#25014056, Listing office: Indigo & Co
206 Forest Park Rd Lexington, KY 40503
Property details
About 206 Forest Park Rd
Charming Duplex Near UK Campus - Prime Location! Great investment opportunity just steps from the University of Kentucky! This well-maintained duplex features two 2-bedroom, 1-bath units in an up/down layout. Both units have seen recent improvements and are in good overall condition, making this a solid, move-in-ready rental property. Property updates include: Replacement windows, Updated electrical, Gutter guard system, Roof approximately 12 years old, and Interior improvements in both units. Current leasing status: Main-level unit is leased on a month-to-month basis. Upper-level unit will have new tenants starting August 1. Additional features include a covered front porch, carport, and separate gas and electric meters (shared water with one meter). Strong rental potential in a highly desirable location. 📍 Within walking distance to three major hospitals, a short drive to Downtown Lexington, and just minutes from UK campus, this duplex offers excellent convenience for tenants and long-term value for owners. The property is being sold as-is, with inspections welcome. Ideal for investors or buyers looking to live near campus while generating rental income.
Highlights
(Pending)
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 4
- Parking: 1 - 5 Spaces
- Heating: Natural Gas, Floor Furnace, Forced Air
- Cooling: Window Unit(s), Electric
- List Price: $375,000
- Price/SqFt: $223
- Annual Tax Amount: $1,841
- Tax Year: 2023
- Directions: Waller Ave, to Elizabeth St to Forest Park. Or you can turn off Nicholasville Rd to Forest Park. Several ways to get there.
- Year Built: 1923
- Stories: 2
- Living Area: 1,680 SqFt
- Lot Size: 0.1435 Acres
- MLS Number: 25015045
- Office Name: Weesner Properties, Inc.
- Office Phone: (859) 621-4221
- Office Email: vicki@weesnerrealty.com
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Last updated on: 7/13/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $150,000 | $1,841 |
2022 | $150,000 | $1,870 |
2021 | $150,000 | $1,870 |
2019 | $150,000 | $1,870 |
2018 | $150,000 | $1,870 |
History based on county public records data.
Nearby schools
4
Picadome Elementary School
Public District PK-5
0.7 mi
•1642 Harrodsburg Rd
7
Maxwell Spanish Immersion Elementary School
Public Magnet KG-5
1.2 mi
•301 Woodland Ave
7
Cassidy Elementary School
Public District KG-5
1.3 mi
•1125 Tates Creek Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,901. Typical income of Lexington, KY residents is less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 206 Forest Park Rd
The listing price of 206 Forest Park Rd property is $375,000.
The property 206 Forest Park Rd is a multi located in Lexington, Kentucky, 40503.
Sale Pending: 206 Forest Park Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 206 Forest Park Rd are: Picadome Elementary School (GreatSchools Rating 4/10), Maxwell Spanish Immersion Elementary School (GreatSchools Rating 7/10), Cassidy Elementary School (GreatSchools Rating 7/10), Scapa at Bluegrass (GreatSchools Rating 8/10), Morton Middle School (GreatSchools Rating 6/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Opportunity Middle College (GreatSchools Rating 9/10), Lafayette High School (GreatSchools Rating 8/10), Steam Academy (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,841 (source: MLS/based on county public records data).
The property 206 Forest Park Rd is 1,680 SqFt (source: MLS/tax record).
The year of construction for 206 Forest Park Rd is 1923.
This home is located at 206 Forest Park Rd in Lexington, KY and zip code 40503 in the District 3 neighborhood. This 1,680 square foot home, which was built in 1923, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $375,000.
Lexington, KY housing market in June 2025 saw over 78 listings sold above listed price, more than 79 sold at listed price and over 173 sold below. The number of listings in Lexington, KY increased by 0.7% between May and June 2025. The median list price of listings available in June 2025 was $332,357, while the average time on the real estate market was 20 days.