235 S Limestone, Lexington, KY 40508

$850,000
Property Type: Residential Income Bedrooms: 14 Baths: 9 Square Footage: 7,830 Lot Size (sq. ft.): 15,824 Status: Closed
Current Price: $850,000 List Date: 6/18/2021 Last Modified: 8/26/2025

Overview

Description

Rarely do you see a building with such a Prime Location like this hit the market! This Multi-family offers 5 Huge Apartments, Units 1-4 are 3bed/2bath and Unit 5 is a 2bed/1bath, Parking lot for 10+ cars, and unbeatable walkability to enjoy the lifestyle in Downtown LEX! Prime Location with endless opportunities!!!! Zoned B1.

Listing Details MLS# 20111713

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2021-07-07T23:13:27Z
Status Change Timestamp
2021-10-14
Purchase Contract Date
2021-07-09
Close Date
2021-10-14
Close Price
850000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Fayette
Street Number
235
Street Direction Prefix
S
Street Name
Limestone
State
KY
Zip Code
40508
Directions
Nicholasville Rd. inbound, after Maxwell, building on left, driveway on right side of building parking in back.
Parcel Number
16860700

Contract

Original List Price
949000
Start Showing Date
2021-06-18
Listing Contract Date
2021-06-18
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
2410468.32
List Price/SqFt
111.75
Sold Price/Acre
2341597.8
Sold Price/SqFt
108.56
SP/LP
0.97

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Downtown
High School District
Fayette County - 1

Interior

Bedrooms Total
14
Bathrooms Total
9
Bathrooms Full
9
Living Area
7830

More Information

Parking Information

Parking Total
10

Building

Year Built
1921
Stories Total
3

Lot

Lot Size Acres
0.363
Lot Size Square Feet
15824

Remarks

Public Remarks
Rarely do you see a building with such a Prime Location like this hit the market! This Multi-family offers 5 Huge Apartments, Units 1-4 are 3bed/2bath and Unit 5 is a 2bed/1bath, Parking lot for 10+ cars, and unbeatable walkability to enjoy the lifestyle in Downtown LEX! Prime Location with endless opportunities!!!! Zoned B1.

Showing Information

Showing Instructions
Unit #3 is vacant and available to show. Enter unit from back of building on second floor. Supra Box on door. Call with questions. Per Seller: Please do not disturb tenants in other units. Occupied units will only be shown with accepted offer.

Tax & Legal

Elementary School
Harrison
Middle Or Junior School
Lexington Trad
High School
Lafayette
Tax Rate
1.2777
Zoning Description
B-1 -Neighborhood Business (M-Apts 3-19)

Association/Community

Number Of Buildings
1
Number Of Units Total
5

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes

Structure Type

Multi Family
Yes
Other
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Parking Features: Paved Possession: Close Of Escrow Structure Type: Multi Family; Other
Listing Office: The Brokerage
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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