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Sold for $115,000
  • $115,000

    722 Shropshire Ave, Lexington, KY 40508

    3beds
    768sqft
    Single Family Residence
    Built in 1920
    3,920 Square Feet Lot
    $115,100 Zestimate®
    $150/sqft
    $1,181 Estimated rent

    Home value

    $115,100

    $109,000 - $122,000

    $1,181/mo

    Zestimate® history
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    Rent Zestimate®

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    $567/mo

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    What's special

    Classic characterCovered front porchFunctional living spaces
    Opportunity knocks in the heart of downtown Lexington! This charming 3 bedroom, 1 bathroom shotgun-style ranch offers incredible versatility as either a proven investment property or an affordable option for home buyers. With a strong history of steady cash flow, this home is already positioned as a smart addition to any investment portfolio. Inside, you'll find classic character with functional living spaces and plenty of potential to add your personal touch. The efficient layout maximizes space while maintaining the charm that makes older downtown homes so desirable including a covered front porch. There is also a large flat backyard that is fenced on three sides making it easy to enjoy spending more time outside. Enjoy being within walking distance to the vibrant shops, restaurants, and entertainment of the popular NoLi District, as well as the green space and recreational opportunities at Castlewood Park. Whether you're looking to invest or put down roots, this home provides excellent options. Don't miss your chance to own an affordable downtown property with both immediate income potential and long-term upside!

    Zillow last checked:

    Listing updated:

    Listed by:

    Julia Lark 859-806-8546,

    The Brokerage,

    Chad Bowman 859-396-5256,

    The Brokerage

    Bought with:

    Bob Sophiea, 217577

    eXp Realty, LLC

    Source: Imagine MLS,MLS#: 26002171MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Bathroom 1
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Refrigerator, Range
    • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
    Features
    • Flooring: Tile, Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 768
    • Total interior livable area: 768 sqft
    • Finished area above ground: 768
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 14252753

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Shotgun
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Downtown
    HOA
    • Has HOA: No
    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $80,000
    • Annual tax amount: $989
    • Date on market: 4/14/2026

    Price history

    DateEventPrice
    6/16/2026Sold$115,000-8%$150/sqft
    Source: Imagine MLS #26002171 Report a problem
    5/5/2026Contingent$125,000$163/sqft
    Source: Imagine MLS #26002171 Report a problem
    4/14/2026Listed for sale$125,000$163/sqft
    Source: Imagine MLS #26002171 Report a problem
    3/30/2026Contingent$125,000$163/sqft
    Source: Imagine MLS #26002171 Report a problem
    2/5/2026Listed for sale$125,000+56.3%$163/sqft
    Source: Imagine MLS #26002171 Report a problem
    8/19/2021Sold$80,000+53.8%$104/sqft
    Source: Imagine MLS #20114664 Report a problem
    5/25/2017Listing removed$52,000$68/sqft
    Source: Cochran Realty #1615808 Report a problem
    4/20/2017Pending sale$52,000$68/sqft
    Source: Cochran Realty #1615808 Report a problem
    7/25/2016Listed for sale$52,000+153.7%$68/sqft
    Source: Cochran Realty #1615808 Report a problem
    7/27/2015Sold$20,500-21.2%$27/sqft
    Source: Public Record Report a problem
    6/30/2015Pending sale$26,000$34/sqft
    Source: Rector Hayden, Realtors #1504331 Report a problem
    6/6/2015Price change$26,000-3.7%$34/sqft
    Source: Lexington Office #1504331 Report a problem
    4/28/2015Price change$27,000-7.7%$35/sqft
    Source: Lexington Office #1504331 Report a problem
    4/3/2015Price change$29,250-4.9%$38/sqft
    Source: Rector Hayden, Realtors #1504331 Report a problem
    3/18/2015Price change$30,750-2.4%$40/sqft
    Source: Rector Hayden, Realtors #1504331 Report a problem
    3/11/2015Listed for sale$31,500+14.5%$41/sqft
    Source: Rector Hayden, Realtors #1504331 Report a problem
    2/15/2013Sold$27,500-8.3%$36/sqft
    Source: Imagine MLS #1213994 Report a problem
    7/25/2012Listed for sale$30,000+650%$39/sqft
    Source: ERA Woods Group #1213994 Report a problem
    6/3/2011Sold$4,000-42.9%$5/sqft
    Source: Public Record Report a problem
    5/29/2011Pending sale$7,000$9/sqft
    Source: Fannie Mae Report a problem
    5/12/2011Price change$7,000-21.3%$9/sqft
    Source: Fannie Mae Report a problem
    4/10/2011Price change$8,900+11.3%$12/sqft
    Source: Fannie Mae Report a problem
    4/8/2011Listed for sale--
    Source: foreclosure.com Report a problem
    8/11/2010Sold$8,000-54.7%$10/sqft
    Source: Public Record Report a problem
    5/7/2007Sold$17,660$23/sqft
    Source: Imagine MLS #700043 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$989 $80,000
    2023$989 -3.2%$80,000
    2022$1,022 +255.5%$80,000 +255.6%
    2021$287 $22,500
    2020$287 $22,500
    2019$287 +9.8%$22,500 +9.8%
    2018$262 +4.9%$20,500
    2017$250 +26%$20,500 -25.5%
    2015$198 $27,500
    2014$198 $27,500 +32.9%
    2012$198 $20,700
    2011-- --
    2010-- --
    2009-- --
    2008-- $17,700
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: Duncan Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: William Wells Brown
    • 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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    $115,100
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