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148 E Fourth Street, Lexington, KY 40508
New Listing
$465,000
Property Type:
Residential Income
Bedrooms:
4
Baths:
2
Square Footage:
2,578
Lot Size (sq. ft.):
5,097
Status:
Active
Current Price:
$465,000
List Date:
6/10/2026
Last Modified:
6/14/2026
Description
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.
Supplements: ********
More Information MLS# 26013380
Listing Information
Comp Sale YN: No
Property Sub Type: Duplex
Address
Zip +4: 1430
Directions: Main Street to Limestone, north on Limestone, right on 4th street, up the hill, Access to Parking is from shared driveway on left side of Yellow Duplex (152 E 4th).
Parcel Number: 38293270
County: Fayette
Street Number: 148
Street Direction Prefix: E
Street Name: Fourth
Street Suffix: Street
State: KY
Zip Code: 40508
Contract
Start Showing Date: 2026-06-10
Listing Agreement: Exclusive Right To Sell
Owner Name: Multi-Unit/Multi-Family Residential
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 3974358.97
List Price/SqFt: 180.37
Current Price: $465,000
Original List Price: 465000
Status: Active
Listing Contract Date: 2026-06-10
List Price: $465,000
Tax & Legal
Elementary School: William Wells Brown
Middle Or Junior School: Lexington Trad
High School: Frederick Douglass
Tax Rate: 1.27
Zoning Description: R4
Association/Community
Number Of Buildings: 1
Number Of Units Total: 2
Interior
Living Area: 2578
Living Area Source: Public Records
Bathrooms Half: 0
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Parking Information
Parking Total: 5
Building
Stories Total: 2
Accessibility Features YN: No
Year Built: 1890
Lot
Lot Size Acres: 0.117
Lot Size Square Feet: 5097
Utilities
Cooling YN: Yes
Heating YN: Yes
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Remarks
Public Remarks: Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Electric: 1
Laundry Features
Electric Dryer Hookup: 1
Main Level: 1
Upper Level: 1
Washer Hookup: 1
Listing Terms
1031 Exchange: 1
Conventional: 1
Parking Features
Open: 1
Paved: 1
Possession
Close Of Escrow: 1
Rental Agreement: 1
Roof
Shingle: 1
Structure Type
Duplex: 1
Building and Property Details
Age of Roof: 2022
Income and Expenses
Gross Scheduled Income: 31860
Showing Requirements
Call Listing Agent: 1
No Sign: 1
Restricted Hours: 1
Showing Service: 1
Showing Information
Showing Instructions: 48 hour notice. Please do not disturb tenants, please do not go to property without prior notice and approval. Call listing agent or schedule on showing assist. Can be purchased with neighboring duplex. Lock box is on fence along entry driveway.
Status Change Information
Status Change Timestamp: 2026-06-10
Tax Legal
MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown
High School District: Fayette County - 1
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Electric
Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup
Listing Terms: 1031 Exchange; Conventional
Parking Features: Open; Paved
Possession: Close Of Escrow; Rental Agreement
Roof: Shingle
Structure Type: Duplex
Showing Requirements: Call Listing Agent; No Sign; Restricted Hours; Showing Service
Documents
Listing Office:
RE/MAX Elite Lexington
Last Updated: June - 14 - 2026
Information deemed reliable but not guaranteed.


Sellers Disclosure Of Property Condition ›