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For sale by owner
  • Price cut: $14.1K (6/24)
    $145,900

    840 Malabu Dr APT 111, Lexington, KY 40502

    2beds
    1,040sqft
    : 
    $1,389/mo
    Get pre-qualified
    Condo
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $387/mo HOA

    What's special

    Beautifully maintained condominiumFresh paint throughoutCovered parkingFilled with natural lightAttractive hardwood flooringGenerously sized bedrooms
    INVESTMENT OPPORTUNITY. Selling as is. Unit is available FOR RENT also. $1,400 per month includes HOA fee and all utilities except internet. $2,100 security deposit due at lease signing. Rent due on the 1st of every month. AVAILABLE NOW. Unit 102 is renter occupied and also for sale. Welcome to easy, low-maintenance living in one of Lexington's most desirable locations. This beautifully maintained condominium at 840 Malabu Drive, Unit 111, offers comfort, convenience, and recent updates that make it move-in ready. Inside, you'll find attractive hardwood flooring and fresh paint throughout, creating a warm and inviting atmosphere. The kitchen features durable ceramic tile countertops, providing both style and functionality. The spacious open-concept living and dining area are filled with natural light. The functional floor plan features generously sized bedrooms, including a primary suite with ample closet space and a private bath. Enjoy your morning coffee or evening relaxation on the private patio overlooking the beautifully landscaped courtyard. The community offers covered parking, additional storage, and an HOA that provides exceptional value by covering exterior maintenance and many utilities. Residents will appreciate the peace of mind that comes with a new heating and air conditioning system installed for the complex in 2024. An on-site coin laundry facility is available, and the unit can be modified to include in-unit laundry hookups, offering additional convenience and future value. Located in the highly sought-after Lansdowne area, this condo is just minutes from shopping, dining, parks, downtown Lexington, and the University of Kentucky. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this property presents an excellent opportunity to own in a prime Lexington location. Don't miss your chance to make this charming condo your own. Schedule your private showing today!
    59 days
    |
    1,407
    |
    65
    |
    Listed by:

    Property Owner (859) 948-7612

    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: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Freezer, Garbage disposal, Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood
      • Basement: None
      Interior area
      • Total interior livable area: 1,040 sqft

      Property

      Parking
      • Parking features: Carport, Off-street, On-street, Garage
      Features
      • Exterior features: Brick
      Details
      • Parcel number: 32138510

      Construction

      Type & style
      • Home type: Condo
      Materials
      • brick
      Condition
      • New construction: No
      • Year built: 1968

      Community & HOA

      Community
      • Features: On Site Laundry Available
      HOA
      • Has HOA: Yes
      • HOA fee: $387 monthly
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $115,000
      • Annual tax amount: $1,252
      • Date on market: 6/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,482/mo

        Price history

        DateEventPrice
        7/7/2026Listed for rent$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        6/24/2026Price change$145,900-8.8%$140/sqft
        Source: Owner Report a problem
        6/1/2026Listed for sale$160,000+39.1%$154/sqft
        Source: Owner Report a problem
        5/31/2026Listing removed$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        5/5/2026Listed for rent$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        1/22/2025Listing removed$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        12/2/2024Price change$1,400-1.8%$1/sqft
        Source: Zillow Rentals Report a problem
        11/17/2024Listed for rent$1,425+1.8%$1/sqft
        Source: Zillow Rentals Report a problem
        9/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/3/2023Price change$1,400-8.2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/28/2023Listed for rent$1,525$1/sqft
        Source: Zillow Rentals Report a problem
        8/11/2023Sold$115,000+21.1%$111/sqft
        Source: Public Record Report a problem
        7/6/2021Sold$95,000-4.5%$91/sqft
        Source: Imagine MLS #20112138 Report a problem
        6/27/2021Pending sale$99,500$96/sqft
        Source: Imagine MLS #20112138 Report a problem
        6/24/2021Listed for sale$99,500+32.7%$96/sqft
        Source: Imagine MLS #20112138 Report a problem
        7/26/2017Sold$75,000-6.1%$72/sqft
        Source: Imagine MLS #1701601 Report a problem
        6/5/2017Pending sale$79,900$77/sqft
        Source: RE/MAX Creative Realty #1701601 Report a problem
        1/27/2017Listed for sale$79,900+17.5%$77/sqft
        Source: RE/MAX Creative Realty #1701601 Report a problem
        12/9/2014Sold$68,000-2.9%$65/sqft
        Source: Imagine MLS #1407033 Report a problem
        10/6/2014Price change$69,999-4%$67/sqft
        Source: RE/MAX Creative Realty #1407033 Report a problem
        8/21/2014Price change$72,900-2.8%$70/sqft
        Source: RE/MAX Creative Realty #1407033 Report a problem
        4/23/2014Listed for sale$75,000$72/sqft
        Source: RE/MAX Creative Realty #1407033 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,252 +136.6%$115,000 +21.1%
        2023$529 -13.7%$95,000
        2022$613 -27.3%$95,000 +26.7%
        2021$844 $75,000
        2020$844 $75,000
        2019$844 $75,000
        2018$844 +160.6%$75,000 +10.3%
        2017$324 -7%$68,000
        2015$348 $68,000 -2.9%
        2014$348 $70,000
        2012$348 $70,000
        2011-- --
        2010-- --
        2009-- --
        2008-- $38,600
        2006-- --
        2005-- --
        2004-- --
        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: Brookhaven-Lansdowne

        Getting around

        58 / 100
        Somewhat Walkable
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Fayette County

        Source: The 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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