131 Arceme Avenue
Lexington, KY, 40505 $ 285,000
Bedrooms4 Baths1.1 Sq 1,556 Monthly Estimate*
$ 1,755
for $285,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,556 square foot home was built in 1927 on a lot size of 0.17.
Completely Renovated, Move-In Ready, and Priced to Sell — Opportunity is Knocking in the NoLi District of Lexington! Welcome home to this beautifully renovated two-story, 4-bedroom, 1.5-bath home offering the perfect blend of charm, character, and modern updates at an affordable price. Located in Lexington's NoLi District, 131 Arceme Avenue places you steps from Greyline Station, local shops, restaurants, downtown Lexington, New Circle Road, and Castlewood Park. From the moment you arrive, the curb appeal and front porch invite you in. Enter to find a Move-In Ready home with a versatile open-concept layout. All the big-ticket updates are completed! There's a NEW roof, NEW HVAC, New water heater, NEW windows and blinds, NEW stainless-steel appliances, NEW kitchen cabinetry, NEW plumbing, NEW lighting, NEW hardware, NEW bathroom vanities and commodes, NEW interior doors, NEW siding, NEW gutters, NEW deck, NEW flooring throughout (LVT, LVP, and carpet), fresh paint, and newly laid sod. Step outside to a spacious, fully fenced backyard with room to entertain, relax, or play. Sip your morning coffee on the front porch or unwind with an evening drink on the back deck. Why wait on costly renovations when you can move right in and start enjoying homeownership immediately? Affordable, updated, and packed with value, this is a home you don't want to miss. Schedule your showing today!
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FeaturesInteriorInterior Amenities Eat-in Kitchen Entrance Foyer
Basement Crawl Space
Flooring Carpet Other
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N Y
Above Grade Finished Area 1556.0
Half Baths 1
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 2
Heating-Heat Pump True
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GeneralSewer Public Sewer
Heating Electric Heat Pump
Cooling Central Air Electric
Possession Close Of Escrow
Roof Dimensional Style
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Patio/Porch Features Deck
Construction Materials Vinyl Siding
Year Built 1927
Levels Two
Property Subtype Single Family Residence
Parcel Number 10211400
County Fayette
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Downtown
Garage Y/N N
Total Rooms 10
Full Baths 1
Status Active
Directions North Limestone to RIGHT on Arceme Avenue. Home is on the LEFT.
High School Bryan Station
City Lexington
High School District Fayette County - 1
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 7230.96
Carport Y/N N
Elementary School Arlington
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Bryan Station
MLS Area Minor 001 - Fayette County NW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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ExteriorFencing Privacy Wood
Parking Features Driveway Off Street
Water Source Public
Lot Size Area 0.17
Foundation Details Block
Building Area Total 1556.0
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 ByUnited Real Estate BluegrassBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,755
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Lexington, KY
Average List Price $577,452
Percent of Sale Price 103%
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.
3290006 Elementary School
3292810 Middle School
Bryan Station High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/30/2026 | $285,000 | -1.69% | Price Down |
| 4/15/2026 | $289,900 | | Listed Price |