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
Listing Office: RE/MAX Elite Lexington
Last Updated: June - 14 - 2026
Information deemed reliable but not guaranteed.