346 Ohio Street, Lexington, KY 40508
Downtown · Fayette County
Key Facts
Description
Attention investors! As-is listing: Great opportunity to acquire a cash-flowing rental property near downtown Lexington at an attractive price point. This duplex features Unit A with 3-bedroom, 1-bath and Unit B with 2-bedroom, 1 bath. Both units are currently rented and occupied, making it produce income from day one. Rented at $2,330/month, with Unit A bringing in $1,265/mo and Unit B bringing in $1,065/mo. Tenants have been with us since early 2024. This one checks the boxes for investors looking to build or expand their portfolio! Schedule a showing today.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
Duplex
Year Built
1900
Living Area
2,013 sq ft
Lot Size
0.09 acres
MLS® Listing#
26005006
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Laundry
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Rooms
- Second
- First
- Bathroom 1First
- Bathroom 1First
- Bedroom 2First
- Bedroom 2Second
- Bedroom 3First
- Family RoomFirst
- KitchenFirst
- KitchenFirst
- Living RoomFirst
- Living RoomFirst
- Utility RoomFirst
Schools
- Elementary:
- William Wells Brown
- Middle:
- Lexington Trad
- High:
- Frederick Douglass
Financial Details
HOA
None
Parcel Number
16458590
Directions
Take S Broadway inbound to W. Fourth. Right on West Fourth. Right on Ohio St. Home is down on the left. 346. Latitude: 38.04641° Longitude: -84.48681°
Affordability Calculator
$41,800
Estimated monthly payment
$1,112/mo
Principal $167,200 · Est. interest $233,259 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lexington, KY
- $440,000
- Median Listing Price
- 42
- Median Days on Market
- 2,177
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 606
- Active Listings
- This home’s price is 53% below the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lexington, KY.
Location
Points of Interest in Lexington, KY
Showing the Lexington area map.
Nearby Schools
Lexington Traditional Magnet School
Secondary · 0.3 mi away
Sayre School
Secondary · 0.4 mi away
William Wells Brown Elementary School
Elementary · 0.4 mi away
St Peter & Paul School
Secondary · 0.4 mi away
Good Shepherd Day School
Elementary · 0.5 mi away
Ashland Elementary School
Elementary · 0.7 mi away
Central Alternative School
School · 0.7 mi away
Fayette County Public Schools
Elementary · 0.7 mi away
Edythe J Hayes Middle School
School · 0.7 mi away
Harmony Day Montessori School
Elementary · 0.7 mi away
Bluegrass Montessori School
Elementary · 0.7 mi away
Maxwell Elementary School
Elementary · 0.8 mi away
Harrison Elementary School
Elementary · 0.9 mi away
Providence Montessori Middle School
Elementary · 0.9 mi away
Mini Movers
School · 1.0 mi away
Arlington Elementary School
Elementary · 1.0 mi away
Montessori High School
Secondary · 1.2 mi away
Cassidy Elementary School
Elementary · 1.5 mi away
Lexington Montessori School
Elementary · 1.5 mi away
BCTC Fayette County Adult Education
School · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 210 E 7th Street, Lexington, KY | $155,000 | 4 | 3 | — |
| 2325 Allen Dr, Lexington, KY | $239,900 | 4 | 1 | 2,442 |
| 2457 Butternut Hill Court, Lexington, KY | $249,000 | 4 | 2 | 1,190 |
| 223 Race Street, Lexington, KY | $250,000 | 4 | 2 | 1,500 |
| 1706 Sarasota Court, Lexington, KY | $255,000 | 4 | 2 | 1,550 |
| 2304 Caywood Circle, Lexington, KY | $255,000 | 4 | 2 | 1,600 |
Moving Cost Estimate
EXIT Agents in Lexington
Listing Courtesy: Bluegrass Rental Management LLC - 8594027172
Last Updated: 2025-12-10