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238 Irvine Rd, Lexington, KY 40502

$537,500
: 4
BD
: 4
BA
: 4,032
SqFt

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Sold Price: $537,500
List Price: $599,000
Closing Date: Dec 02, 2025
MLS#: 25502268
Status: CLOSED
Type: Single Family Residential
Subtype: Single Family Residence
Bedrooms: 4
Bathrooms: 4
Full Baths: 4
Living Area: 4,032
Lot Size: 9,500

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Property Description

Rare opportunity in beautiful Ashland Park for a classic investment property. This partially occuplied brick fourplex has 4 standard one bedroom, one bath units. Each unit has it's own balcony and back door. There is ample parking in the back along with a large backyard. The fourplex is partially rented and each unit is on a separate meter. There is potential for a fifth rental in the adorable birdseye/studio apartment on the top floor which is the third level but not to code. Each unit has a washer and dryer hookup. The building needs some updates and remodeling as reflected in price. It has great bones, hardwood floors and is a beautiful, classic Ashland Park 4 plex. Two of the units are unoccupied and can be shown with an appointment. This is a fantastic location in the midst of Ashland Park and great opportunity for an income producing asset. Being Sold as is.

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Additional Information

Year Built: 1930
Basement: Crawl Space, Unfinished
Sewer: Public Sewer
Foundation: Stone
Flooring: Hardwood, Laminate
Heating: Natural Gas
Elementary School: Cassidy
Middle School: Morton
High School: Henry Clay
Water: Public