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Sold on 10/01/2018

406 E Sixth, Lexington, KY 40508

$253,000

Last sold 10/01/2018 for $65.5K

  • 2

    bed

  • 2

    bath

  • 1,012

    Sqft ($65/Sqft)

Multi-family not for sale
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About 406 E Sixth

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
A great income opportunity. Has been a triplex for 10 years with great income/returns. Upon a inspection by a code enforcement officer last fall I was informed that the upstairs apartment was put in without a building permit long before I bought it,and that the ceiling was 3 to low to pass code. So I took down the outside stairs and sealed off the door. Will need to be renovated to open up the upper apartment.
Listed by
Listing Agent - J Mark Wallace
Listing Office - Keller Williams Bluegrass Realty
Source: Imagine MLS mls logo
MLS#1815202 • last updated 1 year ago
Movoto checked Imagine MLS for data 3 minutes ago
Overview
Cooling/AC Electric, Window Unit(s)
Heating Electric, Forced Air, Natural Gas
Levels/Style Duplex
MLS # 1815202
Status Closed
SubType Duplex
SqFt 1012
Lot Size (SqFt) 4791.6
Lot Size (Acres) 0.11
Year Built 1959
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 2
Exterior
Roof Composition
Parking Gravel
Location
Subdivision Downtown
Elementary School William Wells Brown
Middle School Lexington Trad
High School District Fayette County - 1
High School Frederick Douglass
Directions Corner Of E Sixth And Chestnut. Driveway Off Of One Way Chestnut Street.
Zoning R-3
Multifamily Details
Total # of Buildings 1
$253K
Range: $182K-$323K
Last 30 days 
Rental est.: $858/month
Gross rent multiplier: 6.4 - Great
  • Jan 2025
    mls logo MLS # 24002522
  • Jan 27, 2025 Sold
    $235,000
  • Jun 26, 2024 Contingent
    —
  • May 22, 2024 Price Change
    $240,000 (-2.0%)
  • Mar 28, 2024 Price Change
    $245,000 (-2.0%)
  • Feb 12, 2024 Listed
    $250,000 (+281.7%)
  • Sep 2024
    Public Records
  • Sep 11, 2024 Sold
    $235,000 (-2.1%)
  • Oct 2018
    mls logo MLS # 1815202
  • Oct 4, 2018 Sold
    $65,500
  • Jul 5, 2018 Listed
    $68,900 (+38.4%)
  • Oct 2018
    Public Records
  • Oct 4, 2018 Sold
    $65,500 (-4.9%)
  • Dec 2009
    Public Records
  • Dec 18, 2009 Sold
    $49,800
  • Year Property taxes Tax assessment
  • 2024
    $810
    $65,500
  • 2023
    $810 -3.2%
    $65,500
  • 2022
    $837
    $65,500
  • 2021
    $837
    $65,500
  • 2020
    $837
    $65,500
  • 2002
    $837
    $65,500
  • 406 E Sixth
    $65.5K
  • William Wells Brown
    $237K +36% y/y
  • 40508
    $289K +11% y/y
  • Lexington
    $399K +4% y/y
No chart available
Statistics calculated by Movoto

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4/10
William Wells Brown Elementary School
public Grades PK, K-5
Fayette County
2/10
Lexington Trad Magnet School
public Grades 6-8
Fayette County
6/10
Frederick Douglass High School
public Grades 9-12
Fayette County
Source: GreatSchools.org © 2026. All rights reserved.

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