270 Sherman Avenue, Lexington, KY 40502

Lexington
Local realty services provided by:ERA Select Real Estate
270 Sherman Avenue,Lexington, KY 40502
$445,000
  • 6 Beds
  • 2 Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active
Listed by: tyler i back
Office: the brokerage
MLS#:26024385
Source:KY_LBAR

Price summary

  • Price:$445,000
  • Price per sq. ft.:$206.02

About this home

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!

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Home facts

  • Year built:1920
  • Subdivision & Development:Kenwick
  • Listing ID #:26024385
  • Added:53 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,160 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Heat Pump

Structure and exterior

  • Year built:1920
  • Building area:2,160 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Henry Clay
  • Middle school:Morton
  • Elementary school:Ashland

Finances and disclosures

  • Price:$445,000
  • Price per sq. ft.:$206.02

Features and amenities

  • Laundry features:Washer Hookup
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