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Waller Place

Waller Place

Waller Place
Condominium Building
342 Waller Ave
Lexington, KY 40504
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

84 Units
8 Stories
1969 Year Built
$107K - $141K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Community Pool
  • Morton Middle School Rated A
  • Elevator
  • Laundry Facilities

Functional Living in Central Lexington

Waller Place is an eight-story condominium building located in the heart of Lexington, Kentucky. Constructed in 1969, this building features 84 units and offers a practical living solution for those seeking proximity to key city amenities. The building's design is straightforward, with a brick facade that emphasizes functionality over ornate architectural details. Its central location makes it an attractive option for students, professionals, and families alike.

Diverse Layouts with Modern Updates

Waller Place offers a variety of floor plans to suit different needs, ranging from studios to two-bedroom units. Studio units vary in size from 359 to 648 square feet and typically feature one bathroom. One-bedroom units range from 598 to 648 square feet and include one bathroom, with sale prices between $91,749 and $114,033.25. Two-bedroom units are the largest, spanning 843 to 900 square feet, and come with one and a half to two bathrooms, with rents around $1,200 per month. Many units have been updated with modern amenities such as granite countertops, stainless steel appliances, and custom cabinetry. Laminate and wood-look LVT flooring are common, providing a contemporary feel. Walk-in closets with custom shelving and updated bathroom fixtures add to the appeal.

Essential Amenities for Comfortable Living

Residents of Waller Place benefit from a range of shared amenities designed to enhance daily living. The building features a private swimming pool with a lounging deck, perfect for relaxation during the warmer months. Two laundry facilities are conveniently located on the second and third floors, ensuring easy access for all residents. The building is equipped with elevators, making it accessible for everyone, including those on higher floors. Security is a priority, with a keyed entrance and secured entry points to ensure resident safety. Additional amenities include central air conditioning and heating, which are covered by the HOA fees, along with water, sewer, and trash services. These features collectively contribute to a comfortable and secure living environment.

Vibrant Community with Diverse Offerings

Located in the Picadome neighborhood, Waller Place is surrounded by a mix of residential and commercial areas that offer a balanced lifestyle. Southland Drive, a historic shopping destination, is nearby and features a variety of specialty retailers, including Good Foods Co-Op and the Habitat for Humanity ReStore. Dining options are plentiful, with establishments like Marikka’s Restaurant & Bier Stube, PieTana, and Winchell’s Restaurant offering diverse culinary experiences. The neighborhood also hosts the Tahlsound concert series from April to September, providing live music and local vendors. For year-round entertainment, Southland Lanes offers bowling, and the Rackhouse Tavern showcases Kentucky acts on weekends. Educational institutions such as Picadome Elementary School, Morton Middle School, and Lafayette High School are well-regarded, making the area suitable for families. Parks like Southland Park and Elizabeth Street Park provide outdoor recreation opportunities, while the Gay Brewer, Jr. Course at Picadome offers a premier golfing experience. The Arboretum State Botanical Garden of Kentucky is also just a short drive away, featuring six dedicated gardens.

Accessible Transit and Convenient Commutes

Waller Place is well-connected to various transportation options, making it easy for residents to navigate Lexington and beyond. The building is situated near major thoroughfares such as US-68/Harrodsburg Road and US-27/Nicholasville Road, providing quick access to downtown Lexington, which is just three miles away. Lextran bus stops are conveniently located along Harrodsburg Road, Rosemont Garden, and Southland Drive, offering routes that connect to key areas including the University of Kentucky campus and local hospitals. Specific bus stops like Nicholasville & Forest Park and Ag North are within a 10-minute walk, serving multiple transit lines. For those who travel frequently, Blue Grass Airport is approximately 15 minutes away by car. The building also offers off-street parking, adding to the convenience for residents with vehicles.

Building Details

Recreation

  • Community Pool

Amenities

  • Laundry Facilities

Building Design

  • Elevator

Activity

Views

29

Unit Information

Unit
1F
2A
2B
2C
2D
2E
2F
2G
2H
Beds
Studio
Studio
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
2 Beds
2 Beds
2 Beds
Baths
--
--
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
2 Baths
2 Baths
2 Baths
Sq Ft
5,036
--
600
600
636
622
648
872
892
843
Status
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Price
--
--
--
--
--
--
--
--
--
--
Estimated Value
--
--
$114,633
$109,214
$115,689
$113,572
$116,188
$128,525
$132,547
$134,482

Unit Size and Value Ranges

Studio Units
Sq Ft Range
598 - 5,036
Est. Values
$111,630 - $129,000
1 Bedroom Units
Sq Ft Range
598 - 648
Est. Values
$106,810 - $132,982
2 Bedroom Units
Sq Ft Range
843 - 900
Est. Values
$121,662 - $141,323
All Units
Sq Ft Range
598 - 5,036
Est. Values
$106,810 - $141,323

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Very Bikeable

Bike Score®

73 / 100

Somewhat Walkable

Walk Score®

65 / 100

Excellent Transit

Transit Score®

71 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

75 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$31.1K - $116K
Range of Taxes in Building
$168 - $1,434
Range of Taxes per Sq Ft
$0.21 - $2.29

Property Tax History

Source: Public Records

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Building Team

Property Management
Waller Place
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