551 West Fifth Street Lexington, KY 40508
Single Family Detached
MLS #: 25000361
Courtesy Of Bluegrass Sotheby's International Realty
Property InformationDescription
This property is a diamond in the rough, prime location in the heart of downtown, this property offers immense potential for the savvy investor or developer. The building is in need of a complete overhaul, but with the right vision, it could be transformed into a beautiful downtown Lexington home. Located in a high-demand area, surrounded by ongoing developments, restaurants, and businesses, this property is poised to benefit from future growth.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Lot Size: 0.05 Acres
MAP & DIRECTIONS
School Information
551 West Fifth Street, Lexington, KY 40508
Elementary School
Grades PK-5 |
Public School
HARRISON ELEMENTARY SCHOOL
Lexington, KY 40507
161 Bruce St
859.381.3418
Distance: 0.5 mi
School Rating
D+
Student:Teacher Ratio
9:1
Total Students
216
Middle School
Grades 6-8 |
Public School
LEXINGTON TRADITIONAL MAGNET SCHOOL
Lexington, KY 40508
350 N Limestone
859.381.3192
Distance: 0.6 mi
School Rating
D-
Student:Teacher Ratio
10:1
Total Students
339
High School
Grades 9-12 |
Public School
LAFAYETTE HIGH SCHOOL
Lexington, KY 40503
401 Reed Ln
859.381.3474
Distance: 2.8 mi
School Rating
A
Student:Teacher Ratio
19:1
Total Students
2363
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Steam Academy | 0.6 mi | Public | 9-12 | A- |
| Sts. Peter & Paul Regional Catholic School | 0.6 mi | Private | PK-8 | |
| Sayre School | 0.7 mi | Private | PK-12 | |
| Booker T. Washington Elementary School | 0.9 mi | Public | PK-5 | D |
| Bluegrass Montessori School | 0.9 mi | Private | PK-KG | |
| Arlington Elementary School | 0.9 mi | Public | PK-5 | D- |
| Fcps Virtual Academy | 0.9 mi | Public | KG-12 | |
| William Wells Brown Elementary School | 1.1 mi | Public | PK-5 | C |
| Fayette County Learning Center | 1.1 mi | Public | 8-12 | D- |
| Good Shepherd Day School | 1.4 mi | Private | PK-TKG | |
| Maxwell Spanish Immersion Elementary School | 1.5 mi | Public | KG-5 | B+ |
| Ashland Elementary School | 1.5 mi | Public | KG-5 | B+ |
| Homebound Secondary School | 1.6 mi | Public | 6-12 | |
| Homebound Elementary School | 1.6 mi | Public | PK-5 | |
| Kell Academy | 1.6 mi | Private | PK-TKG | |
| Uk Early Childhood Lab | 1.6 mi | Public | PK | |
| Lexington Montessori School | 1.7 mi | Private | PK-5 | |
| Northern Elementary School | 1.7 mi | Public | PK-5 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Lexington, KY 40508
| Median Age: | 30.1 |
|---|---|
| Married: | 16% |
| Number of Households: | 9,030 |
| Households with Children: | 13% |
Lexington, KY 40508
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
