$199,000

157 E Loudon Ave Lexington, KY 40505

$2,363
Closing credit¹
5 beds
3 full
2,083 sqft
0.07 acres
$96 / sqft
Multi-Family

Property details

About 157 E Loudon Ave

Opportunity is Knocking! This versatile property on Loudon has been a neighborhood staple for years, and now it's your turn to make it shine. Is it a residential tri-plex? A retail store with two residences? Three retail spaces? The choice is yours! At this unbeatable price and prime location, whatever you envision is sure to be a win. The occupied upstairs apartment could provide immediate income, while you transform the vacant first-floor retail space and an additional vacant apartment--the possibilities endless. Whether you're an investor, entrepreneur, or visionary, now is the time to let your imagination soar and your business savvy take the lead.

Highlights

Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size2,083 sqft
Lot size0.0727 Acres
Year built1948
MLS #25002316

Summary

  • MLS Number: 25002316
  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305
  • Office Email: office@guide-realty.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 3:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of street

$199,000

157 E Loudon Ave

$2,363

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 06, 2020
Home Sold
$112,900
Mar 06, 2020
Home Sold
$112,900

Tax history

YearAssessmentProperty Tax
2023$125,000$1,545
2022$112,900$1,442
2021$112,900$1,442
2019$112,900$1,442
2018$105,000$1,341

History based on county public records data.

Nearby schools

2

Arlington Elementary School

Public District PK-5

0.2 mi

122 Arceme Ave

4

William Wells Brown Elementary School

Public District PK-5

0.7 mi

555 E Fifth St

4

Northern Elementary School

Public District PK-5

1.1 mi

340 Rookwood Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,820. The most common annual income of people living in Lexington, KY is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

48%
<35k
44%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 157 E Loudon Ave in Lexington, KY and zip code 40505 in the Castlewood neighborhood. This 2,083 square foot home, which was built in 1948, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $199,000.

In March 2025 more than 63 listings in Lexington, KY were sold above the asking price. During the same period more than 57 listings were sold at asking price, while more than 101 were sold below. The number of listings in Lexington, KY increased by 18.8% between February and March 2025. In March 2025 median list price was $329,865 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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