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$375,000

206 Forest Park Rd Lexington, KY 40503

4 beds
2 full
1,680 sqft
0.1 acres
$223 / sqft
Multi-Family

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

Home typeMulti Family
HeatingNatural Gas, Floor Furnace, Forced Air
StatusSale Pending
(Pending)
CoolingWindow Unit(s), Electric
Size1,680 sqft
Lot size0.1435 Acres
Year built1923
Parking1 - 5 Spaces
MLS #25015045

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

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: 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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

45%
<35k
32%
35k-100k
21%
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?

72%
Single, No Kids
5%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
63%
18-34 yrs old
23%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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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.

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

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