394 Bassett Avenue new Save Request In-Person Tour Request Virtual Tour
Lexington,KY 40502
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $204
Subdivision Kenwick
MLS Listing ID 25503834
Style Cape Cod,Craftsman
Bedrooms 3
Full Baths 2
Year Built 1930
Lot Size 7,500 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State KY
County Fayette
Interior
Heating Natural Gas
Cooling Electric,Heat Pump
Flooring Carpet,Hardwood,Tile,Vinyl
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features Other
Fence Wood
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
View Y/N Y
View Neighborhood,Suburban
Roof Type Dimensional Style,Membrane,Shingle
Building
Story One and One Half
Sewer Public Sewer
Schools
Elementary Schools Ashland
Middle Schools Lexington Trad
High Schools Henry Clay