$205,000

422-424 E 2nd Street, Lexington, KY 40508

  • 2 beds |
  • 2 baths |
  • 1,021 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon3,659sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $201/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Opportunity Knocks! Whether you're looking for your first investment with a great live-in duplex option or you're a seasoned investor adding to a strong, low-vacancy portfolio, this property is a standout opportunity. Both units are studio-style layouts, offering simple, efficient living spaces that have great appeal. Inside, you'll find luxury vinyl plank flooring throughout. The location also offers on-street parking and easy access to downtown Lexington. One unit is rented and the other is renovated and ready for a new tenant or owner occupant. Currently renting at $825 per month per unit.

Listing Status:
Active
Date Added:
January 12, 2026
Data Last Updated:
February 14, 2026 at 7:38AM
Listing Office:
The Local Agents : 859-203-7676
MLS ID:
26000741
  • Laundry: Electric Dryer HookupWasher Hookup
  • A/C: Window Unit(s)
  • Heating: Baseboard
  • Parking: Other
  • Roofing: Shingle
  • Golf: Park
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Fayette County - 1
  • County: Fayette
  • Zoning: Other14703000
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of The Local Agents

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ashland Elementary School

195 N Ashland Ave, Lexington, KY, 40502

Grades KG-5

0.52 miles away

L

Lexington Traditional Magnet School

350 N Limestone, Lexington, KY, 40508

Grades 6-8

0.49 miles away

H

Homebound Secondary School

701 E Main St, Lexington, KY, 40502

Grades 6-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.