405 & 407 W Third Street, Lexington, KY 40508
Local realty services provided by:ERA Select Real Estate
405 & 407 W Third Street,Lexington, KY 40508
$580,000
- 8 Beds
- 4 Baths
- 3,922 sq. ft.
- Multi-family
- Active
Listed by: gokce tekeli
Office: united real estate bluegrass
MLS#:25506041
Source:KY_LBAR
Price summary
- Price:$580,000
- Price per sq. ft.:$147.88
About this home
An excellent investment opportunity in a fantastic downtown location! Situated right next to Transylvania University, and minutes from the new Gatton Park, Rupp Arena, popular breweries, and more, this fully rented 4-plex offers solid income and strong long-term potential. The property is being sold with the adjacent lot at 407 W Third St. The lot is zoned R-4 which is ideal for future development or expansion in a Designated Opportunity Zone. Don't miss this rare chance to own income-producing property with value-add possibilities in an unbeatable location.
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Home facts
- Year built:1950
- Listing ID #:25506041
- Added:1 day(s) ago
- Updated:November 13, 2025 at 06:40 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,922 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1950
- Building area:3,922 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Lafayette
- Middle school:Lexington Trad
- Elementary school:Harrison
Finances and disclosures
- Price:$580,000
- Price per sq. ft.:$147.88
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