742 Bellaire Avenue, Lexington, KY 40508

$480,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,486 Lot Size (sq. ft.): 7,120 Status: Active
Current Price: $480,000 List Date: 5/23/2026 Last Modified: 5/28/2026

Overview

Description

42 Bellaire Ave is a contemporary duplex offering strong income potential and exceptional flexibility in one of Lexington's most desirable urban neighborhoods. Recently built and located just steps from the Legacy Trail, West Sixth Brewing, County Club, downtown attractions, and close to Transylvania University, this property has proven appeal for visitors, traveling professionals, and students alike. Currently configured as a 3-bedroom duplex, the property also presents the potential to convert the lower level into two additional units — a 1-bedroom and a studio — creating a possible triplex setup for increased cash flow. Ideal for long-term rentals, house hacking, or Furnished Finder opportunities. Furniture is negotiable, offering added value for investors seeking a turnkey rental opportunity. Rooftop views and striking architectural design immediately set this property apart. The second-floor terrace provides generous outdoor living space perfect for entertaining or relaxing ...

Listing Details MLS# 26011816

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Status Change Timestamp
2026-05-23

Address

County
Fayette
Street Number
742
Street Name
Bellaire
Street Suffix
Avenue
State
KY
Zip Code
40508
Directions
Directions: Heading north on N. Broadway, turn left on W. 6th St. Turn right on Bellaire Ave. Property is at end of street on the right. There is no sign in the yard. Latitude: 38.061351 Longitude: -84.488508
Parcel Number
15822200
Tax District
District 01

Contract

Original List Price
480000
Start Showing Date
2026-05-23
Listing Contract Date
2026-05-23
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Occupant Name
Of Record
Office Exclusive YN
No
List Price/SqFt
323.01

Tax Legal

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

Interior

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
1486
Living Area
1486
Living Area Source
Public Records
Basement YN
No
Fireplace YN
No
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
2021
Home Warranty YN
No
Accessibility Features YN
No

Lot

Lot Size Source
Public Records
Lot Size Acres
0.163
Lot Size Square Feet
7120
Pool Private YN
No
View YN
Yes
Waterfront YN
No
Water Body Access YN
No
Horse YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
42 Bellaire Ave is a contemporary duplex offering strong income potential and exceptional flexibility in one of Lexington's most desirable urban neighborhoods. Recently built and located just steps from the Legacy Trail, West Sixth Brewing, County Club, downtown attractions, and close to Transylvania University, this property has proven appeal for visitors, traveling professionals, and students alike. Currently configured as a 3-bedroom duplex, the property also presents the potential to convert the lower level into two additional units — a 1-bedroom and a studio — creating a possible triplex setup for increased cash flow. Ideal for long-term rentals, house hacking, or Furnished Finder opportunities. Furniture is negotiable, offering added value for investors seeking a turnkey rental opportunity. Rooftop views and striking architectural design immediately set this property apart. The second-floor terrace provides generous outdoor living space perfect for entertaining or relaxing under the evening sky. Inside, you'll find high-end construction quality throughout with sleek modern finishes, thoughtful design, soaring 10-foot ceilings, and abundant natural light creating an open, airy feel in each unit. Modern conveniences including tankless water heaters add comfort and efficiency, while ample off-street parking is available in the rear.

Amenity Fee Details

Amenity Fee YN
No

Showing Information

Showing Instructions
Use SHowing time

Room Types

Kitchen Level
First
Primary Bedroom Level
First
Kitchen
Yes
Primary Bedroom
Yes

Currently Not Used

List Price/Acre
2944785.28

Tax & Legal

Elementary School
Harrison
Middle Or Junior School
Lexington Trad
High School
Lafayette
Tax Rate
1.2643
Inside New Circle Road YN
Yes

Association/Community

Association YN
No

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Architectural Style

Contemporary
Yes

Construction Materials

Other
Yes

Cooling

Heat Pump
Yes

Exterior Features

Fire Pit
Yes

Fencing

Privacy
Yes
Wood
Yes

Flooring

Concrete
Yes
Vinyl
Yes

Foundation Details

Slab
Yes

Heating

Heat Pump
Yes

Interior Features

Breakfast Bar
Yes
Eat-in Kitchen
Yes
Primary First Floor
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Parking Features

Off Street
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Possession

Close Of Escrow
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Structure Type

Multi Family
Yes

View

Other
Yes

Water Heater

Tankless
Yes

Water Source

Public
Yes

Window Features

Blinds
Yes
Insulated Windows
Yes

Showing Requirements

Showing Service
Yes

Property Features

Appliances: Dishwasher; Microwave; Range; Refrigerator Architectural Style: Contemporary Construction Materials: Other Cooling: Heat Pump Exterior Features: Fire Pit Fencing: Privacy; Wood Flooring: Concrete; Vinyl Foundation Details: Slab Heating: Heat Pump Interior Features: Breakfast Bar; Eat-in Kitchen; Primary First Floor Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Parking Features: Off Street Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Roof: Membrane Sewer: Public Sewer Structure Type: Multi Family View: Other Water Heater: Tankless Water Source: Public Window Features: Blinds; Insulated Windows Showing Requirements: Showing Service Room Types: Kitchen; Primary Bedroom

Room Information

Room Name Level
Primary Bedroom First
Kitchen First
Listing Office: Redfin
Last Updated: May - 28 - 2026
Information deemed reliable but not guaranteed.