#25009238, Listing office: Riesig Realty
Property details
About 430 Morgan Ave
This triplex offers three 1 bed / 1 bath units, each designed for easy upkeep and consistent rental income. Whether you're a first-time investor looking for a manageable start or a seasoned pro expanding your portfolio, this property checks all the boxes. With an opportunity to add value, each unit features efficient layouts, strong tenant appeal, and separate entrances. Enjoy steady cash flow, minimal vacancy, and the potential for long-term appreciation. Live in one and rent the others or lease all three for maximum ROI? The choice is yours! Owner pays all utilities. As-Is, inspections welcome.
Highlights
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- Parking: 1 - 5 Spaces, On Site, Gravel, Open
- Heating: Electric, Zoned
- Cooling: Zoned, Electric
- List Price: $195,000
- Annual Tax Amount: $1,434
- Tax Year: 2023
- Directions: From Downtown Lexington, turn right on N Limestone, turn right Glenn Pl, turn left onto Bryan Ave, turn right onto Morgan Ave, house is on the right. No sign in the yard.
- Year Built: 1922
- Stories: 1
- Lot Size: 0.138 Acres
- MLS Number: 25009994
- Office Name: Mayca Property Solutions
- Office Phone: (859) 667-3436
- Office Email: sarah@maycaps.com
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Last updated on: 7/21/2025, 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
Date | Event | Price |
---|---|---|
Mar 22, 2022 | Home Sold | $116,000 |
Oct 06, 2016 | Home Sold | $25,000 |
Oct 06, 2016 | Home Sold | $25,000 |
Aug 16, 2016 | Home Sold | $22,000 |
Aug 16, 2016 | Home Sold | $22,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $116,000 | $1,434 |
2022 | $25,000 | $319 |
2021 | $25,000 | $319 |
2019 | $25,000 | $319 |
2018 | $25,000 | $319 |
History based on county public records data.
Nearby schools
2
Arlington Elementary School
Public District PK-5
0.5 mi
•122 Arceme Ave
4
Northern Elementary School
Public District PK-5
0.6 mi
•340 Rookwood Pkwy
4
William Wells Brown Elementary School
Public District PK-5
1.0 mi
•555 E Fifth St
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 $21,667. The most common annual income of people living in Lexington, KY is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 430 Morgan Ave
The listing price of 430 Morgan Ave property is $195,000.
The property 430 Morgan Ave is a multi located in Lexington, Kentucky, 40505.
Active Listing: 430 Morgan Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 430 Morgan Ave are: Arlington Elementary School (GreatSchools Rating 2/10), Northern Elementary School (GreatSchools Rating 4/10), William Wells Brown Elementary School (GreatSchools Rating 4/10), Bryan Station Middle School (GreatSchools Rating 3/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Crawford Middle School (GreatSchools Rating 2/10), Steam Academy (GreatSchools Rating 8/10), Bryan Station High School (GreatSchools Rating 2/10), Frederick Douglass High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,434 (source: MLS/based on county public records data).
The last sale was on March 22, 2022 for $116,000 (source: MLS/tax record).
The year of construction for 430 Morgan Ave is 1922.
This home is located at 430 Morgan Ave in Lexington, KY and zip code 40505 in the District 1 neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $195,000.
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. In June 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $332,357.