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Duplex with Loft Unit
For Sale
$499,900
Pending

1043 A & B Crescent Avenue, Lexington, KY 40503

MULTI_FAMILY - Lexington, KY

Property Size1,600 SF
Lot Size0.11 Acres
Days on Market52

Property Features for 1043 A & B Crescent Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Laundry Room, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Parking 5
Subdivision Uk Campus
Elementary school Picadome
Middle school Morton
High school Lafayette
Elementary school district Fayette County - 1
Middle school district Fayette County - 1
High school district Fayette County - 1
Directions Waller Avenue to Crescent Ave. House is near end of street.
Standard status Pending
APN 21534700
Size 1,600 SF
Lot size 0.11 Acres

Utilities

Utilities Cable Available
Heating system Heat Pump (Heating)
Cooling system Ceiling Fan(s), Central Air, Electric

Building Details

Year built 1935
Floors in Building 1
Number of units 2
Roof type Shingle
Listing Agency: Bluegrass Properties Group
Listed By: Holly A Nutter
Added: Jun 11 Changed: Jul 24 Last Checked: Aug 1 at 3:06PM
MLS# 26013558

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.

Investment Insights

Based on property information with market context.

This duplex-style property at 1043 A & B Crescent Avenue includes a main house with three spacious bedrooms, a full bath, original hardwood floors, and classic architectural details. The functional layout features a comfortable living area, a full kitchen, and ample storage throughout, with a full complement of appliances including a front-loading washer and dryer. A separate updated loft unit provides an additional, self-contained configuration.

The property is located in Lexington, within walking distance of the University of Kentucky campus and hospital, with convenient access to campus amenities and downtown. The home includes five off-street parking spots, and the site size is 0.11 acres. Zoning is R-2.

For tenants seeking proximity to campus and healthcare, the main unit’s bedroom and living space can support student, faculty, or professional occupancy. The separate loft unit is currently rented through July 2027 at $1050, creating a defined second rental component. With its combination of established interior features and two distinct living spaces, the property offers practical flexibility for investors or owner-occupants looking for a duplex configuration.

Key Highlights

  • Year built 1935 home with historic character, original hardwood floors, and classic architectural details
  • 3‑bedroom main house plus full bath, living area, and full kitchen with abundant natural light
  • Separate updated loft unit currently rented through July 2027 at $1050

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A two-unit setup with a separate updated loft and off-street parking near campus and hospital.
Where is this duplex located?
The property is located at 1043 A & B Crescent Avenue Lexington, KY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Year built 1935 home with historic character, original hardwood floors, and classic architectural details; 3‑bedroom main house plus full bath, living area, and full kitchen with abundant natural light; Separate updated loft unit currently rented through July 2027 at $1050
More about this property
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