550 E 7th St, Lexington, KY 40505
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Property image
OFF MARKET

550 E 7th St
Lexington, KY 40505

Duncan Park
  • 2 Beds
  • 1 Bath
  • 1,312 sqft

$178,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $980/mo*
Refinance Your Home

$178,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $980/mo*
Refinance Your Home
2 Beds
1 Bath
1,312 sqft

Local Information

  • Map ViewExplore the area around 550 E 7th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Looking for a home close to all the action of downtown with loads of potential? Then this may be the one for you. This two possible three bedroom house is located just minutes from the heart of downtown, Rupp Arena, Whitaker ballpark and Transylvania University. Built in 1900 it boasts many original features that you can't find in many newer homes such as some of the original wood floors, high ceilings, fireplaces in almost every room (not all functioning)and original wood trim on exterior. Owner has made some updates including newer windows, free standing wood stove, a new roof, all drains have been replaced and electrical boxes upgraded since purchasing in 2005. The sale includes the lot next to it at 548 E. Seventh St. Which you can use yourself and enjoy a nice large yard or build another home and rent one out. The possibilities are endless. Home does need some tlc but with all the positives it offers so much potential.
550 E 7th St, Lexington, KY 40505 is a 2 bedroom, 1 bathroom, 1,312 sqft single-family home in Duncan Park, built in 1900. It last sold for $25,000 on Sep 4, 2015. It is currently off market. The Trulia Estimate is $178,500, with a rent estimate of $1,410/month.

Home Highlights

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

Home Details for 550 E 7th St

Interior Features

Heating & Cooling
Heating: OtherCooling System: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Laminate
Interior Details
Number of Rooms: 4Types of Rooms: Family RoomCeiling Fan
Appliances & Utilities
DryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherPatio
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 7649 sqft

Building

Fitness & Sports
Tennis Court

Price History for 550 E 7th St

DatePriceEventSource
09/04/2015$25,000Sold
Imagine MLS #1506854
08/13/2015$36,000PendingAgent Provided
04/10/2015$36,000Listed For SaleAgent Provided
02/16/2015$42,500ListingRemovedAgent Provided
10/29/2014$42,500PriceChange
Agent Provided
08/21/2014$44,900Listed For SaleAgent Provided

Market trends in Lexington

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$327K
$6.5KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$191
$3MoM
Available listings
921
36MoM
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Property Tax and Assessment

Year2024
Tax$185
Assessment$15,000
Home facts updated by county records

Comparable Sales for 550 E 7th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
818 Idlewild Ct, Lexington, KY
0.29
Single-Family Home
$253,607
01/15/26
2
1
1,261
516 Shelby St, Lexington, KY
0.11
Single-Family Home
$215,000
04/22/26
3
1
1,802
559 Breckenridge St, Lexington, KY
0.03
Single-Family Home
$242,000
07/25/25
3
2
1,180
511 Breckenridge St, Lexington, KY
0.07
Single-Family Home
$212,000
09/22/25
3
1.5
1,492
635 Breckenridge St, Lexington, KY
0.14
Single-Family Home
$100,000
03/13/26
3
2
1,498
722 Shropshire Ave, Lexington, KY
0.10
Single-Family Home
$115,000
06/16/26
3
1
768
443 Ohio St, Lexington, KY
0.48
Single-Family Home
$151,000
03/20/26
2
1
1,063
825 Darley Dr, Lexington, KY
0.34
Single-Family Home
$225,000
10/15/25
3
1
1,200
852 Marcellus Dr, Lexington, KY
0.40
Single-Family Home
$200,000
05/26/26
3
1
1,274
413 E 4th St, Lexington, KY
0.49
Single-Family Home
$65,000
06/10/26
2
1
1,128

Nearby homes

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Assigned Schools

These are the assigned schools for 550 E 7th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Duncan Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Duncan Park

At least 29 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 75 % Say parking is easy

  • 71 % Say yards are well-kept

  • 69 % Say it's walkable to restaurants

  • 65 % Say streets are well-lit

  • 62 % Say car is needed

  • 58 % Say kids play outside

  • 58 % Say there's holiday spirit

  • 56 % Say they plan to stay for at least 5 years

  • 55 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 39 % Say people would walk alone at night

  • 37 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "West sixth is right down the street, the people that live on the block are very friendly. It’s a great sometimes quiet neighborhood "
    1
    Flag
  • B.
    "loud neighborhood. cars with bass play music at all hours and have no respect for neighbors. not safe. people throw trash on sidewalks and grass. robberies happen all the time. prostitution, drugs, not somewhere you want to live. only positive is there is a bus line. "
    24
    Flag
  • Naomi S.
    "I love the fact the store is around the corner and family live very close by and people are very friendly and quiet street"
    5
    Flag
  • Matt W
    "I either walk or drive, about a 10 minute walk or a 3 minute drive. There are main bus routes in the neighborhood though making it very easy to get downtown quickly. "
    1
    Flag
  • Krn_allen
    "The drug and prostitution problem. It’s really getting out of control. I hate when the children are getting out of school and they have to see a lot of the foolishness while walking home. "
    14
    Flag
  • SamanthaLink7
    "It’s close to downtown, and so there is plenty space to walk your dog. There is plenty sidewalk space to you don’t have to pick where you walk. In the summer the water fountains are running and the dogs love to play in them. "
    6
    Flag

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Homes for sale near 550 E 7th St

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Off Market Homes Near 550 E 7th St

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