OFF MARKET

Off market feb 2016 for $725K

—

Studio

•

— ba

•

10,012

sq ft

1211 Richmond Rd, Lexington, KY 40502

About this home

Unique opportunity to own prime investment property in the heart of Ashland Park, only one block from the historic Henry Clay Estate, minutes from downtown, and the University of Kentucky. This beautiful, R-3 zoned condo building has 5 units in prime rental location and is completely occupied. It sits on a large corner lot and has 1 carport for each unit. The buliding has 3 stories and the 5 units include two 3-bedroom/1 bath units on the 1st and 2nd floors and a large penthouse, 2 bedroom/2 bath condo on the third floor. Laundry room in basement where washer dryer hookups are provided for each unit. Do not miss this great opportunity.

Multi-familyProperty Type

1924Year Built

0.32 acresLot Size

$72Price/Sq.Ft.

5 spacesParking

Listed by Kristin Ray • Lifstyl Real Estate

Bought with null member • Non-Member Office

Redfin checked: a minute ago

•Source:ImagineMLS #1525605

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 40502, KY

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.4%

1.2% MoM

Median sale price

$637K

$63K MoM

Avg. days on market

43d

7 days MoM

Recently sold homes

112

5 MoM

New listings for sale

OPEN TODAY, 1PM TO 3PM
$525,000
3 beds2 baths1,398 sq ft
734 Tremont Ave, Lexington, KY 40502
$879,900
3 beds2 baths2,264 sq ft
227 Mcdowell Rd, Lexington, KY 40502
$830,000
5 beds4 baths3,512 sq ft
108 Desha Rd Unit A, B, C, & D, Lexington, KY 40502
$792,000
4 beds4 baths3,654 sq ft
1515 Fontaine Rd, Lexington, KY 40502
$635,000
3 beds2 baths2,069 sq ft
3401 Nantucket Dr, Lexington, KY 40502
$1,295,000
4 beds3 baths3,823 sq ft
436 Lakeshore Dr, Lexington, KY 40502
$295,000
2 beds2.5 baths1,126 sq ft
119 Kentucky Ave Unit B, Lexington, KY 40502
$1,395,000
4 beds4.5 baths4,910 sq ft
609 Teakwood Dr, Lexington, KY 40502
$999,990
4 beds3.5 baths3,489 sq ft
331 Ridgeway Rd, Lexington, KY 40502
$675,000
3 beds2 baths2,117 sq ft
1108 Fincastle Rd, Lexington, KY 40502
See all

Provided by Redfin

Sale history for 1211 Richmond Rd

Tax history for 1211 Richmond Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

93 ft.

Lot depth

—

Lot size

0.32 Acres

Year renovated

—

Sq. Ft.

9,751

Year built

1924

Style

Multi-Family (5+ Unit)

County

Fayette County

APN

15710600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

R-3

Planned Neighborhood Residential Zone

The intent of this zone is to provide for medium density mixed residential development, including multi-family dwellings, group residential housing, compact housing types, attached and detached single family dwellings, and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should provide a variety of housing options rather than a single type. The medium density residential uses should be located along local and collector streets, with lower density residential uses located along local streets. Adequate multi-modal connections should be available to all residents, so to allow for long term viability and incremental growth. Low and Medium density residential land uses should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other

Property details

Interior

Heating & Cooling
Has Heating
Heating: Natural Gas

Multi-Unit Information
# of Units Total: 5

Exterior

Lot Information
Lot Size Square Feet: 13,939.21
Lot Size Acres: 0.32
Zoning Description: R-3

Property Information
Structure Type: Multi Family

Building Information
Building Area Total: 10,012

Financial

Tax Information
Parcel Number: 15710600

Location

Location Information
County Or Parish: Fayette
Directions: From downtown, Richmond Rd outbound, building is on the left on corner of Richmond Rd and Lincoln Ave.
Subdivision Name: Ashland Park

Public facts

Beds: —
Baths: —
Sq. Ft.: 9,751
Stories: —
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1924
Year Renovated: —
County: Fayette County
APN: 15710600

Home facts updated by county records on Sep 21, 2026

Around this home

Schools

Ashland Elementary School

Public K-5 • Assigned • 0.5mi

9/10

Lexington Middle School

Public 6-8 • Assigned • 1.4mi

5/10

Henry Clay High School

Public 9-12 • Assigned • 1.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lexington, KY • 40502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.2 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 40502

OPEN TODAY, 1PM TO 3PM

$525,000

3 beds2 baths1,398 sq ft

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Home values near 1211 Richmond Rd

Data from public records.

Address	Redfin Estimate
1302 Richmond Rd, Lexington, KY 6 Beds \| 5 Baths \| 6173 Sq. Ft.	$1,572,201
1201 Richmond Rd, Lexington, KY - Beds \| 1.5 Baths \| 2639 Sq. Ft.	$606,404

Address	Redfin Estimate
1207 Richmond Rd, Lexington, KY 5 Beds \| 3 Baths \| 3000 Sq. Ft.	$481,072
1305 Richmond Rd, Lexington, KY 4 Beds \| 1.5 Baths \| 2590 Sq. Ft.	$682,622

Address	Redfin Estimate
1135 Richmond Rd, Lexington, KY 5 Beds \| 4 Baths \| 4138 Sq. Ft.	$1,201,938
1209 Richmond Rd, Lexington, KY - Beds \| - Baths \| 3618 Sq. Ft.	$609,746

Property information provided by ImagineMLS when last listed in 2015. This data may not match . Learn more.

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