

122 S Hanover AvenueLexington, KY 40502
Multi-Family · 4 Beds · 4 Full Baths · 3,740 Sq. ft. | 0.17 Acres122 S Hanover Avenue Overview
- Time on Site:
- 47 days
- Visits:
- 0
Ashland Park stately brick 4-Plex investment or potential for individual ownership or make this a single family home! Convenient to Downtown, Chevy Chase, UK, Henry Clay Estate, Kenwick Table, local shops, restaurants and more.Each unit has hardwood floors, individual central heat/air, spacious closets, outside decks/porches, 3 garage spaces and driveway for at least 2 additional cars.First floor units1 & 2 have living room, bedroom and kitchen, front entrance and rear exits and front porch access.Second floor unit 3 has living room, formal dining room, large kitchen, bath, bedroom and access to the large deck off the rear, front entrance and rear exit. Second floor unit 4 has living room, kitchen and bath and the 3rd floor large bedroom and office area with deck off the rear. Property has 3 car garage, full shared basement with storage and laundry (Coin operated could be installed) Roof and garage doors are 5yrs old, 1 HVAC unit replaced 2025, rebuilt front porch roof 2026, exterior painted 2026. Property is in Historic H-1 overlay requiring approval for exterior changes.24-48 hr notice. All tenants would like to continue. Units 1 ($1000),2 ($1150),4 ($1300) are month to month. Unit 3 lease ends Sept 1, 2026.Rental amounts of units 3 and 4 are under typical market rent. Listing agent is owner.
122 S Hanover Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 3,740
- Price/Sq.ft. $214
- Lot 0.17 Acres
Details
General
Association/HOA
- Association Amenities: Other
School Information
- Elementary School: Cassidy
- Middle Or Junior School: Morton
- High School: Henry Clay
Income/Expenses
- Gross Income: 4645.0
Building Information
- Year Built: 1930
Location/Region
- County Or Parish: Fayette
- MLS Area Major: 003 - Fayette County SE
- MLS Area Minor: 003 - Fayette County SE
- Subdivision Name: Ashland Park
Community/Development
- Community Features: Park,Tennis Court(s),Pool,Pickleball
General Information
- Listing Terms: 1031 Exchange,Cash,Conventional
- Parcel Number: 13325900
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Zoning: R-2
Interior
Beds/Baths
- Bathrooms Full: 4
- Bathrooms Half: 0
- Bathrooms Total: 4
- Bedrooms Total: 4
Building Interior
- Building Area Total: 3740.0
General Information
- Laundry Features: Electric Dryer Hookup,Washer Hookup,Lower Level,Common Area
- Living Area: 3740.0
- Living Area Source: Appraiser
- Stories Total: 2
Exterior
Parking Information
- Parking Features: On Site,Paved,Open,Enclosed
- Parking Total: 5.0
Lot Information
- Lot Size Acres: 0.1722
- Lot Size Area: 0.17
- Lot Size Square Feet: 7501.0
- Lot Size Units: Acres
- Number Of Buildings: 1
Building Exterior/Construction
- Attached Garage: false
- Roof: Composition,Rubber
- Structure Type: Quadruplex
General Information
- Number Of Units Total: 4
122 S Hanover Avenue Neighborhood
Community
40502 (Lexington) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.122 S Hanover Avenue Monthly Cost
122 S Hanover Avenue Market Data
Based on the last 30 days in this zip code
122 S Hanover Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: Imagine MLS/Bluegrass | Contingent |
|
| 5/26/2026Source: Imagine MLS/Bluegrass | $799,000 -5.9% |
|
| 5/13/2026Source: Imagine MLS/Bluegrass | May 13, 2026 |
|
| 8/12/2025Source: Imagine MLS/Bluegrass | August 12, 2025 |
|
| 8/12/2025Source: Imagine MLS/Bluegrass | August 12, 2025 |