For sale

$990,000

137 Locust Ave, Lexington, KY 40505

3beds

1,000sqft

$6,722/mo

Get pre-qualified

Single Family Residence

Built in 1916

6,751 Square Feet Lot

$-- Zestimate^®

$990/sqft

$-- HOA

What's special

SEVEN-PROPERTY INVESTMENT PACKAGE, SOLD TOGETHER FOR $990,000. Expand your rental portfolio with seven Lexington properties offering 19 total bedrooms and combined monthly rent of $8,345. The package includes 222 W Sixth Street, 810 Maple Avenue, 342 E Second Street, 137 Locust Avenue, 458 Morgan Avenue, 433 Morgan Avenue, and 431 Morgan Avenue. The listed address represents one property within the package, and the asking price includes all seven. The rent roll is available in the listing documents, with photos of all seven properties included in the photo gallery. Properties are not offered individually. Properties are not offered individually. With this being a package, showings will only be available for seriously interested buyers.

6 days
215
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First

Kitchen

Level: First

Heating

Electric, Forced Air, Natural Gas

Cooling

Central Air, Electric

Features

Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft
Finished area above ground: 1,000
Finished area below ground: 0

Property

Lot

Size: 6,751 Square Feet

Details

Parcel number: 46062750

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding, Wood Siding
Foundation: Block

Condition

Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: Castlewood Park

HOA

Has HOA: No

Location

Region: Lexington

Financial & listing details

Price per square foot: $990/sqft
Tax assessed value: $82,000
Annual tax amount: $1,007
Date on market: 10/14/2026
Listing terms: Owner Will Carry

Estimated market value

Not available

Estimated sales range

Not available

$1,576/mo

Price history

Date	Event	Price
10/14/2026	Listed for sale	$990,000+1700%$990/sqft
Source: Imagine MLS #26028459 Report a problem
2/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/21/2022	Price change	$1,245-3.9%$1/sqft
Source: Zillow Rentals Report a problem
11/22/2022	Price change	$1,295-7.2%$1/sqft
Source: Zillow Rental Network Premium Report a problem
10/31/2022	Listed for rent	$1,395+69.1%$1/sqft
Source: Zillow Rental Network Premium Report a problem
12/23/2019	Sold	$55,000-15.4%$55/sqft
Source: Public Record Report a problem
1/25/2019	Sold	$65,000-13.3%$65/sqft
Source: Public Record Report a problem
12/27/2018	Listed for sale	$75,000+150%$75/sqft
Source: Milton and Associates Real Est #1827998 Report a problem
8/1/2018	Listing removed	$825$1/sqft
Source: Eckman Properties, LLC Report a problem
6/18/2018	Listed for rent	$825$1/sqft
Source: Eckman Properties, LLC Report a problem
2/3/2017	Listing removed	$825$1/sqft
Source: Eckman Properties, LLC Report a problem
2/1/2017	Listed for rent	$825$1/sqft
Source: Eckman Properties, LLC Report a problem
8/11/2016	Sold	$30,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,007	$82,000
2024	$1,007 +36.7%	$82,000 +36.7%
2023	$737 -3.2%	$60,000
2022	$761	$60,000
2021	$761 +9.1%	$60,000 +9.1%
2020	$697 -15.4%	$55,000 -15.4%
2019	$824 +116.7%	$65,000 +116.7%
2018	$380 +5%	$30,000
2017	$362 +8.8%	$30,000
2015	$333	$30,000
2014	$333	$30,000
2012	$333	$30,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$30,000
2006	--	--
2005	--	--
2004	--	--