250 Lexington Avenue, Lexington, KY 40508

$1,400,000
Property Type: Residential Income Bedrooms: 3 Baths: 2 Square Footage: 14,100 Lot Size (sq. ft.): 21,780 Status: Closed
Current Price: $1,400,000 List Date: 7/16/2015 Last Modified: 8/26/2025

Overview

Description

**Under Contract** This complex contains 12 units each with 3 bedrooms & 2 full baths.

Listing Details MLS# 1515708

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2015-08-31T19:52:54Z
Status Change Timestamp
2015-08-31
Purchase Contract Date
2015-07-16
Close Date
2015-08-31
Close Price
1400000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
250
Street Name
Lexington
Street Suffix
Avenue
State
KY
Zip Code
40508
Directions
Downtown
Parcel Number
11771450

Contract

Original List Price
1500000
Start Showing Date
2015-07-16
Listing Contract Date
2015-07-16
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
3000000
List Price/SqFt
106.38
Sold Price/Acre
2800000
Sold Price/SqFt
99.29
SP/LP
0.93

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Uk Campus
High School District
Fayette County - 1

Interior

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area
14100

More Information

Parking Information

Parking Total
35

Building

Year Built
1999

Lot

Lot Size Acres
0.5
Lot Size Square Feet
21780.02
Lot Size Dimensions
142 x ?
Road Frontage Feet
155

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
**Under Contract** This complex contains 12 units each with 3 bedrooms & 2 full baths.

Building and Property Details

Age of Roof
16

Income and Expenses

Credit and Vacancy Losses
21367
Gross Income
178056
Gross Operating Income
156689
Gross Scheduled Income
178056

Property Features

Utilities: Electricity Connected; Electricity Connected Association Amenities: Coin Laundry Cooling: Electric; None Heating: Electric; Heat Pump Listing Terms: Cash; Conventional Parking Features: On Site; Paved Possession: Other Security Features: Fire Sprinkler System Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: Rector Hayden Realtors
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.