124 Old Lafayette Ave, Lexington, KY, 40502
About This Home
Discover the perfect blend of historic charm, modern updates, and investment potential at 124 Old Lafayette Avenue. Located in Lexington's highly desirable 40502 area, this beautifully maintained home offers 2,134 square feet of inviting living space with 4 bedrooms and 3 full bathrooms. Inside, you'll find beautiful hardwood floors, abundant natural light, and timeless architectural character throughout. The updated kitchen and renovated bathrooms provide modern style and convenience while preserving the home's classic appeal. The spacious floor plan offers comfortable living with plenty of room to relax or entertain. Step outside to enjoy the large back patio, perfect for outdoor gatherings or quiet evenings, while the detached garage adds valuable storage and functionality. This property is also an exceptional turnkey investment opportunity, with tenants already in place through July 2027, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a future personal residence while generating income in the meantime, this home offers incredible flexibility. Conveniently located just minutes from the University of Kentucky, downtown Lexington, parks, shopping, dining, and entertainment, this property combines location, character, and long-term value.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Foundation: Stone
- Roof: Composition,Rubber
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Range
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bathroom1
- Level: First
Bathroom2
- Level: First
Bathroom3
- Level: Second
Bathroom4
- Level: Second
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Eat-in Kitchen,Ceiling Fan(s)
- Flooring: Carpet,Hardwood,Tile
- Number of fireplaces: 1
- Fireplace features: Masonry,Master Bedroom
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,134
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 2,134
- Total interior livable area: 2,134 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Utility Room
- Level: First
Property
Details
- Parcel number: 11133300
Features
- Levels: One and One Half
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 6,621 sqft
- Features: Few Trees
Parking
- Total spaces: 1
- Parking features: Detached Garage,Driveway,Garage Door Opener,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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 | $3,615 | $43,380 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $742 | $8,904 |
| Electricity | $168 | $2,022 |
| Total | $4,742 | $56,904 |
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 |
|---|---|---|
| 2026-07-21 | Listed for sale | $715,000 |
| 2023-07-19 | Sold | $467,500 |
| 2023-07-11 | Contingent | $499,000 |
| 2023-05-31 | Listed for sale | $499,000 |
| 2022-07-16 | Listing removed | -- |
| 2022-05-22 | Price change | $550,000 |
| 2022-04-29 | Listed for sale | $600,000 |
| 2020-01-01 | Listing removed | $450,000 |
| 2019-10-19 | Price change | $450,000 |
| 2019-10-05 | Price change | $460,000 |
| 2019-09-21 | Price change | $475,000 |
| 2019-07-02 | Listed for sale | $495,000 |
| 2018-06-25 | Sold | $171,407 |
View on Zillow