For sale

$245,000

328 American Ave, Lexington, KY 40503

2beds

738sqft

$1,681/mo

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Single Family Residence

Built in 1925

4,181 Square Feet Lot

$181,500 Zestimate^®

$332/sqft

$-- HOA

What's special

New siding

Fantastic investment opportunity near campus! This 2-bedroom, 1.5-bath property offers a convenient location with easy access to campus, shopping, dining, and local amenities. Whether you're looking to expand your investment portfolio or purchase a property with rental potential, this home is worth a look. Its desirable location makes it an appealing option for those seeking convenience and accessibility. Sellers have completed some recent renovations, including new siding, windows, flooring, and kitchen cabinets.

2 hours
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: First

Bedroom 1

Level: First

Bathroom 1

Level: First

Bathroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Refrigerator, Oven
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

Flooring: Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 738
Total interior livable area: 738 sqft
Finished area above ground: 738
Finished area below ground: 0

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Fencing: Partial

Lot

Size: 4,181 Square Feet

Details

Parcel number: 41703700

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected

Community & HOA

Community

Subdivision: Uk Campus

HOA

Has HOA: No

Location

Region: Lexington

Financial & listing details

Price per square foot: $332/sqft
Tax assessed value: $80,000
Annual tax amount: $982
Date on market: 11/4/2026

Estimated market value

$181,500

$152,000 - $209,000

$1,279/mo

Price history

Date	Event	Price
11/4/2026	Listed for sale	$245,000+1066.7%$332/sqft
Source: Imagine MLS #26030408 Report a problem
7/3/2000	Sold	$21,000$28/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$982	$80,000
2024	$982 +18.3%	$80,000 +18.3%
2023	$830 -3.2%	$67,600
2022	$857	$67,600
2021	$857	$67,600
2020	$857	$67,600
2019	$857	$67,600
2018	$857 +5%	$67,600
2017	$816 +47.1%	$67,600
2015	$555	$67,600
2014	$555	$67,600 +35.2%
2012	$555	$50,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$50,000
2006	--	--
2005	--	--
2004	--	--