148 E Fourth Street, Lexington, KY 40508

New Listing
$465,000
Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 2,578 Lot Size (sq. ft.): 5,097 Status: Active
Current Price: $465,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.

Listing Details MLS# 26013380

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2026-06-10

Address

County
Fayette
Street Number
148
Street Direction Prefix
E
Street Name
Fourth
Street Suffix
Street
State
KY
Zip Code
40508
Zip +4
1430
Directions
Main Street to Limestone, north on Limestone, right on 4th street, up the hill, Access to Parking is from shared driveway on left side of Yellow Duplex (152 E 4th).
Parcel Number
38293270

Contract

Original List Price
465000
Start Showing Date
2026-06-10
Listing Contract Date
2026-06-10
Listing Agreement
Exclusive Right To Sell
Owner Name
Multi-Unit/Multi-Family Residential
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
3974358.97
List Price/SqFt
180.37

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown
High School District
Fayette County - 1

Interior

Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Living Area
2578
Living Area Source
Public Records
Bathrooms Half
0

More Information

Parking Information

Parking Total
5

Building

Year Built
1890
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.117
Lot Size Square Feet
5097

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.

Building and Property Details

Age of Roof
2022

Income and Expenses

Gross Scheduled Income
31860

Showing Information

Showing Instructions
48 hour notice. Please do not disturb tenants, please do not go to property without prior notice and approval. Call listing agent or schedule on showing assist. Can be purchased with neighboring duplex. Lock box is on fence along entry driveway.

Tax & Legal

Elementary School
William Wells Brown
Middle Or Junior School
Lexington Trad
High School
Frederick Douglass
Tax Rate
1.27
Zoning Description
R4

Association/Community

Number Of Buildings
1
Number Of Units Total
2

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Electric
Yes

Laundry Features

Electric Dryer Hookup
Yes
Main Level
Yes
Upper Level
Yes
Washer Hookup
Yes

Listing Terms

1031 Exchange
Yes
Conventional
Yes

Parking Features

Open
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Rental Agreement
Yes

Roof

Shingle
Yes

Structure Type

Duplex
Yes

Showing Requirements

Call Listing Agent
Yes
No Sign
Yes
Restricted Hours
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup Listing Terms: 1031 Exchange; Conventional Parking Features: Open; Paved Possession: Close Of Escrow; Rental Agreement Roof: Shingle Structure Type: Duplex Showing Requirements: Call Listing Agent; No Sign; Restricted Hours; Showing Service
Listing Office: RE/MAX Elite Lexington
Last Updated: June - 10 - 2026
Information deemed reliable but not guaranteed.