Walk into immediate cash flow! Unique investment opportunity near UK. Rental property stays rented and well maintained - 5 bed/2 bath PLUS 1 car detached garage. Back addition new in 2012! HVAC and water heater approx 2 years old. Roof is less than 10 years old. Updated kitchen cabinetry in 2011. Currently leased through Aug 2019. As-Is, inspections welcome.
Single-familyProperty Type
1931Year Built
9,000 sq ftLot Size
$203Est. Price/Sq.Ft.
1 car garageParking
Listed by Reena Reyes• Legacy Real Estate Firm
Bought with Teresa Blakeman• Lifstyl Real Estate
Source:ImagineMLS #1812980
Redfin Estimate
$410,941
$325K since sold in November 2022$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.2% higher than the average sale price ($406K) of 6 comparable homes.
Walk into immediate cash flow! Unique investment opportunity near UK. Rental property stays rented and well maintained - 5 bed/2 bath PLUS 1 car detached garage. Back addition new in 2012! HVAC and water heater approx 2 years old. Roof is less than 10 years old. Updated kitchen cabinetry in 2011. Currently leased through Aug 2019. As-Is, inspections welcome.
Public Records
Aug 21, 2012
Sold
$134,000
$66/sq ft
ImagineMLS #1203569
Feb 29, 2012
Sold
$115,000
$57/sq ft
Feb 27, 2012
Listed
$115,000
$57/sq ft
Feb 27, 2012
Listing Removed
—
Adorable bungalow in desirable location. Minutes to the University of Kentucky, Central Baptist Hospital, St. Joseph Hospital, U.K. Hospital, Lexington Clinic and downtown! GREAT location. All hardwood and ceramic tile flooring. Fenced back yard with composting bins and raised garden beds. 1 car detached garage. AWESOME deck - great for entertaining. Sunroom! So cute.
Year
Property tax
Land + Additions
Assessment*
2015
$2,001 (+1.8%)
2014
$1,965
Tax history for 228 Forest Park Rd
Year
Property tax
Land + Additions
Assessment*
2015
$2,001 (+1.8%)
2014
$1,965
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-1C
Single-Family Residential Zone
The intent of this zone is to provide for low density, single family detached residences 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 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-Single unit
Park & open space
Oct 11, 2012 • Final
Residential additions
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,378
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 9
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Hot Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Exterior Wall: Frame/Masonry
Building Type: Single Family
Property Information
Subdivision Name: FOREST PARK ADD
Living Sq. Ft: 2,027
Building Sq. Ft: 3,405
# of Stories: 1
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 352
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,000
Legal Lot Number: 18
Legal Block Number: F
Acres: 0.2066
Zoning Code: R-1C
County Use Description: R - SINGLE FAMILY DWELLING, PL
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,027
Stories: 1.0
Lot Size: 9,000 square feet
Style: Single Family Residential
Year Built: 1931
Year Renovated: —
County: Fayette County
APN: 22493500
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Picadome Elementary School
Public PreK-5 • Assigned • 0.7mi
5/10
Morton Middle School
Public 6-8 • Assigned • 1.4mi
7/10
Lafayette High School
Public 9-12 • Assigned • 0.5mi
10/10
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, 19 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 • 40503
Average low and high temperatures (°F)
37
20
47
28
65
41
72
50
74
55
85
65
89
71
84
65
81
61
70
49
57
41
46
32
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
Estimated sale price
$391,000 – $473,000
Reach more buyers when you sell with Redfin. Save up to $4,109 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.