17 W Lexington Avenue, Winchester, KY 40391

$414,900
Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 4,000 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $414,900 List Date: 10/29/2025 Last Modified: 12/10/2025

Description

Investment Opportunity in the Heart of Downtown Winchester! Discover 17 W. Lexington Avenue — a converted commercial building now featuring 8 studio/one-bedroom apartments. Each unit includes a full kitchen and private bath, offering the perfect blend of comfort and convenience for tenants. This turn-key multifamily property is ideally situated in historic downtown Winchester, within walking distance to shops, restaurants, and local attractions — making it highly desirable for renters seeking urban living with small-town charm. Just minutes from I-64 and only 25 minutes to Lexington and Hamburg Pavilion, this property provides easy access for commuters and investors alike. This is a fantastic opportunity to expand your portfolio with an income-producing asset in a growing market. Take advantage of 2025's 100% bonus depreciation, offering powerful tax benefits and immediate returns for savvy investors. Properties like this rarely become available — schedule your showing today and secure your place in Winchester's thriving downtown community!

Supplements: ********

More Information MLS# 25504953

Listing Information

Comp Sale YN: No Property Sub Type: Apartment

Address

Directions: By-Pass to W. Lexington Ave. Property is near Speedway and across the street from CVS Parcel Number: 054-3212-019-00 County: Clark Street Number: 17 Street Direction Prefix: W Street Name: Lexington Street Suffix: Avenue State: KY Zip Code: 40391

Contract

Start Showing Date: 2025-10-29 Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant Office Exclusive YN: No List Price/Acre: 6915000 List Price/SqFt: 103.72 Current Price: $414,900 Original List Price: 439900 Status: Active Listing Contract Date: 2025-10-29 List Price: $414,900

Tax & Legal

High School: GRC Tax Rate: 0.123

Association/Community

Number Of Buildings: 1

Interior

Living Area: 4000 Living Area Source: Public Records Bathrooms Half: 0 Bedrooms Total: 8 Bathrooms Total: 8 Bathrooms Full: 8

Building

Stories Total: 2 Accessibility Features YN: No Year Built: 9999

Lot

Lot Size Acres: 0.06 Lot Size Square Feet: 2614

Utilities

Cooling YN: Yes Heating YN: Yes

Remarks

Public Remarks: Investment Opportunity in the Heart of Downtown Winchester! Discover 17 W. Lexington Avenue — a converted commercial building now featuring 8 studio/one-bedroom apartments. Each unit includes a full kitchen and private bath, offering the perfect blend of comfort and convenience for tenants. This turn-key multifamily property is ideally situated in historic downtown Winchester, within walking distance to shops, restaurants, and local attractions — making it highly desirable for renters seeking urban living with small-town charm. Just minutes from I-64 and only 25 minutes to Lexington and Hamburg Pavilion, this property provides easy access for commuters and investors alike. This is a fantastic opportunity to expand your portfolio with an income-producing asset in a growing market. Take advantage of 2025's 100% bonus depreciation, offering powerful tax benefits and immediate returns for savvy investors. Properties like this rarely become available — schedule your showing today and secure your place in Winchester's thriving downtown community!

Cooling

Window Unit(s): 1

Heating

Electric: 1 Other: 1

Laundry Features

None: 1

Parking Features

None: 1 Other: 1

Possession

Close Of Escrow: 1

Roof

Membrane: 1 Rubber: 1

Structure Type

Multi Family: 1

Building and Property Details

Building Expansion Potential YN: Yes Lot Expansion Potential YN: No Building Expansion SqFt: 2000 Age of Roof: 1

Unit Details

Number Of Units Vacant: 8

Showing Requirements

Call Listing Agent: 1 Listing Agent Must Accompany: 1 No Sign: 1 Restricted Hours: 1

Status Change Information

Price Change Timestamp: 2025-12-10T16:39:43Z Status Change Timestamp: 2025-10-29

Tax Legal

MLS Area Major: 007 - Clark County Subdivision Name: Downtown High School District: Clark County - 7

Property Features

Cooling: Window Unit(s) Heating: Electric; Other Laundry Features: None Parking Features: None; Other Possession: Close Of Escrow Roof: Membrane; Rubber Structure Type: Multi Family Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign; Restricted Hours
Listing Office: The Brokerage
Last Updated: December - 10 - 2025
Information deemed reliable but not guaranteed.