270 Sherman Avenue, Lexington, KY 40502

$445,000

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BEDS6 BATHS2 full SQUARE FEET2,160 MLS#26024385

STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKenwick SCHOOLFayette County - 1

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Property 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!

270 Sherman Avenue | MLS# 26024385

This multi-family property located at 270 Sherman Avenue, Lexington, KY 40502 is currently listed for sale with an asking price of $445,000. Sherman Avenue is located within the Fayette County - 1 school district. Search Lexington real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Electric

Heating: Heat Pump

Lot Size: 0.16 Acres

Roof Type: Shingle

Year Built: 1920

Feature Descriptions

Laundry: Washer Hookup

Laundry Features: Washer Hookup

Lot Dimensions: 0.160 acre(s)

Parcel #: 45407700

Parking Notes: On Site

Structure Type: Duplex

Local Schools

High School: Henry Clay

Middle School: Morton

Elementary School: Ashland

School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: The Brokerage

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimated Payment

$ 1,728.39 per month $1,598.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $129.79 Homeowner's Insurance

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270 Sherman Avenue, Lexington, KY 40502

$445,000

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/05/2026. The listing information on this page last changed on 09/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 09/05/2026 12:02:59 AM EST) or Imagine MLS (last updated Fri 09/04/2026 11:15:27 PM EST). Real estate listings held by brokerage firms other than SALLIE DAVIDSON, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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