300-304 Madison Place, Lexington, KY 40508
$1,420,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
6
Square Footage:
4,400
Lot Size (sq. ft.):
15,013
Status:
Closed
Current Price:
$1,420,000
List Date:
10/11/2023
Last Modified:
8/29/2025
Overview
Description
Listing Details MLS# 23019704
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Triplex
Status Change Information
- Status Change Timestamp
- 2023-12-15
- Purchase Contract Date
- 2023-10-21
- Close Date
- 2023-12-15
- Close Price
- 1420000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
- Concessions Comments
- n/a
Address
- County
- Fayette
- Street Number
- 300-304
- Street Name
- Madison Place
- State
- KY
- Zip Code
- 40508
- Directions
- The Carriage house is Located on High Street - just past and across from Rupp Arena. Turn left on Madison Place. the tri-plex is on the corner and the vacant lot is adjacent.
- Parcel Number
- 12546600, 12546750, 38018730
Contract
- Original List Price
- 1575000
- Start Showing Date
- 2023-10-11
- Listing Contract Date
- 2023-10-09
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 4565217.39
- List Price/SqFt
- 357.95
- Sold Price/Acre
- 4115942.03
- Sold Price/SqFt
- 322.73
- SP/LP
- 0.9
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Downtown
Interior
- Bedrooms Total
- 5
- Bathrooms Total
- 6
- Bathrooms Full
- 5
- Bathrooms Half
- Yes
- Living Area
- 4400
More Information
Parking Information
- Parking Total
- 10
Building
- Year Built
- 9999
Lot
- Lot Size Acres
- 0.345
- Lot Size Square Feet
- 15013
Remarks
- Public Remarks
- Investment Opportunity in Downtown Lexington! Located on High Street and Madison Place, directly across from the Town Branch Park, currently under construction, estimated completion June 2025. Three parcels consisting of 724 West High (incredible carriage house with 2 car garage and office/residence on 2nd level), 300 Madison Place (historic tri-plex with great short term rental history) and 304 Madison Place -(an adjoining vacant lot). Endless possibilities exist. Make this your Forever Estate - architectural plans are attached! Or maintain it's current use as rental property and construct an additional building on the vacant lot at 304 Madison Place. Conveniently located in historic Woodward Heights, steps away from Central Bank Center/Rupp Arena, the central Business District and local shopping/restaurants!
Showing Information
- Showing Instructions
- Call Becky Reinhold 859.338.1838
Tax & Legal
- Zoning Description
- R-2 with H-1 Overlay
Association/Community
- Number Of Buildings
- 2
- Number Of Units Total
- 4
Structure Type
- Triplex
- Yes
- Other
- Yes
Documents
- Sellers Disclosure Of Property Condition
- Yes
Property Features
Structure Type:
Triplex; Other
Documents:
Sellers Disclosure Of Property Condition
Listing Office:
Bluegrass Sotheby's International Realty
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.