270 Sherman Avenue, Lexington, KY 40502
$445,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
2
Square Footage:
2,160
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$445,000
List Date:
9/04/2026
Last Modified:
10/13/2026
Overview
Description
Listing Details MLS# 26024385
Listing Information
- Property Sub Type
- Duplex
- Comp Sale YN
- No
Status Change Information
- StatusChangeDate
- 2026-09-04
Address
- County
- Fayette
- Street #
- 270
- Street
- Sherman
- St Suffix
- Avenue
- State/Province
- KY
- Zip Code
- 40502
- Directions
- Richmond Rd. towards downtown, right onto Sherman, house down on right
- Parcel Number
- 45407700
Contract
- Original List Price
- 445000
- Start Showing Date
- 2026-09-04
- Listing Price
- 445000
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 2781250
- List Price/SqFt
- 206.02
Tax Legal
- Area
- 002 - Fayette County NE
- Subdivision/Condo
- Kenwick
- School District
- Fayette County - 1
Interior
- Total # Bedrooms
- 6
- Total Bathrooms
- 2
- Baths - Full
- 2
- Living Area
- 2160
- Living Area Source
- Public Records
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
- 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!
Tax & Legal
- Tax Rate
- 1.2638
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 2
Property Features
Cooling:
Electric
Laundry Features:
Washer Hookup
Parking Features:
On Site
Possession:
Close Of Escrow
Roof:
Shingle
Structure Type:
Duplex
Showing Requirements:
Restricted Hours; Showing Service
Sellers Disclosure Of Property Condition ›
Listing Office:
The Brokerage
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.