311 Madison Place, Lexington, KY 40508
Local realty services provided by:ERA Select Real Estate
311 Madison Place,Lexington, KY 40508
$648,900
- 5 Beds
- 3 Baths
- 3,109 sq. ft.
- Multi-family
- Active
Listed by: angie fields
Office: lifstyl real estate
MLS#:25507796
Source:KY_LBAR
Price summary
- Price:$648,900
- Price per sq. ft.:$208.72
About this home
Beautiful 1895 Historic Home in Woodward Heights Historic District - 3 Separate Apartments - 3,109 Sq Ft - Currently an Active Airbnb. This beautifully maintained historic home is currently operating as a successful Airbnb with three separate apartments. The property offers the potential for conversion back to a single-family home, allowing for flexibility in how you choose to use the space. Each apartment features its own private entrance, kitchen, and living area, making it ideal for short-term rentals, long-term tenants, or multi-generational living. Historic details such as tall ceilings, original wood flooring and woodwork, and large windows create a warm, inviting atmosphere in every unit. The property is conveniently located close to Rupp Arena, Gatton Park, downtown dining and shopping as well as with the University of Kentucky and Transylvania University. It also includes a unique backyard with brick paving and shade, perfect for outdoor relaxation. Whether you continue as a profitable rental operation or reimagine for personal use, this property offers unlimited potential in a prime setting.
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Home facts
- Year built:1895
- Listing ID #:25507796
- Added:1 day(s) ago
- Updated:December 11, 2025 at 11:43 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,109 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Electric, Window Unit(s)
- Heating:Baseboard, Forced Air, Natural Gas
Structure and exterior
- Year built:1895
- Building area:3,109 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Lafayette
- Middle school:Lexington Trad
- Elementary school:Harrison
Finances and disclosures
- Price:$648,900
- Price per sq. ft.:$208.72
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