Updated
The Flats at 345
345 Blackburn Ave, Lexington, KY 40508
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Pricing by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: observed data only.
Observed Lease Revenue
$7,535/mo
from 5 tracked leases; not enough coverage yet for a whole-building estimate
Effective Rent on New Leases
$1,507
vs $1,702 current asking ($195 negotiation gap)
Recent Lease Activity
8 units tracked; 5 assumed leased, 3 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
3
Limited availability
3 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
High demand property with less room to negotiate on price.
Price vs. Lexington 40508
NeighborhoodComparing 6 apartments in Lexington 40508. Click any bar to view that building.
Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 67 | studios340 - Studio | Studio / 1ba | 350 | $1,255 | $3.59 | 2026-09-10 | Pro | |
| -- | Available Now!! - Receive a $500 Gift Card on 2 Bed 2 Bath Premium June Move-In | 2bd / 2ba | 946 | $1,925 | $2.03 | -- | Pro | |
| -- | The Flats at 345 - 2 Bed 2 Bath Premium Available August 2026 | 2bd / 2ba | 946 | $1,925 | $2.03 | 2026-08-19 | Pro | |
Unit Details
Train activity
Loud train activity
Freight line 491 ft away · 4 trains/day
- Daytime only (4 trains)
- Crossing 491 ft away. Horns expected during the day.
- Operator: RJCC
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lexington, KY notes
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