$369,000

588 E Fifth St Lexington, KY 40508

$4,382
Closing credit¹
4 beds
3 full
0.2 acres
House

Property details

About 588 E Fifth St

Downtown living with a 2 car garage and driveway parking, a beautiful fenced in backyard with a covered patio and a first floor primary is a big ask in todays real estate market, well guess what I have all these things for you here with 588 East Fifth Street. This beautiful home has a first floor primary and a first floor bedroom that could also serve as a home office, additionally the home has 2 first floor full baths, along with 2 more bedrooms and a full bath on the second floor and open open concept concept perfect for anyone. On top of all these wonderful things the seller has done an amazing job of updating this home with these amazing features all 3 bathrooms are updated, along with an amazing kitchen and flooring thorough out no carpet in this house. This is a gem of a house and is ready for its next owner.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Lot size0.1954 Acres
Year built2010
ParkingOff Street, Driveway
MLS #25012190
FireplaceWood Burning

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Flooring Type: Laminate
  • Interior: Dining Area, Entrance Foyer, Bedroom First Floor, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s)
  • Fireplace: Wood Burning
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: Off Street, Driveway
  • Exterior: Patio, Porch
  • Architectural Style: Cape Cod
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • List Price: $369,000
  • Annual Tax Amount: $2,471
  • Tax Year: 2023
  • Directions: winchester to nelson left on to 5ft
  • Year Built: 2010
  • Stories: 1
  • Lot Size: 0.1954 Acres
  • MLS Number: 25012190
  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444
  • Office Email: mdowning@kw.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: 6/9/2025, 8:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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588 E Fifth St, Lexington, KY 40508 - view of front of property featuring a garage, a shingled roof, a porch, concrete driveway, and a chimney

$369,000

588 E Fifth St

$4,382

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 17, 2020
Home Sold
$199,900
May 30, 2019
Home Sold
$178,000
Dec 28, 2010
Home Sold
$124,900
Nov 19, 2010
Home Sold
$12,000

Tax history

YearAssessmentProperty Tax
2023$199,900$2,471
2022$199,900$2,553
2021$199,900$2,553
2019$158,000$2,018
2018$124,900$1,595

History based on county public records data.

Nearby schools

4

William Wells Brown Elementary School

Public District PK-5

0.1 mi

555 E Fifth St

7

Ashland Elementary School

Public District KG-5

0.5 mi

195 N Ashland Ave

7

Maxwell Spanish Immersion Elementary School

Public Magnet KG-5

1.0 mi

301 Woodland Ave

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 $16,154. Most Lexington, KY residents have annual incomes less than $<35k. Typical family type is single, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

82%
<35k
18%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
50%
Single, with Kids
4%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

32%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
26%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

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

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Frequently asked questions

About 588 E Fifth St

The listing price of 588 E Fifth St property is $369,000.

The property 588 E Fifth St is a house located in Lexington, Kentucky, 40508.

Active Listing: 588 E Fifth St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 588 E Fifth St are: William Wells Brown Elementary School (GreatSchools Rating 4/10), Ashland Elementary School (GreatSchools Rating 7/10), Maxwell Spanish Immersion Elementary School (GreatSchools Rating 7/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Morton Middle School (GreatSchools Rating 6/10), Bryan Station Middle School (GreatSchools Rating 3/10), Steam Academy (GreatSchools Rating 8/10), Opportunity Middle College (GreatSchools Rating 9/10), Bryan Station High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,471 (source: MLS/based on county public records data).

The last sale was on July 17, 2020 for $199,900 (source: MLS/tax record).

The property at 588 E Fifth St has 4 bedrooms and 3 bathrooms.

The year of construction for 588 E Fifth St is 2010.

This home is located at 588 E Fifth St in Lexington, KY and zip code 40508 in the District 1 neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $369,000.

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. The number of homes for sale in Lexington, KY increased by 8.6% between April and May 2025. Listings spent 23 days on the market in May 2025, and had a median list price of $330,208 during the same period.

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

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