$765,000
- 4 Beds
- 2 Baths
- 3,200 Sq Ft
222 Desha Rd, Lexington, KY 40502
Lindsay Barsotti ERA Select Real Estate
$765,000
222 Desha Rd, Lexington, KY 40502
Lindsay Barsotti ERA Select Real Estate
$499,900
711 W Maxwell St, Lexington, KY 40508
Joshua Lynch The Brokerage
$599,900
1100-1102 Tates Creek Rd, Lexington, KY 40502
Will Campbell Ben H Campbell Appraiser, Inc
$315,000
3617 Appian Way, Lexington, KY 40517
Iris Todd Bluegrass Property Exchange
$685,000
616 Bellaire Ave, Lexington, KY 40508
David Espinosa Bluegrass Realty Pros, Inc
$1,679,300
1145 Appian Crossing Way Unit 1201-1207, Lexington, KY 40517
Philip Wood Keller Williams Bluegrass Realty
$750,000
1921 Oxford Cir, Lexington, KY 40504
Ann Wesley Assurance Realty & Property Management
$385,000
394 Bassett Ave, Lexington, KY 40502
Brandon Hedinger Keller Williams Bluegrass Realty
$499,000
321 Clay Ave, Lexington, KY 40502
Adam Rankin Kentucky Real Estate Group
$385,000
112-114 Greenbriar Rd, Lexington, KY 40503
John Sanders Rector Hayden Realtors
$810,000
108 Cochran Rd, Lexington, KY 40502
Dustin Haulk 1 Percent Lists Purple Door
$195,000
430 Morgan Ave, Lexington, KY 40505
Sarah May Mayca Property Solutions
$599,900
419 Douglas Ave, Lexington, KY 40508
Lindsay Barsotti ERA Select Real Estate
$210,000
1417 Edgelawn Ave, Lexington, KY 40505
Michael Kiefer Riesig Realty
Known as the Horse Capital of the World, Lexington captivates residents with its prestigious Keeneland Race Course, which hosts thrilling thoroughbred racing during Spring and Fall meets. The Kentucky Horse Park stands as a working horse farm where visitors experience diverse horse breeds and demonstrations. Beyond equestrian attractions, the city features cultural landmarks like the historic Lexington Opera House and the Mary Todd Lincoln House. The dining scene includes upscale establishments such as Jeff Ruby's Steakhouse, featuring a grand piano stage, and farm-to-table restaurants like Honeywood.
The Lexington housing market presents diverse options across price points. The median sale price for homes sits at $332,500. Single family homes have a median price of $356,000, while townhomes have a median price of $286,000. One-bedroom condos start at a median price of $178,000, and two-bedroom condos have a median price of $254,800. Luxury neighborhoods like Ashland Park command a median single family home price of $826,500, while areas like Meadowthorpe maintain a median single family home price of $335,600.
Lexington's cost of living registers 8% below the national average. A family with children ages 6 to 17 needs $97,000 annually to live comfortably, while renters require $52,000. The property tax rate in Fayette County is 0.89%, comparing favorably to Cincinnati's Hamilton County rate of 1.53%. Kentucky maintains a 6% state sales tax with no additional local tax.
The University of Kentucky anchors the education system, complemented by highly rated schools like Paul Laurence Dunbar High School and Sayre School, both earning A ratings. The city's 100 plus parks include the Arboretum and Raven Run Nature Sanctuary, which features historic mill ruins along its hiking trails. Residents enjoy a reasonable commute, with most major attractions accessible within 15 minutes from downtown via personal vehicle or the Lextran public bus system.
On average, homes in Lexington, KY sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in Lexington, KY over the last 12 months is $433,387, up 1% from the median home sale price over the previous 12 months.
In Lexington, there are currently 14 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $195,000 to $1,679,300, there's a range to accomodate every budget. As of August, 2025 the median home price in Lexington is $459,900, while the average sale price is $536,974, offering insights into the local housing market. On average, multi-family homes spend 45 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lexington, KY.