NOT LISTED FOR SALE
2 Beds
2 Baths
1,822 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: August 30, 2024

Last sale price $235,000 $129 Per Sq Ft

131 Days on Market

About This Home

As of August 2024

Explore a prime investment opportunity in the heart of downtown Lexington - an income - producing Tri-Plex with a long-term rental history and lucrative returns. Strategically located, this property features three upgraded units, offering residents comfort while ensuring a steady stream of income. With its prime location and strong rental market, this Income Producing Tri-Plex is an attractive addition to your real estate portfolio. Three units total and each unit has 1 bedroom and 1 bathroom. Buyer to Verify Sqft. One unit has 6 months left on lease, one other unit has 7 months left on lease and upstairs unit is vacant. New roof 2024.

Last Agent to Sell the Property

Han Fan

Nexian Realty Listed on: 02/15/2024

Last Buyer's Agent

Paul Hope

Plum Tree Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property

Schools

  • William Wells Brown Elementary School
  • Lexington Trad Middle School
  • Frederick Douglass High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15503900

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Triplex
  • Structure Type: Triplex
  • Year Built: 1959
  • New Construction: No
  • Roof:Composition: Yes
  • Lot: Lot Size Acres: 0.11
  • Lot: Lot Size Square Feet: 4792.0
  • Tax Legal: Elementary School: William Wells Brown
  • Tax Legal: Middle Or Junior School: Lexington Trad
  • Tax Legal: High School: Frederick Douglass
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Building: Stories Total: 2
  • Structure Type: Triplex: Yes
  • AssociationCommunity: Number Of Units Total: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • LivingArea: 1822.0
  • Lot Size Area: 0.11
  • Total Stories: 2

Exterior Features

  • Roof: Composition
  • List Price: 240000.0

Garage/Parking

  • Total Parking Spaces: 5.0
  • Parking Information: Parking Total: 5.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating:Forced Air: Yes
  • Utilities: Heating YN: Yes
  • Heating: Natural Gas: Yes
  • Heating: Electric: Yes
  • Utilities: Electricity Available: Yes
  • Utilities: Water Available: Yes
  • Utilities: Natural Gas Available: Yes
  • Utilities: Sewer Available: Yes

Schools

  • Elementary School: William Wells Brown
  • High School: Frederick Douglass
  • Middle or Junior School: Lexington Trad

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792.0
  • Parcel Number: 15503900
  • Zoning Description: R-3

Multi Family

  • Number of Units Total: 3
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $235,000 -2.1% $129 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $240,000 -2.0% $132 / Sq Ft
03/28/2024 03/28/24 Price Changed $245,000 -2.0% $134 / Sq Ft
02/15/2024 02/15/24 For Sale $250,000 +281.7% $137 / Sq Ft
10/01/2018 10/01/18 Sold $65,500 0.0% $65 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $65,500 -- $65 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,906 $235,000 $0 $0
2024 $810 $65,500 $0 $0
2023 $810 $65,500 $0 $0
2022 $837 $65,500 $0 $0
2021 $837 $65,500 $0 $0
2020 $837 $65,500 $0 $0
2019 $837 $65,500 $0 $0
2018 $926 $72,500 $0 $0
2017 $883 $72,500 $0 $0
2015 $811 $72,500 $0 $0
2014 $811 $72,500 $0 $0
2012 $811 $72,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24002522

ImagineMLS (Bluegrass REALTORS®)
Your Personal Tour Guide

Ask me questions while you tour the home.