394 Bassett Avenue
Lexington, KY, 40502 $ 335,000
Bedrooms3 Baths2.0 Sq 1,688 Monthly Estimate*
$ 2,090
for $335,000 with 3 bedrooms and 2 full baths. This 1,688 square foot home was built in 1930 on a lot size of 0.17.
Opportunity knocks in one of Lexington's most beloved neighborhoods! This stunning corner-lot duplex in Kenwick is packed with charm, loaded with updates, and priced well below both market and appraised value—a rare combination you won't want to miss. The main-level unit is move-in ready and seriously impressive. Step inside to discover a fully remodeled kitchen and bath, refinished hardwood floors, new tile in the primary bedroom, and fresh paint throughout. Comfort meets efficiency with a new HVAC system, mostly new windows, a newer roof, new siding, and even a newly added closet for extra storage. The basement has been professionally sealed and painted, perfect for clean, dry storage or workspace. Washer/dryer hookups have been added on the main level (machines do not convey), and the double-level storage tables downstairs stay with the home. The outdoor space is just as polished—professionally landscaped and wrapped in zoning-approved wood privacy fencing that adds beauty and function. Upstairs, the one-bedroom apartment feels like a storybook hideaway, with light-filled spaces and cottage charm that stays true to the home's historic character. Whether used as a guest suite, Airbnb, or long-term rental, this space is a proven moneymaker—rental potential ranges from $950 to $1,450/month. Furnishings are negotiable to keep it turn-key ready. Bonus Opportunity: Need even more space or want to supercharge your investment? The adjacent R2-zoned lot (MLS #25503833) is available separately and features a block garage—ideal for storage, a studio, or future development. Please Note: Main-level furnishings and washer/dryer do not convey Full list of updates available upon request Whether you're looking for a smart investment, a mortgage helper, or the ideal setup for multigenerational living, this Kenwick gem checks all the boxes—with the upside to grow even more.
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FeaturesInteriorInterior Amenities Eat-in Kitchen Primary Downstairs
Basement Sump Pump Unfinished
Flooring Carpet Hardwood Tile Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Screens
Fireplace Y/N N
Above Grade Finished Area 1688.0
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2
Heating-Natural Gas True
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GeneralSewer Public Sewer
Heating Natural Gas
Cooling Electric Heat Pump
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Roof Dimensional Style Membrane Shingle
Appliances Dishwasher Microwave Range Refrigerator
Patio/Porch Features Porch
Architectural Style Cape Cod Craftsman
Construction Materials Stone Vinyl Siding
Year Built 1930
View Neighborhood
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 43901180
County Fayette
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Kenwick
Garage Y/N N
Total Rooms 10
Full Baths 2
Status Active
Directions Richmond Road to Bassett follow to the end the house is on the right
High School Henry Clay
City Lexington
High School District Fayette County - 1
MLS Area 002 - Fayette County NE
Lot Size Units Acres
Lot Size Square Feet 7500.0
Carport Y/N N
Elementary School Ashland
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Lexington Trad
MLS Area Minor 002 - Fayette County NE
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex House
Standard Status Active
Senior Community None
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ExteriorFencing Wood
Parking Features Other
Water Source Public
Lot Size Area 0.17
Foundation Details Stone
Building Area Total 1688.0
Lot Size Acres 0.17
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Bluegrass RealtyBroker
brandonhedinger@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,090
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbySingle family listings in Lexington, KY
Average List Price $537,152
Percent of Sale Price 60%
About Lexington, KY 309,571 Population
19% Since 2002
$ 49,858 Median Income
34.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
3290062 Elementary School
3292819 Middle School
Henry Clay High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $335,000 | | Listed Price |