2251/2253 Alexandria Drive Lexington, KY $ 253,000
2251/2253 Alexandria Drive
$ 253,000
Open House 4/18 1pm - 3pm
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2251/2253 Alexandria Drive

Lexington, KY, 40504
$ 253,000
Bedrooms4 Baths2.0 Sq 1,800

Monthly Estimate*

$ 1,558

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Single Family Home for sale in Lexington, KY

for $253,000 with 4 bedrooms and 2 full baths. This 1,800 square foot home was built in 1967 on a lot size of 0.24.

Whether you're expanding your portfolio, securing your first income-producing property, or want to "house hack" (subsidize your primary home mortgage with rental income) — this is duplex is a rare opportunity to own in the coveted Garden Springs neighborhood. This all-brick ranch-style duplex offers durability and low maintenance, featuring hard-surface flooring throughout to help minimize ongoing upkeep and turnover costs. Each unit provides a functional layout, and the property sits on a spacious lot with a large backyard — an added feature that supports tenant retention. Conveniently located with quick access to New Circle Road, downtown Lexington, and the University of Kentucky, this property is well-positioned for consistent rental demand. Please allow a minimum of 48-hour notice for all showings. Cash flow. A rare opportunity to own a duplex in Lexington with both sides currently leased — generating immediate cash flow from day one. Ever wanted to live for almost free? One tenant is willing to move out early! Owner-occupants can "house hack" to offset mortgage payments with rental income from the other side of the duplex. Current Repairs: Seller has proactively identified and addressed a few items— including age-appropriate settlement in the stairs and concrete footing. Roof improvements include installation of new roofing paper and shingles, along with two (2) new roof vents. Closet ceiling updated with new drywall. Interior painting completed. (3/10/2026). Installed 60 ft of 5-inch gutters with two (2) outside box miters. Labor and material included. Professional repairs are paid for and in process, providing added confidence for investors seeking a low-maintenance asset. Other repairs needed: Exterior wood soffits have reached obsolescence and will require updating — the value of these repairs is reflected in the asking price.

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Open House

4/18/2026 1:00 PM - 3:00 PM
2251/2253 Alexandria Drive Lexington, KY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 253,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.24

Year Built

1967

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26003793

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow Rental Agreement Subject To Tenant Rights Other
Roof Shingle
Architectural Style Ranch
Construction Materials Brick Veneer
Year Built 1967
Levels One
Property Subtype Single Family Residence
Parcel Number 16354075
Community Features Park
County Fayette
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Garden Springs
Garage Y/N N
Total Rooms 10
Full Baths 2
Status Active
Directions From New Circle take Harrodsburg Road exit towards town first light take a left on Alexandria Drive property will be on the right. Latitude: 38.022461 Longitude: -84.553268
High School Dunbar
City Lexington
High School District Fayette County - 1
MLS Area 004 - Fayette County SW
Lot Size Units Acres
Lot Size Square Feet 10530.0
Carport Y/N N
Elementary School Garden Springs
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Beaumont
MLS Area Minor 004 - Fayette County SW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Senior Community None
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Interior
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1800.0
Half Baths 0
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 2
Heating-Forced Air True
Heating-Natural Gas True
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Exterior
Parking Features Driveway Off Street
Water Source Public
Lot Size Area 0.24
Foundation Details Block
Building Area Total 1800.0
Lot Size Acres 0.24
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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Internal Only
Street Number 1 22512253
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* Excluded Features
List By
Re/Max Elite Lexington

Broker

chagedorn@remax.net

Email

Affordability Calculator

$1,558
Per Month
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Monthly Principal & Interest
$1,558
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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
3289606 Elementary School
3292796 Middle School
Dunbar High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$253,000 -1.75% Price Down
3/2/2026$257,500 Listed Price

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2251/2253 Alexandria Drive, Lexington, KY, 40504 is a Single Family Home for sale at $253,000 with 1,800 sqft and a lot size of 0.24. 2251/2253 Alexandria Drive has 4 bedrooms, 2.0 baths, and was built in 1967. The property's zip code is 40504 which is in Lexington, KY