$195,000
 $1,047 est/mo Sourced by Back At You

317 Ross Avenue,Lexington, KY 40508

Lexington, KY 40508

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Description

You're looking at a terrific investment opportunity in the heart of downtown Lexington with an established tenant and current lease in place, providing the potential for immediate rental income. The current owner has freshly remodeled the property, transforming the home both inside and out with new vinyl siding and numerous interior updates. The renovated kitchen features new cabinetry, stainless steel appliances, a stylish backsplash, and quartz countertops, while the modern bathroom includes a tiled walk-in shower, updated vanity, and contemporary finishes. A covered front porch and covered, raised wood deck at the rear of the home provide inviting outdoor spaces, while the backyard offers additional room to enjoy. Located less than half a mile from Transylvania University and just minutes from Rupp Arena, restaurants, shopping, events, and everything downtown Lexington has to offer.

Details

MLS #26020992
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year1909
Days On Site60
Listing Provided ByRO&CO Real Estate | Brooklyn N De La O

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet980
Story(s)1
Acreage0.07

Interior

Rooms Total6
CoolingCeiling Fan(s), Electric
HeatingNatural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesCeiling Fan(s)
AppliancesDishwasher, Range, Refrigerator

Exterior

RoofShingle
Construction MaterialsVinyl Siding
Foundation DetailsSlab
FencingPartial

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesOn Street

Utilities

SewerPublic Sewer

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40508
Area001 Fayette County NW
SubareaFayette County NW
School DistrictFayette County
Elementary SchoolHarrison
High SchoolLafayette
Listing VS Median (in 40508)
Price:
$195,000
low | high
Med:
$255,000
19.230769230769% of Average
sqft:
980
low | high
Med:
1,582
11.428571428571% of Average
$ / sqft:
$199
low | high
Med:
$161
68.992511912866% of Average
On site:
60
low | high
Med:
3
100% of Average
Sourced by Back At You

Market Activity 40508

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Learn More About This Property

StateKY
CountyFayette
CityLexington
Zip Code40508
Area001 Fayette County NW
SubareaFayette County NW
School DistrictFayette County
Elementary SchoolHarrison
High SchoolLafayette
Listing VS Median (in 40508)
Price:
$195,000
low | high
Med:
$255,000
19.230769230769% of Average
sqft:
980
low | high
Med:
1,582
11.428571428571% of Average
$ / sqft:
$199
low | high
Med:
$161
68.992511912866% of Average
On site:
60
low | high
Med:
3
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:30:42 AM PDT