223 Ridgeway Road

Closed 10/16/15

Sold

Last Sold Price

$411,000

4 beds4 baths3,618 sqft

223 Ridgeway Road, Lexington, KY 40502

Multi FamilyProperty Type

0.18 acresLot Size

1930Year Built

$114/sq ftPrice per sq ft

5 carsParking Spaces

Description

Have you been looking for a great investment property in a great area? This 4 unit property is in a great location that is near downtown, University of Kentucky, I-75 and much more! All units are leased and Seller states that the 4 units have been vacant less that 30 days in the years that they have owned it! Each unit has 1 bedroom and 1 full bath, living room, dining area and kitchen. Great location, great property, great price! Covered car port is available for tenants. Call for your private tour!Have you been looking for a great investment property in a great area? This 4 unit property is in a great location that is near downtown, University of Kentucky, I-75 and much more! All units are leased and Seller states that the 4 units have been vacant less that 30 days in the years that they have owned it! Each unit has 1 bedroom and 1 full bath, living room, dining area and kitchen. Great location, great property, great price! Covered car port is available for tenants. Call for your private tour!

Listed by: Linda J Wiley 859.494.5678 lindawiley001@gmail.com Brokerage DRE #830 • Keller Williams Bluegrass Realty

Listing closed: 10/16/2015 12:00 AM • Source: Imagine MLS, MLS#: 1502066

Recent comparable sales

Median sold price

$833,750

Avg days on market

Sale-to-list ratio

92.0%

1/84

$800,000

Sold 09/18/26

4
Bedrooms: 4
Bathrooms: 3,222
Square Feet: 0.28
Acres

137 Sycamore Road, Lexington, KY 40502

1/55

$775,000

Sold 07/23/26

4
Bedrooms: 4
Bathrooms: 3,740
Square Feet: 0.17
Acres

122 South Hanover Avenue, Lexington, KY 40502

1/36

$537,500

Sold 12/02/25

4
Bedrooms: 4
Bathrooms: 4,032
Square Feet: 0.22
Acres

238 Irvine Road, Lexington, KY 40502

1/2

$1,100,000

Sold 12/23/24

4
Bedrooms: 4
Bathrooms: 4,016
Square Feet: 0.21
Acres

Undisclosed Address, Lexington, KY 40502

$802,500

Sold 07/29/26

4
Bedrooms: 4
Bathrooms: 3,840
Square Feet: 0.19
Acres

200 McDowell Road, Lexington, KY 40502

1/84

$865,000

Sold 02/04/26

4
Bedrooms: 4
Bathrooms: 3,260
Square Feet: 0.13
Acres

373 Cochran Road, Lexington, KY 40502

1/53

$1,475,000

Sold 01/07/26

4
Bedrooms: 5
Bathrooms: 3,295
Square Feet: 0.44
Acres

1917 Hart Road, Lexington, KY 40502

1/69

$1,200,000

Sold 07/20/26

4
Bedrooms: 5
Bathrooms: 3,965
Square Feet: 0.14
Acres

269 South Hanover Avenue, Lexington, KY 40502

1/80

$1,305,000

Sold 07/17/26

4
Bedrooms: 5
Bathrooms: 3,894
Square Feet: 0.2
Acres

325 Kingsway Drive, Lexington, KY 40502

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Location

Listing Courtesy of Keller Williams Bluegrass Realty

Sold By Berkshire Hathaway de Movellan Properties

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$2,618 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,194

Property Taxes

$424

HOA Dues

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Property Information for 223 Ridgeway Road

Property Details

MLS Type: Residential Income / Quadruplex
County: Fayette County
Subdivision Name: Ashland Park
Zoning Description: R-3

Building Information

Residences: 4
Year Built: 1930
Lot Size: 0.18 AC / 7,840 SF

Summary

Location and General Information

Directions: Corner of Fontaine and Ridgeway. (2 buildings from Fontaine.)
Latitude: 38.025558

Longitude: -84.481354
MLS Area Major: 003 - Fayette County SE
MLS Area Minor: 003 - Fayette County SE

Taxes and HOA

Parcel Number: 14137200

School Information

Elementary School: Cassidy
High School: Henry Clay

High School District: Fayette County - 1
Middle Or Junior School: Morton

Parking

Attached Garage: No
Parking Features: Gravel, On Site, Paved, Covered

Parking Total: 5.0

Property

Lot Information

Lot Size Acres: 0.18
Lot Size Area: 0.18

Lot Size Dimensions: 155 x ?
Lot Size Square Feet: 7840.81
Lot Size Units: Acres

Property and Assessments

Building Area Total: 3618.0
Living Area: 3618.0

New Construction: No
Year Built: 1930

Building Features

Number Of Buildings: 1
Structure Type: Quadruplex

Utilities

Utilities: Natural Gas Connected

Multi Family

Multi Family Information

Number Of Units Total: 4

Income & Expenses

Electric Expense: $250
Gross Income: $34,000

Insurance Expense: $2,413

Interior and Exterior Features

Exterior Features

Roof: Membrane, Tile

Interior Features

Bathrooms Full: 4
Bathrooms Total Integer: 4

Bedrooms Total: 4
Cooling: Electric
Cooling: Yes
Heating: Electric, Forced Air, Natural Gas
Heating: Yes

Property History for 223 Ridgeway Road

Date	Event & Source	Price	Appreciation
Oct 19, 2015	Sold (Public Record) Public Record #1120623756	$411,000	+9.3% / yr
Oct 16, 2015	Sold Imagine MLS #1502066	$411,000	—
Sep 27, 2015	Contract Signed Imagine MLS #1502066		—
Feb 1, 2015	Listed (Active) Imagine MLS #1502066	$437,500	—
Jan 12, 2015	Temporarily Off Market Imagine MLS #1413634	$445,000	—
Jul 12, 2014	Listed (Active) Imagine MLS #1413634	$445,000	—
May 30, 2014	Temporarily Off Market Imagine MLS #1405709	$445,000	—
Apr 4, 2014	Listed (Active) Imagine MLS #1405709	$445,000	—
Apr 2, 2014	Permanently Off Market Imagine MLS #1321415	$460,000	—
Nov 1, 2013	Listed (Active) Imagine MLS #1321415	$460,000	—
Jun 22, 2011	Sold (Public Record) Public Record #1441230632	$280,000	-4.0% / yr
Jul 9, 2007	Sold Imagine MLS #723439		—
Jul 9, 2007	Listed (Active) Imagine MLS #723439	$420,000	—
Oct 4, 2006	Sold (Public Record) Public Record #1107823325	$340,000	—

Date	Event & Source	Price
10/19/2015	Sold (Public Record) Public Record #1120623756	$411,000 +9.3% / yr
10/16/2015	Sold Imagine MLS #1502066	$411,000
09/27/2015	Contract Signed Imagine MLS #1502066	—
02/01/2015	Listed (Active) Imagine MLS #1502066	$437,500
01/12/2015	Temporarily Off Market Imagine MLS #1413634	$445,000
07/12/2014	Listed (Active) Imagine MLS #1413634	$445,000
05/30/2014	Temporarily Off Market Imagine MLS #1405709	$445,000
04/04/2014	Listed (Active) Imagine MLS #1405709	$445,000
04/02/2014	Permanently Off Market Imagine MLS #1321415	$460,000
11/01/2013	Listed (Active) Imagine MLS #1321415	$460,000
06/22/2011	Sold (Public Record) Public Record #1441230632	$280,000 -4.0% / yr
07/09/2007	Sold Imagine MLS #723439	—
07/09/2007	Listed (Active) Imagine MLS #723439	$420,000
10/04/2006	Sold (Public Record) Public Record #1107823325	$340,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

223 Ridgeway Road

Total Finished SqFt

3,680 SqFt

Above Grade Finished SqFt

3,680 SqFt

Stories

Lot Size

7,501 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1930

Schools near 223 Ridgeway Road

This home is within Fayette County.


Rating	School	Type	Grades	Distance
9/10	Cassidy Elementary School	Public - Serves this home	K to 5	0.5 mi
7/10	Morton Middle School	Public - Serves this home	6 to 8	0.5 mi
7/10	Henry Clay High School	Public - Serves this home	9 to 12	0.9 mi
NR	FCPS Virtual Academy	Public - Nearby school	K to 12	0.8 mi
9/10	Maxwell Spanish Immersion Elementary School	Public - Choice school	K to 5	1.0 mi
NR	The Hub for Innovation and Leadership	Public - Nearby school	9 to 12	1.2 mi
NR	Christ the King School	Private - Nearby school	PK to 8	0.4 mi


Rating	School	Distance
9/10	Cassidy Elementary School PublicK to 5 Serves this home	0.5 mi
7/10	Morton Middle School Public6 to 8 Serves this home	0.5 mi
7/10	Henry Clay High School Public9 to 12 Serves this home	0.9 mi
NR	FCPS Virtual Academy PublicK to 12 Nearby school	0.8 mi
9/10	Maxwell Spanish Immersion Elementary School PublicK to 5 Choice school	1.0 mi
NR	The Hub for Innovation and Leadership Public9 to 12 Nearby school	1.2 mi
NR	Christ the King School PrivatePK to 8 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 223 Ridgeway Road, Lexington, KY 40502	$411,000	4	4	3,618	7,840
219 Ridgeway Road, Lexington, KY 40502	–	–	–	5,520	7,501
225 Ridgeway Road, Lexington, KY 40502	$390,000	5	5	4,625	9,147
215 Ridgeway Road, Lexington, KY 40502	$480,000	–	–	9,682	12,001
1375 Fontaine Road, Lexington, KY 40502	$305,000	–	–	4,950	9,322
228 Woodspoint Road, Lexington, KY 40502	–	–	3	2,448	7,501
209 Ridgeway Road, Lexington, KY 40502	$143,750	4	5	2,920	10,454
232 Woodspoint Road, Lexington, KY 40502	$775,000	3	3	2,562	7,500
216 Woodspoint Road, Lexington, KY 40502	$523,000	3	5	2,416	7,501
236 Woodspoint Road, Lexington, KY 40502	$825,000	4	3	2,878	7,501
212 Woodspoint Road, Lexington, KY 40502	–	–	2	2,496	7,501
1384 Fontaine Road, Lexington, KY 40502	–	3	2	1,777	8,699
1380 Fontaine Road, Lexington, KY 40502	$520,000	4	3	2,680	7,405
207 Ridgeway Road, Lexington, KY 40502	–	3	3	1,888	7,405
240 Woodspoint Road, Lexington, KY 40502	$235,000	3	2	3,287	0
210 Woodspoint Road, Lexington, KY 40502	$499,000	3	2	2,047	7,405

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