223 E Loudon Ave, Lexington, KY 40505

Property Description

Investors and owner-occupants alike will appreciate the versatility and rental potential of this property, especially with the separate upstairs living space and prime location near Downtown Lexington. A new roof and gutters were installed in 2026, per the seller. This recently updated home is just minutes from Greyline Station, Rupp Arena, and all that Downtown Lexington has to offer. The main level has everything you need, including 2 bedrooms, 1 full bath, a separate utility room plus a beautifully renovated kitchen featuring stainless steel appliances, a gas range, quartz countertops and more. Upstairs, you'll find a separate living space with kitchenette and full bath, along with 2 additional bedrooms- a setup that could work wonderfully as a rental or in-law suite with its separate entrance, or additional private living space. And don't miss the large backyard- a shady, private oasis that's hard to find this close to downtown! With historic charm, functional living spaces, potential income opportunities, and a location close to dining, entertainment, shopping, and downtown attractions, this property offers so many possibilities and plenty of potential. Don't miss it!