508 E  Main St, Lexington, KY 40508
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Property image
OFF MARKET

508 E Main St
Lexington, KY 40508

Central Downtown
  • 1 Bed
  • 1 Bath
  • 713 sqft

$372,000

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $2,224/mo*

$372,000

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $2,224/mo*
1 Bed
1 Bath
713 sqft

Local Information

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

Description

Listed by Kimberly Holtegel. Luxurious downtown living! Walk to your favorite coffee shop, restaurants, or work! This exclusive 1 bedroom condo located in The Wellington Arms is available for the buyer who desires a beautiful setting with all the amenities. While being the only unit on the market at this time within this property, it sustains a home life with unique features: 1930's original light fixtures, original hardwood floors, remodeled bathroom, inlaid wood doors, kitchen wall open to the living area, pleasing views of downtown, a large storage room within the unit, historical features within the shared common areas, graceful courtyard, and secure building and parking garage. This is a must see! Call today for your private showing.
508 E Main St, Lexington, KY 40508 is a 1 bedroom, 1 bathroom, 713 sqft condo in Central Downtown, built in 1931. It last sold for $120,000 on Jan 31, 2020. More recently, it was listed as a rental in July 2020 with an asking price of $1,100 per month. That rental listing was removed on March 5, 2021. It is currently off market. The Trulia Estimate is $372,000, with a rent estimate of $956/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 508 E Main St

Interior Features

Heating & Cooling
Heating: Other, ElectricAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
DishwasherRefrigerator

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Stone, Brick
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Condo

Additional Information

On Site Laundry Available

Price History for 508 E Main St

DatePriceEventSource
03/05/2021ListingRemovedN/A
08/16/2020$1,100ListingRemovedN/A
07/16/2020$1,100Listed For RentN/A
01/31/2020$120,000Sold
Rector Hayden REALTORS Solds #1914025_40508
10/22/2019$149,900PendingAgent Provided
07/03/2019$149,900PriceChange
Agent Provided
05/08/2019$155,000PriceChange
Agent Provided
04/30/2019$165,000Listed For SaleAgent Provided
04/17/2019$1,350ListingRemovedAgent Provided
03/12/2019$161,000Sold
Rector Hayden REALTORS Solds #1902556_40508
03/06/2019$1,350PriceChange
Agent Provided
01/17/2019$1,450PriceChange
Agent Provided
12/17/2018$1,495PriceChange
Agent Provided
11/27/2018$1,550Listed For RentAgent Provided
06/28/2018$1,350ListingRemovedN/A
05/27/2018$1,350Listed For RentN/A
03/22/2018$1,275ListingRemovedAgent Provided
02/01/2018$1,275Listed For RentAgent Provided
05/14/2015$172,000ListingRemovedAgent Provided
05/01/2015$172,000PriceChange
Agent Provided
02/27/2015$175,000PriceChange
Agent Provided
12/23/2014$178,500Listed For SaleAgent Provided
05/29/2014$270,000Sold
N/A

Market trends in Lexington

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$332K
$5K
MoM
Sale-to-List Price
99.3%
0.6%
MoM
Price per sq ft
$195
$4
MoM
Available listings
939
15
MoM
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Property Tax and Assessment

Year2024
Tax$3,339
Assessment$270,000
Home facts updated by county records

Comparable Sales for 508 E Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$274,900
01/23/26
1
1
786
0.10
Condo
$182,000
04/24/26
1
1
574
0.10
Condo
$180,000
09/26/25
1
1
574
0.10
Condo
$185,000
08/27/25
1
1
580
0.38
Condo
$132,500
09/24/25
1
1
525
0.26
Condo
$261,500
12/01/25
1
1
816
0.26
Condo
$283,000
09/04/25
1
1
816
0.27
Condo
$290,000
01/30/26
1
1
816
0.43
Condo
$185,000
03/13/26
1
1
815
0.43
Condo
$205,000
08/18/25
1
1
745

Nearby homes

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Neighborhood Overview

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

  • 80 % 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 it's quiet

  • 51 % Say yards are well-kept

  • 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. "
  • 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. "
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
  • 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. "
  • 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. "
  • 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."
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
  • 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."
  • 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."

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Homes for sale near 508 E Main St

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Off Market Homes Near 508 E Main St

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