Opportunity knocks in one of Lexington's most beloved neighborhoods! This stunning corner-lot duplex in Kenwick is packed with charm, loaded with updates, and priced well below both market and appraised value—a rare combination you won't want to miss. The main-level unit is move-in ready and seriously impressive. Step inside to discover a fully remodeled kitchen and bath, refinished hardwood floors, new tile in the primary bedroom, and fresh paint throughout. Comfort meets efficiency with a new HVAC system, mostly new windows, a newer roof, new siding, and even a newly added closet for extra storage. The basement has been professionally sealed and painted, perfect for clean, dry storage or workspace. Washer/dryer hookups have been added on the main level (machines do not convey), and the double-level storage tables downstairs stay with the home. The outdoor space is just as polished—professionally landscaped and wrapped in zoning-approved wood privacy fencing that adds beauty and function. Upstairs, the one-bedroom apartment feels like a storybook hideaway, with light-filled spaces and cottage charm that stays true to the home's historic character. Whether used as a guest suite, Airbnb, or long-term rental, this space is a proven moneymaker—rental potential ranges from $950 to $1,450/month. Furnishings are negotiable to keep it turn-key ready. Bonus Opportunity: Need even more space or want to supercharge your investment? The adjacent R2-zoned lot (MLS #25503833) is available separately and features a block garage—ideal for storage, a studio, or future development. Please Note: Main-level furnishings and washer/dryer do not convey Full list of updates available upon request Whether you're looking for a smart investment, a mortgage helper, or the ideal setup for multigenerational living, this Kenwick gem checks all the boxes—with the upside to grow even more.
For sale
$345,000
394 Bassett Ave, Lexington, KY 40502
3beds
1,688sqft
Est.:
Duplex
Built in 1930
-- sqft lot
$332,900 Zestimate®
$204/sqft
$-- HOA
What's special
Refinished hardwood floorsCottage charmFresh paintNew tileRemodeled kitchenAdded closetLight-filled spaces
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