$159,900
 $858 est/mo Sourced by Back At You

346 E 346 E 2nd St Street,Lexington, KY 40508

Lexington, KY 40508

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Description

Attention Investors! Great opportunity to add a fully occupied duplex to your rental portfolio in downtown Lexington. Currently generating $1,615 per month in total rental income, each unit features a living room, kitchen, 1 bedroom, and 1 full bathroom. Unit #1 was updated in 2021 with newer flooring and kitchen improvements, and the property received a new roof in 2023. With tenants already in place and immediate rental income, this is an easy addition to an investment portfolio. Property is being sold as-is with inspections welcome.

Details

MLS #26021986
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1959
Days On Site20
Listing Provided ByLifstyl Real Estate | M Scott Peace

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,134
Building(s)1
ZoningR-3
Acreage0.06

Interior

CoolingWindow Unit(s)
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40508
Area002 Fayette County NE
SubareaFayette County NE
Community NameDowntown
School DistrictFayette County
Elementary SchoolAshland
High SchoolHenry Clay
Listing VS Median (in Downtown)
Price:
$159,900
low | high
Med:
$225,000
9.287054409006% of Average
sqft:
1,134
low | high
Med:
1,600
8.906525573192% of Average
$ / sqft:
$141
low | high
Med:
$145
47.118968213934% of Average
On site:
20
low | high
Med:
56.5
35.398230088496% of Average
Sourced by Back At You

Market Activity 40508

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Learn More About This Property

StateKY
CountyFayette
CityLexington
Zip Code40508
Area002 Fayette County NE
SubareaFayette County NE
Community NameDowntown
School DistrictFayette County
Elementary SchoolAshland
High SchoolHenry Clay
Listing VS Median (in Downtown)
Price:
$159,900
low | high
Med:
$225,000
9.287054409006% of Average
sqft:
1,134
low | high
Med:
1,600
8.906525573192% of Average
$ / sqft:
$141
low | high
Med:
$145
47.118968213934% of Average
On site:
20
low | high
Med:
56.5
35.398230088496% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $119K - $199K
sqft: 851 - 1,000
Nearby Listings Property ImageNearby Listings Details
423 E Second Street Property Photo 1
$225,000
423 E Second Street
Lexington, KY 40508
Listing Updated: August 31, 2026 at 12:07:11 PM PDT