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For sale by owner
  • $1,150,000

    566-568 W Short St, Lexington, KY 40507

    8beds
    5,187sqft
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    MultiFamily
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    All new mechanicalsHouse has been upgraded
    566 w short triplex, historic building. Units A top floor 2 bedroom 2 bath, Unit B ground floor large 1 bedroom 1 bath. Unit C basement 3 bedroom 1 bath. Each unit is approximately 1283 sq ft. All utilities split. Owner does pay water and sewer for the building. Building take down to the studs mid 1990"s. Each unit has been refreshed recently. All are in very good shape. Nothing to do but collect the rent. Great tenants. Gross rent is approximately $50,000 / yr. Rents are a little light when compared to current estimated rents for the area. Building registered with Bluegrass Trust, historical significant. Could easily be converted to single family and possibly rezoned business. 568 west short st: single family 2 bedroom 1 bath. Bluegrass Trust registered, historical significant. Tenants pay all utilities. House has been upgraded. All new mechanicals. Property in great shape with long term tenants. Nothing to do but collect the rent. Estimated gross income $20,000 yr. Offsteet parking. Across Main St from Rupp arena and the new Gatton Park. Short walk to the heart of downtown Lexington. Jefferson restaurant district. Walk to Transylvania University and the University of KY. There are numerous photos if you go to zillow type in Lexington KY. Click on Rent and type in 566 w short st A, B and C. Type in 568 as well. Loads of updated photos. If you want addition information I would be pleased to email. Properties are being sold "as is" Please do not disturb tenants. Serious inquiries only.
    What the owner loves about this home
    Incredible rental properties in an incredible section of vibrant Lexington Ky. Rarely does this type of property become available.
    179 days
    |
    305
    |
    5
    |
    Listed by:

    Property Owner (859) 865-1200

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced air, Heat pump, Electric, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Hardwood, Laminate, Linoleum / Vinyl
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 5,187 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off-street, On-street
      Features
      • Exterior features: Wood, Brick
      • Has view: Yes
      • View description: City
      Lot
      • Size: 8,712 Square Feet

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No

      Community & HOA

      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $222/sqft
      • Date on market: 1/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,551/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$1,150,000$222/sqft
        Source: Owner Report a problem
        5/1/2026Listing removed--
        Source: Owner Report a problem
        1/19/2026Listed for sale$1,150,000+4.5%$222/sqft
        Source: Owner Report a problem
        1/1/2023Listing removed--
        Source: Owner Report a problem
        11/6/2022Listed for sale$1,100,000$212/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        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

        Getting around

        91 / 100
        Walker's Paradise
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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