250 Lexington Avenue, Lexington, KY 40508
$1,400,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
2
Square Footage:
14,100
Lot Size (sq. ft.):
21,780
Status:
Closed
Current Price:
$1,400,000
List Date:
7/16/2015
Last Modified:
8/26/2025
Overview
Description
Listing Details MLS# 1515708
Listing Information
- Property Sub Type
- Apartment
Status Change Information
- Price Change Timestamp
- 2015-08-31T19:52:54Z
- Status Change Timestamp
- 2015-08-31
- Purchase Contract Date
- 2015-07-16
- Close Date
- 2015-08-31
- Close Price
- 1400000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- na
Address
- County
- Fayette
- Street Number
- 250
- Street Name
- Lexington
- Street Suffix
- Avenue
- State
- KY
- Zip Code
- 40508
- Directions
- Downtown
- Parcel Number
- 11771450
Contract
- Original List Price
- 1500000
- Start Showing Date
- 2015-07-16
- Listing Contract Date
- 2015-07-16
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 3000000
- List Price/SqFt
- 106.38
- Sold Price/Acre
- 2800000
- Sold Price/SqFt
- 99.29
- SP/LP
- 0.93
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Uk Campus
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 3
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area
- 14100
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 35
Building
- Year Built
- 1999
Lot
- Lot Size Acres
- 0.5
- Lot Size Square Feet
- 21780.02
- Lot Size Dimensions
- 142 x ?
- Road Frontage Feet
- 155
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
Remarks
- Public Remarks
- **Under Contract** This complex contains 12 units each with 3 bedrooms & 2 full baths.
Building and Property Details
- Age of Roof
- 16
Income and Expenses
- Credit and Vacancy Losses
- 21367
- Gross Income
- 178056
- Gross Operating Income
- 156689
- Gross Scheduled Income
- 178056
Tax & Legal
- Elementary School
- Ashland
- Middle Or Junior School
- Morton
- High School
- Lafayette
- Tax Rate
- 1.1867
- Zoning Description
- R-4
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 12
Association Amenities
- Coin Laundry
- Yes
Cooling
- Electric
- Yes
- None
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Other
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- Multi Family
- Yes
Property Features
Utilities:
Electricity Connected; Electricity Connected
Association Amenities:
Coin Laundry
Cooling:
Electric; None
Heating:
Electric; Heat Pump
Listing Terms:
Cash; Conventional
Parking Features:
On Site; Paved
Possession:
Other
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Listing Office:
Rector Hayden Realtors
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.