Lexington Homes under $150,000

Lexington Homes under $150,000

Welcome to the charming city of Lexington, Kentucky, a vibrant hub nestled in the heart of Fayette County. Known as the "Horse Capital of the World," Lexington boasts a rich heritage steeped in equestrian culture, stunning landscapes, and a warm community spirit. With its historic downtown, lush parks, and a thriving arts scene, Lexington offers residents a unique blend of urban conveniences and Southern charm.

For those seeking affordable housing options, Lexington is an excellent choice. The city features a variety of homes under $150,000, making it an attractive destination for first-time homebuyers, families, and investors alike. Whether you’re looking for a cozy bungalow, a quaint cottage, or a modern townhouse, Lexington’s real estate market presents a plethora of opportunities to find your dream home without breaking the bank.

Living in Lexington means you can enjoy the best of both worlds: easy access to the hustle and bustle of city life, coupled with the tranquility of beautiful parks and outdoor spaces. Spend your weekends exploring the scenic trails of the nearby Kentucky Horse Park, or indulge in the local culinary scene, which offers everything from farm-to-table dining to delightful Southern comfort food.

With its affordable homes and welcoming community, Lexington is not just a place to live; it’s a place to thrive. Come discover the charm of Lexington, where your dream home awaits at an unbeatable price!

Newest Lexington Homes under $150,000

388 Roosevelt Blvd, Lexington
$130,000
2 Beds ⋅ 1 Baths ⋅ 26028045 MLS
Beautiful brick house located at 388 Roosevelt Boulevard, offering plenty of potential for homeowners and investors alike. This property presents a great opportunity to add your personal touch, customize the space, and bring your vision to life. With its classic brick exterior and possibilities for improvement, this home is full of potential. Don't miss the opportunity to make this property your next home or investment! Property sold as-is. Inspections are welcomed.

388 Roosevelt Blvd, Lexington
500 Robertson St, Lexington
$129,000
2 Beds ⋅ 1 Baths ⋅ 26028013 MLS

500 Robertson St, Lexington
436 Lindberg Dr, Lexington
$135,999
3 Beds ⋅ 1 Baths ⋅ 26027530 MLS
INVESTMENT OPPORTUNITY or affordable housing option in Lexington! This property offers the opportunity to build equity with several recent improvements already completed. Updates include replaced stairs, reinforced flooring in the front room, new LVP flooring in select areas, a new stove in 2026, and a new water heater in 2026. With additional updates and some vision, this property could make a great investment, rental, or affordable primary residence. Conveniently located near downtown Lexington, shopping, dining, parks, and major roadways. A great opportunity for an investor or buyer looking for an affordable home with improvements already underway!

436 Lindberg Dr, Lexington
372 Roosevelt Blvd, Lexington
$99,900
2 Beds ⋅ 1 Baths ⋅ 26025850 MLS
Great price for Investment Opportunity to with immediate cash flow. Home has newer Furnace and Water Heater. Nice sized fenced yard and off street parking. Home needs a little TLC for rental or do remodel and get instant return.

372 Roosevelt Blvd, Lexington
186 Eddie St, Lexington
$115,000
3 Beds ⋅ 1 Baths ⋅ 26025797 MLS
Welcome to this charming 3 bed, 1 bath home at 186 Eddie Street featuring new flooring, new lighting, new kitchen appliances, and refreshed bathroom fixtures. Move-in ready with modern style and ideal as a starter home or investment rental property. Enjoy a fully fenced yard with a charming front porch for relaxation. Located just minutes from downtown Lexington that is rich with fine restaurants, entertainment, parks, and shopping. Don't miss this opportunity to own an affordable downtown property!

186 Eddie St, Lexington
151 Rand Ave, Lexington
$149,900
2 Beds ⋅ 1 Baths ⋅ 26025555 MLS
Back on the market with valuable improvements and now offered at an updated price! This two-bedroom, one-bath home features hardwood floors, newer windows, a convenient laundry and utility area, and a spacious kitchen with room for dining. Recent updates include a brand-new heating and air-conditioning system backed by a transferable 10-year warranty, plus a brand-new refrigerator and electric stove with a one-year manufacturer warranty. Outside, enjoy a privacy-fenced backyard, deck, and storage shed. Located just north of downtown Lexington, the home offers convenient access to Transylvania University, Greyline Station, and the locally owned restaurants, shops, and entertainment found throughout the North Limestone area. With several big-ticket improvements already completed and room to add your own personal touches, 151 Rand Avenue offers a great opportunity for a homeowner or investor.

151 Rand Ave, Lexington
2121 Nicholasville Rd Unit 503, Lexington
$139,900
1 Beds ⋅ 1 Baths ⋅ 26024928 MLS
Welcome to effortless Lexington living. This bright and efficiently designed condo offers 1 bed,1 bath and 696 square feet. A fresh coat of paint and newer LVP flooring make this condo completely move-in ready. Situated just off Nicholasville Road, you're steps away from Lexington's best dining, shopping, and everyday conveniences. Everything you need is practically at your doorstep! Unwind in the community pool-your own backyard oasis without any of the upkeep. And, your HOA has you covered in a big way: heating, cooling, water, sewer, trash removal and snow removal are all included. Your utility stress is handled. Whether you are a University of Kentucky student or faculty, a down-sizer or a savvy investor, this condo checks every box: unbeatable location, low-maintenance lifestyle, and community amenities that make everyday feel a little more carefree. Don't miss this one!

2121 Nicholasville Rd Unit 503, Lexington
478 Willy St, Lexington
$144,900
2 Beds ⋅ 1 Baths ⋅ 26024226 MLS
This property is a diamond in the rough, prime location in the heart of downtown, this property offers immense potential for the savvy investor or developer. The building needs a complete overhaul, but with the right vision, it could be transformed into a beautiful downtown Lexington home. Located in a high-demand area, surrounded by ongoing developments, restaurants, and businesses, this property is poised to benefit from future growth. PROPERTY WILL NOT MEET CONVENTIONAL, FHA, OR VA FINANCING REQUIREMENTS. Purchaser to verify sq footage. Inspections are welcome but NO repairs will be made. The water and electric are not on. Seller makes no warranties or representations regarding the condition or functionality of the property, its systems, appliances, or any items remaining in the home. Property is being sold As-Is. Please allow the Seller a minimum of 24 hours to review and respond to an offer.

478 Willy St, Lexington
353 Ohio St, Lexington
$124,900
3 Beds ⋅ 1 Baths ⋅ 26023927 MLS
INVESTOR OPPORTUNITY in Downtown Lexington! Potential for a package sale of 3 properties (436 Ohio Street and 347 Ohio Street) for $350,000, offering excellent potential for renovation, rental income, resale, or long-term investment. Properties are being sold AS-IS and offer an opportunity for investors, renovators, or buyers looking to add value.

353 Ohio St, Lexington
347 Ohio St, Lexington
$124,900
2 Beds ⋅ 1 Baths ⋅ 26023921 MLS
INVESTOR OPPORTUNITY in Downtown Lexington! Potential for a package sale of 3 properties (436 Ohio Street and 353 Ohio Street) for $350,000, offering excellent potential for renovation, rental income, resale, or long-term investment. Properties are being sold AS-IS and offer an opportunity for investors, renovators, or buyers looking to add value.

347 Ohio St, Lexington
436 Ohio St, Lexington
$100,000
2 Beds ⋅ 1 Baths ⋅ 26023917 MLS
INVESTOR OPPORTUNITY in Downtown Lexington! Potential for a package sale of 3 properties (353 Ohio Street and 347 Ohio Street) for $350,000, offering excellent potential for renovation, rental income, resale, or long-term investment. Properties are being sold AS-IS and offer an opportunity for investors, renovators, or buyers looking to add value.

436 Ohio St, Lexington
511 E 7th St, Lexington
$110,000
2 Beds ⋅ 2 Baths ⋅ 26023793 MLS
Discover the investment potential of 511 E. 7th Street, a shotgun-style duplex offering two separate living spaces under one roof. Each unit features one bedroom, one full bath, a kitchen, and a combined living area, creating an efficient and functional layout. Low-maintenance tile flooring throughout and a metal roof. An important feature of this property is the shared parking arrangement: the driveway and parking area located behind 507 E. 7th Street also provide parking access for 511 E. 7th Street. This property is offered together with 507 E. 7th Street. Asking price for both properties together is $220,000. These properties are not offered individually at this time; combined sale with 507 E. 7th St only.

511 E 7th St, Lexington
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