$279,000
SOLD APR 15, 2025

234-236 Norway St Lexington, KY 40503

Picadome Neighborhood
4 Beds
2 Baths
-- Sq Ft
8,820 Sq Ft Lot

Recently Sold

1 Day on Market

About This Home

As of April 2025

Attention Investors! This 2-bedroom, 1-bathroom duplex offers a fantastic opportunity in a prime Lexington location. Just a short walk to Lafayette High School and minutes from the University of Kentucky, it presents strong potential for cash flow. With the flexibility to generate rental income or be used as a house-hack by living in one unit while renting the other, this property is full of possibilities.

Last Agent to Sell the Property

Ivy Barksdale

Guide Realty, Inc. License #293920 Listed on: 03/14/2025

Last Buyer's Agent

Natalee Mason

The Real Estate Group License #211592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1951

Parking

  • Parking Available

Home Design

  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Picadome Elementary School
  • Morton Middle School
  • Not Applicable Middle School
  • Lafayette High School

Additional Features

  • 1-Story Property
  • 8,820 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 23405601

Community Details

Overview

  • 2 Units
  • Lafayette Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,989

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Duplex
  • Year Built: 1951
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • Location Tax Legal Info:Elementary School: Picadome
  • Location Tax Legal Info:Middle or Junior School: Morton
  • Location Tax Legal Info:High School: Lafayette
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-03-14
  • General Property Description:Lot Size Acres: 0.202
  • Structure Type:Duplex2: Yes
  • General Property Description:Number of Buildings: One
  • General Property Description:Number of Stories: One
  • Unit Info:_pound_ of Units: 2
  • Roof:Shingle2: Yes
  • Unit Info:_pound_ of Vacant Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Lot Size Area: 0.2

Exterior Features

  • Roof: Shingle
  • List Price: 279000.0

Garage/Parking

  • Parking 1 - 5 Spaces: Yes

Schools

  • Elementary School: Picadome
  • High School: Lafayette
  • Middle or Junior School: Morton

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8820.0
  • Parcel Number: 23405601
  • Zoning Description: R-1C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 15, 2025
Sold by
Alex Property Llc
Bought by
Helfry Properties Llc
Seller's Agent
Ivy Barksdale
Guide Realty, Inc.
Buyer's Agent
Natalee Mason
The Real Estate Group
List Price
$279,000
Sold Price
$279,000
Views
13
Current Estimated Value
$330,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,614
Avg. Annual Appreciation
42.54%
Original Mortgage
$195,300
Outstanding Balance
$195,300
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$112,812

Purchase Details

Listed on
Mar 14, 2025
Closed on
Feb 19, 2025
Sold by
Maloney Timothy Z and Maloney Dorothy L
Bought by
Alex Property Llc
Seller's Agent
Ivy Barksdale
Guide Realty, Inc.
Buyer's Agent
Natalee Mason
The Real Estate Group
List Price
$279,000
Sold Price
$279,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Outstanding Balance
$195,300
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$112,812
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $279,000 None Listed On Document
Deed $279,000 None Listed On Document
Deed $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,300 New Conventional
Closed $195,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $279,000 0.0% --
03/15/2025 03/15/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $279,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

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 $1,989 $162,000 $0 $0
2023 $1,989 $162,000 $0 $0
2022 $2,054 $162,000 $0 $0
2021 $2,054 $162,000 $0 $0
2020 $1,767 $139,400 $0 $0
2019 $1,767 $139,400 $0 $0
2018 $1,767 $139,400 $0 $0
2017 $1,684 $139,400 $0 $0
2015 $1,332 $120,000 $0 $0
2014 $1,332 $120,000 $0 $0
2012 $1,332 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivy Barksdale

    Seller's Agent in 2025

    Ivy Barksdale

    Guide Realty, Inc.

    (859) 361-7395

    2 in this area

    106 Total Sales

    Ivy Barksdale
    Section Image
  • Natalee Mason

    Buyer's Agent in 2025

    Natalee Mason

    The Real Estate Group

    (859) 489-7802

    6 in this area

    106 Total Sales

    Natalee Mason
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25004899

ImagineMLS (Bluegrass REALTORS®)

APN: 23405601

Kentucky Fayette County Lexington 40503 Picadome

234-236 Norway St, Lexington, KY

This home is located at 234-236 Norway St, Lexington, KY 40503 and is currently priced at $279,000. This property was built in 1951. 234-236 Norway St is a home located in Fayette County with nearby schools including Picadome Elementary School, Morton Middle School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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