4 days on Rocket
#25016058, Listing office: Bluegrass Realty Pros, Inc
Property details
About 524 Shelby St
Charming Investment Opportunity in Lexington!Welcome to 524 Shelby St - a well-maintained 3-bedroom, 1-bath home currently used as a rental, offering solid income potential in an established neighborhood. This property features a spacious layout, hardwood floors, and a large 2-car detached garage--perfect for extra storage or tenant convenience. Nestled on a quiet street with easy access to downtown, New Circle Road, and local shops and schools, it's an ideal addition to any investor's portfolio. Whether you're expanding your rental holdings or looking for a starter home with room to grow, this property checks all the boxes.Schedule your showing today and see the value for yourself!
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.2135 Acres
Year built1904
MLS #25016278
Summary
- Full Bathrooms: 1
- Flooring Type: Other
- Total Bedroom Count: 3
- Heating: Other
- Cooling: Other
- List Price: $200,000
- Annual Tax Amount: $1,795
- Tax Year: 2023
- Directions: From downtown Lexington, head east on Main Street, then turn left onto North Limestone. Continue for about half a mile and turn right onto East Loudon Avenue. After about 0.7 miles, turn left onto Shelby Street. Drive a short distance, and 524 Shelby St will be on your left.
- Year Built: 1904
- Stories: 1
- Lot Size: 0.2135 Acres
- MLS Number: 25016278
- Office Name: Bluegrass Realty Pros, Inc
- Office Phone: (270) 312-2943
- Office Email: jarstferjl@gmail.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: 7/28/2025, 12:45:32 AM 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 |
|---|---|---|
| Oct 20, 2020 | Home Sold | $345,000 |
| Dec 22, 2016 | Home Sold | $45,000 |
| Dec 22, 2016 | Home Sold | $47,000 |
| Dec 22, 2016 | Home Sold | $47,000 |
| Dec 22, 2016 | Home Sold | $45,000 |
| Mar 11, 2015 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $145,200 | $1,795 |
| 2022 | $125,000 | $1,596 |
| 2021 | $125,000 | $1,596 |
| 2019 | $54,300 | $693 |
| 2018 | $47,000 | $600 |
History based on county public records data.
Nearby schools
4
William Wells Brown Elementary School
Public District PK-5
0.3 mi
•555 E Fifth St
2
Arlington Elementary School
Public District PK-5
0.7 mi
•122 Arceme Ave
7
Ashland Elementary School
Public District KG-5
0.9 mi
•195 N Ashland Ave
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 $49,779. The majority of Lexington, KY residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
26%
<35k
69%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
21%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
10%
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
Mazda
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 524 Shelby St
The listing price of 524 Shelby St property is $200,000.
The property 524 Shelby St is a house located in Lexington, Kentucky, 40505.
Active Listing: 524 Shelby St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 524 Shelby St are: William Wells Brown Elementary School (GreatSchools Rating 4/10), Arlington Elementary School (GreatSchools Rating 2/10), Ashland Elementary School (GreatSchools Rating 7/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Bryan Station Middle School (GreatSchools Rating 3/10), Morton Middle School (GreatSchools Rating 6/10), Steam Academy (GreatSchools Rating 8/10), Bryan Station High School (GreatSchools Rating 2/10), Martin L King Academy for Excellence Alternative (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $1,795 (source: MLS/based on county public records data).
The last sale was on October 20, 2020 for $345,000 (source: MLS/tax record).
The property at 524 Shelby St has 3 bedrooms and 1 bathroom.
The year of construction for 524 Shelby St is 1904.
This home is located at 524 Shelby St in Lexington, KY and zip code 40505 in the District 1 neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $200,000.
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. In June 2025 in Lexington, KY there were 0.7% more homes for sale than in May. 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.