1302 Richmond Road, Lexington, KY 40502 (MLS# 1503706)

1302 Richmond Road, Lexington, KY 40502

$770,000

Property Type: Residential Income Bedrooms: 6 Baths: 5 Square Footage: 6,173 Lot Size (sq. ft.): 13,068 Status: Closed

Current Price: $770,000 List Date: 2/27/2015 Last Modified: 8/26/2025

Overview

Description

This fine classic Tudor building has obtained condominium zoning, Buy the entire building, finish the third level and lower level and have four very nice units to lease in a very desirable area. Would be excellent for owner occupy on main level with three more units as rentals! See listings for Single Family and also individual units 100 & 200. Garage and inground pool, lovely outdoor spaces, screened porch on main level, deck on second. Truly a unique opportunity for architecturally significant Ashland Park building, it was originally designed as a duplex. R-3 zoning with condo use.

Listing Details MLS# 1503706

Listing Information

Property Sub Type: Quadruplex

Status Change Information

Price Change Timestamp: 2015-08-14T15:17:31Z
Status Change Timestamp: 2015-08-14
Purchase Contract Date: 2015-06-28
Close Date: 2015-08-14
Close Price: 770000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 1302
Street Name: Richmond
Street Suffix: Road
State: KY
Zip Code: 40502
Directions: Richmond Rd at McDowell

Contract

Original List Price: 898000
Start Showing Date: 2015-02-27
Listing Contract Date: 2015-02-27
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 2993333.33
List Price/SqFt: 145.47
Sold Price/Acre: 2566666.67
Sold Price/SqFt: 124.74
SP/LP: 0.86

Tax Legal

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

Interior

Bedrooms Total: 6
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 6173
Bathrooms Half: 0

More Information

Parking Information

Parking Total: 5

Building

Year Built: 1928

Lot

Lot Size Acres: 0.3
Lot Size Square Feet: 13068.01

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Remarks

Public Remarks: This fine classic Tudor building has obtained condominium zoning, Buy the entire building, finish the third level and lower level and have four very nice units to lease in a very desirable area. Would be excellent for owner occupy on main level with three more units as rentals! See listings for Single Family and also individual units 100 & 200. Garage and inground pool, lovely outdoor spaces, screened porch on main level, deck on second. Truly a unique opportunity for architecturally significant Ashland Park building, it was originally designed as a duplex. R-3 zoning with condo use.

Tax & Legal

Elementary School: Cassidy
Middle Or Junior School: Morton
High School: Henry Clay
Zoning Description: R-3 with condo use

Association Amenities

Pool: Yes

Cooling

Electric: Yes
Gas: Yes

Heating

Electric: Yes
Forced Air: Yes
Natural Gas: Yes
Steam: Yes
Zoned: Yes

Possession

Close Of Escrow: Yes

Roof

Membrane: Yes
Shingle: Yes
Tile: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Quadruplex: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected Association Amenities: Pool Cooling: Electric; Gas Heating: Electric; Forced Air; Natural Gas; Steam; Zoned Possession: Close Of Escrow Roof: Membrane; Shingle; Tile Special Listing Conditions: Standard Structure Type: Quadruplex

Listing Office: Berkshire Hathaway de Movellan Properties

Last Updated: August - 26 - 2025

Information deemed reliable but not guaranteed.