




541 W Short St APT 3, Lexington, KY, 40507
About This Home
Incredible downtown location! Opera House Square is a gated community nestled in the heart of downtown and embodies the perfect blend of comfort, privacy, and convenience. Walk to downtown's best shopping, dining, and entertainment including Rupp Arena, Farmer's Market, The Opera House, Thursday Night Live, etc. First Floor living in this 2-story townhome includes a generous living room with a gas fireplace and built-in book cases, kitchen with a breakfast bar, dining room, & a half bath. Upstairs are two bedroom suites, each with a full bath; and a landing laundry area. The brick walled-patio off the living room assures outdoor privacy and security right in the heart of downtown Lexington! There's also a small shed for extra storage. This townhome is one of only a hand full in Opera House Square that is separated from adjacent units by concrete block walls, enhancing fire protection and eliminating sound.
Getting Around
Schools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick Veneer
Type & Style
- Home type: Townhouse
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dryer,Disposal,Dishwasher,Refrigerator,Trash Compactor,Washer,Cooktop,Oven,Range,Vented Exhaust Fan
- Laundry features: Electric Dryer Hookup,Washer Hookup,Upper Level
Bathroom1
- Level: First
Bathroom2
- Level: Second
Bathroom3
- Level: Second
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: First
Features
- Breakfast Bar,Entrance Foyer
- Window features: Insulated Windows
- Flooring: Carpet,Ceramic Tile,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room,Masonry
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,480
Heating & Cooling
- Heating features: Heat Pump,Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Kitchen
- Level: Second
Living Room
- Level: First
Master Bedroom
- Level: First
Master Bedroom
- Level: Second
Property
Details
- Parcel number: 10003010
Features
- Levels: Two
- Exterior features: Other
- Fencing: Other,Privacy
Lot
- Lot size: 2,369 sqft
Parking
- Parking features: 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
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Winter Weather
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 | $2,017 | $24,204 |
| Home Insurance * | $97 | $1,164 |
| Property Taxes | $418 | $5,016 |
| Electricity | $154 | $1,850 |
| Total | $2,686 | $32,232 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $429,000 |
| 2025-06-27 | Listing removed | $2,200 |
| 2025-02-18 | Listed for rent | $2,200 |
| 2019-11-25 | Listing removed | $1,600 |
| 2019-08-28 | Listed for rent | $1,600 |
| 2018-06-03 | Listing removed | $1,500 |
| 2018-05-09 | Price change | $1,500 |
| 2018-04-17 | Listing removed | $269,000 |
| 2018-04-17 | Listed for rent | $1,600 |
| 2018-01-27 | Listing removed | $1,600 |
| 2018-01-27 | Price change | $269,000 |
| 2018-01-21 | Listed for rent | $1,600 |
| 2017-10-26 | Listed for sale | $279,000 |
| 2017-10-16 | Listing removed | $1,600 |
| 2017-08-17 | Listed for rent | $1,600 |
| 2017-08-17 | Listing removed | $289,000 |
| 2017-07-25 | Price change | $289,000 |
| 2017-04-27 | Listed for sale | $299,000 |
| 1986-10-03 | Sold | $93,300 |
