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Homes for sale in Lexington, KY | 509 W 3Rd St, Lexington, KY 40508 | MLS# 26007853
Homes for sale in Lexington, KY | 509 W 3Rd St, Lexington, KY 40508 | MLS# 26007853
Homes for sale in Lexington, KY | 509 W 3Rd St, Lexington, KY 40508 | MLS# 26007853
Homes for sale in Lexington, KY | 509 W 3Rd St, Lexington, KY 40508 | MLS# 26007853
Homes for sale in Lexington, KY | 509 W 3Rd St, Lexington, KY 40508 | MLS# 26007853
44+
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$650,000

  • Beds Icon5 Beds
  • Beds Icon
    4 Baths

    4 full baths

  • Beds Icon3,585sqft

509 W 3Rd St, Lexington, KY 40508

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  • Quadruplex

  • Built in 1920

  • $-- HOA

  • 0.18 acre lot

  • $181/sq.ft

Description

Turn-key four-plex income property in one of downtown Lexington's most sought-after locations—the thriving Jefferson Corridor, surrounded by recently completed high-end developments. This investment opportunity is currently fully leased, generating over $50,000 in annual rental income with low maintenance requirements. Major system upgrades include high-efficiency heating and cooling, along with updated electrical that is separately metered completed in 2021—offering flexibility for potential individual unit sale. While preserving its original charm featuring vaulted ceilings, beautiful hardwood floors, and classic window moldings. Residents have in-unit washer and...

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  • Houzeo last checked: 2 Hours ago
  • Listing updated: June 1, 2026 at 1:46 pm
  • Listing Provided by: Susan Kennedy | Bluegrass Sotheby's International Realty
  • Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26007853 Lexington Bluegrass AOR (Imagine) MLS-KY

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Fayette County

  • City

    Lexington

  • Neighborhood

    --

  • Year Built

    1920

  • HOA Fees

    -

  • Finished Area

    3,585 sqft

  • Lot Size

    0.18 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Lexington Bluegrass AOR (Imagine) MLS

  • MLS Number

    26007853

  • MLS Status

    Active

  • Days on Market

    48

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