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.
For sale
$169,900
346 E 2nd St, Lexington, KY 40508
2beds
1,134sqft
Duplex
Built in 1959
-- sqft lot
$165,100 Zestimate®
$150/sqft
$-- HOA
What's special
Newer flooringNew roofKitchen improvements
- 11 days |
- 445 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
M Scott Peace 512-921-2794,
Lifstyl Real Estate
Source: Imagine MLS,MLS#: 26021986
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Window Unit(s)
Interior area
- Total structure area: 1,134
- Total interior livable area: 1,134 sqft
Property
Lot
- Size: 2,787 Square Feet
Details
- Parcel number: 15009500
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- Year built: 1959
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $150,000
- Annual tax amount: $1,855
- Date on market: 8/13/2026
Estimated market value
$165,100
$157,000 - $173,000
$1,494/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $169,900+0.5%$150/sqft |
Source:  Imagine MLS #26021986 Report a problem | ||
| 2/23/2026 | Listing removed | $169,000$149/sqft |
Source: Imagine MLS #26002966 Report a problem | ||
| 2/19/2026 | Listed for sale | $169,000-6.1%$149/sqft |
Source: Imagine MLS #26002966 Report a problem | ||
| 12/1/2025 | Listing removed | $179,900$159/sqft |
Source: Imagine MLS #25505616 Report a problem | ||
| 11/7/2025 | Listed for sale | $179,900+19.9%$159/sqft |
Source: Imagine MLS #25505616 Report a problem | ||
| 5/2/2024 | Sold | $150,000-6.3%$132/sqft |
Source: Imagine MLS #24004578 Report a problem | ||
| 4/17/2024 | Contingent | $160,000$141/sqft |
Source: Imagine MLS #24004578 Report a problem | ||
| 4/12/2024 | Price change | $160,000-5.8%$141/sqft |
Source: Imagine MLS #24004578 Report a problem | ||
| 3/13/2024 | Listed for sale | $169,900$150/sqft |
Source: Imagine MLS #24004578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,855 +36.4% | $150,000 +36.4% |
| 2024 | $1,360 +70.3% | $110,000 +70.3% |
| 2023 | $799 -3.2% | $64,600 |
| 2022 | $825 | $64,600 |
| 2021 | $825 +487.3% | $64,600 +487.3% |
| 2020 | $141 | $11,000 |
| 2019 | $141 | $11,000 |
| 2018 | $141 +4.9% | $11,000 |
| 2017 | $134 +8.8% | $11,000 |
| 2015 | $123 | $11,000 |
| 2014 | $123 | $11,000 |
| 2012 | $123 | $11,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $11,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Central Downtown
Nearby schools
GreatSchools rating
- 9/10Ashland Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Lexington Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Henry Clay High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Ashland
- Middle: Lexington Trad
- High: Henry Clay
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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