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For sale
  • $350,000

    200 W 2nd St Unit 201, Lexington, KY 40507

    2beds
    1,075sqft
    : 
    $2,844/mo
    Get pre-qualified
    Condominium
    Built in 1939
    -- sqft lot
    $328,000 Zestimate®
    $326/sqft
    $490/mo HOA

    What's special

    Dedicated basement storage spaceModern industrial finishesOpen-concept living and kitchenExpertly renovated loft buildingTall ceilingsStriking exposed brick throughoutTwo spacious bedrooms
    Welcome to Unit 201 at The Lofts at Gratz Park, where location isn't just a feature, it's the entire advantage. This 2-bed/2-bath modern industrial loft sits in the heart of historic Gratz Park, a National Register neighborhood with restored 19th-century character and active walkable streets. From your front door, Rupp Arena is an 11-minute walk, the UK Campus is 16 minutes on foot, and virtually everything that defines Lexington's downtown life - dining, nightlife, culture, shopping, and the Opera House falls within a 5-15 minute walk. Historic Gratz Park itself is steps away, offering green space and walking paths. The unit features an open-concept living and kitchen that flows seamlessly with tall ceilings and striking exposed brick throughout. Modern industrial finishes, large windows that flood the space with natural light, two spacious bedrooms, and two full baths tie the home together. Dedicated basement storage space provides practical convenience, and an interior elevator, a rare downtown amenity, makes daily living effortless. This expertly renovated loft building contains only 8 units total, avoiding the apartment complex feel while offering professional amenities including secure entry, building security cameras, closed-circuit video entry system, and keyless access. A private entry foyer adds privacy and character. 1 parking spot included in HOA fees through a city agreement with LexPark, an exceptional value for downtown living. Perfect for UK visitors, extended stays, downtown professionals, students, or anyone seeking true walkable urban living without compromise. This is downtown done right with character, convenience, and community all within walking distance.
    46 days
    503
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Sparrow 859-319-2629,

    ERA Select Real Estate

    Source: Imagine MLS,MLS#: 26019437MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      Primary bathroom
      • Level: First
      Bathroom 1
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Range
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Elevator, Ceiling Fan(s)
      • Flooring: Hardwood, Tile
      • Windows: Blinds
      • Basement: Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,075
      • Total interior livable area: 1,075 sqft
      • Finished area above ground: 1,075
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Has view: Yes
      • View description: Other
      Details
      • Parcel number: 38131170

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick Veneer
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Year built: 1939

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Downtown
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: Insurance, Trash, Other, Snow Removal, Maintenance Grounds
      • HOA fee: $1,470 quarterly
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $326/sqft
      • Tax assessed value: $315,000
      • Annual tax amount: $3,895
      • Date on market: 7/22/2026

        Estimated market value

        $328,000

        $312,000 - $344,000

        $1,890/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$350,000+11.1%$326/sqft
        Source: Imagine MLS #26019437 Report a problem
        10/17/2023Sold$315,000-3.1%$293/sqft
        Source: Imagine MLS #23017019 Report a problem
        9/11/2023Pending sale$325,000$302/sqft
        Source: Imagine MLS #23017019 Report a problem
        9/2/2023Listed for sale$325,000+177.8%$302/sqft
        Source: Imagine MLS #23017019 Report a problem
        1/26/2015Sold$117,000-52.2%$109/sqft
        Source: Public Record Report a problem
        5/29/2011Listing removed$244,900$228/sqft
        Source: Prudential A.S. de Movellan Real Estate #1005950 Report a problem
        9/3/2010Listed for sale$244,900-4%$228/sqft
        Source: Prudential A.S. de Movellan Real Estate #1005950 Report a problem
        11/5/2009Listing removed$255,000$237/sqft
        Source: Kentucky Real Estate Group #915611 Report a problem
        8/8/2009Listed for sale$255,000$237/sqft
        Source: Kentucky Real Estate Group #915611 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,895 $315,000
        2024$3,895 +31.2%$315,000 +31.3%
        2023$2,968 -3.2%$240,000
        2022$3,066 $240,000
        2021$3,066 $240,000
        2020$3,066 $240,000
        2019$3,066 $240,000
        2018$3,066 -1%$240,000 +2.1%
        2017$3,096 +17.7%$235,000
        2015$2,630 $235,000
        2014$2,630 $235,000
        2012$2,630 $235,000
        2011-- --
        2010-- --
        2009-- --
        2008-- $235,000
        2006-- --
        2005-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central Downtown

        Getting around

        89 / 100
        Very Walkable
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harrison
        • Middle: Lexington Trad
        • High: Lafayette

        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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