Welcome to this beautifully maintained 1950s charmer in the heart of downtown Morehead! Ideally situated between Morehead State University and UK/St. Claire Regional Medical Center, this 4-bedroom, 1.5-bath home offers a prime, walkable location with easy access to downtown entertainment, dining, shopping, campus and medical facilities. Inside, the character of this vintage home shines with gorgeous hardwood floors throughout, a welcoming formal living room with fireplace and built-in bookshelves and a spacious family room with plenty of room for a dining area. Doors lead to a screened-in back porch overlooking the mostly fenced backyard. The main level includes a bedroom with an adjoining half bath. Upstairs you'll find two additional bedrooms, a beautifully updated full bath that retains that vintage charm and an impressive amount of closet and storage space. The basement adds even more versatility with a fourth bedroom and utility room. Currently operating as an active Airbnb, the home is being offered fully furnished with the exception of a few personal items, making it an appealing opportunity for an investor, MSU or medical professional or anyone looking for a character-filled home in one of Morehead's most convenient locations. If a well maintained, full of vintage charm and positioned within walking distance of so much of what downtown Morehead has to offer is on your list, this one is ready for its next chapter!
Single-familyProperty Type
1950Year Built
5,000 sq ftLot Size
$122Price/Sq.Ft.
Listed by Shannon Malone• HomeLand Real Estate Inc
1950s charmer! This 4 bedroom, 1 1/2 bath home has gorgeous hardwood floors through out. Step through the front door and you enter the formal living room with a fireplace and built-in bookshelves. As you continue through there is a large family room with a dining area and doors that lead to the screened in back porch that overlooks the mostly fenced yard and a cute little playhouse. The main floor bedroom has a 1/2 bath. Upstairs there are 2 bedrooms, a large full bath and tons of closet space. The basement features a large bedroom and utility room. The roof was replaced in October 2020.
ImagineMLS #1920291
Feb 7, 2020
Sold
$121,000
$74/sq ft
Jan 19, 2020
Pending
—
Aug 30, 2019
Listed
$129,500
$79/sq ft
+19
Great Location! This cozy 2 bedroom, 1.5 bath. Carefree landscaped yard with partial fencing, and a playhouse with sandbox. Upstairs offers 2 bedrooms with generous closet space and full bath. Partially finished basement includes laundry room, large storage area, and additional room that could be used as a bedroom. Also included is a one-car detached garage plus three additional parking spaces.We loved the charming living room and homey layout of this house the first time we saw it. Being so close to MSU, St. Claire, and downtown revolutionized our commutes and we've enjoyed being part of the pedestrian community. The peaceful backyard is a great place for children to play and adults to relax and it's overlooked by a screen porch with plenty of room for lounging and dining.The first floor office has been invaluable and open dining/living area works great for entertaining or family meals. Lots of storage space available.
ImagineMLS #52271
Dec 17, 2010
Sold
$109,000
$67/sq ft
Nov 4, 2010
Listing Removed
—
Oct 4, 2010
Listed
$119,500
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2018
$990
$30,000 + $124,900
$154,900
Public record
Beds
3
Baths
1.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,240
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,240
Year built
1950
Style
Single Family Residential
County
Rowan County
APN
080-20 05 009.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 21 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Morehead, KY • 40351
Average low and high temperatures (°F)
36
21
46
28
64
41
71
50
72
54
83
64
87
70
83
63
80
60
69
49
56
41
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 306 Lyons Ave
$197,122
$1,878 under list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $33K to $198K.