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Contingent
  • Price cut: $50K (5/26)
    $799,000

    122 S Hanover Ave, Lexington, KY 40502

    4beds
    3,740sqft
    : 
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    Quadruplex
    Built in 1930
    -- sqft lot
    $766,300 Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Ashland Park stately brick 4-Plex investment or potential for individual ownership or make this a single family home! Convenient to Downtown, Chevy Chase, UK, Henry Clay Estate, Kenwick Table, local shops, restaurants and more.Each unit has hardwood floors, individual central heat/air, spacious closets, outside decks/porches, 3 garage spaces and driveway for at least 2 additional cars.First floor units1 & 2 have living room, bedroom and kitchen, front entrance and rear exits and front porch access.Second floor unit 3 has living room, formal dining room, large kitchen, bath, bedroom and access to the large deck off the rear, front entrance and rear exit. Second floor unit 4 has living room, kitchen and bath and the 3rd floor large bedroom and office area with deck off the rear. Property has 3 car garage, full shared basement with storage and laundry (Coin operated could be installed) Roof and garage doors are 5yrs old, 1 HVAC unit replaced 2025, rebuilt front porch roof 2026, exterior painted 2026. Property is in Historic H-1 overlay requiring approval for exterior changes.24-48 hr notice. All tenants would like to continue. Units 1 ($1000),2 ($1150),4 ($1300) are month to month. Unit 3 lease ends Sept 1, 2026.Rental amounts of units 3 and 4 are under typical market rent. Listing agent is owner.
    67 days
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    165
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Debra Fister 859-533-6594,

    United Real Estate Bluegrass

    Source: Imagine MLS,MLS#: 26010528MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric, Heat Pump
      Appliances
      • Laundry: Electric Dryer Hookup, Washer Hookup, Lower Level, Common Area
      Interior area
      • Total structure area: 3,740
      • Total interior livable area: 3,740 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: On Site, Paved, Open, Enclosed
      • Has uncovered spaces: Yes
      Lot
      • Size: 7,501 Square Feet
      Details
      • Parcel number: 13325900
      • Zoning: R-2
      • Zoning description: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Roof: Composition,Rubber
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Features: Park, Tennis Court(s), Pool, Pickleball
      • Subdivision: Ashland Park
      HOA
      • Amenities included: Other
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $535,000
      • Annual tax amount: $6,616
      • Date on market: 5/14/2026
      • Listing terms: 1031 Exchange,Cash,Conventional

        Estimated market value

        $766,300

        $728,000 - $805,000

        $1,964/mo

        Price history

        DateEventPrice
        6/2/2026Contingent$799,000$214/sqft
        Source: Imagine MLS #26010528 Report a problem
        5/26/2026Price change$799,000-5.9%$214/sqft
        Source: Imagine MLS #26010528 Report a problem
        5/14/2026Listed for sale$849,000+58.7%$227/sqft
        Source: Imagine MLS #26010528 Report a problem
        11/20/2020Sold$535,000+3.9%$143/sqft
        Source: Imagine MLS #20023239 Report a problem
        11/10/2020Pending sale$515,000$138/sqft
        Source: Bluegrass Sotheby's Int Realty #20023239 Report a problem
        11/7/2020Listed for sale$515,000+47.1%$138/sqft
        Source: Bluegrass Sotheby's Int Realty #20023239 Report a problem
        6/29/2012Sold$350,000$94/sqft
        Source: Imagine MLS #1202949 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,616 $535,000
        2023$6,616 -3.2%$535,000
        2022$6,834 $535,000
        2021$6,834 +30.3%$535,000 +30.3%
        2020$5,246 $410,700
        2019$5,246 $410,700
        2018$5,246 +4.9%$410,700
        2017$5,000 +59.6%$410,700 +17.3%
        2015$3,133 $350,000
        2014$3,133 $350,000 +25%
        2012$3,133 $280,000
        2011-- --
        2010-- --
        2009-- --
        2008-- $280,000
        2006-- --
        2005-- --
        2004-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Chevy Chase-Ashland Park

        Getting around

        81 / 100
        Very Walkable
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cassidy
        • Middle: Morton
        • High: Henry Clay

        Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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