199 E Loudon Avenue, Lexington, KY 40505
Property Type:
Residential Income
Lot Size (sq. ft.):
20,935
Status:
Closed
Current Price:
$908,000
List Date:
4/08/2025
Last Modified:
3/13/2026
Overview
Description
Step into a piece of Lexington's history with the stunning John T. Patterson House, a beautifully restored gem in the vibrant North Lime District. Originally built in 1895, this exquisite property seamlessly blends historic charm with modern updates.
Situated on nearly 0.5 acres in the heart of downtown, the property features:
One spacious 2-bed, 1-bath apartment - thoughtfully updated for comfort and style
Four charming 1-bed, 1-bath apartments - ideal for tenants seeking convenience and character
Seven versatile office spaces - perfect for entrepreneurs, creatives, or growing businesses
Two first-floor apartments are registered STRs, and furniture conveys - offering immediate income potential
The property currently generates $8,625 in monthly rent, with additional opportunities to increase revenue.
Extensive renovations in 2015 and 2020 brought this iconic property into the modern age with new HVAC systems, a new roof, updated sewer and electrical systems, and refin
...
(Read more)
Step into a piece of Lexington's history with the stunning John T. Patterson House, a beautifully restored gem in the vibrant North Lime District. Originally built in 1895, this exquisite property seamlessly blends historic charm with modern updates.
Situated on nearly 0.5 acres in the heart of downtown, the property features:
One spacious 2-bed, 1-bath apartment - thoughtfully updated for comfort and style
Four charming 1-bed, 1-bath apartments - ideal for tenants seeking convenience and character
Seven versatile office spaces - perfect for entrepreneurs, creatives, or growing businesses
Two first-floor apartments are registered STRs, and furniture conveys - offering immediate income potential
The property currently generates $8,625 in monthly rent, with additional opportunities to increase revenue.
Extensive renovations in 2015 and 2020 brought this iconic property into the modern age with new HVAC systems, a new roof, updated sewer and electrical systems, and refinished floors - all enhanced by fresh paint throughout.
Listing Details MLS# 25006915
Listing Office:
National Real Estate
Last Updated: March - 13 - 2026
Information deemed reliable but not guaranteed.
