Investment Opportunity in the Heart of Downtown Winchester! Discover 17 W. Lexington Avenue — a converted commercial building now featuring 8 studio/one-bedroom apartments. Each unit includes a full kitchen and private bath, offering the perfect blend of comfort and convenience for tenants. This turn-key multifamily property is ideally situated in historic downtown Winchester, within walking distance to shops, restaurants, and local attractions — making it highly desirable for renters seeking urban living with small-town charm. Just minutes from I-64 and only 25 minutes to Lexington and Hamburg Pavilion, this property provides easy access for commuters and investors alike. This is a fantastic opportunity to expand your portfolio with an income-producing asset in a growing market. Take advantage of 2025's 100% bonus depreciation, offering powerful tax benefits and immediate returns for savvy investors. Properties like this rarely become available — schedule your showing today and secure your place in Winchester's thriving downtown community!
For sale
Price cut: $10K (12/10)
$414,900
17 W Lexington Ave, Winchester, KY 40391
8beds
4,000sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$407,500 Zestimate®
$104/sqft
$-- HOA
What's special
Full kitchenPrivate bath
- 42 days |
- 493 |
- 22 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 17 hours ago
Listed by:
Joshua Lynch 859-428-6379,
The Brokerage,
Michael Martin 859-396-7064,
The Brokerage
Source: Imagine MLS,MLS#: 25504953
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Electric, Other
Cooling
- Window Unit(s)
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Parking features: Other, None
Lot
- Size: 2,613.6 Square Feet
Details
- Parcel number: 054321201900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Membrane,Rubber
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Winchester
Financial & listing details
- Price per square foot: $104/sqft
- Date on market: 10/29/2025
Estimated market value
$407,500
$387,000 - $428,000
$903/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $414,900-2.4%$104/sqft |
Source: | ||
| 11/30/2025 | Price change | $424,900-1.8%$106/sqft |
Source: | ||
| 11/18/2025 | Price change | $432,500-1.7%$108/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $439,900+14.3%$110/sqft |
Source: | ||
| 9/17/2025 | Listed for rent | $750 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,006/mo
Principal & interest
$1609
Property taxes
$252
Home insurance
$145
Climate risks
Neighborhood: 40391
Nearby schools
GreatSchools rating
- 3/10Shearer Elementary SchoolGrades: K-4Distance: 0.5 mi
- 5/10Robert D Campbell Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 6/10George Rogers Clark High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- High: GRC
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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