270 Sherman Avenue, Lexington, KY 40502

$459,000
Property Type: Residential Income Bedrooms: 6 Baths: 2 Square Footage: 2,160 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $459,000 List Date: 7/23/2026 Last Modified: 7/23/2026

Overview

Description

Don't miss this versatile duplex located in one of Lexington's most desirable areas. Whether you're an investor looking to add a strong income-producing property to your portfolio or a buyer hoping to live in one unit while offsetting your mortgage by renting the other, this property offers outstanding flexibility and potential. Situated just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, and local shopping and dining, this duplex is well-positioned for consistent rental demand. Each unit offers its own private living space, making it an attractive option for both tenants and owner-occupants. Whether you're looking to generate immediate rental income, build long-term equity, or take advantage of the benefits of owner-occupied investing, 270 Sherman Avenue is an opportunity you won't want to miss.

Listing Details MLS# 26019619

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2026-07-23

Address

County
Fayette
Street Number
270
Street Name
Sherman
Street Suffix
Avenue
State
KY
Zip Code
40502
Directions
Richmond Rd. towards downtown, right onto Sherman, house down on right
Parcel Number
45407700

Contract

Original List Price
459000
Start Showing Date
2026-07-23
Listing Contract Date
2026-07-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
2868750
List Price/SqFt
212.5

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Kenwick
High School District
Fayette County - 1

Interior

Bedrooms Total
6
Bathrooms Total
2
Bathrooms Full
2
Living Area
2160
Living Area Source
Public Records
Bathrooms Half
0

More Information

Parking Information

Parking Total
6

Building

Year Built
1920
Accessibility Features YN
No

Lot

Lot Size Acres
0.16
Lot Size Square Feet
6969.6

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Don't miss this versatile duplex located in one of Lexington's most desirable areas. Whether you're an investor looking to add a strong income-producing property to your portfolio or a buyer hoping to live in one unit while offsetting your mortgage by renting the other, this property offers outstanding flexibility and potential. Situated just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, and local shopping and dining, this duplex is well-positioned for consistent rental demand. Each unit offers its own private living space, making it an attractive option for both tenants and owner-occupants. Whether you're looking to generate immediate rental income, build long-term equity, or take advantage of the benefits of owner-occupied investing, 270 Sherman Avenue is an opportunity you won't want to miss.

Tax & Legal

Elementary School
Ashland
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2638

Association/Community

Number Of Buildings
1
Number Of Units Total
2

Cooling

Electric
Yes

Heating

Heat Pump
Yes

Laundry Features

Washer Hookup
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Structure Type

Duplex
Yes

Showing Requirements

Restricted Hours
Yes
Showing Service
Yes

Property Features

Cooling: Electric Heating: Heat Pump Laundry Features: Washer Hookup Parking Features: On Site Possession: Close Of Escrow Roof: Shingle Structure Type: Duplex Showing Requirements: Restricted Hours; Showing Service
Listing Office: The Brokerage
Last Updated: July - 23 - 2026
Information deemed reliable but not guaranteed.