311 Madison Place, Lexington, KY 40508
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311 Madison Place, Lexington, KY 40508
311 Madison Place, Lexington, KY 40508
311 Madison Place, Lexington, KY 40508
311 Madison Place, Lexington, KY 40508

$615,000

$639,900

3.9%
Est.Price: ?

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311 Madison Place Lexington, KY 40508

5 Beds

3 Baths

3,109 SqFt

SOLD DATE : 05/13/2026

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

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Lifstyl Real Estate

NEARBY SCHOOLS & BUSINESSES

KASEY MCCARTY

KASEY MCCARTY

Broker

+1(859) 428-7960

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