$2,494 Closing Credit¹
#25009238, Listing office: Riesig Realty
$234,000 List price
430 Morgan Ave Lexington, KY 40505
$2,779
Closing credit¹
3 beds
3 full
0.1 acres
Multi-Family
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
Home typeMulti Family
HeatingElectric, Zoned
StatusActive
CoolingZoned, Electric
Lot size0.138 Acres
Year built1922
Parking1 - 5 Spaces, On Site, Gravel, Open
MLS #25009994
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- Parking: 1 - 5 Spaces, On Site, Gravel, Open
- Heating: Electric, Zoned
- Cooling: Zoned, Electric
- List Price: $234,000
- 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
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: 6/5/2025, 9:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$234,000
430 Morgan Ave
$2,779
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Lexington, KY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
76%
<35k
22%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
24%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 430 Morgan Ave
The listing price of 430 Morgan Ave property is $234,000.
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 $234,000.
In May 2025, from all listings sold in Lexington, KY there were more than 106 sold above asking price, over 159 sold below and more than 104 were sold right at the asked price. Between April and May 2025, Lexington, KY real estate market has seen increase in the number of listings by 8.6%. In May 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $330,208.
From Rocket Homes Real Estate and based on county public records data.