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For sale
  • Price cut: $35K (6/17)
    $250,000

    585 S Upper St APT 147, Lexington, KY 40508

    2beds
    860sqft
    : 
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    Condominium
    Built in 2006
    -- sqft lot
    $245,300 Zestimate®
    $291/sqft
    $220/mo HOA

    What's special

    Legit loft conversionBuilding is secure
    If you are reading this, odds are you are a parent of a UK student, or are a UK student hoping your parents will get you out of the dorm before the fall semester starts. Let's get some basics out of the way: **This is a BARGAIN for a 2 bedroom condo. **It is on the edge of campus so walking to class is easy. **You get one assigned parking spot PLUS one in the general parking lot, saving you the cost and hassle of getting a UK permit. **The $220/month dues covers water, sewer, internet and trash. You only have your personal electric bill. **The building is secure. **Indoor and outdoor bike racks. **Lots of food, entertainment and shops within a 2 minute walk and a 15 minute walk to downtown/Rupp Arena. (Students-if your parents are on the fence about buying a condo for you, let them know they can stay here occasionally for UK games and use your extra parking spot!) Now that we have that out of the way, let's talk about what makes this building so cool. It is a legit loft conversion. This was the Liggett & Myer Tobacco Warehouse. It was built in 1904 and retains much of its OG patina and charisma.
    54 days
    |
    684
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    28
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    Zillow last checked:

    Listing updated:

    Listed by:

    John N Rice 859-227-4333,

    The LEXpert

    Source: Imagine MLS,MLS#: 26011623MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: First
      Bathroom 1
      • Level: First
      Foyer
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Range
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Entrance Foyer, Eat-in Kitchen, Elevator, Ceiling Fan(s)
      • Flooring: Carpet, Tile, Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 860
      • Total interior livable area: 860 sqft
      • Finished area above ground: 860
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      Details
      • Parcel number: 38155410

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick Veneer
      • Foundation: Stone
      Condition
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: South Hill
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: Sewer, Trash, Water, Other
      • HOA fee: $220 monthly
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $100,000
      • Date on market: 5/21/2026

        Estimated market value

        $245,300

        $233,000 - $258,000

        $1,737/mo

        Price history

        DateEventPrice
        6/17/2026Price change$250,000-12.3%$291/sqft
        Source: Imagine MLS #26011623 Report a problem
        5/21/2026Listed for sale$285,000+62.9%$331/sqft
        Source: Imagine MLS #26011623 Report a problem
        12/14/2021Sold$175,000-5.4%$203/sqft
        Source: Imagine MLS #20116766 Report a problem
        11/18/2021Pending sale$184,900$215/sqft
        Source: Imagine MLS #20116766 Report a problem
        9/27/2021Price change$184,900-2.7%$215/sqft
        Source: Imagine MLS #20116766 Report a problem
        8/12/2021Listed for sale$190,000+27.5%$221/sqft
        Source: Imagine MLS #20116766 Report a problem
        6/27/2019Sold$149,000-0.6%$173/sqft
        Source: Imagine MLS #1902773 Report a problem
        5/31/2019Pending sale$149,900$174/sqft
        Source: Keller Williams Greater Lex #1902773 Report a problem
        2/11/2019Listed for sale$149,900+3.4%$174/sqft
        Source: Keller Williams Greater Lex #1902773 Report a problem
        9/7/2018Sold$145,000-3.3%$169/sqft
        Source: Agent Provided Report a problem
        7/27/2018Pending sale$149,900$174/sqft
        Source: Berkshire Hathaway de Movellan #1816371 Report a problem
        7/19/2018Listed for sale$149,900+40.8%$174/sqft
        Source: Berkshire Hathaway de Movellan #1816371 Report a problem
        6/3/2015Sold$106,500-11.3%$124/sqft
        Source: Imagine MLS #1419882 Report a problem
        4/26/2015Pending sale$120,000$140/sqft
        Source: United Real Estate Lexington #1419882 Report a problem
        10/15/2014Listed for sale$120,000+20%$140/sqft
        Source: United Real Estate Lexington #1419882 Report a problem
        12/27/2012Sold$100,000-9.1%$116/sqft
        Source: Imagine MLS #1212347 Report a problem
        4/15/2012Listed for sale$110,000$128/sqft
        Source: RE/MAX Elite Lexington #1212347 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015-- $100,000
        2014-- $100,000
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- $155,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40508

        Getting around

        91 / 100
        Walker's Paradise
        86 / 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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