# 346 E 2nd St, Lexington, KY 40508

> **TL;DR:** 2bd/2ba multi-family, $159,900 ($141/sqft), built 1959, 1,134 sqft.
> A/C. Est. $856/mo. Listed 77 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $159,900 |
| Price/sqft | $141 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,134 |
| Year Built | 1959 |
| Lot Size | 2,788 sqft (0.06 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | Pending |
| Days on Market | 77 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $809 |
| Estimated Insurance | $47 |
| **Total** | **$856** |

## Nearby Schools

- **Elementary:** Ashland
- **Middle:** Lexington Trad
- **High:** Henry Clay

## Key Amenities

- A/C

## Property Highlights

- Built in 1959
- 0.06 acre lot

## Description

### Agent 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.

## Location

- **Address:** 346 E 2nd St, Lexington, KY 40508
- **County:** Fayette
- **Neighborhood:** Downtown
- **Coordinates:** 38.044418, -84.489348
- **Google Maps:** https://www.google.com/maps?q=38.044418,-84.489348

## Listing Agent

- **Name:** M Scott Peace
- **Brokerage:** United Real Estate
- **Broker Phone:** (859) 509-7598
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/346-E-Second-St_Lexington_KY_40508_M36391-65885?f=listhub&s=LBARKY&m=26021986&c=propsimple)

## Photos

![346 E 2nd St - Photo 1](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f3990675728r.jpg)

![346 E 2nd St - Photo 2](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f496110953r.jpg)

![346 E 2nd St - Photo 3](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f4115338323r.jpg)

![346 E 2nd St - Photo 4](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f1851678699r.jpg)

![346 E 2nd St - Photo 5](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f164938376r.jpg)

![346 E 2nd St - Photo 6](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f118273079r.jpg)

![346 E 2nd St - Photo 7](http://lh.rdcpix.com/6b48bdc90b43b5051b81abc715972d30l-f3101706977r.jpg)

---

**MLS#:** 26021986 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/346-e-2nd-st-lexington-ky-40508-13f84fd4b9f74555a6a94bec3e4043aa)

---

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