$284,900

123 Burley Avenue, Lexington, KY 40504

3 beds |
3 baths |
1,500 sqft

Single-Family Home
Built in 1938
6,251sqft lot
—— car garage
$190/sqft
Listed 22 days ago

Property Description

Walk to UK! Income-Producing 3 Bedroom/3 Full Bath brick bungalow with current lease in place. This Charming Craftsman-style home is just 20 minutes by foot to the University of Kentucky and close to downtown! Well-maintained and offering a fantastic layout for roommates, complete with covered front and back porches for outdoor living and off-street parking. Currently leased through July 2026 at 2,100/month with owner-paid utilities, making it a turnkey investment opportunity or wonderful home for owner occupant. Located on a quiet street yet near campus, restaurants, and entertainment, this property combines classic character with reliable income. A rare chance to own a thoughtfully cared-for home in one of Lexington's most sought-after rental locations.

Listing Status:: Pending
Date Added:: February 7, 2026
Data Last Updated:: February 14, 2026 at 7:38AM
Listing Office:: Bluegrass Sotheby's International Realty : 859-268-0099
MLS ID:: 26001635

General: Breakfast BarPrimary Downstairs
Appliances: DryerDishwasherMicrowaveRefrigeratorWasherRange
Laundry: Electric Dryer HookupMain LevelWasher Hookup
Flooring: CarpetLaminateVinyl
A/C: Heat Pump
Heating: Heat Pump
Fireplace: Living RoomFireplaceFireplaces: 1

General: Shed(s)
Style: Craftsman
Other Structures: Shed(s)
Parking: Off Street

Roofing: Dimensional Style
Windows: Blinds
General: Brick VeneerOne and One HalfBlock

Originating MLS: Imagine MLS (Bluegrass REALTORS®)
School District: Fayette County - 1
County: Fayette

Zoning: 45258400
View: NeighborhoodView
Fencing: Partial

Utilities: Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Bluegrass Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Picadome Elementary School

1642 Harrodsburg Rd, Lexington, KY, 40504

Grades PK-5

0.65 miles away

Morton Middle School

1225 Tates Creek Rd, Lexington, KY, 40502

Grades 6-8

1.52 miles away

Lafayette High School

401 Reed Ln, Lexington, KY, 40503

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.