OFF MARKET
OFF MARKET
$261,599
—
bd
•
— ba
•
—
sq ft

240 E Third St, Lexington, KY 40508

map-entry

About this home

240 E Third St is a multi-family home on a 5,642 square foot lot. Based on Redfin's Lexington data, we estimate the home's value is $261,599.
Multi-familyProperty Type
1880Year Built
5,642 sq ftLot Size
Source:Public Records

Redfin Estimate

$261,599
$0 since August

This home's estimate is 27.4% lower than the average sale price ($360K) of 6 comparable homes.

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Earn from this home

Sell
$244,498
Est. take-home

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Market trends in 40508, KY

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
97.0%

0.2% MoM

Median sale price
$285K

$63 MoM

Avg. days on market
47d

0 days MoM

Recently sold homes
55

4 MoM

New listings for sale

Provided by Redfin

Sale history for 240 E Third St

Tax history for 240 E Third St

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

Zoning and permits

B-2A

Downtown Frame Business Zone

The intent of this zone is to accommodate existing and proposed development in the transitional "frame," which surrounds the downtown core area, by providing for comparable and compatible uses while anticipating the future expansion of the downtown core area. Development within this zone should coordinate with adopted plans and studies, including corridor studies and streetscape plans. This zone should be located and developed within the Downtown Place-Type and 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:

  • Automotive sales
  • Gas station
  • General retail
  • Restaurant
  • Housing
  • Housing-Senior
  • Manufacturing
  • Hotel / motel
  • Office
  • Research & development

Property details

Around this home

Schools

Harrison Elementary School

Public K-5 • Assigned • 0.7mi

5/10
Lexington Middle School

Public 6-8 • Assigned • 0.2mi

5/10
Lafayette High School

Public 9-12 • Assigned • 2.4mi

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

1% 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 • 40508
Average low and high temperatures (°F)
37
21
47
29
64
41
72
50
74
55
85
65
90
71
86
65
82
61
71
49
58
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
$249,000 – $301,000

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Nearby similar homes

$279,000
4 beds2 baths1,595 sq ft
1601-1603 Maywick View Ln, Lexington, KY 40504
$250,000
4 beds3 baths2,296 sq ft
107 Ross St, Nicholasville, KY 40356
$320,000
2 beds2 baths1,008 sq ft
127 Lytle Way, Georgetown, KY 40324
$249,900
4 beds2 baths1,537 sq ft
136 Halls Ln #138, Lexington, KY 40504
$445,000
6 beds2 baths2,160 sq ft
270 Sherman Ave, Lexington, KY 40502
$329,000
4 beds2 baths2,135 sq ft
112 A-B Meadowlark, Nicholasville, KY 40356

New listings for sale in 40508

$320,000
3 beds2 baths1,663 sq ft
238 E Fourth St, Lexington, KY 40508
$323,900
3 beds2.5 baths1,704 sq ft
408 Cunningham Ln, Lexington, KY 40508
$144,900
2 beds1 bath— sq ft
478 Willy St, Lexington, KY 40508
$995,000
2 beds2.5 baths3,205 sq ft
128 E Third St, Lexington, KY 40508
$825,000
3 beds2 baths2,176 sq ft
724 Bullock Pl, Lexington, KY 40508
$1,000,000
4 beds2.5 baths3,550 sq ft
230 E Bell Ct, Lexington, KY 40508
$124,900
3 beds1 bath1,104 sq ft
353 Ohio St, Lexington, KY 40508
$124,900
2 beds1 bath1,332 sq ft
347 Ohio St, Lexington, KY 40508
$100,000
2 beds1 bath928 sq ft
436 Ohio St, Lexington, KY 40508

Home values near 240 E Third St

Data from public records.
Address
Address
Address
Property information provided by undefined .

More real estate resources

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