Investment Opportunity in Ashland Park! Located on a desirable corner lot in the heart of Ashland Park, just two blocks from Henry Clay Estate, this well-maintained 4-plex offers timeless charm and excellent income potential. The property features four oversized one-bedroom, one-bath units, each with spacious closets and its own covered front porch. A welcoming entry foyer provides access to the upper-level apartments and the expansive basement. The large basement includes individual washer and dryer hookups for each tenant, along with private walk-in storage units. First-floor apartments offer both front and rear porch entrances and are conveniently located just steps from the covered four-car garage. Overlooking the picturesque, park-like islands along Slashes Road, this property combines a prime location, classic character, and strong rental appeal in one of Lexington's most sought-after neighborhoods.
For sale
$865,000
305 Sycamore Rd, Lexington, KY 40502
4beds
4,032sqft
Est.: Get pre-qualified
Quadruplex
Built in 1955
-- sqft lot
$826,900 Zestimate®
$215/sqft
$-- HOA
What's special
Desirable corner lotExpansive basementCovered four-car garageWelcoming entry foyerCovered front porchSpacious closetsPrivate walk-in storage units
- 1 day |
- 578 |
- 29 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Steven C Wathen 859-621-3313,
Turf Town Properties
Source: Imagine MLS,MLS#: 26012755
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Other
Cooling
- Ceiling Fan(s), Electric, Other, Window Unit(s)
Appliances
- Laundry: Lower Level
Interior area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered
Lot
- Size: 8,973 Square Feet
Details
- Parcel number: 15804400
- Zoning: R-2
- Zoning description: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Dimensional Style
Condition
- Year built: 1955
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Ashland Park
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $430,000
- Annual tax amount: $5,317
- Date on market: 6/3/2026
Estimated market value
$826,900
$786,000 - $868,000
$1,906/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $865,000+11.6%$215/sqft |
Source: | ||
| 4/4/2025 | Sold | $775,000-8.8%$192/sqft |
Source: | ||
| 3/6/2025 | Listed for sale | $850,000$211/sqft |
Source: BHHS broker feed #25002978 Report a problem | ||
| 3/6/2025 | Contingent | $850,000$211/sqft |
Source: | ||
| 3/1/2025 | Pending sale | $850,000$211/sqft |
Source: | ||
| 2/22/2025 | Listed for sale | $850,000$211/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,317 | $430,000 |
| 2023 | $5,317 -3.2% | $430,000 |
| 2022 | $5,493 | $430,000 |
| 2021 | $5,493 | $430,000 |
| 2020 | $5,493 | $430,000 |
| 2019 | $5,493 | $430,000 |
| 2018 | $5,493 +4.9% | $430,000 |
| 2017 | $5,235 +19.9% | $430,000 +30.8% |
| 2015 | $4,364 | $328,800 |
| 2014 | $4,364 | $328,800 -15.7% |
| 2012 | $4,364 | $390,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $390,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Chevy Chase-Ashland Park
Nearby schools
GreatSchools rating
- 9/10Cassidy Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Morton Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Henry 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Kentucky
- Fayette County
- Lexington
- 40502
- Chevy Chase-Ashland Park
- 305 Sycamore Rd
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