About 311 Madison Place
Beautiful 1895 Historic Home in Woodward Heights Historic District - 3 Separate Apartments - 3,109 Sq Ft. This stunning property offers the potential for an Airbnb or conversion back to a single-family home, allowing for flexibility in how you choose to use the space. Each apartment features its own private entrance, kitchen, full bathroom living area and a common laundry room for long-term tenants, or multi-generational living. Historic details such as tall ceilings, original wood flooring and woodwork, and large windows create a warm, inviting atmosphere in every unit. The property is conveniently located within walking distance to Rupp Arena, Gatton Park, downtown dining and shopping as well as with the University of Kentucky and Transylvania University. It also includes a unique backyard with brick paving which is perfect for outdoor relaxation or entertaining family and guests! Whether you continue as a profitable rental operation or reimagine for personal use, this property offers unlimited potential in a prime setting.
Residential Income property for sale in Lexington, KY at 311 Madison Place. This 5 bedroom Residential Income property is priced at $206/sqft
Facts & Features of 311 Madison Place
| MLS® # | 25507796 |
|---|---|
| Price | $639,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,109 |
| Acres | 0.14 |
| Year Built | 1895 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information of 311 Madison Place
| Address | 311 Madison Place |
|---|---|
| Area | 001 - Fayette County NW |
| Subdivision | Downtown |
| City | Lexington |
| County | Fayette |
| State | KY |
| Zip Code | 40508 |
Amenities of 311 Madison Place
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking | Gravel, On Site, Paved, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior of 311 Madison Place
| Heating | Baseboard, Forced Air, Natural Gas |
|---|---|
| Cooling | Attic Fan, Central Air, Ceiling Fan(s), Electric, Multi Units, Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Master On Main floor | No |
Exterior of 311 Madison Place
| Roof | Dimensional Style, Shingle |
|---|
School Information On 311 Madison Place
| District | Fayette County - 1 |
|---|---|
| Elementary | Harrison |
| Middle | Lexington Trad |
| High | Lafayette |
Additional Information On 311 Madison Place
| Date Listed | December 11th, 2025 |
|---|---|
| Zoning | R-2 with H-1 Overlay |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 311 Madison Place
| Office | Lifstyl Real Estate |
|---|