508 E 3rd St, Lexington, KY 40508
OFF MARKET

$191,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,500 sqft

508 E 3rd St, Lexington, KY 40508

Central Downtown
Est. Refi. Payment $1,197/mo*
Refinance Your Home
Currently Off Market - Sold Feb 15, 2019 for $30,000

Home Value

Trulia Estimate
$191K
Since last month
Increased$11K (+5.9%)
Since last year
Increased$44K (+27.3%)
Since last sale
Increased$175K (+582%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +140% in the last 10 years
MonthEstimated value
2026
August 2026$205K
July 2026$193K
June 2026$208K
May 2026$200K
April 2026$215K
March 2026$183K
February 2026$161K
2022
2021
2020
2019
2018
2017

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
413 E 4th St, Lexington, KY
0.15
Single-Family Home
$65,000
06/10/26
2
1
1,128
336 Ohio St, Lexington, KY
0.16
Single-Family Home
$159,990
02/27/26
2
1
1,100
517 Goodloe St, Lexington, KY
0.07
Single-Family Home
$318,000
05/04/26
2
1.5
1,437
443 Chestnut St, Lexington, KY
0.23
Single-Family Home
$109,900
05/27/26
3
1
1,144
449 Ohio St, Lexington, KY
0.28
Single-Family Home
$138,000
11/14/25
3
1
1,694
443 Ohio St, Lexington, KY
0.27
Single-Family Home
$151,000
03/20/26
2
1
1,063
117 W 5th St, Lexington, KY
0.63
Single-Family Home
$182,000
10/30/25
2
1
1,286
569 N Upper St, Lexington, KY
0.73
Single-Family Home
$68,600
01/05/26
2
1
775
331 Wilgus Ave, Lexington, KY
0.09
Single-Family Home
$242,500
05/08/26
3
1.5
1,260
134 Deweese St, Lexington, KY
0.36
Single-Family Home
$280,000
07/20/26
3
1
1,145

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
417 E 3rd St, Lexington, KY 40508
0.05
$313,700
3
2
1,264
Off Market
517 Goodloe St, Lexington, KY 40508
0.07
$318,000
2
1.5
1,437
Recently Sold
540 E 4th St, Lexington, KY 40508
0.10
$304,650
3
2
1,270
Recently Sold
338 Wilgus Ave, Lexington, KY 40508
0.07
$253,000
2
1.5
970
Off Market
331 Wilgus Ave, Lexington, KY 40508
0.09
$242,500
3
1.5
1,260
Recently Sold
556 Third Street, Lexington, KY 40508
0.14
$352,700
3
2
-
Off Market
223 Race St, Lexington, KY 40508
0.09
$250,000
4
2
1,500
For Sale
333 Wilgus Ave, Lexington, KY 40508
0.09
$274,000
4
2
1,476
Off Market
425 Shropshire Ave, Lexington, KY 40508
0.14
$299,600
3
2
1,375
Off Market
207 Race St, Lexington, KY 40508
0.12
-
-
-
-
Off Market
424 Race St, Lexington, KY 40508
0.14
$279,600
3
2
1,338
Off Market
374 E 3rd St, Lexington, KY 40508
0.12
$338,200
5
2
2,334
Off Market

Local Information

  • Map ViewExplore the area around 508 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1948
Living Area
1,500 sqft
Price/Sqft
$127

About this House

This single-family home is located at 508 E 3rd St, Lexington, KY. 508 E 3rd St is in the Central Downtown neighborhood in Lexington, KY and in ZIP code 40508. This property has 2 bedrooms, 1 bathroom and approximately 1,500 sqft of floor space. This property has a lot size of 1785 sqft and was built in 1948.
508 E 3rd St, Lexington, KY 40508 is a 2 bedroom, 1 bathroom, 1,500 sqft single-family home in Central Downtown, built in 1948. It last sold for $30,000 on Feb 15, 2019. More recently, it was listed as a rental in June 2023 with an asking price of $3,000 per month. That rental listing was removed on July 4, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $191,200, with a rent estimate of $1,563/month.

Home Details for 508 E 3rd St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air Conditioning

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Cement Concrete
Parking & Garage
Parking: Off Street

Lot Information

Lot Area: 1785 sqft

Price and Tax history

DateEventPrice
Jul 4, 2023
Source: Zillow Rentals
ListingRemoved
Jun 13, 2023
Source: Zillow Rentals
Listed For Rent
$3,000
Oct 7, 2022
Source: Zillow Rental Manager
ListingRemoved
Sep 6, 2022
Source: Zillow Rental Manager
Listed For Rent
$4,500
Feb 15, 2019
Source: N/A
Sold
$30,000

Market trends in Lexington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$336K
$4.83KMoM
Sale-to-List Price
99.7%
0.4%MoM
Price per sq ft
$196
$1MoM
Available listings
1048
104MoM

Around this home

Neighborhood Overview

Central Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Downtown

At least 30 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 79 % Say parking is easy

  • 79 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 72 % Say car is needed

  • 65 % Say people would walk alone at night

  • 63 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 51 % Say yards are well-kept

  • 50 % Say it's quiet

  • 50 % Say kids play outside

  • 46 % Say there are community events

  • 36 % Say it's walkable to grocery stores

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there's lots of other dogs in the neighborhood and friendly neighbors as well. it's an overall great neighborhood to live in with a lot of kind people. "
    0
    Flag
  • Trulia User
    "We have a 4th of July block party every year, Main Street is close off in front of our homes the fireworks are right across the street. "
    1
    Flag
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
    1
    Flag
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
    4
    Flag
  • Clara W.
    "It’s right next to the park, which is great for walking and playing with your dogs. However, some houses in these areas do not have backyards, so it is difficult if you have a dog constantly needing access to the outdoors or accustomed to a backyard. "
    5
    Flag
  • Laura W.
    "The commute is okay. I work in Nicholasville so we head out on Tate’s Creek in the morning and it’s not too bad. The stop lights are pretty annoying. "
    0
    Flag
  • karenw
    "I’ve lived in this neighborhood for 11 years. Neighbors are friendly, good people. I walk to neighborhood and downtown events, restaurants, coffee shops, theaters. I love living in downtown area."
    18
    Flag
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
    1
    Flag
  • Beth C.
    "Must leash and walk quite a way to allow dogs to potty. Small yards some not fenced. Historical neighborhood which means people are pickier."
    2
    Flag
  • Angieclift
    "W. Second St. Lexington, Ky is a great downtown area to walk or just enjoy yourself at a nearby restaurant, pub, brewery or distillery. W. Second street is conveniently located within short walking distance to Gratz park, the home of Mary Todd Lincoln or Triangle park. Do a little shopping at Festival Market, Victorian Square or a wine shop. Watch the Kentucky Wildcats play at Rupp Arena. Thursday, Friday and Saturdays are usually the busiest times of the week for this area. Very close to public and highly rated private schools in a matter of just a few minutes walking. Bus stops located on the same street. Excellent historical part of Lexington, Ky to hang out and enjoy yourself."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 508 E 3rd St

  • What is 508 E 3rd St estimated to be worth?
    Trulia's estimated value for 508 E 3rd St in Lexington, KY is $191,200.
  • What is the price history for 508 E 3rd St?
    508 E 3rd St in Lexington, KY last sold for $30,000 in February 2019.
  • Is Lexington a buyer's or seller's market?
    Lexington is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lexington?
    The median sale price in Lexington is $336K. That is up $4.83K from the prior month.
  • How big is the lot at 508 E 3rd St?
    The lot at 508 E 3rd St in Lexington, KY is about 0.04 acres (1,785 sq ft).
  • Does 508 E 3rd St have parking?
    Yes, 508 E 3rd St in Lexington, KY has on-site parking.

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 508 E 3rd St

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