Listing provided courtesy of Kentucky Residential Real Estate, LLC- MLS# 26010324MLS Provider

502 W Lexington AvenueWinchester, KY 40391

Multi-Family · 4 Beds · 2 Full Baths · 3 Half Baths · 4,798 Sq. ft. | 0.18 Acres
$350,000 Active

502 W Lexington Avenue Overview

Time on Site:
53 days
Visits:
0

Investment opportunity in the heart of Winchester! Brick Triplex featuring a main level, high visibility commercial space with Lexington Avenue frontage and two apartments on the upper level! Each apartment has two bedrooms, one bath. One unit has been recently remodeled, the other has potential for value add. The flexible commercial space contains 3 half baths. Laundry hook-ups in all 3 units! Basement for extra storage room with freight elevator. Two new HVAC units and a new roof within the last 2 years! Approximately 16 parking spaces. All 3 units are currently occupied.

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502 W Lexington Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,798
  • Price/Sq.ft. $73
  • Lot 0.18 Acres

Details

General

School Information

  • Elementary School: Justice
  • Middle Or Junior School: Robert Campbell
  • High School: GRC

Income/Expenses

  • Gross Income: 3425.0

Building Information

  • Year Built: 9999

Location/Region

  • County Or Parish: Clark
  • MLS Area Major: 007 - Clark County
  • MLS Area Minor: 007 - Clark County
  • Subdivision Name: Downtown

General Information

  • Parcel Number: 054-1014-003-00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 3
  • Bathrooms Total: 5
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 4798.0

General Information

  • Living Area: 4798.0
  • Living Area Source: Listing Agent Measured
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 16.0

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Roof: Flat
  • Structure Type: Triplex

General Information

  • Number Of Units Total: 3
  • Number Of Units Vacant: 0
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

502 W Lexington Avenue Neighborhood

Community

40391 (Winchester) Demographics

42
Median Age
148
Population Density (per sq. mile)
29%
College Educated
$54,868
Estimated Median Income
9,955
Estimated Total Home Owners
4,479
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

502 W Lexington Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

502 W Lexington Avenue Market Data

Based on the last 30 days in this zip code

$430,589
Average List Price
$197
Average Price per Square Foot
29
Properties Sold
114
Average Days on Market
181
Properties for Sale
Calculations provided by Reliance Network

502 W Lexington Avenue History

Date Event Value Agent
6/17/2026Source: Imagine MLS/Bluegrass Price Reduction
$350,000 -2.8%
5/8/2026Source: Imagine MLS/Bluegrass Added to Database
May 08, 2026