616 Bellaire Avenue Lexington, KY ^$ 685,000

616 Bellaire Avenue

^$ 685,000

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616 Bellaire Avenue

Lexington, KY, 40508

^$ 685,000

Bedrooms5 Baths5.1 Sq 2,529

Monthly Estimate*

^$ 4,274

616 Bellaire Avenue, Lexington, KY 40508 - Image 1

616 Bellaire Avenue, Lexington, KY 40508 - Image 2

616 Bellaire Avenue, Lexington, KY 40508 - Image 3

616 Bellaire Avenue, Lexington, KY 40508 - Image 4

Multi-Family Home for sale in Lexington, KY

for $685,000 with 5 bedrooms and 5 full baths, 1 half bath. This 2,529 square foot home was built in 1919 on a lot size of 0.18.

Investor special! This 5-unit multi-family property at 616 Ballaire Ave offers a great opportunity in a high-demand rental area near downtown and UK. The building includes one 2 bed/1 bath unit, three 1 bed/1 bath units, and one studio. With strong income potential and a central location, this property is a solid addition to any rental portfolio.

Multi-Family Active

Price

^$ 685,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.18

Year Built

1919

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

25015420

Features

General

Possession Subject To Tenant Rights

Year Built 1919

Property Subtype Apartment

Parcel Number 14737700

County Fayette

New Construction N

Property Type Residential Income

Full Baths 5

Status Active

Directions From downtown Lexington head east on Main Street and turn left onto Elm Tree Lane. Continue for about half a mile then turn right onto Bellaire Avenue. 616 Bellaire Ave will be on your left just a sh

High School Lafayette

City Lexington

Zoning Description R-3

Number Of Units Total 5

MLS Area 001 - Fayette County NW

Lot Size Units Acres

Lot Size Square Feet 7880.0

Elementary School Harrison

Land Lease Y/N N

Middle/Junior High School Lexington Trad

MLS Area Minor 001 - Fayette County NW

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Multi Family

Standard Status Active

Senior Community None

Water Body Access Y/N None

Accessibility Features Y/N None

Exterior

Lot Size Area 0.18

Number of Buildings 1

Building Area Total 2529.0

Lot Size Acres 0.18

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Half Baths 1

Total Bedrooms 5

Total Baths 6

Internal Only

Street Number 1 616

* Excluded Features

List By

Bluegrass Realty Pros, Inc

Broker

daehomesllc@gmail.com

Affordability Calculator

$4,274

Per Month

Monthly Principal & Interest: $4,274
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lexington, KY

Average List Price ^$666,172

Percent of Sale Price 3%

About Lexington, KY

309,571 Population

19% Since 2002

^$49,858 Median Income

34.93 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5203078 Elementary School

5203077 Middle School

Lafayette High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/15/2025	$685,000		Listed Price

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616 Bellaire Avenue, Lexington, KY, 40508 is a Multi-Family Home for sale at $685,000 with 2,529 sqft and a lot size of 0.18. 616 Bellaire Avenue has 5 bedrooms, 5.1 baths, and was built in 1919. The property's zip code is 40508 which is in Lexington, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of Bluegrass REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bluegrass REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/16/2025.

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616 Bellaire Avenue

Multi-Family Home for sale in Lexington, KY

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