541 W Short Street 3 Lexington, KY $ 394,000
541 W Short Street 3
$ 394,000
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541 W Short Street 3

Lexington, KY, 40507
$ 394,000
Bedrooms2 Baths2.1 Sq 1,480

Monthly Estimate*

$ 2,721

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Townhouse for sale in Lexington, KY

for $394,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,480 square foot townhouse was built in 1981 on a lot size of 0.05.

Downtown Lexington living with a private garden patio! Located in gated Opera House Square, 541 W Short Street Unit 3 combines a spacious two-story townhome layout with dining, entertainment, and green space close to home. Approximately 1.5 blocks from Gatton Park and moments from Rupp Arena, the Lexington Opera House, the Farmers Market, restaurants, and nightlife, this address puts the best of downtown within easy reach. Enjoy dinner out, catch a performance, or explore the Farmers Market, then return to your own enclosed, open-air brick patio. This inviting outdoor space offers room for morning coffee, outdoor dining, gardening, and evenings with friends. An outdoor storage shed adds practical convenience. Inside, the main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, a kitchen with breakfast bar seating, and a guest half-bath. Upstairs, two bedroom suites each offer a private attached bathroom, with a conveniently located laundry nook nearby. Recent improvements include fresh interior paint, updated kitchen and bath light fixtures, and newly drywalled living room accents. Concrete-block separation walls are an additional feature of this unit. Ready for your personal updates, this downtown Lexington townhome offers an opportunity to customize an established home in a sought-after location. Bring your design ideas and create a space that pairs city convenience with a private outdoor retreat. HOA dues are $185, and the seller reports having paid a $5,000 association assessment. Schedule your showing to experience the layout, patio, and downtown setting in person.

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Townhouse Active

Price

$ 394,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 0

Style

Colonial

Lot Size

0.05

Year Built

1981

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26024986

Features
Interior
Interior Amenities Breakfast Bar Entrance Foyer
Flooring Carpet Ceramic Tile Tile Wood
Total Fireplaces 1
Fireplace Features Living Room Masonry
Basement (Y/N) No
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N true
Above Grade Finished Area 1480
Half Baths 1
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 3
Heating-Heat Pump true
Heating-Natural Gas true
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General
Sewer Public Sewer
Heating Heat Pump Natural Gas
Cooling Electric
Utilities Electricity Connected Natural Gas Connected Propane Not Available Sewer Connected Water Connected
Possession Close Of Escrow Negotiable
Roof Composition
Appliances Cooktop Dishwasher Disposal Dryer Oven Range Refrigerator Trash Compactor Washer
HOA Fee 185
Association Fee Includes Sewer Snow Removal Trash
Patio/Porch Features Patio Rear Patio
Architectural Style Colonial
Construction Materials Brick Veneer
Year Built 1981
Levels Two
Unit Number 3
Property Subtype Townhouse
Parcel Number 10003010
Community Features Park
Assoc Fee Paid Per Monthly
County Fayette
New Construction N
Property Type Residential
Association Amenities Other
HOA true
Attached Garage false
Subdivision Name Downtown
Garage Y/N false
Other Structures Shed(s)
Total Rooms 9
Full Baths 2
Status Active
Directions From Main Street turn right on Jefferson turn right on West Short property on left.
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 2370
Carport Y/N false
Elementary School Harrison
Land Lease Y/N N
Home Warranty Y/N false
Middle/Junior High School Lexington Trad
MLS Area Minor 001 - Fayette County NW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Multi Family
Standard Status Active
Senior Community None
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Exterior
Exterior Amenities Other
Fencing Privacy Other
Parking Features Other Off Street
Water Source Public
Lot Size Area 0.05
Foundation Details Slab
Building Area Total 1480
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N false
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 541
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* Excluded Features
List By
Re/Max Elite Lexington

Broker

chagedorn@remax.net

Email

Affordability Calculator

$2,721
Per Month
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Monthly Principal & Interest
$2,721
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Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$394,000 -1.25% Price Down
9/10/2026$399,000 Listed Price

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541 W Short Street 3, Lexington, KY, 40507 is a Townhouse for sale at $394,000 with 1,480 sqft and a lot size of 0.05. 541 W Short Street 3 has 2 bedrooms, 2.1 baths, and was built in 1981. The property's zip code is 40507 which is in Lexington, KY