322 W 3rd Street, Lexington, KY 40508 (MLS# 26011135)

322 W 3rd Street, Lexington, KY 40508

$725,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,525 Lot Size (sq. ft.): 2,760 Status: Active

Current Price: $725,000 List Date: 5/17/2026 Last Modified: 5/17/2026

Overview

Description

Historic Thomas January office renovated and rebuilt from foundation up offers modern amenities including tankless water heater, marble kitchen and bathrooms, new heat and air, plumbing, electrical, appliances and salvaged hardwood floors. Property is income producing as Airbnb and VRBO but could be used as single family dwelling. House includes a charming and private courtyard with neighboring Gratz Park and Transylvania University close by. Walking distance to restaurants, Opera House, Rupp Arena, and all downtown has to offer. Three designated parking spaces behind the house and on street parking in front of the house. Opportunity to own one of Lexinton's most unique properties. House being sold AS IS. Inspections welcome.

Listing Details MLS# 26011135

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2026-05-17

Address

County: Fayette
Street Number: 322
Street Direction Prefix: W
Street Name: 3rd
Street Suffix: Street
State: KY
Zip Code: 40508
Directions: Broadway from downtown then right on W Third. House is first house on right.
Parcel Number: 12939000
Tax District: Yes

Contract

Original List Price: 725000
Start Showing Date: 2026-05-16
Listing Contract Date: 2026-05-16
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 475.41

Tax Legal

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

Interior

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1525
Living Area: 1525
Living Area Source: Appraiser
Basement YN: No
Fireplace YN: Yes
Fireplaces Total: 3
Bathrooms Half: 0
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: No
Carport YN: No

Building

Year Built: 1805
Home Warranty YN: No
Accessibility Features YN: Yes

Lot

Lot Size Source: Appraiser
Lot Size Acres: 0.0634
Lot Size Square Feet: 2760
Pool Private YN: No
View YN: No
Waterfront YN: No
Water Body Access YN: No
Horse YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Water Connected: Yes

Remarks

Public Remarks: Historic Thomas January office renovated and rebuilt from foundation up offers modern amenities including tankless water heater, marble kitchen and bathrooms, new heat and air, plumbing, electrical, appliances and salvaged hardwood floors. Property is income producing as Airbnb and VRBO but could be used as single family dwelling. House includes a charming and private courtyard with neighboring Gratz Park and Transylvania University close by. Walking distance to restaurants, Opera House, Rupp Arena, and all downtown has to offer. Three designated parking spaces behind the house and on street parking in front of the house. Opportunity to own one of Lexinton's most unique properties. House being sold AS IS. Inspections welcome.

Amenity Fee Details

Amenity Fee YN: No

Showing Information

Showing Instructions: Call listing Agent to show. Janie Pappas 895-361-2779

Room Types

Bathroom 1 Level: First
Bathroom 2 Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Kitchen Level: First
Living Room Level: First
Primary Bedroom Level: First
Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Currently Not Used

List Price/Acre: 11435331.23

Tax & Legal

Elementary School: Harrison
Middle Or Junior School: Lexington Trad
High School: Lafayette
Tax Rate: 1.01
Design Review District YN: Yes
Inside New Circle Road YN: Yes

Association/Community

Association YN: No

Accessibility Features

Accessible Bedroom: Yes
Accessible Central Living Area: Yes
Accessible Common Area: Yes
Accessible Doors: Yes
Accessible Entrance: Yes
Accessible Full Bath: Yes
Accessible Kitchen: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Colonial: Yes

Basement

Crawl Space: Yes

Community Features

Park: Yes

Construction Materials

HardiPlank Type: Yes
Solid Masonry: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Exterior Features

Garden: Yes
Outdoor Grill: Yes

Fencing

Partial: Yes

Fireplace Features

Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Flooring

Hardwood: Yes
Marble: Yes

Foundation Details

Block: Yes
Stone: Yes

Heating

Forced Air: Yes
Heat Pump: Yes

Interior Features

Eat-in Kitchen: Yes
Primary First Floor: Yes

Laundry Features

Common Area: Yes

Levels

One and One Half: Yes

Lot Features

Few Trees: Yes

Parking Features

Driveway: Yes
Off Street: Yes

Patio And Porch Details

Side Patio: Yes

Patio And Porch Features

Patio: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

Water Heater

Tankless: Yes

Water Source

Public: Yes

Window Features

Blinds: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Available; Water Connected; Cable Available; Electricity Connected; Natural Gas Available; Water Connected Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Kitchen Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Washer Architectural Style: Colonial Basement: Crawl Space Community Features: Park Construction Materials: HardiPlank Type; Solid Masonry Cooling: Central Air; Heat Pump Exterior Features: Garden; Outdoor Grill Fencing: Partial Fireplace Features: Kitchen; Living Room; Primary Bedroom Flooring: Hardwood; Marble Foundation Details: Block; Stone Heating: Forced Air; Heat Pump Interior Features: Eat-in Kitchen; Primary First Floor Laundry Features: Common Area Levels: One and One Half Lot Features: Few Trees Parking Features: Driveway; Off Street Patio And Porch Details: Side Patio Patio And Porch Features: Patio Possession: Close Of Escrow Roof: Dimensional Style Sewer: Public Sewer Structure Type: House Water Heater: Tankless Water Source: Public Window Features: Blinds Showing Requirements: Call Listing Agent Room Types: Bathroom 1; Bathroom 2; Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom

Room Information

Room Name	Level
Primary Bedroom	First
Kitchen	First
Living Room	First
Bathroom 1	First
Bathroom 2	Second
Bedroom 2	Second
Bedroom 3	Second

Documents

Sellers Disclosure Of Property Condition ›

Listing Office: Keller Williams Bluegrass Realty

Last Updated: May - 17 - 2026

Information deemed reliable but not guaranteed.