301 Alex, Lexington, KY 40511

$2,300,000
Property Type: Residential Income Bedrooms: 2 Baths: 3 Status: Closed
Current Price: $2,300,000 List Date: 6/07/2017 Last Modified: 8/26/2025

Overview

Description

Great for tax free exchange! Zoned as townhomes so buyer can sell individually, built as duplexes. 25 units, 11 duplexes (both sides), 3 one side of duplex. Sold as package, not individually .. 24 have 2bedrooms, 2.5 baths. 1 unit has 3 bedrooms, 3.5baths.

Listing Details MLS# 1712891

Listing Information

Property Sub Type
Duplex

Status Change Information

Price Change Timestamp
2017-11-08T16:14:52Z
Status Change Timestamp
2017-11-08
Purchase Contract Date
2017-08-30
Close Date
2017-11-07
Close Price
2300000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
301
Street Name
Alex
State
KY
Zip Code
40511
Directions
Masterson Station to Jacqueline to Mable. Right on Mable. Duplex is on corner of Alex/Mable.
Parcel Number
38055120

Contract

Original List Price
2450000
Start Showing Date
2017-06-07
Listing Contract Date
2017-06-07
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
SP/LP
0.94

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Masterson Station
High School District
Fayette County - 1

Interior

Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes

More Information

Parking Information

Parking Total
55

Building

Year Built
2005

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
Great for tax free exchange! Zoned as townhomes so buyer can sell individually, built as duplexes. 25 units, 11 duplexes (both sides), 3 one side of duplex. Sold as package, not individually .. 24 have 2bedrooms, 2.5 baths. 1 unit has 3 bedrooms, 3.5baths.

Income and Expenses

Operating Expense
670
Other Expense Description
14 units in HOA/total $670 yearly

Tax & Legal

Elementary School
Sandersville
Middle Or Junior School
Leestown
High School
Bryan Station
Tax Rate
1.1872
Zoning Description
R-2

Lot

Lot Size Acres
0
Lot Size Square Feet
0

Cooling

Electric
Yes

Heating

Electric
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Duplex
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric Roof: Shingle Special Listing Conditions: Standard Structure Type: Duplex
Listing Office: Kentucky Real Estate Group
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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