Mixed-Use Triplex with
For Sale
$340,000
502 W Lexington Avenue, Winchester, KY 40391
MULTI_FAMILY - Winchester, KY
Property Size4,798 SF
Lot Size0.18 Acres
Price / SF$70.86
Days on Market96
Property Features for 502 W Lexington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
B-3
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 1, Bedroom 1, Bathroom 4
Parking
16
Subdivision
Downtown
Elementary school
Justice
Middle school
Robert Campbell
High school
GRC
Elementary school district
Clark County - 7
Middle school district
Clark County - 7
High school district
Clark County - 7
Directions
Corner of Lexington Avenue and Hayes Street
Standard status
Active
APN
054-1014-003-00
Size
4,798 SF
Lot size
0.18 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric
Building Details
Floors in Building
2
Number of units
3
Roof type
Flat
Listing Agency:
Kentucky Residential Real Estate, LLC
(859) 229-5974
Listed By:
Jason Townsend
(859) 771-0532
Added: May 8
Changed: Jul 28
Last Checked: Aug 11 at 11:06AM
MLS# 26010324
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Investment Insights
Based on property information with market context.
This 4,798-square-foot brick mixed-use property on a 0.18-acre lot combines a main-level commercial suite with two upper-floor apartments. Each apartment contains two bedrooms and one bathroom, while the commercial area includes three half baths. Laundry hookups serve all three units, and a basement with a freight elevator provides additional storage capacity.
The building fronts W Lexington Avenue in Winchester and includes approximately 16 parking spaces. Two HVAC units and the roof were replaced within the last 2 years. Natural gas heating and electric cooling are in place, and all three units are currently occupied.
The building fronts W Lexington Avenue in Winchester and includes approximately 16 parking spaces. Two HVAC units and the roof were replaced within the last 2 years. Natural gas heating and electric cooling are in place, and all three units are currently occupied.
Key Highlights
- 4,798‑square‑foot brick mixed‑use building on a 0.18‑acre lot
- Main‑level commercial space with W Lexington Avenue frontage
- Two upper‑level apartments, each with 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 40391, KY
36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick property offers a street-facing commercial space and two upstairs two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 502 W Lexington Avenue Winchester, KY.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 4,798‑square‑foot brick mixed‑use building on a 0.18‑acre lot; Main‑level commercial space with W Lexington Avenue frontage; Two upper‑level apartments, each with 2 bedrooms and 1 bathroom
