$445,000
270 Sherman Avenue, Lexington, KY 40502
- 2,160
- sqft
- 0.16
- acres
- Duplex
- Property type
- 1920
- Year built
- 0.16 acres
- Lot size
- $206
- Price / sq ft
Showing MLS 26024385 only. Other listings’ history has not been attached.
Listing Description
Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!
Listed by The Brokerage · ben@thebrokerageky.com
MLS #26024385 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Duplex
- Year built
- Built in 1920
- Lot size
- 0.16-acre lot
- Price / sq ft
- $206 / sq ft
Interior
- 6 bedrooms
- 2 bathrooms
Property
- Duplex
- 2,160 sq ft
- 0.16-acre lot
Construction
- Built in 1920
- Shingle
- Heating: Heat Pump
- Cooling: Electric
Show all home details
Exterior & parking
- Roof
- Shingle
- Parking features
- On Site
Utilities & comfort
- Heating
- Heat Pump
- Cooling
- Electric
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site
This Listing’s Timeline
| Date | Event | Price |
|---|---|---|
| Sep 4, 2026 | Listed for sale | $445,000 |
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$2,836/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,309
- Taxes
- $397
- Other costs
- $130
- $445,000
- Home price
- 20% · $89,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,309
- Estimated property taxes
- $397
- Home insurance
- $130
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,309
- Estimated property taxes
- $397
- Home insurance
- $130
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
- —
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Ashland
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Morton
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Henry Clay
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
A dedicated School Wizard page is coming soon.
Shelby & Drake JohnsonFive Pillars Team · eXp Realty