511 513 West Main Street Lexington, KY 40507

Condominium MLS #: 24023990 Courtesy Of The Brokerage

$369,900

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Estimated monthly payments: $1,617/mo.* (recalculate)

Property InformationDescription

Discover an unparalleled chance to create your ideal urban living space with these two street-level unfinished condo units, strategically located directly across from Rupp Arena. This prime downtown location offers not just visibility but also convenience, making it perfect for both residential and investment purposes.

Spanning a generous total of 2,989 square feet, these units present a blank canvas for your vision. You have the flexibility to finish them as one expansive residence or two distinct condos. Additionally, there's potential to add a second-level loft space, providing room for multiple bedrooms and bathrooms, significantly increasing your living area.

Seize this rare opportunity to design a bespoke living environment in the heart of downtown. Whether you're looking to create a luxurious personal retreat or a lucrative investment, the possibilities are endless. Don't miss out schedule a viewing today!

Currently the two units are one large space, but they have been legally divided into two units. Priced BELOW recent appraisal.
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Features

  • Age: 11-20 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Brick Veneer
  • Floor Covering: Concrete

MAP & DIRECTIONS

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511 513 West Main Street, Lexington, KY 40507
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School Information

511 513 West Main Street, Lexington, KY 40507

Elementary School
Grades PK-5 | Public School
HARRISON ELEMENTARY SCHOOL
Lexington, KY 40507
161 Bruce St
859.­381.3418
Distance: 0.2 mi
School Rating
F
Student:Teacher Ratio
9:1
Total Students
216
Middle School
Grades 6-8 | Public School
LEXINGTON TRADITIONAL MAGNET SCHOOL
Lexington, KY 40508
350 N Limestone
859.­381.3192
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
10:1
Total Students
339
High School
Grades 9-12 | Public School
LAFAYETTE HIGH SCHOOL
Lexington, KY 40503
401 Reed Ln
859.­381.3474
Distance: 2.1 mi
School Rating
A
Student:Teacher Ratio
19:1
Total Students
2363
Other Nearby Schools Distance Type Grades School Rating
Sts. Peter & Paul Regional Catholic School 0.1 mi Private PK-8
Bluegrass Montessori School 0.3 mi Private PK-KG
Sayre School 0.5 mi Private PK-12
Steam Academy 0.9 mi Public 9-12 A
Uk Early Childhood Lab 1.0 mi Public PK
Maxwell Spanish Immersion Elementary School 1.0 mi Public KG-5 C+
Lexington Montessori School 1.1 mi Private PK-5
Good Shepherd Day School 1.1 mi Private PK-TKG
Kell Academy 1.1 mi Private PK-TKG
William Wells Brown Elementary School 1.2 mi Public PK-5 D-
Homebound Secondary School 1.3 mi Public 6-12
Homebound Elementary School 1.3 mi Public PK-5
Booker T. Washington Elementary School 1.3 mi Public PK-5 D
Family Care Center 1.4 mi Public 9-12
Ashland Elementary School 1.4 mi Public KG-5 B+
Arlington Elementary School 1.4 mi Public PK-5 D-
Fayette County Learning Center 1.5 mi Public 8-12 F
Audrey Grevious Center 1.5 mi Public 6-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lexington, KY 40507

Median Age: 39.5
Married: 14%
Number of Households: 1,546
Households with Children: 12.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.