311 Madison Pl, Lexington, KY 40508

$615,000
5
BD
3
BA
3,109
SqFt

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Sold Price
$615,000
List Price
$639,900
Closing Date
May 13, 2026
MLS#
25507796
Status
CLOSED
Type
Multifamily
City
Lexington
Area
001 - Fayette County NW
County
Fayette
Bedrooms
5
Bathrooms
3
Living Area
3,109
Lot Size
5,915
Year Built
1895

Property Description

Beautiful 1895 Historic Home in Woodward Heights Historic District - 3 Separate Apartments - 3,109 Sq Ft. This stunning property offers the potential for an Airbnb or conversion back to a single-family home, allowing for flexibility in how you choose to use the space. Each apartment features its own private entrance, kitchen, full bathroom living area and a common laundry room for long-term tenants, or multi-generational living. Historic details such as tall ceilings, original wood flooring and woodwork, and large windows create a warm, inviting atmosphere in every unit. The property is conveniently located within walking distance to Rupp Arena, Gatton Park, downtown dining and shopping as well as with the University of Kentucky and Transylvania University. It also includes a unique backyard with brick paving which is perfect for outdoor relaxation or entertaining family and guests! Whether you continue as a profitable rental operation or reimagine for personal use, this property offers unlimited potential in a prime setting.

Additional Information

Acres
0.14
Living Area
3,109
Region
001 - Fayette County NW
Subdivision
Downtown
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Zoning
Other

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Listing courtesy of Lifstyl Real Estate. Selling Office: .