346 E Third St Lexington, KY 40508
East End NeighborhoodEstimated payment $1,045/month
Highlights
- Heating Available
- Ashland Elementary School Rated A
- 5-minute walk to Charles Young Park
About This Home
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.
Listing Agent
M Scott Peace
Lifstyl Real Estate License #240444 Listed on: 08/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 2,800 Sq Ft Lot
Home Design
- 1,134 Sq Ft Home
- Duplex
- Shingle Roof
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Ashland Elementary School
- Lexington Trad Middle School
- Henry Clay 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,620 | $131,000 | $0 | $0 |
| 2024 | $1,620 | $131,000 | $0 | $0 |
| 2023 | $892 | $72,100 | $0 | $0 |
| 2022 | $921 | $72,100 | $0 | $0 |
| 2021 | $921 | $72,100 | $0 | $0 |
| 2020 | $906 | $70,900 | $0 | $0 |
| 2019 | $906 | $70,900 | $0 | $0 |
| 2018 | $906 | $70,900 | $0 | $0 |
| 2017 | $863 | $70,900 | $0 | $0 |
| 2015 | $793 | $70,900 | $0 | $0 |
| 2014 | $793 | $70,900 | $0 | $0 |
| 2012 | $793 | $70,900 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2026 09/23/26 | Pending | -- | -- | -- |
| 08/31/2026 08/31/26 | Price Changed | $159,900 | -5.9% | $141 / Sq Ft |
| 08/13/2026 08/13/26 | For Sale | $169,900 | -- | $150 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26021986
APN: 12511300
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