




304-306 Ridgeway Rd, Lexington, KY, 40502
About This Home
Rare opportunity to own a beautifully updated triplex in Lexington's highly sought-after Chevy Chase neighborhood. 304-306 Ridgeway Drive features three 1BR/1BA units and is being sold partially furnished. Ideally located just steps from the University of Kentucky, downtown Lexington, UK HealthCare, restaurants, shopping, and entertainment. With thoughtful updates and an unbeatable location, this property offers incredible flexibility and a unique opportunity to own in one of Lexington's most desirable areas.
Getting Around
Schools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Brick Veneer
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Refrigerator,Washer,Oven,Range
- Laundry features: Electric Dryer Hookup,Washer Hookup,Lower Level,Upper Level,Common Area
Basement
- Has basement: Yes
- Basement: Concrete,Interior Entry,Unfinished,Walk-Out Access,Walk-Up Access
Bathroom1
- Level: First
Bathroom2
- Level: First
Bathroom2
- Level: Second
Bathroom3
- Level: Second
Bedroom1
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
Dining Room
- Level: First
Features
- Ceiling Fan(s)
- Flooring: Hardwood,Vinyl
- Number of fireplaces: 2
- Fireplace features: Family Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,244
Heating & Cooling
- Heating features: Forced Air,Heat Pump
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
Kitchen
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Living Room
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 14305950
- Attached to another structure: Yes
Features
- Levels: One and One Half
Lot
- Lot size: 7,492 sqft
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Winter Weather
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,665 | $43,980 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $752 | $9,024 |
| Electricity | $177 | $2,126 |
| Total | $4,814 | $57,768 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $715,000 |
| 2026-07-23 | Listed for sale | $725,000 |
For Sale by Agent
