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240 E Third Street Lexington, KY $ 309,000
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$ 309,000 Get more info
240 E Third Street
$ 309,000
Back to search
Share Save

240 E Third Street

Lexington, KY, 40508
$ 309,000
Bedrooms4 Baths2.0 Sq 1,967

Monthly Estimate*

$ 1,903

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Multi-Family Home for sale in Lexington, KY

for $309,000 with 4 bedrooms and 2 full baths. This 1,967 square foot home was built in 1880 on a lot size of 0.13.

Located in the heart of downtown Lexington, this duplex sits on a rare double lot and offers both income potential and flexibility. One side is currently occupied, providing immediate rental income, while the other side is vacant and ready for a new tenant or owner-occupant. With its prime location, large lot, and multi-unit setup, this property is perfect for investors, house-hackers, or anyone looking to add to their real estate portfolio. Enjoy the convenience of being just minutes from restaurants, shopping, and all that downtown Lexington has to offer.

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Multi-Family Active

Price

$ 309,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.13

Year Built

1880

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

25503288
Features
General
Heating Heat Pump Natural Gas
Cooling Electric
Possession Close Of Escrow
Roof Shingle
Year Built 1880
Property Subtype Duplex
Parcel Number 10356500
County Fayette
New Construction N
Property Type Residential Income
Subdivision Name Downtown
Full Baths 2
Status Active
Directions East Third Street between MLK & Elm Tree. Located directly across from Community Gardens.
High School Lafayette
City Lexington
High School District Fayette County - 1
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 5662.8
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
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.13
Building Area Total 1967.0
Lot Size Acres 0.13
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 4
Total Baths 2
Heating-Heat Pump True
Heating-Natural Gas True
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* Excluded Features
List By
Ro&Co Real Estate

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$1,903
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,903
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
3289948 Elementary School
3292819 Middle School
Lafayette High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/9/2025$309,000 -3.13% Price Down
10/31/2025$319,000 -3.04% Price Down
10/21/2025$329,000 -5.97% Price Down
10/9/2025$349,900 Listed Price

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240 E Third Street, Lexington, KY, 40508 is a Multi-Family Home for sale at $309,000 with 1,967 sqft and a lot size of 0.13. 240 E Third Street has 4 bedrooms, 2.0 baths, and was built in 1880. The property's zip code is 40508 which is in Lexington, KY

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