Lexington, KY Homes for Sale under $200,000

Quaint starter home or investment property. Home has 1 bedroom, 2 small bonus rooms are long and narrow suitable for office space, storage or bunk beds. Completely fenced front and back with a sliding gate in the back. Large concrete slab in the back that can be used for parking or for a patio area. Home is heated and cooled with split hvac systems.

Cynthia Hubbard RE/MAX Creative Realty

Motivated sellers ready to make a deal on this fantastic investment opportunity? This charming townhome is perfect for investors offering a great opportunity to step right into ownership with a steady income. Inside you'll love the beautiful wood flooring throughout the home, with tile in the bathrooms and kitchen. Enjoy a stylish walk-in shower, and step outside to your fenced patio that opens

Quanisha Gilmore Commonwealth Real Estate Professionals

Investment opportunity in downtown Lexington! This home offers consistent rental income with a history of minimal vacancy, making it an attractive option for investors seeking immediate cash flow. Conveniently located near dining, parks, and public transit, the property delivers a strong combination of value, accessibility, and long-term potential.

W Paul Sabourin The Local Agents

Don't miss the opportunity to own this income producing, recent remodel! Four beds, beautiful new Kitchen, stainless appliances, all new vinyl flooring throughout, large backyard and off street parking! Conveniently located close to downtown Lexington!

Karen A Smith Silks Realty Group

Opportunity for homeowners and investors alike. Well established, quiet and welcoming, this condo offers privacy as well as convenience, shopping, dining, main roads and entertainment are all within walking distance or just a short drive away. You won't want to miss out on this opportunity, Call today for your private showing.

Robin Morgan Keller Williams Commonwealth

Open House scheduled for Sunday, May 17th by appointment only. Reserve your time slot. Experience the height of luxury at downtown's most prestigious address 101 South Hanover Avenue. This upscale residence offers a lifestyle of security and sophistication, beginning with an extravagant secure entry monitored week days by a doorman and featuring two elegant recreation areas perfect for enjoying

Cathy Cornett-Wilson Rector Hayden Realtors

Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

Sharon Allen CENTURY 21 Advantage Realty

New Roof as of March 2025! This updated and freshly painted unit in the Woodhill area offers hardwood bamboo floors in the living areas and bedrooms with vinyl in both bathrooms. The kitchen features a smooth top range and side by side refrigerator. There is a small fenced backyard that opens to community green space with a playground and basketball court.

Brian Raisler Mayca Property Solutions

With fresh paint and new flooring throughout, this updated unit in the Woodhill area offers a great floorplan with a large bedroom at the front of the upstairs and two good size bedrooms at the rear. Newly installed luxury vinyl plank flooring throughout the townhome makes for easy upkeep. There is a small fenced backyard that opens to community green space with a playground and basketball court.

Brian Raisler Mayca Property Solutions

Attention investors and house hackers: Updated Downtown Lexington duplex with both units vacant, ready for you to place your own tenants. This investment property features one-bedroom, one-bathroom layout on each side. An excellent opportunity for steady rental income.

Iris Todd Bluegrass Property Exchange

Turnkey investment producing $1,500/month, with expansion potential—up to 4 additional properties can be added to maximize cash flow.

Sharon Allen CENTURY 21 Advantage Realty

Turnkey investment opportunity producing $1,500/month in rental income. Ideal for investors seeking immediate cash flow. up to 4 additional properties can be added to maximize cash flow.

Sharon Allen CENTURY 21 Advantage Realty

Great investment opportunity! This residential income property offers strong potential for future monthly cash flow. Currently vacant, allowing the new owner to set market rents and maximize returns. Contact the listing agent to schedule a showing.

Sharon Allen CENTURY 21 Advantage Realty

Absolute Auction Live On-Site Saturday, June 6th at 11:00 am Sharp. Doors will open at 10:00 am for final preview. Selling to the Highest Bidder Regardless of Listing Price. Estate Property-Contracted to Sell at Absolute Auction Only. Offers Prior to Auction Will Not Be Entertained. Please visit www.bluegrassauction.com for Registration Forms & Complete Terms & Conditions. This beautifully

Tanya McKee Bluegrass Auction, Appraisal & Realty, LLC

This nicely remodeled end unit in the Woodhill area offers hardwood bamboo floors in the living areas and bedrooms with ceramic tile in the kitchen and bathrooms. The kitchen features ceramic tile counters, a dishwasher, and washer/dryer hookups. The full bath upstairs has a ceramic tile surround. All three bedrooms are upstairs. The Woodhill Townhome Association maintains all common areas

Brian Raisler Mayca Property Solutions

Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

Sharon Allen CENTURY 21 Advantage Realty

Turnkey investment opportunity producing $1,500/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

Sharon Allen CENTURY 21 Advantage Realty

Why rent when you can own for less. Please give 2 hour notice for tenant approval. Tenant would like to stay if buying as an investment. Please do not let cat out. Property sold as is inspections welcome. Owner has never occupied. Call today for your private showing

Kevin Mangold Goshen Real Estate, LLC

Absolute Auction Live On-Site Saturday, June 6th at 9:00 am Sharp. Doors will open at 8:00 am for final preview. Selling to the Highest Bidder Regardless of Listing Price. Estate Property-Contracted to Sell at Absolute Auction Only. Offers Prior to Auction Will Not Be Entertained. Please Visit www.bluegrassauction.com for Registration Form & Complete Terms & Conditions. This Generous .294 Acre

Tanya McKee Bluegrass Auction, Appraisal & Realty, LLC

Why rent when you can own for less. Call today it won't last. All utilities included in HOA. Tenants work nights showings between 5pm to 9pm

Kevin Mangold Goshen Real Estate, LLC

This updated unit in the Woodhill area offers one of the larger floorplans in the complex with a large bedroom at the front of the upstairs and two good size bedrooms at the rear. The kitchen features a smooth top range and plenty of cabinet space. Solid surface flooring throughout the townhome makes for easy upkeep. There is a small fenced backyard that opens to community green space with a

Brian Raisler Mayca Property Solutions

Investment Property currently rented. Great location to Downtown, New Circle, bus Line, and parks. Sold As-Is.

Carol Randolph Aloha Bluegrass Realty & Auction

Investment property currently rented. Great location with easy access to downtown, New Circle, bus line and parks. Newer furnace and water heater. Great price for income producing property. Sold As-Is.

Carol Randolph Aloha Bluegrass Realty & Auction

Fully renovated in 2025, this stylish Aintree condo offers the perfect blend of updated design, low-maintenance living, and unbeatable convenience. The bright, modern interior features hardwood flooring throughout, a completely redesigned kitchen with stainless steel appliances, updated baths, and a clean, cohesive aesthetic that feels fresh and move-in ready. The open living space is anchored by

Amy Diamond ERA Select Real Estate

This compact home is conveniently located near downtown Lexington. Warm bamboo hardwood floors throughout the living room, bedroom, and kitchen. The kitchen has white shaker style cabinets, butcher block countertops, and includes a range, refrigerator, and over the range microwave. The bathroom is finished with ceramic tile including a walk in ceramic tile shower. There is even a washer/dryer

Brian Raisler Mayca Property Solutions

Very nice condominium in an excellent location! This 2-bedroom one bath unit is in move-in ready condition. Many charming features of the unit include new appliances, dining room, laminate and tile flooring, walk out balcony, spacious closets, and much more. The unit is located at Malibu Terrace just off Nicholasville Road with close access to downtown, hospitals, and shopping. Don't miss out on

Neal Terry Trifecta Real Estate Experts

Income opportunity. Duplex 2 bed 1 bath each side. 2 car garage in back left unit. Both sides are vacant. Being sold as-is

Chris Johnson Plum Tree Realty