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Big Options in 40505
1003 Carneal Rd
Lexington, KY, 40505
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Starting at
$150,000
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After-repair value
$270,000
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| ● Preapproved for financing with Evergreen Capital. Details below. |
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Open house
Thu, Sep 17
11:00 AM ET
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Offers due Fri, Sep 18 at 11:00 AM ET
Submit at or above $150,000. No extensions will be granted.
Buyer’s agents, include your commission in the offer. This is not first-come, first-served. Every buyer gets the same shot.
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Can’t make the showing? Offer without walking it.
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Quick facts
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Bedrooms / baths
3 / 2
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Square feet
1,957
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Year built
1952
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Lot size
0.22 acres
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Market rent
$1,800/mo
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Occupancy
Vacant
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Earnest money
$2,500
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Closing by
10/15/2026
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What makes this deal special
INVESTOR ALERT — BIG HOUSE, BIG OPTIONS, MULTIPLE EXIT STRATEGIES!
Bring your vision to 1003 Carneal Rd and unlock the potential of this spacious Lexington property! Whether your game plan is buy-and-hold, flip, or a creative conversion, this one gives investors plenty of ways to create value. The generous amount of space opens the door to a number of possibilities, including a potential duplex configuration for the investor looking to maximize income and add another door to the portfolio.
Located just inside New Circle Rd, this property puts you minutes from everything Lexington has to offer while keeping you in an established residential area. Rehab it as a large single-family home for resale, configure it for rental income, or explore the potential of a multi-unit strategy — the exit strategy is up to you!
Big house. Great location. Multiple plays. If you're looking for a property where creativity can translate into value, this is one to take a serious look at!
Andy Klunder
Investment Sales Specialist, Rapid Fire Investments
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Comparable sales
1008 Darley Dr, Lexington, KY 40505 3 bd / 2 ba | 1306 sqft | closed Apr 2026 Renovated |
636 Locust Ave in Lexington, KY, 40505 is a renovated 918 SqFt, 3 Bed / 2 Bath that sold for $220,000 on 5/22/2026 ($239.65 per SqFt ) |
1051 Darley Dr, Lexington, KY 40505 3 bd / 2 ba | 1061 sqft | closed May 2025 Renovated |
Pulled from public record and provided for reference only.
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Known repairs
These notes reflect what we saw at the walkthrough. They are estimates, not inspections.
Verify condition, comps, scope, and every figure in this email independently before you offer.
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Either way, offers are due Fri, Sep 18 at 11:00 AM ET.
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Andy Klunder
Investment Sales Specialist
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Terms of this deal
| $2,500 earnest money, hard day one. Forfeited if the buyer fails to perform; refundable if title issues arise or the seller backs out. |
| Closing on or before 10/15/2026. |
| Title is open with Brown & Thompson, PLLC. |
| Sight-unseen, no-contingency cash offers are accepted. |
| Agents: add your fee to the offer and bring us a buyer. |
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 Rapid Fire deals move fast. You need a lender who can keep up. This deal is preapproved for financing with Evergreen Capital. Evergreen is a private lender built by the same operators behind Rapid Fire, and the collateral on this house has already cleared their box. Get pre-qualified once and you are ready for this deal or the next one. No credit pull · Instant decision Evergreen Capital and Rapid Fire Investments share common ownership. Financing is not a condition of purchase and you are free to use any lender you choose. |
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Rapid Fire Investments, a DBA of Streamline Realty LLC
We are selling our assignable purchase contract, not the real property itself. Rapid Fire
Investments is not acting as your agent or fiduciary.
Full disclosures and disclaimers
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