$615,000
$639,900
3.9%For more information regarding the value of a property, please contact us for a free consultation.
311 Madison Place Lexington, KY 40508
5 Beds
3 Baths
3,109 SqFt
Key Details
Sold Price $615,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,109 sqft
Price per Sqft $197
Subdivision Downtown
MLS Listing ID 25507796
Sold Date 05/13/26
Bedrooms 5
Full Baths 3
Year Built 1895
Lot Size 5,915 Sqft
Acres 0.14
Property Sub-Type Triplex
Property Description
Beautiful 1895 Historic Home in Woodward Heights Historic District - 3 Separate Apartments - 3,109 Sq Ft. This stunning property offers the potential for an Airbnb or conversion back to a single-family home, allowing for flexibility in how you choose to use the space. Each apartment features its own private entrance, kitchen, full bathroom living area and a common laundry room for long-term tenants, or multi-generational living. Historic details such as tall ceilings, original wood flooring and woodwork, and large windows create a warm, inviting atmosphere in every unit. The property is conveniently located within walking distance to Rupp Arena, Gatton Park, downtown dining and shopping as well as with the University of Kentucky and Transylvania University. It also includes a unique backyard with brick paving which is perfect for outdoor relaxation or entertaining family and guests! Whether you continue as a profitable rental operation or reimagine for personal use, this property offers unlimited potential in a prime setting.
Location
State KY
County Fayette
Zoning Other
Interior
Heating Baseboard, Forced Air, Natural Gas
Cooling Attic Fan, Ceiling Fan(s), Central Air, Electric, Multi Units, Window Unit(s)
Laundry Electric Dryer Hookup, Main Level, Washer Hookup
Exterior
Parking Features Gravel, On Site, Open, Paved
Community Features Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N N
Roof Type Dimensional Style,Shingle
Handicap Access No
Private Pool No
Building
New Construction No
Schools
Elementary Schools Harrison
Middle Schools Lexington Trad
High Schools Lafayette
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

NEARBY SCHOOLS & BUSINESSES






