Incredible downtown location! Opera House Square is a gated community nestled in the heart of downtown and embodies the perfect blend of comfort, privacy, and convenience. Walk to downtown's best shopping, dining, and entertainment including Rupp Arena, Farmer's Market, The Opera House, Thursday Night Live, etc. First Floor living in this 2-story townhome includes a generous living room with a gas fireplace and built-in book cases, kitchen with a breakfast bar, dining room, & a half bath. Upstairs are two bedroom suites, each with a full bath; and a landing laundry area. The brick walled-patio off the living room assures outdoor privacy and security right in the heart of downtown Lexington! There's also a small shed for extra storage. This townhome is one of only a hand full in Opera House Square that is separated from adjacent units by concrete block walls, enhancing fire protection and eliminating sound.
For sale
Price cut: $30K (5/27)
$399,000
541 W Short St APT 3, Lexington, KY 40507
2beds
1,480sqft
Townhouse
Built in 1981
2,369 Square Feet Lot
$382,400 Zestimate®
$270/sqft
$180/mo HOA
What's special
Gas fireplaceBuilt-in book casesLanding laundry areaDining roomFirst floor living
- 65 days |
- 447 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Michelle Mullins 859-948-2723,
United Real Estate Bluegrass
Source: Imagine MLS,MLS#: 26009705
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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: Other
Features
- Levels: Two
- Exterior features: Other
- Fencing: Other,Privacy
Lot
- Size: 2,369 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: $180 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: 7/2/2026
Estimated market value
$382,400
$363,000 - $402,000
$1,979/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $399,000-7%$270/sqft |
Source:  Imagine MLS #26009705 Report a problem | ||
| 5/1/2026 | Listed for sale | $429,000+59.5%$290/sqft |
Source: Imagine MLS #26009705 Report a problem | ||
| 6/27/2025 | Listing removed | $2,200$1/sqft |
Source: Imagine MLS #25002953 Report a problem | ||
| 2/18/2025 | Listed for rent | $2,200+37.5%$1/sqft |
Source: Imagine MLS #25002953 Report a problem | ||
| 11/25/2019 | Listing removed | $1,600$1/sqft |
Source: United Real Est Lexington KY #1920269 Report a problem | ||
| 8/28/2019 | Listed for rent | $1,600+6.7%$1/sqft |
Source: United Real Est Lexington KY #1920269 Report a problem | ||
| 6/3/2018 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 5/9/2018 | Price change | $1,500-6.3%$1/sqft |
Source: Owner Report a problem | ||
| 4/17/2018 | Listing removed | $269,000$182/sqft |
Source: Biederman Real Estate #1723940 Report a problem | ||
| 4/17/2018 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 1/27/2018 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 1/27/2018 | Price change | $269,000-3.6%$182/sqft |
Source: Biederman Real Estate #1723940 Report a problem | ||
| 1/21/2018 | Listed for rent | $1,600$1/sqft |
Source: Owner #1727562 Report a problem | ||
| 10/26/2017 | Listed for sale | $279,000-3.5%$189/sqft |
Source: Biederman Real Estate #1723940 Report a problem | ||
| 10/16/2017 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 8/17/2017 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 8/17/2017 | Listing removed | $289,000$195/sqft |
Source: Owner Report a problem | ||
| 7/25/2017 | Price change | $289,000-3.3%$195/sqft |
Source: Owner Report a problem | ||
| 4/27/2017 | Listed for sale | $299,000+220.5%$202/sqft |
Source: Owner Report a problem | ||
| 10/3/1986 | Sold | $93,300$63/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | -- | $160,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Central Downtown
Nearby schools
GreatSchools rating
- 5/10Harrison Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Lexington Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Lafayette High SchoolGrades: 9-12Distance: 2.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Kentucky
- Fayette County
- Lexington
- 40507
- Central Downtown
- 541 W Short St Apartment 3
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