394 Bassett Avenue, Lexington, KY 40502 (MLS # 25503834)

This charming duplex on a corner lot offers the perfect blend of comfort, flexibility, and income potential. Priced well under its recent appraised value, it presents a fantastic opportunity for investors, homeowners looking to offset their mortgage, or those needing space for extended family. The main-level unit features two spacious bedrooms, one full bathroom, a bright and cozy living room, a dedicated dining area, a functional kitchen, and a mudroom with laundry. It also includes access the basement, offering plenty of storage or future expansion potential. Upstairs, the well-appointed one-bedroom, one-bath apartment includes an open-concept living area and a charming kitchen filled with natural light. Whether used as a long-term rental, Airbnb, or private office space, this unit adds incredible versatility to the property. The home sits on a fully fenced and beautifully landscaped yard, providing both privacy and curb appeal. In addition to the main property, buyers have the option to purchase an adjacent lot measuring approximately 5,740 square feet. This bonus parcel includes a large block garage"”ideal for storage, a workshop, or potential development. Both parcels are zoned R2, offering even more flexibility and value. Located in a desirable neighborhood, this is a rare opportunity to own a property that combines lifestyle, income potential, and room to grow"”all in one attractive package. Please note: The listing price reflects the home only. The additional lot is available separately or as a package. For pricing and more details, please refer to MLS # 25503833

Last Updated	10/15/2025	Tract	Kenwick
Year Built	1930	Community	002 - Fayette County NE
County	Fayette

SCHOOLS

Elementary School	Ashland
Jr. High School	Lexington Trad
High School	Henry Clay

Additional Details

AIR	Electric, Heat Pump
AIR CONDITIONING	Yes
APPLIANCES	Dishwasher, Microwave, Range, Refrigerator
AREA	002 - Fayette County NE
BASEMENT	Sump Pump, Unfinished, Yes
CONSTRUCTION	Stone, Vinyl Siding
HEAT	Natural Gas
INTERIOR	Eat-in Kitchen, Master Downstairs
LOT	7405 sq ft
PARKING	Other
SEWER	Public Sewer
STORIES	1.5
STYLE	Cape Cod, Craftsman
SUBDIVISION	Kenwick
UTILITIES	Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
VIEW	Yes
VIEW DESCRIPTION	Neighborhood
WATER	Public

Location

 

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