Kenwick Homes under $500,000

Welcome to Kenwick, a charming and vibrant subdivision nestled in the heart of Lexington, Kentucky. Known for its rich history and picturesque streets, Kenwick offers a delightful blend of urban convenience and suburban tranquility. This welcoming community is characterized by its tree-lined avenues, beautifully maintained homes, and a strong sense of neighborly spirit, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Kenwick is its affordability. Here, you’ll find a diverse selection of homes priced under $500,000, providing an excellent opportunity for those looking to invest in real estate without breaking the bank. From cozy bungalows to spacious family residences, the homes in Kenwick boast unique architectural styles and modern amenities, ensuring that there’s something for everyone.

Residents of Kenwick enjoy easy access to a variety of local amenities, including parks, shops, and dining options. The subdivision is just a short drive from downtown Lexington, where you can explore the vibrant arts scene, indulge in delicious cuisine, or take part in the city’s lively festivals. Outdoor enthusiasts will appreciate the nearby parks and recreational areas, perfect for leisurely strolls, picnics, and weekend adventures.

With its friendly atmosphere, excellent schools, and convenient location, Kenwick is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting subdivision and experience all that Kenwick has to offer!

Newest Kenwick Homes under $500,000

$237,500

2 Beds ⋅ 1 Baths ⋅ 26030515 MLS

This handsome 1928 building located on one of Lexington's most attractive thoroughfares, houses four separate units. Unit 1, on the first level looks out on the verdant neighborhood of mature trees, numerous architectural styles and bikers and joggers. But beyond the location the real prize is inside! Beautiful hardwood floors, a handsome mantle, large windows allowing plenty of natural light and large rooms with tall ceilings all combine to create a space that many newer places can't come close to replicating. And the location is fantastic for being in the center of so many possibilities. The many hotspots and restaurants along National Avenue and Kenwick Table offer a slew of fun choices. Ashland, the 5 acre Henry Clay Estate, the Euclid Kroger, Chevy Chase, UK and downtown are all nearby as well. Don't delay visiting this condo that you can totally remake with your own colors and style and very affordably! priced

1127 Richmond Rd Unit 1, Lexington

Listing courtesy of Markus Cross of FC Tucker Bluegrass.

$299,000

3 Beds ⋅ 1 Baths ⋅ 26024941 MLS

Easy living in this charming, larger-than-expected ranch in Lexington's favorite neighborhood- Kenwick. An inviting covered front porch leads inside to another unexpected delight; a vaulted living room that gives this 1930s-era home a fresh, contemporary feel. The updated chef's kitchen with gas range, Shaker-style cabinets and plenty of counter space opens to a spacious family room/dining room combination with built-ins. A nicely sized, sunny laundry room with washer and dryer adds convenience and could double as a pantry or extra storage. The updated full bath features subway tile and a soaking tub. Three bedrooms include one with a dreamy walk-in closet and custom shelving. The large, private, fully fenced backyard with plenty of room to expand the garden, use the fire pit as the fall approaches or host a barbecue. Don't miss this total package; a charming Kenwick home with great living spaces, thoughtful updates and a gorgeous lot!

378 Preston Ave, Lexington

Listing courtesy of Meredith S Walker of Bluegrass Sotheby's International Realty.

$445,000

6 Beds ⋅ 2 Baths ⋅ 26024385 MLS

Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!

270 Sherman Ave, Lexington

Listing courtesy of Tyler I Back of The Brokerage.

$357,000

2 Beds ⋅ 2 Baths ⋅ 26022786 MLS

In one of Lexington's most beloved and walkable communities, 101 year old home lives like new. Some original hardwood flooring has been lovingly restored, adding warmth and character you can't replicate with new construction. Meanwhile, the attic level of the home was thoughtfully opened up in the style of a loft. The loft is finished with the ability to provide flexible space. Downstairs, a newly sealed basement provides clean, dry storage and laundry. Outside, the garage/workshop opens the door to real possibility?personal office, a true garage/workshop setup, or an accessory dwelling unit for rental income.In a neighborhood where nearly half of homes are rentals, this flexible bonus space is a genuine differentiator, whether you're planning to live here or invest here. With major systems replaced, restored original character, and a workshop built for whatever you need next, 377 Preston Ave offers a rare combination in Kenwick: low-maintenance peace of mind with room to grow.

377 Preston Ave, Lexington

Listing courtesy of Stephen J B Davis of Christies International Real Estate Bluegrass.

$489,000

4 Beds ⋅ 3 Baths ⋅ 26022573 MLS

Super sharp Craftsman style 3 Br, 2 bath ranch in the desirable Bell CT area within walking distance to National Avenue, UK, downtown, restaurants, parks, shopping and more. A multi windowed sun porch welcomes you into the open great room and completely renovated kitchen, 3 large bedrooms and 2 full baths complete the 1st level. The 1320 sf unfinished basement is an excellent storage and flex space. There is a large 2 car detached garage with a spacious 1 BR, 1 bath apartment above. Great for rental, office or guests! Combined square footage of main house (1696sf) and apartment (576sf) is 2272 SF. Other features include new roof, side patio, large parking pad and ample fenced yard. Rare opportunity in a great and convenient location!

729 Hambrick Ave, Lexington

Listing courtesy of Michael H McNeill of Bluegrass Sotheby's International Realty.

$243,000

2 Beds ⋅ 1 Baths ⋅ 26022410 MLS

Seller will pay one year of Buyers HOA fees. Located in sought-after Kenwick/Ashland Park, this charming 2 bedroom 1 bath top-floor condo in the 1928 Henry Clay Condominium is within walking or biking distance of Downtown Lexington, UK/Rupp Arena, City Center, groceries, restaurants, and the historic Henry Clay Estate. Enjoy 9-foot ceilings, crown molding, 8-inch baseboards, original hardwood floors, crystal knobs, ceiling fans, spacious rooms, and generous closets. Call today before it's gone! Some photos are virtually staged.

1127 Richmond Rd Unit 4, Lexington

Listing courtesy of Whitney Pannell of Team Pannell Real Estate.

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Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Kenwick Homes under $500,000

Newest Kenwick Homes under $500,000

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