Rare opportunity in beautiful Ashland Park for a classic investment property. This partially occuplied brick fourplex has 4 standard one bedroom, one bath units. Each unit has it's own balcony and back door. There is ample parking in the back along with a large backyard. The fourplex is partially rented and each unit is on a separate meter. There is potential for a fifth rental in the adorable birdseye/studio apartment on the top floor which is the third level but not to code. Each unit has a washer and dryer hookup. The building needs some updates and remodeling as reflected in price. It has great bones, hardwood floors and is a beautiful, classic Ashland Park 4 plex. Two of the units are unoccupied and can be shown with an appointment. This is a fantastic location in the midst of Ashland Park and great opportunity for an income producing asset. Being Sold as is.
Sold for $537,500 on 12/02/25
$537,500
238 Irvine Rd, Lexington, KY 40502
4beds
4,032sqft
Quadruplex
Built in 1930
-- sqft lot
$537,800 Zestimate®
$133/sqft
$1,923 Estimated rent
Home value
$537,800
$511,000 - $570,000
$1,923/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: 13 hours ago
Listed by:
Mary Pepper Johnstone 859-327-1896,
Bluegrass Sotheby's International Realty
Bought with:
Mary Pepper Johnstone, 216034
Bluegrass Sotheby's International Realty
Source: Imagine MLS,MLS#: 25502268
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Hardwood, Laminate
- Basement: Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
- Finished area above ground: 4,032
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,500 sqft
Details
- Parcel number: 10247450
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick Veneer
- Foundation: Stone
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park
Location
- Region: Lexington
- Subdivision: Ashland Park
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $537,500-10.3%$133/sqft |
Source:  Imagine MLS #25502268 | ||
| 10/2/2025 | Pending sale | $599,000$149/sqft |
Source: Imagine MLS #25502268 | ||
| 9/26/2025 | Listed for sale | $599,000$149/sqft |
Source: Imagine MLS #25502268 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Chevy Chase-Ashland Park
Nearby schools
GreatSchools rating
- 9/10Cassidy Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Morton Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Henry Clay High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Cassidy
- Middle: Morton
- High: Henry Clay
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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