346 E 2nd St Lexington, KY 40508
East End NeighborhoodEstimated payment $1,052/month
Highlights
- Window Unit Cooling System
- Heating Available
- 3-minute walk to Northeastern Park
- Ashland Elementary School Rated A
About This Home
This updated duplex features two 1-bedroom, 1-bath units generating strong cash flow—currently leased at $750 per side ($1,500 total per month). Located just minutes from downtown Lexington, it offers both immediate income and long-term upside. Package Option: Available individually or as part of a portfolio with 570 Ohio Street and 425 Chestnut Street in Lexington. Out of respect for tenants, there will be a group showing, Sunday, March 22nd 3-3:45. Please contact listing agent to let him know you are coming or with questions.
Listing Agent
M Scott Peace
Lifstyl Real Estate License #240444 Listed on: 02/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 2,788 Sq Ft Lot
Home Design
- 1,134 Sq Ft Home
- Duplex
- Shingle Roof
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- William Wells Brown Elementary School
- Lexington Trad Middle School
- Frederick Douglass High School
Utilities
- Window Unit Cooling System
- Heating Available
Community Details
- Downtown Subdivision
- Gross Income $1,500
Listing and Financial Details
- Assessor Parcel Number 15009500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,855 | $150,000 | $0 | $0 |
| 2024 | $1,360 | $110,000 | $0 | $0 |
| 2023 | $799 | $64,600 | $0 | $0 |
| 2022 | $825 | $64,600 | $0 | $0 |
| 2021 | $825 | $64,600 | $0 | $0 |
| 2020 | $141 | $11,000 | $0 | $0 |
| 2019 | $141 | $11,000 | $0 | $0 |
| 2018 | $141 | $11,000 | $0 | $0 |
| 2017 | $134 | $11,000 | $0 | $0 |
| 2015 | $123 | $11,000 | $0 | $0 |
| 2014 | $123 | $11,000 | $0 | $0 |
| 2012 | $123 | $11,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $169,000 | +12.7% | $149 / Sq Ft | |
| 05/02/2024 05/02/24 | Sold | $150,000 | -6.3% | $132 / Sq Ft | View Prior Sale |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- | |
| 04/12/2024 04/12/24 | Price Changed | $160,000 | -5.8% | $141 / Sq Ft | |
| 03/13/2024 03/13/24 | For Sale | $169,900 | -- | $150 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26002966
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Ask me questions while you tour the home.