Lexington, KY Duplexes for Sale

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Updated: Aug 13

Fully Occupied Duplex

346 E 2nd St, Lexington, KY 40508

$159,900

1,134 sqft 0.06 AC lot

Fully occupied duplex at 346 E 2nd St, Lexington, KY 40508
1,134 square feet on 0.064 acres
Each unit includes 1 bedroom and 1 full bathroom
Unit #1 updated in 2021 with newer flooring and kitchen improvements
New shingle roof installed in 2023

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346 E 2nd St, Lexington, KY 40508

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$9K
Annual
Price @ 7% Cap

$135K
Suggested
Property Type

Duplex
Built 1959

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Updated: Jul 30

Updated Duplex with Screened Patio

607 Camino Drive, Lexington, KY 40502

$599,000

2,562 sqft 0.16 AC lot

Three‑bedroom, three‑bath duplex residence updated in 2021
611 sq ft two‑car tandem garage with basement access
Covered screened patio opens to a private, fenced backyard
Two‑level layout with second living area, bedroom, bathroom, and laundry room downstairs
Less than five minutes from Kroger Field, the University of Kentucky, UK Hospital, the Arboretum, and Chevy Chase

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All-Brick Duplex Income Portfolio

1503 Roanoke Road, Lexington, KY 40504

$800,000

1,873 sqft 0.20 AC lot

Turnkey package includes two single-family homes and an all-brick duplex with hardwood floors, all in R-2 zoning.

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Duplex with Wraparound Porch

145 N Ashland Avenue, Lexington, KY 40502

$375,000

2,091 sqft 0.20 AC lot

Cape Cod residence with two kitchens, original millwork, hardwood flooring, and flexible multi-unit potential.

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Two-Unit Duplex with Storage

415417 415-417 Oak St, Lexington, KY 40508

$285,000

1,316 sqft

Each residence includes two bedrooms and one full bathroom, with tenants on month-to-month leases.

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Fully Occupied Duplex

1840 Chatsworth Drive, Lexington, KY 40515

$275,900

1,672 sqft 0.31 AC lot

Two occupied residential units provide a straightforward multifamily configuration with established tenancy in place.

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Two-Bedroom Duplex

415-417 Oak Street, Lexington, KY 40508

$285,000

1,316 sqft 0.22 AC lot

Duplex in R-2 zoning with 2-bed, 1-bath units and on-street parking, built in 1977.

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All-Brick Duplex on a Quiet Court

2004-2006 Writt Court, Lexington, KY 40505

$289,000

1,932 sqft 0.26 AC lot

All-brick duplex with two-bedroom layouts and central air, built in 1965 on a quiet court.

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Duplex with Updated Unit

346 E Second St, Lexington, KY 40508

$169,900

1,134 sqft

Fully leased duplex with two one-bedroom residences and recent improvements to one unit and the roof.

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Two-Unit Duplex with Off-Street Parking

507 E 7th Street, Lexington, KY 40505

$110,000

696 sqft 0.09 AC lot

Two compact residences share one structure, with kitchens, full baths, tile flooring, and wall-unit cooling.

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Two-Unit Duplex with Mixed Updates

414 Morrison Ave, Lexington, KY 40508

$249,900

1,581 sqft

Each residence offers two bedrooms and one full bathroom, with both units occupied on a month-to-month basis.

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Two-Unit Duplex with Metal Roof

511 E 7th Street, Lexington, KY 40505

$110,000

640 sqft 0.06 AC lot

Compact duplex with two independent one-bedroom residences and shared rear parking access.

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Duplex With Detached Garage

310 Hanover Court, Lexington, KY 40502

$375,000

1,901 sqft 0.12 AC lot

R-2-zoned property with natural gas heat, covered parking, and a detached garage with workbench space.

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Fully Occupied Duplex

1840 Chatsworth Drive, Lexington, KY 40515

$275,900

1,672 sqft

Two leased residences each provide a two-bedroom, one-bath layout for an established rental property.

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Duplex with Two Private Units

270 Sherman Avenue, Lexington, KY 40502

$459,000

2,160 sqft 0.16 AC lot

Versatile duplex featuring two separate units, each with its own private living space in Lexington, KY.

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Duplex with Two-Bedroom Units

414 Morrison Avenue, Lexington, KY 40508

$249,900

1,581 sqft 0.13 AC lot

Two residential units offer separate living spaces with central air, natural-gas forced-air heat, and open or on-street parking.

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Two-Unit Duplex with Storage

415-417 Oak St, Lexington, KY 40508

$285,000

1,316 sqft

Tenant-occupied property offers flexible month-to-month lease arrangements and convenient on-site storage.

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Historic Duplex with Restored Interiors

152 E Fourth Street, Lexington, KY 40508

$350,000

2,322 sqft 0.18 AC lot

Fully occupied two-unit property with updated kitchens, baths, and dedicated off-street parking near downtown amenities.

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Two-Unit Duplex

270 Sherman Ave, Lexington, KY 40502

$459,000

2,160 sqft

Separate residences support rental use or an owner-occupant arrangement.

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Restored Duplex with Parking

148 E Fourth Street, Lexington, KY 40508

$375,000

2,578 sqft 0.12 AC lot

Fully occupied residential property with two renovated units, original architectural details, and convenient access to downtown amenities.

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Brick Duplex with Courtyard

110-112 S Hanover Ave, Lexington, KY 40502

$725,000

2,580 sqft

Two residential units offer hardwood floors, original built-ins, separate living and dining rooms, and shared lower-level storage.

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Residential Income Duplex

436 Ohio Street, Lexington, KY 40508

$100,000

4,200 sqft 0.10 AC lot

Vacant duplex-style residential income property in Lexington’s Fayette County, sized at about 4,200 square feet.

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Remodeled 2-Unit Duplex

412 Woodview Drive A&b, Lexington, KY 40515

$399,000

3,560 sqft

Fully leased duplex with two three-bedroom residences and updated interiors for established rental occupancy.

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Brick Duplex With Courtyard

110-112 S Hanover Avenue, Lexington, KY 40502

$725,000

2,580 sqft 0.10 AC lot

Two units feature hardwood floors, original built-ins, and shared basement laundry and storage.

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Lexington, KY Duplexes Market Trends and Statistics

Explore 44 duplexes for sale in Lexington, KY, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 109,614 square feet of properties for sale, with an estimated market value of $13,772,600.

Sale prices for duplexes in Lexington, KY start at $100,000, averaging $353,143, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 322K

Population Growth (5Y) +1.0%

Median Household Income $71,202

College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
40505	$244.5K
40508	$257.1K
40517	$282K
40502	$486K
40503	$499.9K

Taxes & Financing

Tax Rate (average for all types) 1.22%

Property Tax per SF $11.25 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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Lexington, KY Duplexes for Sale

346 E 2nd St, Lexington, KY 40508

607 Camino Drive, Lexington, KY 40502

1503 Roanoke Road, Lexington, KY 40504

145 N Ashland Avenue, Lexington, KY 40502

415417 415-417 Oak St, Lexington, KY 40508

1840 Chatsworth Drive, Lexington, KY 40515

415-417 Oak Street, Lexington, KY 40508

2004-2006 Writt Court, Lexington, KY 40505

346 E Second St, Lexington, KY 40508

507 E 7th Street, Lexington, KY 40505

414 Morrison Ave, Lexington, KY 40508

511 E 7th Street, Lexington, KY 40505

310 Hanover Court, Lexington, KY 40502

1840 Chatsworth Drive, Lexington, KY 40515

270 Sherman Avenue, Lexington, KY 40502

414 Morrison Avenue, Lexington, KY 40508

415-417 Oak St, Lexington, KY 40508

152 E Fourth Street, Lexington, KY 40508

270 Sherman Ave, Lexington, KY 40502

148 E Fourth Street, Lexington, KY 40508

110-112 S Hanover Ave, Lexington, KY 40502

436 Ohio Street, Lexington, KY 40508

412 Woodview Drive A&b, Lexington, KY 40515

110-112 S Hanover Avenue, Lexington, KY 40502

Lexington, KY Duplexes Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Office

Property Size Breakdown

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