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.
For sale
$350,000
200 W 2nd St Unit 201, Lexington, KY 40507
2beds
1,075sqft
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
- 46 days
- 503
- 23
Zillow last checked:
Listing updated:
Listed by:
Dustin Sparrow 859-319-2629,
ERA Select Real Estate
Source: Imagine MLS,MLS#: 26019437
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
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $350,000+11.1%$326/sqft |
Source: | ||
| 10/17/2023 | Sold | $315,000-3.1%$293/sqft |
Source: | ||
| 9/11/2023 | Pending sale | $325,000$302/sqft |
Source: | ||
| 9/2/2023 | Listed for sale | $325,000+177.8%$302/sqft |
Source: | ||
| 1/26/2015 | Sold | $117,000-52.2%$109/sqft |
Source: Public Record Report a problem | ||
| 5/29/2011 | Listing removed | $244,900$228/sqft |
Source: Prudential A.S. de Movellan Real Estate #1005950 Report a problem | ||
| 9/3/2010 | Listed for sale | $244,900-4%$228/sqft |
Source: Prudential A.S. de Movellan Real Estate #1005950 Report a problem | ||
| 11/5/2009 | Listing removed | $255,000$237/sqft |
Source: Kentucky Real Estate Group #915611 Report a problem | ||
| 8/8/2009 | Listed for sale | $255,000$237/sqft |
Source: Kentucky Real Estate Group #915611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Central Downtown
Nearby schools
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.








