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    1 home
    1 home available
    551 West Fifth Street, Lexington, KY 40508
    $106,900
    1beds
    –sqft
    0.05acres
    House for Sale

    551 West Fifth Street, Lexington, KY 40508

    Listing by: Bluegrass Sotheby's International Realty
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    2250 Regency Road Lexington, KY 40503
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    551 West Fifth Street, Lexington, KY 40508

    KY/Fayette/Lexington/40508/551 West Fifth Street, Lexington, KY 40508

    $106,900
    1beds
    –full,–half bath
    –sqft
    0.05acres

    551 West Fifth Street, Lexington, KY 40508

    House for Sale by Andrew Klein, Bluegrass Sotheby's International Realty.

    Data checked 1 mins ago. Listing last updated 82 days ago.
    1. Overview
    2. Details
    3. More 

    This property is a diamond in the rough, prime location in the heart of downtown, this property offers immense potential for the savvy investor or developer. The building is in need of a complete overhaul, but with the right vision, it could be transformed into a beautiful downtown Lexington home. Located in a high-demand area, surrounded by ongoing developments, restaurants, and businesses, this property is poised to benefit from future growth.

    Details
      Property type
    Residential
      Year built
    1900
      Heating
    Other
      Cooling
    Other
      Garage
    No
      Parking spots
    -
    25000361
    MLS ID
    Active
    Status
    01-07-2025
    On market date
      Laundry features
    –
      Flooring
    Other
      Fireplace
    No
      Architectural Style
    –
      View
    Neighborhood
    Interior features
    –
    Exterior features
    –
    Lot features
    –
    Appliances included
    –
    Construction materials
    Other
    Monthly taxes
    -
    Yearly taxes
    -
    Community Features
    -
    School district
    Fayette County - 1
    Schools
    Harrison, Lexington Trad, Lafayette
    Senior community
    No
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Andrew Klein
    Andrew Klein
    REALTOR® Salesperson, Bluegrass Sotheby's International Realty
     
     
    Schools
    Elementary Schools
    Harrison Elementary School
    161 Bruce St, Lexington, KY 40507
    School Rating
    D+
    Grades
    PK-5
    Students
    216
    Teachers
    23.8
    Student to Teacher Ratio
    9:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Lexington Traditional Magnet School
    350 N Limestone, Lexington, KY 40508
    School Rating
    D-
    Grades
    6-8
    Students
    339
    Teachers
    34.5
    Student to Teacher Ratio
    10:1
    Advanced Placement
    No
    Magnet School
    Yes
    Charter School
    No
    High Schools
    Lafayette High School
    401 Reed Ln, Lexington, KY 40503
    School Rating
    A
    Grades
    9-12
    Students
    2,363
    Teachers
    122.7
    Student to Teacher Ratio
    19:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Schools data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 40508
    Population
    25,694
    Median age
    23.9
    Avg. household size
    2.1
    Avg. household income
    $63,929
    Households with children
    46.7%
    Households without children
    53.3%
    Employment
    Unemployment Rate
    7.8%
    Blue Collar
    34.0%
    White Collar
    58.2%
    Education
    Less than 9th grade
    5.1%
    Some high school
    8.7%
    High school graduate
    23.3%
    Some college
    16.8%
    Associate's degree
    8.1%
    Bachelor's degree
    20.3%
    Graduate degree
    17.5%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    Take Broadway northbound, left on Fifth Street, property is on your right before you hit Jefferson St.
    For Sale Nearby
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    –acres
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    –acres
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    –acres
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    –acres
    Land for Sale

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    133 Yamacraw Place, Lexington, KY 40511
    $289,900
    3beds
    2bath
    1,208sqft
    –acres
    House for Sale

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    Listing by: United Real Estate Bluegrass
    122 Westgate Drive, Lexington, KY 40504
    $347,000
    3beds
    2.5bath
    1,238sqft
    –acres
    House for Sale

    122 Westgate Drive, Lexington, KY 40504

    Listing by: Lifstyl Real Estate
    1686 Waycross Circle, Lexington, KY 40505
    $255,000
    3beds
    1.5bath
    1,826sqft
    –acres
    House for Sale

    1686 Waycross Circle, Lexington, KY 40505

    Listing by: Plum Tree Realty
    319 Stratford Drive, Lexington, KY 40503
    $379,000
    5beds
    2bath
    2,286sqft
    –acres
    House for Sale

    319 Stratford Drive, Lexington, KY 40503

    Listing by: Lifstyl Real Estate
    Recently Sold
    No nearby homes have been Recently Sold.
    551 West Fifth Street, Lexington, KY 40508, is a 1 bedroom Single Family Residence built in 1900. This property is currently available for sale and was listed on Imagine Your Home on 1-7-2025. The MLS# for this Single Family Residence is MLS# 25000361.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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