Charming Duplex in Prime Location - Investment or Live-In Opportunity! Discover this beautifully maintained duplex offering identical units, both featuring 2 bedrooms and 1 full bath. Each side features gorgeous hardwood floors, a spacious living room a fireplace with gas logs, formal dining room, kitchen with lots of cabinets and countertop space plus a shared 2-car detached garage. Each side has its own driveway and backyard. The laundry room is in the basement which offers tons of storage and also walks up to the back patio area. Each side has its own private attic area, again great storage or could be finished to allow for a great bonus room. Situated in a fantastic location just steps from Ashland Park and minutes from downtown, enjoy strollable access to top-rated restaurants, shopping, and entertainment. Perfect for owner-occupants or savvy investors - don't miss this opportunity!
Sold for $515,000
$515,000
204-206 Preston Ave, Lexington, KY 40502
4beds
2,386sqft
Duplex
Built in 1951
-- sqft lot
$524,900 Zestimate®
$216/sqft
$2,130 Estimated rent
Home value
$524,900
$488,000 - $567,000
$2,130/mo
Zestimate® history
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$3,154/mo
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List your homeWhat's special
Gorgeous hardwood floorsFormal dining roomOwn driveway and backyard
Zillow last checked:
Listing updated:
Listed by:
Cathy Cornett-Wilson 859-983-0734,
Rector Hayden Realtors
Bought with:
Crystal Towe, 211989
The Real Estate Group
Source: Imagine MLS,MLS#: 25501360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Interior area
- Total structure area: 2,386
- Total interior livable area: 2,386 sqft
Property
Parking
- Total spaces: 610
- Parking features: Paved
Lot
- Size: 0.26 Acres
Details
- Parcel number: 43129850
- Zoning description: R-2 - TWO-FAMILY RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Kenwick
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $240,000
- Annual tax amount: $2,968
- Date on market: 9/29/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $515,000-1.9%$216/sqft |
Source:  Imagine MLS #25501360 Report a problem | ||
| 11/12/2025 | Pending sale | $525,000$220/sqft |
Source:  Rector Hayden Realtors #25501360 Report a problem | ||
| 11/12/2025 | Contingent | $525,000$220/sqft |
Source: Imagine MLS #25501360 Report a problem | ||
| 9/29/2025 | Listed for sale | $525,000$220/sqft |
Source: Imagine MLS #25501360 Report a problem | ||
| 9/19/2025 | Pending sale | $525,000$220/sqft |
Source: Rector Hayden Realtors #25501360 Report a problem | ||
| 9/19/2025 | Contingent | $525,000$220/sqft |
Source: Imagine MLS #25501360 Report a problem | ||
| 9/15/2025 | Listed for sale | $525,000+132.7%$220/sqft |
Source: Imagine MLS #25501360 Report a problem | ||
| 7/1/2009 | Sold | $225,600$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,968 | $240,000 |
| 2023 | $2,968 -3.2% | $240,000 |
| 2022 | $3,066 +10.3% | $240,000 +10.3% |
| 2021 | $2,778 | $217,500 |
| 2020 | $2,778 | $217,500 |
| 2019 | $2,778 | $217,500 |
| 2018 | $2,778 +11.6% | $217,500 +6.4% |
| 2017 | $2,490 +8.8% | $204,500 |
| 2015 | $2,289 | $204,500 |
| 2014 | $2,289 | $204,500 |
| 2012 | $2,289 | $204,500 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $225,600 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: Fairway-Liberty Heights
Nearby homes
- $509,0004 bd2 ba2.4k sqft204 Preston Ave, Lexington, KY 40502Off Market
- $436,600-- bd2 ba2.3k sqft200-202 Preston Ave, Lexington, KY 40502Off Market
- $427,9004 bd2 ba2.1k sqft210 Preston Ave, Lexington, KY 40502Off Market
- $309,0002 bd1 ba1k sqft210 Preston Ave #A, Lexington, KY 40502Off Market
- $487,9003 bd2 ba1.8k sqft212 Preston Ave, Lexington, KY 40502Off Market
- $500,0002 bd2 ba1.4k sqft203 Bassett Ave, Lexington, KY 40502Sold
- $453,2003 bd2 ba1.3k sqft205 Bassett Ave, Lexington, KY 40502Off Market
- $299,6002 bd1 ba972 sqft182 Preston Ave, Lexington, KY 40502Off Market
Nearby schools
GreatSchools rating
- 9/10Ashland Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Lexington Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Henry Clay High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Ashland
- Middle: Lexington Trad
- High: Frederick Douglass
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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$524,900
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- Kentucky
- Fayette County
- Lexington
- 40502
- Fairway-Liberty Heights
- 204-206 Preston Ave
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