Christina Marks - Elite Realty Logo
New Listing
$445,000
 $2,389 est/mo Sourced by Back At You

270 Sherman Avenue,Lexington, KY 40502

Lexington, KY 40502

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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!

Details

MLS #26024385
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1920
Days On Site5
Listing Provided ByThe Brokerage | Tyler I Back

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet2,160
Units2
Building(s)1
Acreage0.16

Interior

CoolingElectric
HeatingHeat Pump
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40502
Area002 Fayette County NE
SubareaFayette County NE
Community NameKenwick
School DistrictFayette County
Elementary SchoolAshland
High SchoolHenry Clay
Listing VS Median (in Kenwick)
Price:
$445,000
low | high
Med:
$445,000
50% of Average
sqft:
2,160
low | high
Med:
2,160
50% of Average
$ / sqft:
$206
low | high
Med:
$206
50% of Average
On site:
5
low | high
Med:
5
100% of Average
Sourced by Back At You

Market Activity 40502

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Additional Information

Showing Information

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Learn More About This Property

Christina Marks

Christina Marks

Elite Realty

Accredited Buyer Representative, C2EX, AHWD (270) 564-3102cmarks7@hotmail.com
StateKY
CountyFayette
CityLexington
Zip Code40502
Area002 Fayette County NE
SubareaFayette County NE
Community NameKenwick
School DistrictFayette County
Elementary SchoolAshland
High SchoolHenry Clay
Listing VS Median (in Kenwick)
Price:
$445,000
low | high
Med:
$445,000
50% of Average
sqft:
2,160
low | high
Med:
2,160
50% of Average
$ / sqft:
$206
low | high
Med:
$206
50% of Average
On site:
5
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $333K - $556K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
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229 Lincoln Avenue Property Photo 1
$620,000
229 Lincoln Avenue
Lexington, KY 40502
428 Henry Clay Boulevard Property Photo 1
$569,000
428 Henry Clay Boulevard
Lexington, KY 40502
Listing Updated: September 4, 2026 at 11:09:44 AM PDT

Christina Marks - Elite Realty