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199 East Loudon Avenue, 
Lexington, KY 40505

$899,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Patrick Doyle

National Real Estate

859-300-1415

Last updated:

April 16, 2025, 02:42 PM

MLS#

25006915

Source:

KY LBAR

About This Home

199 East Loudon Avenue

Step into a piece of Lexington's history with the stunning John T. Patterson House, a beautifully restored gem in the vibrant North Lime District. Originally built in 1895, this exquisite property seamlessly blends historic charm with modern updates. Situated on nearly 0.5 acres in the heart of downtown, the property features: One spacious 2-bed, 1-bath apartment - thoughtfully updated for comfort and style Four charming 1-bed, 1-bath apartments - ideal for tenants seeking convenience and character Seven versatile office spaces - perfect for entrepreneurs, creatives, or growing businesses Two first-floor apartments are registered STRs, and furniture conveys - offering immediate income potential The property currently generates $8,625 in monthly rent, with additional opportunities to increase revenue. Extensive renovations in 2015 and 2020 brought this iconic property into the modern age with new HVAC systems, a new roof, updated sewer and electrical systems, and refinished floors - all enhanced by fresh paint throughout.

Home Facts

Multi-Family

Built in 1895

Price Summary

899,000

MLS #:

25006915

Last Updated:

April 16, 2025, 02:42 PM

Added:

a month ago


Structure

Structure

Year Built:

1895


Lot

Lot Size (Sq. Ft):

20,908


Finances & Disclosures

Finances

Price:

$899,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.