For Sale68d on marketHistoric · 106 yrs
722 Shropshire Ave
Lexington, KY, 40508 • Duncan Park • Fayette County
$125,000
$163/sqft
Down payment assistance available
3Beds
1Baths
768Sqft
0.09 acLot
1920Built
Property DNA
Shotgun Style
Built 1920 · 106 years of history
Downtown
Duncan Park
Tile Floors
Quality flooring throughout
This home is getting attention
Listed 68 days ago · 646 views · 28 saves
Market activity
Demand and pricing signals for this listing
646 views
People checking out this listing
28 saves
Buyers have saved this home
68 days on market
Established listing
$163/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1920 · Historic
Opportunity knocks in the heart of downtown Lexington! This charming 3 bedroom, 1 bathroom shotgun-style ranch offers incredible versatility as either a proven investment property or an affordable option for home buyers. With a strong history of steady cash flow, this home is already positioned as a smart addition to any investment portfolio. Inside, you'll find classic character with functional living spaces and plenty of potential to add your personal touch. The efficient layout maximizes space while maintaining the charm that makes older downtown homes so desirable including a covered front porch. There is also a large flat backyard that is fenced on three sides making it easy to enjoy spending more time outside. Enjoy being within walking distance to the vibrant shops, restaurants, and entertainment of the popular NoLi District, as well as the green space and recreational opportunities at Castlewood Park. Whether you're looking to invest or put down roots, this home provides excellent options. Don't miss your chance to own an affordable downtown property with both immediate income potential and long-term upside!
Standout features identified
Our analysis highlights classic character, covered front porch, and functional living spaces as key attractions of this home.
Estimated monthly payment
Based on current rates
$821/month
Principal & Interest$654
Property Tax$125
Insurance$42
Down payment20% ($25,000)
3%50%
Est. 6.83% rate · 30yr fixed · $100,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1920
HeatingHeat Pump
CoolingHeat Pump
ParkingOpen Parking
Lot3,920 sqft
Days on Zillow68 Days
Price/sqft$163
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleShotgun
Year built1920
Systems
HeatingHeat Pump
CoolingHeat Pump
RoofComposition
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway, Off Street
Lot3,920 sqft
Location & Tax
NeighborhoodDuncan Park
Annual tax$989
Parcel14252753
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Appliances
Refrigerator
Range
Flooring
Tile
Vinyl
Heating
Heat Pump
Cooling
Heat Pump
Laundry
Electric Dryer Hookup
Main Level
Washer Hookup
Exterior Features
Parking
Driveway
Off Street
Construction
Vinyl Siding
Room details
6 rooms detailed
Master Bedroom
FirstBedroom2
FirstBedroom3
FirstBathroom1
FirstKitchen
FirstLiving Room
FirstListing insights
Market data and value estimates
StatusFor Sale
Days on market68
Est. value$117,000
Est. rent$1,366/mo
Tax rate0.84%
Price/sqft$163
On marketApr 14, 2026
PostedFeb 5, 2026
Last sold$80,000
MLS updatedApr 14, 2026
Tour days9
Views646
Favorites28
How are the schools in Lexington?
3 schools rated nearby
Location
Lexington, KY, 40508
Price history
23 events
DateEventPrice$/sqftSource
Apr 14, 2026Listed For Sale$125,000$163Imagine MLS
Mar 30, 2026Contingent$125,000$163Imagine MLS
Feb 5, 2026Listed For Sale$125,000$163Imagine MLS
Aug 19, 2021Sold$80,000$104Imagine MLS
May 25, 2017Listing Removed$52,000$68Cochran Realty
Apr 20, 2017Pending Sale$52,000$68Cochran Realty
Jul 25, 2016Listed For Sale$52,000$68Cochran Realty
Jul 14, 2015Sold$20,500$27Imagine MLS
Jun 30, 2015Pending Sale$26,000$34Rector Hayden, Realtors
Jun 6, 2015Price Change$26,000$34Lexington Office
Apr 28, 2015Price Change$27,000$35Lexington Office
Apr 3, 2015Price Change$29,250$38Rector Hayden, Realtors
Mar 18, 2015Price Change$30,750$40Rector Hayden, Realtors
Mar 11, 2015Listed For Sale$31,500$41Rector Hayden, Realtors
Feb 15, 2013Sold$27,500$36Imagine MLS
Jul 25, 2012Listed For Sale$30,000$39ERA Woods Group
Jun 3, 2011Sold$4,000$5Public Record
May 29, 2011Pending Sale$7,000$9Fannie Mae
May 12, 2011Price Change$7,000$9Fannie Mae
Apr 10, 2011Price Change$8,900$12Fannie Mae
Apr 8, 2011Listed For Sale——foreclosure.com
Aug 11, 2010Sold$8,000$10Public Record
May 7, 2007Sold$17,660$23Imagine MLS
Listed For Sale$125,000
Apr 14, 2026•$163/sqft•Imagine MLS
Contingent$125,000
Mar 30, 2026•$163/sqft•Imagine MLS
Listed For Sale$125,000
Feb 5, 2026•$163/sqft•Imagine MLS
Sold$80,000
Aug 19, 2021•$104/sqft•Imagine MLS
Listing Removed$52,000
May 25, 2017•$68/sqft•Cochran Realty
Pending Sale$52,000
Apr 20, 2017•$68/sqft•Cochran Realty
Listed For Sale$52,000
Jul 25, 2016•$68/sqft•Cochran Realty
Sold$20,500
Jul 14, 2015•$27/sqft•Imagine MLS
Pending Sale$26,000
Jun 30, 2015•$34/sqft•Rector Hayden, Realtors
Price Change$26,000
Jun 6, 2015•$34/sqft•Lexington Office
Price Change$27,000
Apr 28, 2015•$35/sqft•Lexington Office
Price Change$29,250
Apr 3, 2015•$38/sqft•Rector Hayden, Realtors
Price Change$30,750
Mar 18, 2015•$40/sqft•Rector Hayden, Realtors
Listed For Sale$31,500
Mar 11, 2015•$41/sqft•Rector Hayden, Realtors
Sold$27,500
Feb 15, 2013•$36/sqft•Imagine MLS
Listed For Sale$30,000
Jul 25, 2012•$39/sqft•ERA Woods Group
Sold$4,000
Jun 3, 2011•$5/sqft•Public Record
Pending Sale$7,000
May 29, 2011•$9/sqft•Fannie Mae
Price Change$7,000
May 12, 2011•$9/sqft•Fannie Mae
Price Change$8,900
Apr 10, 2011•$12/sqft•Fannie Mae
Listed For Sale—
Apr 8, 20110•foreclosure.com
Sold$8,000
Aug 11, 2010•$10/sqft•Public Record
Sold$17,660
May 7, 2007•$23/sqft•Imagine MLS
Tax history
17 years of records
YearTax paidAssessed value
Apr 15, 2023$989$80,000
Apr 15, 2022$1,022$80,000
Apr 15, 2021$287$22,500
Apr 15, 2020$287$22,500
Apr 15, 2019$287$22,500
Apr 15, 2018$262$20,500
Apr 15, 2017$250$20,500
Apr 15, 2015$198$27,500
Apr 15, 2014$198$27,500
Apr 15, 2012$198$20,700
Apr 15, 2011——
Apr 15, 2010——
Apr 15, 2009——
Apr 15, 2008—$17,700
Apr 15, 2006——
Apr 15, 2005——
Apr 15, 2004——
Nearby homes
Neighborhood details
Local context around this listing
Lexington, KY • Fayette County
Nearby neighborhoods
Blueberry Hill-Brigadoon-Stoneybrook-BaraltoCardinal Hill-Pine MeadowCentral DowntownDuncan ParkGardenside-ColonyIndian Hills-Stonewall Estates-MonticelloKenawood-Rockwood-Hi-Acres-Deep SpringReservoirSouthland-Deerfield-Open GatesUniversity of Kentucky
Nearby cities
Lexington
Nearby zip codes
40502405034050440505405084050940511405144051540517
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