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Street View
$249,900
Monthly Est:$1,244
4 Beds
2 Baths2 full baths
1,581sqft
414 Morrison Ave, Lexington, KY 40508
$249,900
$1,244/moEst:
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Duplex
Built in 1958
$-- HOA
0.13 acre lot
$158/sq.ft
Description
This offering includes both sides of the duplex at 414 and 414½ Morrison Avenue. Each unit features two bedrooms and one full bathroom. Both units are currently rented for $625 per month, providing a combined gross monthly income of $1,250. Estimated market rents in the property's current condition are approximately $1,100 to $1,300 per unit, offering significant income-growth potential. The 414 Morrison Avenue unit was updated in 2014, while the 414½ unit has not been updated and offers an opportunity for future improvements and additional value. Neither side has a lease; both tenants currently occupy on a month-to-month basis. This is a solid opportunity for an investor seeking immediate rental income with substantial upside potential near downtown Lexington.
- Houzeo last checked: 8 hours ago
- Listing updated: August 6, 2026 at 7:47 pm
- Listing Provided by: Cole T Guthrie (859) 494-2336 | Belmont Realty Group (859) 494-2336
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26021218
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
1,581 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26021218
MLS Status
Active
Days on Market
64
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Cooling
Central Air
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1958
Home type
Duplex
Roof
Composition, Shingle
Utilities & Energy
Laundry Features
Main Level
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Parking Features
On Street, On Site, Open, Paved
Other Features
Subdivision Name
Downtown
Price History
| Date | Event | Price |
|---|---|---|
08/06/2026 Source: | Listed for Sale | $249,900 $158/sqft |
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Based on information from the IMAGINE MLS® through Oct 09, 2026, 02:30PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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