42 Bellaire Ave is a contemporary duplex offering strong income potential and exceptional flexibility in one of Lexington's most desirable urban neighborhoods. Recently built and located just steps from the Legacy Trail, West Sixth Brewing, County Club, downtown attractions, and close to Transylvania University, this property has proven appeal for visitors, traveling professionals, and students alike. Currently configured as a 3-bedroom duplex, Ideal for long-term rentals, house hacking, or Furnished Finder opportunities. Furniture is negotiable, offering added value for investors seeking a turnkey rental opportunity. Rooftop views and striking architectural design immediately set this property apart. The second-floor terrace provides generous outdoor living space perfect for entertaining or relaxing under the evening sky. Inside, you'll find high-end construction quality throughout with sleek modern finishes, thoughtful design, soaring 10-foot ceilings, and abundant natural light creating an open, airy feel in each unit. Modern conveniences including tankless water heaters add comfort and efficiency, while ample off-street parking is available in the rear.
Contingent
$480,000
742 Bellaire Ave, Lexington, KY 40508
3beds
1,486sqft
Multi Family
Built in 2021
-- sqft lot
$464,500 Zestimate®
$323/sqft
$-- HOA
What's special
Sleek modern finishesSecond-floor terraceThoughtful designStriking architectural designHigh-end construction qualityRooftop viewsAmple off-street parking
- 106 days
- 51
- 0
Zillow last checked:
Listing updated:
Listed by:
Stacey Jones 615-293-8834,
Redfin
Source: Imagine MLS,MLS#: 26011816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Kitchen
- Level: First
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Breakfast Bar, Eat-in Kitchen
- Flooring: Concrete, Vinyl
- Windows: Insulated Windows, Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,486
- Total interior livable area: 1,486 sqft
- Finished area above ground: 1,486
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Exterior features: Fire Pit
- Fencing: Privacy,Wood
- Has view: Yes
- View description: Other
Lot
- Size: 7,100 Square Feet
Details
- Parcel number: 15822200
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Other
- Foundation: Slab
- Roof: Membrane
Condition
- Year built: 2021
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: $323/sqft
- Tax assessed value: $425,000
- Annual tax amount: $5,256
- Date on market: 7/17/2026
Estimated market value
$464,500
$441,000 - $488,000
$1,963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Contingent | $480,000$323/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $480,000$323/sqft |
Source: | ||
| 7/14/2026 | Contingent | $480,000$323/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $480,000+12.9%$323/sqft |
Source: | ||
| 5/13/2024 | Sold | $425,000-4.5%$286/sqft |
Source: | ||
| 4/9/2024 | Contingent | $445,000$299/sqft |
Source: | ||
| 3/18/2024 | Price change | $445,000-3.3%$299/sqft |
Source: | ||
| 2/23/2024 | Listed for sale | $460,000$310/sqft |
Source: | ||
| 2/18/2024 | Contingent | $460,000$310/sqft |
Source: | ||
| 2/5/2024 | Price change | $460,000-3.2%$310/sqft |
Source: | ||
| 12/1/2023 | Listed for sale | $475,000+137.5%$320/sqft |
Source: | ||
| 4/10/2019 | Sold | $200,000-31%$135/sqft |
Source: Public Record Report a problem | ||
| 4/9/2018 | Sold | $290,000-10.8%$195/sqft |
Source: Public Record Report a problem | ||
| 8/21/2017 | Listing removed | $325,000$219/sqft |
Source: Rector Hayden, Realtors #1710218 Report a problem | ||
| 6/1/2017 | Listed for sale | $325,000$219/sqft |
Source: Rector Hayden, Realtors #1710218 Report a problem | ||
| 5/15/2017 | Pending sale | $325,000$219/sqft |
Source: Rector Hayden, Realtors #1710218 Report a problem | ||
| 5/9/2017 | Listed for sale | $325,000+622.2%$219/sqft |
Source: Rector Hayden, Realtors #1710218 Report a problem | ||
| 8/17/2016 | Sold | $45,000+114.3%$30/sqft |
Source: Public Record Report a problem | ||
| 3/9/2011 | Sold | $21,000-50%$14/sqft |
Source: Public Record Report a problem | ||
| 10/7/2005 | Sold | $42,000$28/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,256 +34.8% | $425,000 +34.8% |
| 2024 | $3,898 | $315,200 |
| 2023 | $3,898 -3.2% | $315,200 |
| 2022 | $4,026 +146.8% | $315,200 +146.8% |
| 2021 | $1,631 +95.9% | $127,700 +95.9% |
| 2020 | $833 +44.9% | $65,200 +44.9% |
| 2019 | $575 | $45,000 |
| 2018 | $575 +4.9% | $45,000 |
| 2017 | $548 +133.1% | $45,000 +114.3% |
| 2015 | $235 | $21,000 |
| 2014 | $235 | $21,000 |
| 2012 | $235 | $21,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $65,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Duncan Park
Nearby schools
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.








