100-102 S Hanover Avenue, Lexington, KY 40502

$1,150,000
Property Type: Residential Income Bedrooms: 12 Baths: 6 Square Footage: 8,400 Lot Size (sq. ft.): 11,800 Status: Contingent
Current Price: $1,150,000 List Date: 9/13/2025 Last Modified: 4/18/2026

Overview

Description

Step back in time with this Ashland Park charmer. Built in 1929, this six-unit apartment building was said to have been one of the first steel structure apartments built in Fayette County. The adjacent duplex was designed to be on top of this building as the fourth and fifth levels. Each apartment offers hardwood floors, high ceilings, unique built-ins, living room, dining room, kitchen, 2 bedrooms, and a full bath. There is a shared laundry and individual storage areas in the lower level. The Seller is providing a $200,000 KY Heritage Council historic tax credit that can be passed along to the Purchaser. It can be used as early as June 2026 with a 3-year deadline ending July 2029. The adjacent duplex is also available. Located steps away from Chevy Chase shopping and restaurants, downtown Lexington, the University of KY, and Ashland, the Henry Clay Estate!

Listing Details MLS# 25501231

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2026-03-03T21:35:52Z
Status Change Timestamp
2026-04-18
Purchase Contract Date
2026-04-17

Address

County
Fayette
Street Number
100-102
Street Direction Prefix
S
Street Name
Hanover
Street Suffix
Avenue
State
KY
Zip Code
40502
Directions
Located on the corner of Richmond Road and South Hanover. Park in front of the building.
Parcel Number
12101800

Contract

Original List Price
1395000
Start Showing Date
2025-10-09
Listing Contract Date
2025-09-12
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
4259259.26
List Price/SqFt
136.9

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Ashland Park
High School District
Fayette County - 1

Interior

Bedrooms Total
12
Bathrooms Total
6
Bathrooms Full
6
Living Area
8400
Living Area Source
Public Records
Bathrooms Half
0

More Information

Building

Year Built
1929
Stories Total
3
Accessibility Features YN
No

Lot

Lot Size Acres
0.2709
Lot Size Square Feet
11800

Utilities

Cooling YN
No
Heating YN
Yes

Remarks

Public Remarks
Step back in time with this Ashland Park charmer. Built in 1929, this six-unit apartment building was said to have been one of the first steel structure apartments built in Fayette County. The adjacent duplex was designed to be on top of this building as the fourth and fifth levels. Each apartment offers hardwood floors, high ceilings, unique built-ins, living room, dining room, kitchen, 2 bedrooms, and a full bath. There is a shared laundry and individual storage areas in the lower level. The Seller is providing a $200,000 KY Heritage Council historic tax credit that can be passed along to the Purchaser. It can be used as early as June 2026 with a 3-year deadline ending July 2029. The adjacent duplex is also available. Located steps away from Chevy Chase shopping and restaurants, downtown Lexington, the University of KY, and Ashland, the Henry Clay Estate!

Building and Property Details

Age of Roof
2018

Showing Information

Showing Instructions
LA to accompany - please allow 48-hour notice to show. There are 2 apartments in the 6-plex that can be shown.

Tax & Legal

Elementary School
Cassidy
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2583
Zoning Description
R-3

Association/Community

Number Of Buildings
1
Number Of Units Total
6

Heating

Hot Water
Yes

Laundry Features

Common Area
Yes
Lower Level
Yes

Parking Features

Other
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes

Property Features

Heating: Hot Water Laundry Features: Common Area; Lower Level Parking Features: Other Possession: Close Of Escrow; Subject To Tenant Rights Structure Type: Multi Family Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: April - 18 - 2026
Information deemed reliable but not guaranteed.