About Modern Property Management
Modern Property Management was formed in 2005 and has an office in Lexington, managing single-family homes, multi-family apartment complexes, HOAs and REO properties in Fayette County, with maintenance, accounting, renovation and brokerage.
In their words: “We are a full-service management company providing management, maintenance and accounting services.”
Review summary: Most reviewers mention helpful, responsive staff and an easy leasing and viewing process.
Years in business from the company's website: “Modern Property Management, Inc. was formed in 2005 using the management structure, operations practices and contractor base developed to meet the challenges of managing a portfolio of multi-family properties acquired by MPM's founders beginning in 2003.”
Written by our team from the company's Google listing and website.
What we checked
- Google listing open, checked October 2026
- Manages rentals for other owners (our property-manager check)
- Website read on November 3, 2026
- Newest Google review: October 28, 2026
Not checked by us
- Kentucky license records (coming soon)
- Memberships: taken from the company's website
- Fees and contract terms: ask for a written quote
- Insurance
- Service quality beyond Google reviews
No company pays to be listed or ranked. How we choose companies
At a glance
Property types
- Single-family homes
- Multi-family apartment complexes
- Hoas
- Reo properties
Services
- Property management
- Maintenance
- Accounting
- Tenant screening
- Renovation
- Real estate brokerage
- Property tax appeals
Areas served
- Lexington
- Fayette County
From the company's website, checked November 3, 2026.
How they work with owners
- Apartment association member (says its website)
- “We are members of the Lexington-Bluegrass Association of Realtors, the Greater Lexington Apartment Association” Source
Copied word for word from the company's website, read November 3, 2026. Memberships are as the company states them; we have not checked them with the association.
Published fees
- Management fee
- “Our fees are reasonable and competitive, generally ranging from 8 to 10 percent for smaller properties and 4 to 5 percent for larger properties with on-site staff.” Source
- Start-up fee
- “For managed properties, the initial start-up fee for empty units varies from one to one-half month's rent, and is negotiable.” Source
Copied word for word from the company's website, checked November 3, 2026. Fees change: ask for a written quote before you sign.
Office and hours
1501 N Limestone, Lexington, KY 40505
| Monday | 9:00 AM – 5:30 PM |
| Tuesday | 9:00 AM – 5:30 PM |
| Wednesday | 9:00 AM – 5:30 PM |
| Thursday | 9:00 AM – 5:30 PM |
| Friday | 9:00 AM – 5:30 PM |
| Saturday | Closed |
| Sunday | Closed |
Hours from Google. Call ahead to confirm.
Google rating
Topics reviewers mention
- Helpful staff 80
- Leasing 22
- Responsive staff 22
- Helpful team 20
- Ease of process 9
- Honest team 3
- Property viewing 3
- Modern properties 3
- Lease renewal 2
- Fast maintenance 2
Source: Google. Newest review October 28, 2026. We show counts only, never review text. Read the reviews on Google
Questions about Modern Property Management
Where is Modern Property Management located?
Modern Property Management's office is at 1501 N Limestone, Lexington, KY 40505.
How long has Modern Property Management been in business?
Since 2005, about 21 years. Its website says: “Modern Property Management, Inc. was formed in 2005 using the management structure, operations practices and contractor base developed to meet the challenges of managing a portfolio of multi-family properties acquired by MPM's founders beginning in 2003.”
How much does Modern Property Management charge?
Modern Property Management's website lists these fees: Management fee: “Our fees are reasonable and competitive, generally ranging from 8 to 10 percent for smaller properties and 4 to 5 percent for larger properties with on-site staff.”; Start-up fee: “For managed properties, the initial start-up fee for empty units varies from one to one-half month's rent, and is negotiable.”. Fees change, so ask for a written quote.
Which areas does Modern Property Management serve?
Its website lists Lexington and Fayette County.
What does Modern Property Management manage?
Property types: single-family homes, multi-family apartment complexes, HOAs and REO properties. Services: property management, maintenance, accounting, tenant screening, renovation, real estate brokerage and property tax appeals. From the company's website.
What do Google reviewers say about Modern Property Management?
Modern Property Management has a 4.4 rating from 321 Google reviews. Most reviewers mention helpful, responsive staff and an easy leasing and viewing process.
How do I get a quote from Modern Property Management?
Use Request a free quote on this page. Your request goes only to Modern Property Management. It is free and there is no obligation.
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