Charming Ranch Brick Home with Endless Potential!Discover the perfect blend of comfort and convenience in this delightful 3-bedroom, 1-bathroom ranch-style brick home with a detached garage. Nestled just off exit 113 on I-75, you'll enjoy easy access to hospitals, Keeneland, downtown, shopping, and the airport, making it an ideal location for both personal living and investment.This property currently generates immediate cash flow with its existing rental arrangement, offering a fantastic opportunity for investors or those seeking a cozy home. With the potential for Airbnb hosting or perfect for a small family, this property is brimming with possibilities!While the home does require some repairs and is being sold as-is, the charm and location make it a worthwhile investment. Don't miss out on this great opportunity! Schedule your showing today and unlock the potential of your future home!
Contingent
Price cut: $11K (4/11)
$199,000
502 Freeman Dr, Lexington, KY 40505
3beds
975sqft
Est.:
Single Family Residence
Built in 1952
0.3 Acres Lot
$194,600 Zestimate®
$204/sqft
$-- HOA
What's special
Cozy homeDetached garageRanch-style brick home
- 31 days
- on Zillow |
- 1,822 |
- 75 |
Zillow last checked: 7 hours ago
Listing updated: April 20, 2025 at 08:43am
Listed by:
Krystil Greer 859-397-7775,
Century 21 Advantage Realty
Source: Imagine MLS,MLS#: 25005781

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: 1
Bedroom
- Level: 1
Bedroom
- Level: 1
Other
- Level: 1
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Range, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Attic
- Flooring: Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
- Finished area above ground: 975
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Driveway, Detached
- Has garage: Yes
Features
- Levels: One
- Patio & porch: Porch
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 0.3 Acres
Details
- Parcel number: 20433801
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Propane Not Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Thoroughbred Acres
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $93,300
- Annual tax amount: $1,192
- Date on market: 3/25/2025
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