438 Elm Street Lexington, KY ^$ 650,000

438 Elm Street

^$ 650,000

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Open House 10/8 1pm - 3pm

438 Elm Street

Lexington, KY, 40508

^$ 650,000

Bedrooms8 Baths8.0 Sq 2,576

Monthly Estimate*

^$ 4,104

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Multi-Family Home for sale in Lexington, KY

for $650,000 with 8 bedrooms and 8 full baths. This 2,576 square foot home was built in 1962 on a lot size of 0.22.

ABSOLUTE AUCTION — SELLS TO THE HIGHEST BIDDER REGARDLESS OF PRICE! Offered at Live On-Site Absolute Auction with Simulcast Internet Bidding. Auction is on Monday, October 12, 2026 @ 12:00 PM (EST). Property sells AS-IS, WHERE-IS with no contingencies. Buyers premium will be added to the final bid price and non-refundable earnest money required. Auction will be held at The Campbell House Inn located at 1375 S Broadway, Lexington KY 40504. Investment property with eight, one bedroom apartments. Includes off street parking, great potential for rental income.

Open House

10/8/2026 1:00 PM - 3:00 PM

438 Elm Street 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

Multi-Family Active

Price

^$ 650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.22

Year Built

1962

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26025898

Features

General

Heating Electric Heat Pump

Cooling Electric Heat Pump

Utilities Electricity Connected Sewer Connected Water Connected

Possession Close Of Escrow

Roof Shingle

Zoning R-2

Year Built 1962

Property Subtype Apartment

Parcel Number 15509500

County Fayette

New Construction N

Property Type Residential Income

Attached Garage N

Subdivision Name Forest Hill

Full Baths 8

Status Active

Directions Georgetown Street to Elm Street

High School Dunbar

City Lexington

High School District Fayette County - 1

Zoning Description R-2

Number Of Units Total 8

MLS Area 002 - Fayette County NE

Lot Size Units Acres

Lot Size Square Feet 9701.0

Elementary School Booker T Washington

Land Lease Y/N N

Middle/Junior High School Winburn

MLS Area Minor 002 - Fayette County NE

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Multi Family

Standard Status Active

Senior Community None

Water Body Access Y/N None

Accessibility Features Y/N None

Exterior

Parking Features Paved

Total Parking 10.0

Lot Size Area 0.22

Number of Buildings 1

Building Area Total 2576.0

Lot Size Acres 0.22

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Air Conditioning Y/N Y

Heating Y/N Y

Half Baths 0

Total Bedrooms 8

Total Baths 8

Heating-Heat Pump True

Internal Only

Street Number 1 438

* Excluded Features

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$4,104

Per Month

Monthly Principal & Interest: $4,104
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Lexington, KY

Average List Price ^$477,030

Percent of Sale Price 27%

About Lexington, KY

309,571 Population

19% Since 2002

^$49,858 Median Income

34.93 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3289813 Elementary School

3292741 Middle School

Dunbar High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2026	$650,000		Listed Price

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438 Elm Street, Lexington, KY, 40508 is a Multi-Family Home for sale at $650,000 with 2,576 sqft and a lot size of 0.22. 438 Elm Street has 8 bedrooms, 8.0 baths, and was built in 1962. The property's zip code is 40508 which is in Lexington, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of Bluegrass REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bluegrass REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/5/2026.

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438 Elm Street

Multi-Family Home for sale in Lexington, KY

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