NOT LISTED FOR SALE

148 E Fourth St Lexington, KY 40508

North Limestone Neighborhood

Estimated Value: $351,000 - $673,312

4 Beds
2 Baths
2,576 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $326,000 $127 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,834/month

28 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Duncan Park
  • Frederick Douglass High School Rated A-

About This Home

As of January 2022

Investment opportunity! Historic building renovated in 2006-2007 and recipient of Historic Preservation Award. Duplex, upstairs and downstairs units. Each approx 1,200 sq feet with 2 bedrooms and 1 full bath. Nice finishes in bathrooms and kitchens. Washer/dryer hook ups. Icynene spray foam insulation, tall ceilings, updated electric and plumbing (2006), solid wood insulated windows, restored hardwood floors (2006), granite tops. More recently, new appliances in upstairs unit (2021)- electric range, dishwasher, refrigerator, and new HVAC system. Basement for storage. Off street parking. Close to downtown attractions! Currently there is a month to month tenant and longer term lease. Rents below market value. Property is being sold AS-IS.

Last Agent to Sell the Property

Dan Elkinson

The Brokerage Listed on: 11/05/2021

Last Buyer's Agent

Dan Elkinson

The Brokerage Listed on: 11/05/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Paved Parking
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 99000420

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • Vacancy Allowance $100
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1890
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2576.0
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 377000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Open, Paved
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Lot Info

  • Parcel Number: 99000420
  • Zoning Description: R4

Multi Family

  • Number of Units Total: 2
  • Vacancy Allowance Rate: 100.0

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $326,000 -13.5% $127 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $377,000 -- $146 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $4,237 $342,600 $0 $0
2024 $4,237 $342,600 $0 $0
2023 $4,031 $326,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dan Elkinson

    The Brokerage

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20123994

ImagineMLS (Bluegrass REALTORS®)

APN: 38293270

Kentucky Fayette County Lexington 40508 North Limestone

148 E Fourth St, Lexington, KY

Not Listed for Sale

MultiFamily

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