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209 Simpson Ave Building 3-201, Lexington, KY, 40504

3beds
2baths
1,025sqft
$220,000
$215price/sqft
$1,508/moest. monthly cost
$60,320/yrincome needed

About This Home

3 bedrooms, 2 full baths, and an unbeatable location near the University of Kentucky—all for just $220,000! This move-in ready Campus Downs condo offers exceptional value with recent paint, updated bathrooms, and a clean, modern interior that's ready for its next owner. The open-concept layout creates a comfortable space for everyday living, entertaining, or a flexible roommate-style floor plan. The spacious primary suite features a walk-in closet and private en-suite bath, while two additional bedrooms provide plenty of room for guests, a home office, or other flexible living needs. Step outside to your private balcony and enjoy the convenience of exterior maintenance, landscaping, and snow removal included through the HOA. Located just minutes from the University of Kentucky, UK HealthCare, downtown Lexington, shopping, restaurants, and entertainment, this home combines low-maintenance living with outstanding convenience. Whether you're searching for a primary residence, a second home, or an investment opportunity, this well-maintained condo is one you won't want to miss. Buyer to verify schools, square footage, and HOA/property management information.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
81
BikeVery Bikeable

Schools

5/10
7/10
Morton Middle SchoolGrades 6-81.6 mi
10/10
Lafayette High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Eat-in Kitchen,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Other,Tile,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,025

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,025
  • Total interior livable area: 1,025 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: 10056950

Features

  • Levels: One
  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Features: Many Trees

Parking

  • Parking features: Off Street,Other

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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,112$13,344
Home Insurance *$89$1,068
Property Taxes $153$1,836
Electricity $154$1,850
Total$1,508$18,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,702/yr
40% on housing$45,240/yr
45% on housing$40,213/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

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.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 40504$153
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40504$181
Fayette County$186

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

DateEventPrice
2026-07-27Price change$220,000
2026-07-01Price change$240,000
2026-06-19Price change$250,000
2026-05-28Listed for sale$259,900

For Sale by Agent

AgentHeather Flanagan
BrokerageKeller Williams Legacy Group

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