About This Home

This 2-bedroom, 2-bathroom multi-family at 346 E 2nd St in Lexington, KY is listed for $159,900 ($141 per sqft). Built in 1959, the home offers 1,134 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1959
  • 0.06 acre lot

Property Details

2 full
1959

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

346 E 2nd St

Lexington, KY 40508

Downtown

Property Details

Heating

Electric (Heating)

Cooling

Window Unit(s)

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 346 E 2nd St is listed at $159,900 ($141/sqft). The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.06 acre lot.

This property is listed by M Scott Peace.

MP

M Scott Peace

Agent at United Real Estate

Listed by United Real Estate · Broker phone: (859) 509-7598 · View on Broker Site · Broker website

MLS# 26021986· Source: ImagineMLS· 76 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.

346 E 2nd St, Lexington, KY 40508

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