137 Woodland Avenue, Lexington, KY 40502

$1,010,000
Property Type: Residential Income Square Footage: 17,160 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $1,010,000 List Date: 7/28/2016 Last Modified: 8/26/2025

Overview

Description

Fantastic investor opportunity in heart of Lexington 23 unit apartment building plus charming duplex and approximately .20 acres of green space lot. Included are 23 bedrooms & 23 full baths in Apartment buildings, Duplex 2-2 bedroom units. Situated ideally between UK campus and downtown Lexington. This type of opportunity does not come available often! New roof on apartment building in 2014. Please contact listing agent for rent schedule - as rent & square footage are approximate in this listing information. These two parcels are to be sold together. Per PVA, Duplex built in 1910, Apt building in 1969. Square footage are approximate, Buyer to verify all property details to their satisfaction.

Listing Details MLS# 1616717

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2016-10-07T18:29:31Z
Status Change Timestamp
2016-10-07
Purchase Contract Date
2016-08-05
Close Date
2016-10-07
Close Price
1010000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
137
Street Name
Woodland
Street Suffix
Avenue
Street Suffix Modifier
143
State
KY
Zip Code
40502
Directions
Woodland Avenue between E. High and Central/Main - closest to Central Ave.
Parcel Number
14853050

Contract

Original List Price
1150000
Start Showing Date
2016-07-28
Listing Contract Date
2016-07-28
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
958333.33
List Price/SqFt
67.02
Sold Price/Acre
841666.67
Sold Price/SqFt
58.86
SP/LP
0.88

Tax Legal

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

Interior

Living Area
17160
Bathrooms Half
0

More Information

Parking Information

Parking Total
35

Building

Year Built
1969

Lot

Lot Size Acres
1.2
Lot Size Square Feet
52272.05

Utilities

Cooling YN
Yes
Heating YN
Yes
Natural Gas Connected
Yes

Remarks

Public Remarks
Fantastic investor opportunity in heart of Lexington 23 unit apartment building plus charming duplex and approximately .20 acres of green space lot. Included are 23 bedrooms & 23 full baths in Apartment buildings, Duplex 2-2 bedroom units. Situated ideally between UK campus and downtown Lexington. This type of opportunity does not come available often! New roof on apartment building in 2014. Please contact listing agent for rent schedule - as rent & square footage are approximate in this listing information. These two parcels are to be sold together. Per PVA, Duplex built in 1910, Apt building in 1969. Square footage are approximate, Buyer to verify all property details to their satisfaction.

Building and Property Details

Age of Roof
2

Unit Details

Number Of Units Vacant
Yes

Tax & Legal

Elementary School
Ashland
Middle Or Junior School
Lexington Trad
High School
Henry Clay
Tax Rate
1.2075
Zoning Description
R-3; H-1

Association/Community

Number Of Units Total
25

Association Amenities

Coin Laundry
Yes

Cooling

Other
Yes

Heating

Forced Air
Yes
Hot Water
Yes
Natural Gas
Yes
Other
Yes

Listing Terms

Cash
Yes

Possession

Other
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Duplex
Yes
Multi Family
Yes

Property Features

Utilities: Natural Gas Connected; Natural Gas Connected Association Amenities: Coin Laundry Cooling: Other Heating: Forced Air; Hot Water; Natural Gas; Other Listing Terms: Cash Possession: Other Roof: Shingle Special Listing Conditions: Standard Structure Type: Duplex; Multi Family
Listing Office: Rector Hayden Realtors
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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