$125,000

722 Shropshire Avenue, Lexington, KY 40508

3 beds |
1 bath |
768 sqft

Single-Family Home
Built in 1920
3,920sqft lot
—— car garage
$163/sqft
Listed 14 days ago

Property Description

Opportunity knocks in the heart of downtown Lexington! This charming 3 bedroom, 1 bathroom shotgun-style ranch offers incredible versatility as either a proven investment property or an affordable option for home buyers. With a strong history of steady cash flow, this home is already positioned as a smart addition to any investment portfolio. Inside, you'll find classic character with functional living spaces and plenty of potential to add your personal touch. The efficient layout maximizes space while maintaining the charm that makes older downtown homes so desirable including a covered front porch. There is also a large flat backyard that is fenced on three sides making it easy to enjoy spending more time outside. Enjoy being within walking distance to the vibrant shops, restaurants, and entertainment of the popular NoLi District, as well as the green space and recreational opportunities at Castlewood Park. Whether you're looking to invest or put down roots, this home provides excellent options. Don't miss your chance to own an affordable downtown property with both immediate income potential and long-term upside!

Listing Status:: Active
Date Added:: February 5, 2026
Data Last Updated:: February 14, 2026 at 7:38AM
Listing Office:: The Brokerage : 859-983-7365
MLS ID:: 26002171

Appliances: RefrigeratorRange
Laundry: Electric Dryer HookupMain LevelWasher Hookup
Flooring: TileVinyl
A/C: Heat Pump
Heating: Heat Pump

Style: Shotgun
Parking: DrivewayOff Street

Roofing: Composition
General: Vinyl SidingOneBlock

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

Zoning: 14252753

Water: Public
Sewer: Public Sewer

Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of The Brokerage

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

William Wells Brown Elementary School

555 E Fifth St, Lexington, KY, 40508

Grades PK-5

0.33 miles away

Lexington Traditional Magnet School

350 N Limestone, Lexington, KY, 40508

Grades 6-8

0.79 miles away

Steam Academy

123 East 6 Street, Lexington, KY, 40508

Grades 9-12

0.53 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.