321 Clay Ave, Lexington, KY 40502
321 Clay Ave, Lexington, KY 40502
321 Clay Ave, Lexington, KY 40502
FOR SALE

321 Clay Ave
Lexington, KY 40502

Mount Vernon-Hollywood-Montclair

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$279
Listed
130 days ago

Local Information

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Commute Destination
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Description

This is a fantastic opportunity for an owner occupant or investor! This beautiful historic triplex is in a great location minutes from Chevy Chase, UK, Kroger's, Woodland Park, downtown, shopping, and restaurants. The current monthly income is over $2k, two units are leased, the 3rd is a successful Airbnb. This property could easily be converted back into a single-family home. The roof was replaced in 2016, The Large downstairs Apartment rents for $695/month, including utilities (currently rented under market value to a long-term tenant). This unit has central Air, gas furnace with electric heat pump, original hardwood floors and wood trim throughout, a beautifully tiled fireplace and mantel (non-working) and a custom built in wardrobe, ceiling fans, updated windows, kitchen with gas range, refrigerator, laundry room, mudroom, access to the unfinished basement, large wrap around front porch. Unit # 2 is a successful Airbnb that averages $775/month, priced low, central Air, separate gas furnace, updated kitchen. . Super cute upstairs Studio Apartment with a 'treehouse' feel, is currently leased for $595 + electric, baseboard heat and window AC ,with a private deck.

Home Details for 321 Clay Ave

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1843 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: CombinationHas Heating
Levels, Entrance, & Accessibility
Levels: One and One Half
Security
Security: No Sprinklers

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Parking: 1 - 5 Spaces
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 130

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: ApartmentsArchitecture: Apartments
Property Information
Parcel Number: 13940100

Price & Status

Price
Price Per Sqft: $279
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
Community: Uk Campus
School Information
Elementary School: CassidyElementary School District: Fayette County - 1Jr High / Middle School: MortonJr High / Middle School District: Fayette County - 1High School: Henry ClayHigh School District: Fayette County - 1

Agent Information

Listing Agent
MLS/Source ID: 20114609

Building

Building Area
Building Area: 1843 Square Feet

Lot Information

Lot Area: 6150 Square Feet

Offer

Listing Terms: Sale
Last check for updates: about 21 hours ago
Listing courtesy of Lee King
The Kinglander Company
Source: LBAR, MLS#20114609

Price History for 321 Clay Ave

Event DetailsPrice
11/13/2021
PriceChange
LBAR #20114609
$515K

08/16/2021
PriceChange
LBAR #20114609
$555K

07/26/2021
Listed For Sale
LBAR #20114609
$585K

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Price Trends

For homes in 40502
$435,377
Typical home value
This home: $515,000 15% above
$268
Typical Home Value by sqft
This home: $279 4% above
Price trends provided by third party data sources.

Neighborhood Overview

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

What Locals Say about Mount Vernon-Hollywood-Montclair

At least 10 Trulia users voted on each feature.
  • 100%
    It's dog friendly
  • 100%
    Yards are well-kept
  • 100%
    It's walkable to restaurants
  • 100%
    There are sidewalks
  • 92%
    It's walkable to grocery stores
  • 72%
    There's holiday spirit
  • 66%
    Car is needed
  • 66%
    Streets are well-lit
  • 60%
    It's quiet
  • 46%
    There's wildlife
  • 43%
    Neighbors are friendly
  • 38%
    Kids play outside
Learn more about our methodology.
  • Trulia User
    "Great neighborhood for walks, safe and quiet streets and sidewalks. There are many great areas nearby for walks, neighbors are very friendly."
    0
    Flag
  • Trulia User
    "There’s always people walking their dogs. Dogs are on leashes and owners clean up after the dogs. Truly a great neighborhood to live in. "
    0
    Flag
  • Trulia User
    "This is a decent walk to campus. It is well-within walking distance to the Euclid Kroger and other restaurants nearby."
    1
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
321 Clay Ave, Lexington, KY 40502 is a 3 bedroom, 3 bathroom, 1,843 sqft multi-family built in 1950. 321 Clay Ave is located in Mount Vernon-Hollywood-Montclair, Lexington. This property is currently available for sale and was listed by LBAR on Jul 26, 2021. The MLS # for this home is MLS# 20114609.