400-402 N Limestone, Lexington, KY 40508
$1,000,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
5
Square Footage:
4,735
Lot Size (sq. ft.):
5,227
Status:
Pending
Current Price:
$1,000,000
List Date:
4/03/2026
Last Modified:
5/27/2026
Listing Details MLS# 26007015
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Triplex
Status Change Information
- Status Change Timestamp
- 2026-04-27
- Purchase Contract Date
- 2026-04-24
Address
- County
- Fayette
- Street Number
- 400-402
- Street Direction Prefix
- N
- Street Name
- Limestone
- State
- KY
- Zip Code
- 40508
- Directions
- Nicholasville Rd to Limestone. Past Lexington Traditional Middle School. Corner of N Limestone & Fourth Street.
- Parcel Number
- 16603250
Contract
- Original List Price
- 1000000
- Start Showing Date
- 2026-04-03
- Listing Contract Date
- 2026-03-31
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/Acre
- 8333333.33
- List Price/SqFt
- 211.19
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Downtown
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 6
- Bathrooms Total
- 5
- Bathrooms Full
- 5
- Living Area
- 4735
- Living Area Source
- Public Records
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 8
Building
- Year Built
- 1890
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.12
- Lot Size Square Feet
- 5227.2
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
Remarks
- Public Remarks
- Great Investment Opportunity in the Heart of Downtown- positioned in a prime downtown location, this versatile property offers incredible potential for investors. Currently configured with four residential units zoned R-4, one commercial space zoned B-1, and 6 off street parking spots and 2 car garage, this asset provides immediate income with strong upside for future development. Situated within walking distance to the courthouse, Transylvania University, Sayre School, lots of restaurants, and the vibrant downtown scene, the location is ideal for both residential and commercial tenants seeking convenience and accessibility. The property also features valuable off street parking, a rare and highly desirable amenity in a downtown setting. A great strategic long term hold in a high demand area, this is a unique opportunity worth exploring. Salon: $1290 per month leased until 2027 2 bedroom up $1600 per month (until June 2026) 1 bedroom up $1600 per month (month to month) 1 bedroom down $1600 per month (month to month) efficiency $1100 per month
Building and Property Details
- Age of Roof
- 9999
Tax & Legal
- Elementary School
- William Wells Brown
- Middle Or Junior School
- Lexington Trad
- High School
- Frederick Douglass
- Tax Rate
- 1.2638
- Zoning
- Other
- Zoning Description
- R-4, B-1
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 3
Cooling
- Central Air
- Yes
Heating
- Forced Air
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Parking Features
- Enclosed
- Yes
- On Site
- Yes
Possession
- Rental Agreement
- Yes
Structure Type
- Multi Family
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Electricity Connected; Sewer Connected
Cooling:
Central Air
Heating:
Forced Air
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Parking Features:
Enclosed; On Site
Possession:
Rental Agreement
Structure Type:
Multi Family
Showing Requirements:
Call Listing Agent
Sellers Disclosure Of Property Condition ›
Listing Office:
Turf Town Properties
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.