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

$375,200

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 713 sqft

508 E Main St, Lexington, KY 40508

Central Downtown
Est. Refi. Payment $2,235/mo*
Refinance Your Home
Currently Off Market - Sold Jan 31, 2020 for $120,000

Home Value

Trulia Estimate
$375K
Since last month
Increased$12K (+3.3%)
Since last year
Increased$135K (+55.7%)
Since last sale
Increased$257K (+213.8%)
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 +230% in the last 10 years
MonthEstimated value
2026
August 2026$377K
July 2026$365K
June 2026$370K
May 2026$365K
April 2026$367K
March 2026$362K
February 2026$354K
January 2026$360K
2025
2024
2023
2020
2019
2018
2017
2016

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
508 E Main St #201, Lexington, KY
0.00
Condo
$274,900
01/23/26
1
1
786
125 Forest Ave #3003, Lexington, KY
0.10
Condo
$182,000
04/24/26
1
1
574
125 Forest Ave #3202, Lexington, KY
0.10
Condo
$180,000
09/26/25
1
1
574
258 E High St #204, Lexington, KY
0.38
Condo
$132,500
09/24/25
1
1
525
350 E Short St #206, Lexington, KY
0.26
Condo
$261,500
12/01/25
1
1
816
350 E Short St #305, Lexington, KY
0.28
Condo
$265,000
07/28/26
1
1
816
350 E Short St #306, Lexington, KY
0.26
Condo
$283,000
09/04/25
1
1
816
350 E Short St #223, Lexington, KY
0.27
Condo
$290,000
01/30/26
1
1
816
101 S Hanover Ave #8F, Lexington, KY
0.43
Condo
$189,070
07/14/26
1
1
815
101 S Hanover Ave #5H, Lexington, KY
0.43
Condo
$189,000
05/18/26
1
1
815

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
508 E Main St #402, Lexington, KY 40508
0.01
$471,300
3
2
1,633
Off Market
508 E Main St #409, Lexington, KY 40508
0.01
$410,000
2
2
1,215
Recently Sold
508 E Main St #306, Lexington, KY 40502
0.00
$273,200
1
1
713
Off Market
508 E Main St #410, Lexington, KY 40508
0.00
$258,500
1
1
709
Off Market
508 E Main St #5, Lexington, KY 40508
0.02
$193,300
1
1
674
Off Market
505 W Main #503, Lexington, KY 40508
0.04
$938,700
2
2
2,176
Off Market
505 W Main #501, Lexington, KY 40508
0.04
$1,170,900
3
3
2,758
Off Market
113 Kentucky Ave, Lexington, KY 40502
0.05
-
Studio
-
1,126
Off Market
111 Woodland Ave #505-506-507, Lexington, KY 40502
0.04
$1,484,200
2
4
3,677
Off Market
111 Woodland Ave #302, Lexington, KY 40502
0.05
$750,000
2
2
1,683
Recently Sold
111 Woodland Ave #310, Lexington, KY 40502
0.05
$679,600
2
2
1,674
Off Market
111 Woodland Ave #411, Lexington, KY 40502
0.05
-
2
2
1,590
Off Market

Local Information

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

Home Highlights

Property Type
Condo
Year Built
1931
Living Area
713 sqft
Price/Sqft
$526
Parking
Garage

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $375,200, with a rent estimate of $1,318/month.

Home Details for 508 E Main St

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
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 and Tax history

DateEventPrice
Mar 5, 2021
Source: N/A
ListingRemoved
Aug 16, 2020
Source: N/A
ListingRemoved
$1,100
Jul 16, 2020
Source: N/A
Listed For Rent
$1,100
Jan 31, 2020
Source: Rector Hayden REALTORS Solds #1914025_40508
Sold
$120,000
Oct 22, 2019
Source: Agent Provided
Pending
$149,900

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 Main St

  • What is 508 E Main St estimated to be worth?
    Trulia's estimated value for 508 E Main St in Lexington, KY is $375,200.
  • What is the price history for 508 E Main St?
    508 E Main St in Lexington, KY last sold for $120,000 in January 2020.
  • 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.
  • Does 508 E Main St have air conditioning?
    Yes, 508 E Main St in Lexington, KY has air conditioning.
  • Does 508 E Main St have laundry facilities?
    Yes, 508 E Main St in Lexington, KY has laundry facilities.

Explore by feature - Pet Friendly

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Off Market Homes Near 508 E Main St

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