Listing provided courtesy of Keller Williams Bluegrass Realty- MLS# 26003926

512 Willy StreetLexington, KY 40508

Vacant Land · 0.05 Acres

$37,000 Active

512 Willy Street Overview

Time on Site:: 119 days
Visits:: 2

Downtown Lexington Location! Don't miss this rare opportunity to build in one of Lexington's ideal locations near Transylvania University, downtown Lexington, the popular Distillery District, and Rupp Arena, this residential lot places you right in the heart of it all. Just minutes from Gatton Park, Jefferson Street, 6th Street breweries, local restaurants, and entertainment, you'll love the walkability and energy this location offers. Whether you're looking to build your home or invest in Lexington's growing market, this property presents incredible potential. You won't want to miss this opportunity to invest and build on this property. Make your appt today and start building!

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512 Willy Street Facts & Features

Type Vacant Land
Lot 0.05 Acres

Details

General

Business Information

Current Use: Residential

Location/Region

County Or Parish: Fayette
MLS Area Major: 004 - Fayette County SW
MLS Area Minor: 004 - Fayette County SW
Subdivision Name: Downtown

General Information

Parcel Number: 11712900
Possible Use: Residential
Property Sub Type: Unimproved Land
Property Type: Land
Zoning: R-1A

Interior

Beds/Baths

Bathrooms Total: 0

Exterior

Lot Information

Lot Features: Cleared,Level
Lot Size Square Feet: 2065.0
Lot Size Units: Acres
Number Of Lots: 1
Elevation Units: Feet

512 Willy Street Neighborhood

Community

40508 (Lexington) Demographics

Median Age

6,152

Population Density (per sq. mile)

41%

College Educated

$28,850

Estimated Median Income

2,697

Estimated Total Home Owners

6,918

Estimated Total Renters

28% / 72%

Estimated Owner / Renter Divide

Estimated Average Household Size

Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

512 Willy Street Monthly Cost

Estimated Monthly Cost*

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

Property Taxes (annual)

Home Insurance (annual)

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

512 Willy Street Market Data

Based on the last 30 days in this zip code

$374,690

Average List Price

$246

Average Price per Square Foot

Properties Sold

Average Days on Market

Properties for Sale

Calculations provided by Reliance Network

512 Willy Street History

Date	Event	Value
5/11/2026Source: Imagine MLS/Bluegrass	Price Reduction	$37,000 -12.9%
5/6/2026Source: Imagine MLS/Bluegrass	Price Reduction	$42,500 -14.8%
3/3/2026Source: Imagine MLS/Bluegrass	Added to Database	March 03, 2026

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