185 Kentucky Ave, Lexington, KY, 40502
About This Home
185 Kentucky Avenue is wonderful investment opportunity! Located just across from Woodland Park, with beautiful treed views, and very convenient to Downtown Lexington, the University of Kentucky and the large employment center with three large hospitals and more! Each unit has a Living Room, Dining Room, Bedroom, walk in closet, and full Bath, plus an inviting covered front porch for watching the fun activities in the park. The stately brick building has been beautifully maintained with refinished hardwood floors, a new roof (2016), new HVAC systems (2001), new Kitchens, gas stoves, dishwashers, under counter lighting & refridgerators in each unit, (2003). The full Basement offer washer & dryer hook ups and lockable storage lockers for each unit! There is parking in back for each unit. All units are currently rented for $1100 or $1150 each. The charming character, convenient location and "ready to move in" condition make these units a very desirable choice. Plus for an added use and income potential, this building is zoned B-1. Shared driveway. Being Sold as is - Inspections Welcome.
Getting Around
Walker's Paradise
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Stone
- Roof: Composition,Membrane,Shingle
- Construction materials: Brick Veneer
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Range
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Entrance Foyer,Walk-In Closet(s)
- Window features: Storm Window(s),Blinds,Screens
- Flooring: Hardwood,Vinyl
- Finished area below ground: 0
- Finished area above ground: 3,636
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Zoned
- Cooling features: Central Air,Electric,Zoned
Interior Area
- Total structure area: 3,636
- Total interior livable area: 3,636 sqft
Kitchen
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 16810200
- Attached to another structure: Yes
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 0.25 Acres
- Features: Landscaped,Few Trees
Parking
- Parking features: Driveway,Off Street
- 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 | $4,095 | $49,140 |
| Home Insurance * | $246 | $2,952 |
| Property Taxes | $841 | $10,092 |
| Electricity | $287 | $3,445 |
| Total | $5,469 | $65,628 |
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 |
|---|---|---|
| 2026-08-09 | Pending sale | $810,000 |
| 2026-08-08 | Contingent | $810,000 |
| 2026-07-21 | Listed for sale | $810,000 |
| 2010-12-03 | Sold | $237,000 |
For Sale by Agent
View on Zillow