3124 High Ridge Drive
Lexington, KY, 40517 $ 399,000
Bedrooms5 Baths4.2 Sq 3,610 Monthly Estimate*
$ 2,457
for $399,000 with 5 bedrooms and 4 full baths, 2 half baths. This 3,610 square foot home was built in 1986 on a lot size of 0.17.
3124-3126 High Ridge Drive, Lexington, KY 40517 offers a rare residential income opportunity in the Park Hills area of Southeast Lexington. This duplex includes one side with 3 bedrooms and 2.5 baths, while the other side is configured as 2 bedrooms and 2.5 baths, with basement space that could function as an additional bedroom, office, guest area, or flexible living space if needed. 3126 High Ridge is currently vacant, while 3124 High Ridge is tenant occupied on a month-to-month lease at $1,050 per month, with the tenant being a family member of the owner; 3124 requires at least 8 hours' notice for showings. Area rental comparables currently support estimated rental ranges of approximately $1,500 to $2,000 per side, respectively, depending on unit configuration, condition, lease terms, and market demand. The property has seen substantial updates, including replacement roofs, updated HVAC components, updated hot water tanks, newer windows, appliances, bath vanities, and fixtures, with additional improvements noted in 2022, 2024, and 2025. Additional features include central air, electric heating/cooling, main-level laundry, connected electric, sewer, and water utilities, and off-street parking. Conveniently located near Man O' War Boulevard, Alumni Drive, Tates Creek Road, Hamburg, The Summit at Fritz Farm, UK, downtown Lexington, parks, shopping, dining, schools, and major commuter routes, this property offers strong access to many of Lexington's most popular destinations while maintaining a residential setting. Inspections are welcome; however, the property is being sold as-is.
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FeaturesGeneralHeating Electric Heat Pump
Cooling Electric Heat Pump
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow Rental Agreement
Roof Shingle
Year Built 1986
Property Subtype Duplex
Parcel Number 42095036
County Fayette
New Construction N
Property Type Residential Income
Subdivision Name Park Hills
Full Baths 4
Status Active
Directions Inside Man O War to Pimlico Parkway Right on High Ridge duplex on the right. Or Alumni Drive (toward MOW) turn Right on Yellowstone Pkwy to Left on Pimlico Parkway Left on High Ridge duplex on the ri
High School Tates Creek
City Lexington
High School District Fayette County - 1
Number Of Units Total 2
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 7596.86
Elementary School Julius Marks
Land Lease Y/N N
Middle/Junior High School Tates Creek
MLS Area Minor 003 - Fayette County SE
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Size Area 0.17
Number of Buildings 1
Building Area Total 3610.0
Lot Size Acres 0.17
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 2
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 5
Total Baths 6
Heating-Heat Pump True
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* Excluded FeaturesList ByBelmont Realty GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,457
- 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 NearbyMulti-family listings in Lexington, KY
Average List Price $579,964
Percent of Sale Price 45%
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.
3289486 Elementary School
3292787 Middle School
Tates Creek High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $399,000 | | Listed Price |