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582 W Short St, Lexington, KY, 40507

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
2 Full Baths
1,286 SqFt
$311/SqFt
Multi

Location

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582 W Short St, Lexington$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther
Year Built1900
HeatingNatural Gas
CoolingElectric
MLS #24026015
Lot Size0.08 Acres
StatusActive

About 582 W Short St

Presenting an exceptional duplex in the heart of downtown Lexington on coveted Short Street that was originally a single-family home that can be converted easily back to a single-family residence. Just a short stroll from 'restaurant row' of Short and Jefferson Streets, renowned Rupp Arena and the soon to be Gatton Park On The Town Branch. This meticulously maintained property offers two unique units totaling three bedrooms with two full bathrooms making it an ideal opportunity for both seasoned investors and those looking for a unique downtown home. The front unit features a well-designed layout with one bedroom, a full bathroom, a comfortable living area, and a functional kitchen. The rear unit has undergone an extensive renovation, showcasing genuine hardwood floors throughout, a thoughtfully designed kitchen with ample counter space and a dedicated dining area, and soaring ceilings that enhance the sense of space and light. Blending historic charm with modern upgrades, this property is perfectly situated in one of Lexington's most sought-after neighborhoods.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 1,286 SqFt

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: Main Street to Jefferson Street, right on West Short Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $311/SqFt

Tax Information:

  • Annual Amount: $1,717
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

582 W Short St vs Lexington

1 DAY ON ROCKET

-20 Days

$400,000

+$74.8K More

$311/SqFt

+$167 More

KEY TAKEAWAY

This property is $74.8K more than the Median Sold Price and $167/SqFt more than other homes in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24026015

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2017Home Sold
$106,750
Nov 03, 2014Home Sold
$41,300

Tax History

YEARPROP. TAXASSESSMENT
2020$1,717$134,400
2019$1,717$134,400
2018$1,364$106,800

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-677509
1
/10
  • Harrison Elementary School

  • 161 Bruce St

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-677510
5
/10
  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 1.16 miles

  • Public Magnet Grades KG-5

school-card-donut-677511
2
/10
  • Booker T. Washington Elementary School

  • 707 Howard St

  • 1.21 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,692. The majority of Lexington, KY residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Kentucky›Fayette County›Lexington›40507›582 W Short St

This home is located at 582 W Short St in Lexington, KY and zip code 40507 in the Historic Western Suburb neighborhood. This 1,286 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $400,000.

In November 2024, from all listings sold in Lexington, KY there were more than 44 sold above asking price, over 128 sold below and more than 65 were sold right at the asked price. In November 2024 in Lexington, KY there were 4.7% less homes for sale than in October 2024. Listings spent 21 days on the market in November 2024, and had a median list price of $325,139 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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