About This Home

This 6-bedroom, 2-bathroom multi-family at 270 Sherman Avenue in Lexington, KY is listed for $445,000 ($206 per sqft). Built in 1920, the home offers 2,160 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1920
  • 0.16 acre lot
  • 6 parking spaces

Property Details

2 full
6 spaces
1920

Amenities

A/C
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/mo

nth 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!

Monthly Cost Estimate

$2,380/mo

20% down · 6.5% · 30 years

Principal$322
Interest$1,928
Insurance$130

Estimates only. Actual payments may vary.

Location

270 Sherman Avenue

Lexington, KY 40502

Kenwick

Property Details

Heating

Heat Pump (Heating)

Cooling

Electric

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 270 Sherman Avenue is listed at $445,000 ($206/sqft). The estimated monthly payment is $2,380 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.16 acre lot, 6 parking spaces.

This property is listed by Tyler I Back.

TB

Tyler I Back

Agent at The Brokerage

Listed by The Brokerage · Broker phone: (859) 983-5870 · View on Broker Site · Broker website

MLS# 26024385· Source: ImagineMLS· 56 days on PropertySimple

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

270 Sherman Avenue, Lexington, KY 40502

Open this listing in: