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For sale
  • $399,000

    541 W Short St APT 3, Lexington, KY 40507

    2beds
    1,480sqft
    : 
    $2,947/mo
    Get pre-qualified
    Townhouse
    Built in 1981
    2,352 Square Feet Lot
    $-- Zestimate®
    $270/sqft
    $185/mo HOA

    What's special

    Gas fireplaceGated communityGuest half-bathDedicated dining areaFresh interior paintDual-suite designBuilt-in shelving
    Location, location, location! The "three L's" truly set this Opera House Square townhome apart. Ideally positioned in the heart of downtown Lexington, you're approximately 1.5 blocks from the new Gatton Park and just moments from Rupp Arena, restaurants, bars, hotels, the Farmers Market, the Opera House, and all the energy of downtown. Yet, with the neighboring church providing a welcome buffer from city activity, this gated community offers a surprising sense of separation and privacy. Inside, the spacious two-story layout offers an excellent foundation for buyers ready to make it their own. The main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, kitchen with breakfast bar seating, and guest half-bath. Upstairs, the dual-suite design includes two bedrooms, each with a private attached bath, plus a convenient laundry nook. One of the property's standout features is the enclosed, open-air brick garden patio—a rare find among competing downtown properties and an inviting spot for outdoor dining, entertaining, gardening, or simply relaxing. An outdoor shed provides additional storage. Recent enhancements include updated light fixtures in the kitchen and baths, fresh interior paint, and newly drywalled living room accents. Concrete-block separation walls shared by only select units further enhance the feeling of privacy and quiet. With a great layout, exceptional downtown location, and hard-to-find private outdoor space, this property presents an exciting opportunity to renovate, customize, and create a downtown residence tailored to your style. The HOA is just $185, and the seller has already paid a $5,000 assessment, which the seller indicates is anticipated to cover association needs for approximately the next five years. Bring your vision and take advantage of an opportunity to make this ideally located downtown townhome your own.
    29 days
    532
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Ciara Isaacs Hagedorn 859-229-7385,

    RE/MAX Elite Lexington

    Source: Imagine MLS,MLS#: 26024986MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Primary bedroom
      • Level: Second
      Bedroom 2
      • Level: Second
      Bathroom 1
      • Level: First
      Bathroom 2
      • Level: Second
      Bathroom 3
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: Second
      Living room
      • Level: First
      Heating
      • Heat Pump, Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Dryer, Disposal, Dishwasher, Refrigerator, Trash Compactor, Washer, Cooktop, Oven, Range, Vented Exhaust Fan
      • Laundry: Electric Dryer Hookup, Washer Hookup, Upper Level
      Features
      • Breakfast Bar, Entrance Foyer
      • Flooring: Carpet, Ceramic Tile, Tile, Wood
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Masonry
      Interior area
      • Total structure area: 1,480
      • Total interior livable area: 1,480 sqft
      • Finished area above ground: 1,480
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, Other
      Features
      • Levels: Two
      • Exterior features: Other
      • Fencing: Other,Privacy
      Lot
      • Size: 2,352 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: 10003010

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick Veneer
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Propane Not Available

      Community & HOA

      Community
      • Features: Park
      • Subdivision: Downtown
      HOA
      • Has HOA: Yes
      • Amenities included: Other
      • Services included: Sewer, Trash, Snow Removal
      • HOA fee: $185 monthly
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $270/sqft
      • Tax assessed value: $245,000
      • Annual tax amount: $3,030
      • Date on market: 9/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/10/2026Listed for sale$399,000$270/sqft
        Source: Imagine MLS #26024986 Report a problem
        9/9/2026Listing removed$399,000$270/sqft
        Source: Imagine MLS #26024249 Report a problem
        9/3/2026Listed for sale$399,000$270/sqft
        Source: Imagine MLS #26024249 Report a problem
        8/18/2026Listing removed$399,000$270/sqft
        Source: Imagine MLS #26009705 Report a problem
        5/27/2026Price change$399,000-7%$270/sqft
        Source: Imagine MLS #26009705 Report a problem
        5/1/2026Listed for sale$429,000+59.5%$290/sqft
        Source: Imagine MLS #26009705 Report a problem
        6/27/2025Listing removed$2,200$1/sqft
        Source: Imagine MLS #25002953 Report a problem
        2/18/2025Listed for rent$2,200+37.5%$1/sqft
        Source: Imagine MLS #25002953 Report a problem
        11/25/2019Listing removed$1,600$1/sqft
        Source: United Real Est Lexington KY #1920269 Report a problem
        8/28/2019Listed for rent$1,600+6.7%$1/sqft
        Source: United Real Est Lexington KY #1920269 Report a problem
        6/3/2018Listing removed$1,500$1/sqft
        Source: Owner Report a problem
        5/9/2018Price change$1,500-6.3%$1/sqft
        Source: Owner Report a problem
        4/17/2018Listing removed$269,000$182/sqft
        Source: Biederman Real Estate #1723940 Report a problem
        4/17/2018Listed for rent$1,600$1/sqft
        Source: Owner Report a problem
        1/27/2018Listing removed$1,600$1/sqft
        Source: Owner Report a problem
        1/27/2018Price change$269,000-3.6%$182/sqft
        Source: Biederman Real Estate #1723940 Report a problem
        1/21/2018Listed for rent$1,600$1/sqft
        Source: Owner #1727562 Report a problem
        10/26/2017Listed for sale$279,000-3.5%$189/sqft
        Source: Biederman Real Estate #1723940 Report a problem
        10/16/2017Listing removed$1,600$1/sqft
        Source: Owner Report a problem
        8/17/2017Listed for rent$1,600$1/sqft
        Source: Owner Report a problem
        8/17/2017Listing removed$289,000$195/sqft
        Source: Owner Report a problem
        7/25/2017Price change$289,000-3.3%$195/sqft
        Source: Owner Report a problem
        4/27/2017Listed for sale$299,000+220.5%$202/sqft
        Source: Owner Report a problem
        10/3/1986Sold$93,300$63/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,030 $245,000
        2024$3,030 $245,000
        2023$3,030 -3.2%$245,000
        2022$3,130 +16.7%$245,000 +16.7%
        2021$2,683 $210,000
        2020$2,683 $210,000
        2019$2,683 +10.5%$210,000 +10.5%
        2018$2,427 +24.6%$190,000 +18.8%
        2017$1,948 +8.8%$160,000
        2015$1,791 $160,000
        2014$1,791 $160,000
        2012$1,791 $160,000
        2011-- --
        2010-- --
        2009-- --
        2008-- $160,000
        2006-- --
        2005-- --
        2004-- --
        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

        92 / 100
        Walker's Paradise
        79 / 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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