100-102 S Hanover Avenue, Lexington, KY 40502

$900,000

Property Type: Residential Income Bedrooms: 12 Baths: 6 Square Footage: 8,400 Lot Size (sq. ft.): 11,800 Status: Closed

Current Price: $900,000 List Date: 9/13/2025 Last Modified: 7/09/2026

Overview

Description

Step back in time with this Ashland Park charmer. Built in 1929, this six-unit apartment building was said to have been one of the first steel structure apartments built in Fayette County. The adjacent duplex was designed to be on top of this building as the fourth and fifth levels. Each apartment offers hardwood floors, high ceilings, unique built-ins, living room, dining room, kitchen, 2 bedrooms, and a full bath. There is a shared laundry and individual storage areas in the lower level. The Seller is providing a $200,000 KY Heritage Council historic tax credit that can be passed along to the Purchaser. It can be used as early as June 2026 with a 3-year deadline ending July 2029. The adjacent duplex is also available. Located steps away from Chevy Chase shopping and restaurants, downtown Lexington, the University of KY, and Ashland, the Henry Clay Estate!

Listing Details MLS# 25501231

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2026-03-03T21:35:52Z
Status Change Timestamp: 2026-06-08
Purchase Contract Date: 2026-04-17
Close Date: 2026-06-08
Close Price: 900000
Buyer Financing: Conventional
Sale Type: Arms Length Sale

Address

County: Fayette
Street Number: 100-102
Street Direction Prefix: S
Street Name: Hanover
Street Suffix: Avenue
State: KY
Zip Code: 40502
Directions: Located on the corner of Richmond Road and South Hanover. Park in front of the building.
Parcel Number: 12101800

Contract

Original List Price: 1395000
Start Showing Date: 2025-10-09
Listing Contract Date: 2025-09-12
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 4259259.26
List Price/SqFt: 136.9
Sold Price/Acre: 3333333.33
Sold Price/SqFt: 107.14
SP/LP: 0.78

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Ashland Park
High School District: Fayette County - 1

Interior

Bedrooms Total: 12
Bathrooms Total: 6
Bathrooms Full: 6
Living Area: 8400
Living Area Source: Public Records
Bathrooms Half: 0

More Information

Building

Year Built: 1929
Stories Total: 3
Accessibility Features YN: No

Lot

Lot Size Acres: 0.2709
Lot Size Square Feet: 11800

Utilities

Cooling YN: No
Heating YN: Yes

Remarks

Public Remarks: Step back in time with this Ashland Park charmer. Built in 1929, this six-unit apartment building was said to have been one of the first steel structure apartments built in Fayette County. The adjacent duplex was designed to be on top of this building as the fourth and fifth levels. Each apartment offers hardwood floors, high ceilings, unique built-ins, living room, dining room, kitchen, 2 bedrooms, and a full bath. There is a shared laundry and individual storage areas in the lower level. The Seller is providing a $200,000 KY Heritage Council historic tax credit that can be passed along to the Purchaser. It can be used as early as June 2026 with a 3-year deadline ending July 2029. The adjacent duplex is also available. Located steps away from Chevy Chase shopping and restaurants, downtown Lexington, the University of KY, and Ashland, the Henry Clay Estate!

Building and Property Details

Age of Roof: 2018

Showing Information

Showing Instructions: LA to accompany - please allow 48-hour notice to show. There are 2 apartments in the 6-plex that can be shown.

Tax & Legal

Elementary School: Cassidy
Middle Or Junior School: Morton
High School: Henry Clay
Tax Rate: 1.2583
Zoning Description: R-3

Association/Community

Number Of Buildings: 1
Number Of Units Total: 6

Heating

Hot Water: Yes

Laundry Features

Common Area: Yes
Lower Level: Yes

Parking Features

Other: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Structure Type

Multi Family: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Property Features

Heating: Hot Water Laundry Features: Common Area; Lower Level Parking Features: Other Possession: Close Of Escrow; Subject To Tenant Rights Structure Type: Multi Family Showing Requirements: Call Listing Agent; Listing Agent Must Accompany

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: July - 09 - 2026

Information deemed reliable but not guaranteed.