, 2023	Sold (Public Record) Public Record #1516402031	$833,000	+8.0% / yr
Jun 28, 2023	Sold Imagine MLS #23008777	$833,000	—
May 23, 2023	Contract Signed Imagine MLS #23008777		—
May 21, 2023	Listed (Active) Imagine MLS #23008777	$849,500	—
Aug 31, 2010	Sold (Public Record) Public Record #1441234496	$311,000	—

Date	Event & Source	Price
06/28/2023	Sold (Public Record) Public Record #1516402031	$833,000 +8.0% / yr
06/28/2023	Sold Imagine MLS #23008777	$833,000
05/23/2023	Contract Signed Imagine MLS #23008777	—
05/21/2023	Listed (Active) Imagine MLS #23008777	$849,500
08/31/2010	Sold (Public Record) Public Record #1441234496	$311,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

115 Cochran Road

Total Finished SqFt

5,638 SqFt

Above Grade Finished SqFt

5,638 SqFt

Stories

Lot Size

15,120 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1940

Schools near 115 Cochran Road

This home is within Fayette County.


Rating	School	Type	Grades	Distance
9/10	Cassidy Elementary School	Public - Serves this home	K to 5	0.2 mi
7/10	Morton Middle School	Public - Serves this home	6 to 8	0.3 mi
7/10	Henry Clay High School	Public - Serves this home	9 to 12	1.4 mi
NR	FCPS Virtual Academy	Public - Nearby school	K to 12	0.7 mi
9/10	Maxwell Spanish Immersion Elementary School	Public - Choice school	K to 5	0.7 mi
10/10	Opportunity Middle College	Public - Choice school	11 to 12	0.8 mi
NR	Christ the King School	Private - Nearby school	PK to 8	0.4 mi


Rating	School	Distance
9/10	Cassidy Elementary School PublicK to 5 Serves this home	0.2 mi
7/10	Morton Middle School Public6 to 8 Serves this home	0.3 mi
7/10	Henry Clay High School Public9 to 12 Serves this home	1.4 mi
NR	FCPS Virtual Academy PublicK to 12 Nearby school	0.7 mi
9/10	Maxwell Spanish Immersion Elementary School PublicK to 5 Choice school	0.7 mi
10/10	Opportunity Middle College Public11 to 12 Choice school	0.8 mi
NR	Christ the King School PrivatePK to 8 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 115 Cochran Road, Lexington, KY 40502	$833,000	6	6	4,492	11,927
111 Cochran Road, Lexington, KY 40502	$635,000	–	–	4,000	12,001
125 Chenault Road, Lexington, KY 40502	$385,000	3	2	1,559	10,018
117 Cochran Road, Lexington, KY 40502	$230,000	–	–	3,538	13,503
109 Cochran Road, Lexington, KY 40502	–	–	–	4,602	16,801
127 Chenault Road, Lexington, KY 40502	$315,000	3	2	1,515	9,431
107 Cochran Road, Lexington, KY 40502	–	–	–	5,400	17,398
150 Cochran Road, Lexington, KY 40502	–	–	–	6,286	12,419
160 Cochran Road, Lexington, KY 40502	$35,000	–	–	6,365	10,128
861 East High Street, Lexington, KY 40502	–	–	–	3,726	30,091
129 Chenault Road, Lexington, KY 40502	$440,000	3	4	2,775	8,276
105 Cochran Road, Lexington, KY 40502	–	–	–	5,040	17,154
170 Cochran Road, Lexington, KY 40502	$733,000	4	2	1,862	8,760
131 Chenault Road, Lexington, KY 40502	$335,000	3	2	1,805	8,076
106 Cochran Road, Lexington, KY 40502	$540,000	4	4	3,864	12,720

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