Turnkey Duplex with Rental
For Sale
$159,900
1346 Ohio Terrace, Lexington, KY 40508
MULTI_FAMILY - Lexington, KY
Property Size2,100 SF
Lot Size0.05 Acres
Price / SF$76.14
Days on Market125
Property Features for 1346 Ohio Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision
Downtown
Elementary school
William Wells Brown
Middle school
Lexington Trad
High school
Lafayette
Elementary school district
Fayette County - 1
Middle school district
Fayette County - 1
High school district
Fayette County - 1
Directions
New Circle Road to Broadway, Left on 7th Street, Right on Ohio Street, Left on Ohio Terrace--House is on the Right.
Standard status
Active
APN
1049240
Size
2,100 SF
Lot size
0.05 Acres
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Electric
Building Details
Year built
1930
Roof type
Shingle
Listing Agency:
CENTURY 21 Advantage Realty
(859) 721-0121
Listed By:
Sharon Angelina A Allen
(859) 797-1491
Added: Apr 24
Changed: Jul 25
Last Checked: Aug 26 at 6:06AM
MLS# 26009063
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex is offered as a turnkey investment and is stated to produce $1,500 per month in rental income. The property is listed with a total size of 2,100 square feet and sits on a 0.048-acre lot.
Located at 1346 Ohio Terrace in Lexington, KY 40508 within Fayette County, the offering also notes that up to 4 additional properties can be added to the package to help maximize cash flow.
As presented, the asset is positioned for buyers seeking immediate income through an occupied, turnkey configuration.
Located at 1346 Ohio Terrace in Lexington, KY 40508 within Fayette County, the offering also notes that up to 4 additional properties can be added to the package to help maximize cash flow.
As presented, the asset is positioned for buyers seeking immediate income through an occupied, turnkey configuration.
Key Highlights
- Year built 1930
- Heating includes electric heating and a heat pump
- Cooling: electric
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex generating stated $1,500 per month in rental income, offered as a turnkey investment.
Where is this duplex located?
The property is located at 1346 Ohio Terrace Lexington, KY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Year built 1930; Heating includes electric heating and a heat pump; Cooling: electric
