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394 Bassett Avenue, Lexington, KY 40502

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For Sale

$345,000

3 beds • 2 baths • 1,688 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $204.38
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

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.
MLS# 25503834

Courtesy Of Keller Williams Bluegrass Realty

(859) 260-1444

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Basement, Cable Ready
  • Appliances
    Dishwasher, Microwave, Refrigerator, Range
  • Exterior Type
    Stone
  • Floor Covering
    Hardwood, Carpet, Vinyl, Tile
  • Lot Size
    0.17 Acres
  • Roof Type
    Membrane
  • Rooms
    Laundry Room, Living Room

Map and Directions

Directions to 394 Bassett Avenue, Lexington, KY 40502

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(859) 624-5488
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.