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    308 Arcadia Park Lexington, KY 40503

    Sponsored
    For Sale
    Pending
    $425,000

    MULTI_FAMILY - Lexington, KY

    Property size:
    2,294 SF
    Lot size:
    0.17 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 308 Arcadia Park

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-1C
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 4, Laundry Room, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    20569350
    Size
    2,294 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

    Keller Williams Commonwealth (859) 721-2121 [email protected]

    Listing agent Laura Carpenter (859) 721-2121

    Listing date Dec 24, 2025

    MLS# 25508295 Listing URL

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arcadia Park Duplex Investment

    Located in the Arcadia Park area of southwest Lexington, this duplex presents an investment opportunity. The property includes 2,294 square feet of finished living space, complemented by an additional 1,147 square feet of unfinished basement area. Each of the two apartments provides 1,147 square feet of finished living space and 573.5 square feet of unfinished basement. The units have identical floor plans, each featuring two bedrooms, one full bathroom, a kitchen, a dining area, and a living room. Each unit also includes a private basement with a washer and dryer, offering storage space or potential for future utility use. Additional storage is available in the attic. Situated near the University of Kentucky, Central Baptist Hospital, Kroger Field, shopping centers, and parks, the property is suited for tenants and owner-occupants. Both apartments are currently vacant, allowing for immediate leasing or renovation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.516819
    Latitude
    38.021989

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    FAQs

    What type of property is this?
    Duplex - Well-located Lexington duplex with renovation potential near key amenities.
    Where is this duplex located?
    The property is located at 308 Arcadia Park Lexington, KY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity in the desirable Arcadia Park area of Lexington.; - Two identical units, each with 2 bedrooms and 1 bathroom.; - Each unit includes a private, unfinished basement with washer and dryer hookups, offering storage or expansion potential.
    (859) 582-6276
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Arcadia Park Lexington, KY 40503
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