Downtown Homes with Finished Basement

Downtown Homes with Finished Basement

Welcome to Downtown, Kentucky – a vibrant and dynamic subdivision that perfectly blends urban convenience with a welcoming community atmosphere. Nestled in the heart of the Bluegrass State, Downtown offers residents the best of both worlds: the excitement of city living paired with the charm of a tight-knit neighborhood.

One of the standout features of homes in this area is the availability of properties with finished basements. These versatile spaces provide homeowners with endless possibilities, whether you're looking to create a cozy family room, a home office, or even a guest suite. The finished basements in Downtown homes are designed to maximize both functionality and comfort, making them perfect for entertaining friends or enjoying a quiet night in.

The Downtown subdivision is also known for its accessibility to local amenities. Residents can enjoy a variety of restaurants, shops, and parks, all within walking distance. The vibrant arts scene and community events add to the charm, making it easy to connect with neighbors and foster lasting friendships.

Families will appreciate the proximity to quality schools, while professionals will benefit from the easy commute to nearby business districts. Whether you’re a first-time homebuyer or looking to upgrade, the homes in Downtown with finished basements offer a unique opportunity to enjoy a stylish and practical lifestyle in one of Kentucky's most desirable areas.

Come explore Downtown, where your dream home awaits!

Newest Downtown Homes with Finished Basement

$1,150,000
5 Beds 6 Baths 26021450 MLS
Rarely does a Lower Town home combine historic character, luxury updates, exceptional entertaining spaces, and income potential with a separate apartment, so beautifully. This is a truly special opportunity to own one of the neighborhood's finest homes. This Victorian will exceed your expectations with tall ceilings, rich hardwood floors, stained glass windows, functioning pocket doors, abundant natural light, and thoughtful updates that create a home that is both timeless and effortlessly livable. A welcoming front porch leads into a grand foyer and staircase. Beyond, the living room is open to the kitchen and dining designed for both everyday living and unforgettable gatherings. The spectacular dining room addition comfortably seats 12 and flows seamlessly into the beautifully remodeled kitchen featuring generous workspace with double ovens, a large walk-in pantry, and a conveniently located first-floor laundry room. The luxurious first-floor primary suite offers a private retreat complete with its own fireplace and a spa-inspired ensuite bath featuring an incredible 12-jet walk-in shower. Unique architectural details and one-of-a-kind spaces make this home truly unforgettable. Descend to the hidden speakeasy-style wine cellar with its cozy fireplace—an entertainer's dream. Upstairs, hidden bookcases add charm, character, and clever storage, while the 4 generously sized bedrooms offer large closets, beautiful views, and all the timeless appeal expected in a historic Victorian. In addition, there is a 2nd floor bonus room with coffee bar. A modern twist providing comfort to large families or guests. Step outside to your own private backyard oasis featuring an outdoor fireplace, kitchen prep area, and inviting spaces for dining, relaxing, and entertaining beneath the stars. Adding even more value is the detached three-car garage with a private one-bedroom apartment above, currently producing approximately $2,400 per month in rental income. Whether you're looking for supplemental income, guest accommodations, a home office, or multigenerational living, this flexible space is an exceptional bonus. From peaceful mornings on the front porch to elegant dinner parties, evenings gathered around the fire, and the financial benefit of an income-producing apartment, this remarkable property offers a lifestyle that's difficult to replicate.

321 N 8th St, Paducah

$480,000
1 Beds 1 Baths 26017728 MLS
Unique, elegant condo in the heart of downtown Lexington offering a refined blend of modern luxury and artistic design. The Great Room showcases a distinctive fireplace that seamlessly connects to the Kitchen. At the same time, a sparkling silver handmade crystal chandelier serves as a stunning focal point, casting sophisticated, ambient light throughout the space. The Kitchen is thoughtfully appointed with upgraded appliances, including a convection oven/range, dishwasher, microwave, disposal, wine cooler, and refrigerator. Custom cabinetry, rich leather, granite countertops, and porcelain flooring elevate both style and functionality, all enhanced by carefully curated designer lighting. All closets were completed by Closets By Design. Just off the hallway, you'll find a full bath with a walk-in shower and a spacious walk-in closet featuring convenient washer/dryer connections. At the end of the hall, the sunken Primary Bedroom offers a serene retreat, highlighted by contemporary Swarovski crystal pendant lighting that adds a touch of modern glamour. A carpeted stairway leads to the lower level, where additional versatile space includes an Exercise Room, cedar-lined walk-in closet, and a dedicated Office Area—perfect for work or relaxation. Despite its prime downtown location, this condo offers a quiet living environment. Additional highlights include access to a communal parking garage with a door opener and a courtyard with park benches for outdoor leisure. Owners can add furniture and a grill to the courtyard. The condo has been fully gutted and meticulously renovated with high-end finishes throughout, creating a truly one-of-a-kind residence. Ideally located within walking distance to University of Kentucky games, fine dining, museums, parks, the Lexington Opera House, Duncan Park, and Thursday Night Live, this home offers the very best of downtown living.

514 W Short St Unit 103, Lexington

$3,790,000
26008699 MLS
Highly Visible Downtown Office Space or amazing redevelopment opportunity. Position your brand at the center of it all. This iconic office building offers a rare combination of high-profile visibility and unparalleled convenience in the heart of downtown Lexington.Designed for firms that value both prestige and practicality, this property ensures your team and your clients are always exactly where they need to be. Situated on a high-traffic corridor, the building's striking architecture provides a "billboard effect" for your business, capturing the attention of thousands of commuters and pedestrians daily. Onsite Private Parking: Say goodbye to the downtown "parking hunt." This building features a dedicated onsite parking lot, providing seamless access for employees and a premium, stress-free experience for visiting clients.Walkable Urban Lifestyle: Step out the front door and into Lexington's vibrant core. You are minutes away from the District Courts, City Hall, and the city's finest dining, coffee shops, and banks. Building consists of 24 offices 8 half baths, 2 break areas, 1 training room, Server Room, File room, 2 copy rooms and a reception area. Don't miss the opportunity to occupy one of the most recognizable professional hubs in Central Kentucky. Whether you are a growing tech firm, an established law practice, or a creative agency, this building offers the identity and infrastructure required for your next chapter of growth.

277 E High St, Lexington

$299,900
26011738 MLS
Positioned in the heart of downtown Lebanon, this unique 3,600 sq. ft. mixed-use property is packed with opportunity and flexibility for entrepreneurs, investors, and growing businesses alike. The main commercial portion offers approximately 3,000 sq. ft. of adaptable space featuring a welcoming reception area, kitchen area, two fully finished bathrooms, and an open layout ready to accommodate retail, office, studio, restaurant, event, or creative business concepts. The layout and existing reception setup also make this property especially well-suited for a dental office, medical practice, wellness clinic, or other professional service business. The front of the property is already configured for drive-through capability, adding tremendous value and potential for customer-focused operations such as coffee shops, cafés, pharmacies, or quick-service businesses. An additional 600 sq. ft. one-bedroom, one-bath apartment provides even more versatility with a fully finished kitchen and private rear exterior entrance — ideal for rental income, Airbnb use, owner occupancy, or employee housing. Situated on a spacious 0.27-acre lot, the property also features abundant rear parking, garage/storage space, and the potential to easily convert the garage into an inviting indoor/outdoor entertaining or business area. With excellent Main Street visibility, flexible functionality, and room to customize, this property presents a rare chance to bring your vision to life in one of Central Kentucky's thriving downtown communities. Seller is willing to consider build-to-suit improvements for qualified buyers, with pricing to be adjusted accordingly based on customization requests.

325 W Main St, Lebanon

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