394 Bassett Avenue, Lexington, KY 40502

• 3 beds |
• 2 baths |
• 1,688 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 15, 2025 at 05:00AM

Listing Office:

Keller Williams Bluegrass Realty : 859-260-1444

MLS ID:

25503834

Interior

• General: Eat-in KitchenPrimary Downstairs
• Appliances: DishwasherMicrowaveRefrigeratorRange
• Laundry: Electric Dryer HookupWasher Hookup
• Basement: Sump PumpUnfinished
• Flooring: CarpetHardwoodTileVinyl
• A/C: ElectricHeat Pump
• Heating: Natural Gas

Exterior

• Style: Cape CodCraftsman
• Other Structures: Porch
• Parking: Other

Construction

• Roofing: MembraneDimensional StyleShingle
• Windows: BlindsScreens
• General: StoneVinyl SidingOne and One HalfStone

Location

• Originating MLS: Imagine MLS (Bluegrass REALTORS®)
• School District: Fayette County - 1
• County: Fayette

Lot

• Zoning: 43901180
• View: NeighborhoodSuburbanView
• Fencing: Wood

Utilities

• Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Keller Williams Bluegrass Realty