$426,000

1028 W Lexington Ave Winchester, KY 40391

Estimated payment $2,457/month

Total Views 3,518
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

1028 W Lexington Ave, Winchester, KY 40391
Investor's dream in the heart of Winchester! This 11⁄2-story property features four rental units, offering a great mix of layouts to appeal to a variety of tenants. The main unit includes 2 bedrooms and 1 bathroom, while the remaining three units each offer 1 bedroom and 1 bathroom, providing consistent rental income potential. With its established rental history and convenient location near shopping, dining, and downtown, this property is a solid addition to any portfolio.

Don't miss your chance to own a multi-unit investment property in a growing market—schedule your showing today!

Listing Agent

David Espinosa

Bluegrass Realty Pros, Inc License #285789 Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fannie Bush Elementary School

Community Details

  • 4 Units
  • Fairfield Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043-3023-002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Location Tax Legal Info:Elementary School: Fannie Bush(Legacy)
  • Contract Info:On Market Date: 2025-08-08
  • General Property Description:Lot Size Acres: 0.18
  • General Property Description:Number of Buildings: One
  • General Property Description:Number of Stories: 1 1/2
  • Unit Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Lot Size Area: 0.18

Exterior Features

  • List Price: 426000.0

Schools

  • Elementary School: Fannie Bush(Legacy)

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841.0
  • Parcel Number: 043-3023-002-00
  • Zoning Description: B-3

Multi Family

  • Number of Units Total: 4

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,500 $150,000 $60,000 $90,000
2023 $1,469 $150,000 $0 $0
2022 $783 $120,000 $0 $0
2021 $781 $120,000 $0 $0
2020 $794 $120,000 $0 $0
2019 $798 $120,000 $0 $0
2018 $1,001 $140,000 $0 $0
2017 $1,005 $140,000 $0 $0
2016 $151 $140,000 $0 $0
2015 $991 $140,000 $0 $0
2013 -- $104,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $426,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $321,000 --
Deed $140,000 --
Source: Public Records

Similar Home in Winchester, KY

  • 101 E Lexington Ave, Winchester, KY 40391

    $388,000

    • 5 Beds
    • 3 Baths
    • 2,762 Sq Ft
    • 101 E Lexington Ave
    • Winchester, KY

    Here's your chance to own a nice investment property. This triplex has a 2 bed 1 bath unit, 2 bed 1 bath unit, and a 1 bed 1 bath unit. This property is part of a larger portfolio and you can mix and match properties to your liking. Reach out for the full list of properties. Do NOT disturb tenants.

    David Espinosa Bluegrass Realty Pros, Inc

    Section Image

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25017449

ImagineMLS (Bluegrass REALTORS®)

APN: 043-3023-00200