Prime opportunity to purchase an income-producing Duplex in the heart of Lansdowne! This duplex offers strong rental history and exceptional upside in one of Lexington's most desirable, established neighborhoods. Each side features spacious living areas, multiple bedrooms, and private entrances—ideal for investors or owner-occupants looking to offset their mortgage with rental income. Unit B includes thoughtful updates to the kitchen, bath, flooring, and more. Unit A has new bathroom tile and a reglazed tub. Many major home systems have been updated over the past five years, including a brand-new roof in 2025. Whether you're expanding your portfolio or looking for a live-in investment, opportunities like this in 40502 don't come around often.
Sold for $394,900
$394,900
823 Malabu Dr, Lexington, KY 40502
5beds
2,604sqft
Duplex
Built in 1973
-- sqft lot
$399,100 Zestimate®
$152/sqft
$1,791 Estimated rent
Home value
$399,100
$379,000 - $419,000
$1,791/mo
Zestimate® history
Owner options
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$1,791/mo
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$1,791/mo
Rent Zestimate®
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$2,449/mo
Est. payment
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$2,449/mo
Est. payment
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List your homeWhat's special
New bathroom tilePrivate entrancesReglazed tubMultiple bedrooms
Zillow last checked:
Listing updated:
Listed by:
Chandler Ware 859-797-5749,
True Line Real Estate
Bought with:
Susan B Wilburn, 270101
Century 21 Advantage Realty - Georgetown
Source: Imagine MLS,MLS#: 26006220
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Interior area
- Total structure area: 2,604
- Total interior livable area: 2,604 sqft
Property
Parking
- Parking features: On Site, Covered
Lot
- Size: 0.36 Acres
Details
- Parcel number: 54932400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1973
Community & HOA
Community
- Subdivision: Brookhaven
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $193,200
- Annual tax amount: $2,065
- Date on market: 3/27/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Sold | $394,900-1.3%$152/sqft |
Source:  Imagine MLS #26006220 Report a problem | ||
| 3/29/2026 | Contingent | $399,900$154/sqft |
Source: Imagine MLS #26006220 Report a problem | ||
| 3/27/2026 | Listed for sale | $399,900+118.5%$154/sqft |
Source: Imagine MLS #26006220 Report a problem | ||
| 10/5/2015 | Sold | $183,000-3.7%$70/sqft |
Source: Imagine MLS #1518863 Report a problem | ||
| 9/14/2015 | Pending sale | $189,990$73/sqft |
Source: Anderson Communities, Inc. #1518863 Report a problem | ||
| 8/26/2015 | Listing removed | $823 |
Source: Anderson Communities Report a problem | ||
| 8/26/2015 | Listed for sale | $189,990+15.1%$73/sqft |
Source: Anderson Communities, Inc. #1518863 Report a problem | ||
| 8/15/2015 | Listed for rent | $823+3% |
Source: Anderson Communities Report a problem | ||
| 9/8/2014 | Listing removed | $799 |
Source: Anderson Communities Report a problem | ||
| 8/8/2014 | Listed for rent | $799 |
Source: Anderson Communities Report a problem | ||
| 8/6/2014 | Sold | $165,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,065 | $193,200 |
| 2023 | $2,065 -3.2% | $193,200 |
| 2022 | $2,133 | $193,200 |
| 2021 | $2,133 +5.6% | $193,200 +5.6% |
| 2020 | $2,021 | $183,000 |
| 2019 | $2,021 | $183,000 |
| 2018 | $2,021 +5.7% | $183,000 |
| 2017 | $1,911 +22.5% | $183,000 +10.9% |
| 2015 | $1,560 | $165,000 |
| 2014 | $1,560 | $165,000 |
| 2012 | $1,560 | $165,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $165,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: Brookhaven-Lansdowne
Nearby homes
- $331,8005 bd4 ba-- sqft823 Malabu Dr #A, Lexington, KY 40502Off Market
- $267,1002 bd1 ba1.2k sqft823 Malabu Dr #B, Lexington, KY 40502Off Market
- $510,9006 bd4 ba3.8k sqft819 Malabu Dr, Lexington, KY 40502Off Market
- $334,5003 bd2 ba1.9k sqft819 Malabu Dr #A, Lexington, KY 40502Off Market
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Nearby schools
GreatSchools rating
- 8/10Glendover Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10Morton Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Henry Clay High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Glendover
- Middle: Morton
- High: Henry Clay
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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