Listing provided courtesy of RE/MAX Elite Lexington- MLS# 26013380
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148 E Fourth StreetLexington, KY 40508
Multi-Family · 4 Beds · 2 Full Baths · 2,578 Sq. ft. | 0.12 Acres$440,000
Active
148 E Fourth Street Overview
- Time on Site:
- 20 days
- Visits:
- 0
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.
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148 E Fourth Street Facts & Features
- Type Multi-Family
- Sq. ft. 2,578
- Price/Sq.ft. $171
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: William Wells Brown
- Middle Or Junior School: Lexington Trad
- High School: Frederick Douglass
Income/Expenses
- Gross Scheduled Income: 31860.0
Building Information
- Year Built: 1890
Location/Region
- County Or Parish: Fayette
- MLS Area Major: 001 - Fayette County NW
- MLS Area Minor: 001 - Fayette County NW
- Subdivision Name: Downtown
General Information
- Listing Terms: 1031 Exchange,Conventional
- Parcel Number: 38293270
- Property Sub Type: Duplex
- Property Type: Residential Income
Interior
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total: 2
- Bedrooms Total: 4
Building Interior
- Building Area Total: 2578.0
General Information
- Laundry Features: Electric Dryer Hookup,Main Level,Washer Hookup,Upper Level
- Living Area: 2578.0
- Living Area Source: Public Records
- Stories Total: 2
Exterior
Parking Information
- Parking Features: Paved,Open
- Parking Total: 5.0
Lot Information
- Lot Size Acres: 0.117
- Lot Size Area: 0.12
- Lot Size Square Feet: 5097.0
- Lot Size Units: Acres
- Number Of Buildings: 1
Building Exterior/Construction
- Attached Garage: false
- Roof: Shingle
- Structure Type: Duplex
General Information
- Number Of Units Total: 2
- Number Of Units Vacant: 0
- Utilities: Electricity Connected,Sewer Connected,Water Connected
148 E Fourth Street Neighborhood
Community
40508 (Lexington) Demographics
23
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
2
Estimated Average Household Size
Schools
School data unavailable, 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.148 E Fourth Street Monthly Cost
148 E Fourth Street Market Data
Based on the last 30 days in this zip code
$374,690
Average List Price
$246
Average Price per Square Foot
14
Properties Sold
65
Average Days on Market
72
Properties for Sale
148 E Fourth Street History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: Imagine MLS/Bluegrass | $440,000 -5.4% |
|
| 6/10/2026Source: Imagine MLS/Bluegrass | June 10, 2026 |
|
| 8/12/2025Source: Imagine MLS/Bluegrass | August 12, 2025 |