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311 Madison Place, Lexington, KY 40508

$639,900
  • 311 Madison Place, Lexington, KY 40508 Main Photo

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Contingent
BEDS5 BATHS3 full SQUARE FEET3,109 MLS#25507796
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDowntown SCHOOLFayette County - 1

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.

311 Madison Place | MLS# 25507796

This multi-family property located at 311 Madison Place, Lexington, KY 40508 is currently listed for sale with an asking price of $639,900. Madison Place is located within the Fayette County - 1 school district. Search Lexington real estate on tsmith.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Attic Fan, Central Air, Ceiling Fan(s), Electric, Mult
Fuel Type: Gas
Heating: Baseboard, Forced Air, Natural Gas
Lot Size: 0.14 Acres
Roof Type: Dimensional Style, Shingle
Year Built: 1895

Feature Descriptions

Community Features: Park
Days on Site: 113
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup, Common Area
Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup, Common Area
Lot Dimensions: 0.136 acre(s)
Parcel #: 12494750
Parking Notes: Gravel, On Site, Paved, Open
Structure Type: Multi Family, Triplex
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Local Schools

High School: Lafayette
Middle School: Lexington Trad
Elementary School: Harrison
School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: Lifstyl Real Estate

Shown By

Agent Name: Tim Smith
Agent Phone: (606) 682-0320
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimated Payment

$ 2,485.39 per month $2,298.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $186.64 Homeowner's Insurance

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