317 Ross Avenue, Lexington, KY 40508

• 3 beds |
• 1 bath |
• 980 sqft

Property Description

You're looking at a terrific investment opportunity in the heart of downtown Lexington with an established tenant and current lease in place, providing the potential for immediate rental income. The current owner has freshly remodeled the property, transforming the home both inside and out with new vinyl siding and numerous interior updates. The renovated kitchen features new cabinetry, stainless steel appliances, a stylish backsplash, and quartz countertops, while the modern bathroom includes a tiled walk-in shower, updated vanity, and contemporary finishes. A covered front porch and covered, raised wood deck at the rear of the home provide inviting outdoor spaces, while the backyard offers additional room to enjoy. Located less than half a mile from Transylvania University and just minutes from Rupp Arena, restaurants, shopping, events, and everything downtown Lexington has to offer.

Listing Status:

Active

Date Added:

August 7, 2026

Data Last Updated:

August 20, 2026 at 7:39AM

Listing Office:

RO&CO Real Estate : 859-487-5670

MLS ID:

26020992

Interior

• General: Ceiling Fan(s)
• Appliances: DishwasherRefrigeratorRange
• Laundry: Electric Dryer HookupWasher Hookup
• Flooring: Vinyl
• A/C: Ceiling Fan(s)Electric
• Heating: Natural Gas

Exterior

• Style: Ranch
• Parking: On Street

Construction

• Roofing: Shingle
• General: Vinyl SidingOneSlab

Location

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

Lot

• Zoning: 13551800
• Fencing: Partial

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Imagine MLS (Bluegrass REALTORS®)