Turnkey Residential Income
For Sale
$134,900
347 Ohio Street, Lexington, KY 40508
MULTI_FAMILY - Lexington, KY
Property Size3,833 SF
Lot Size0.09 Acres
Price / SF$35.19
Days on Market126
Property Features for 347 Ohio Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Zoning description
Residential
Bedrooms
4
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Subdivision
Downtown
Elementary school
William Wells Brown
High school
Frederick Douglass
Elementary school district
Fayette County - 1
Middle school district
Fayette County - 1
High school district
Fayette County - 1
Directions
Broadway, turn east onto 4th St. past Transylvania, right onto Ohio, house is on the right; Or, Rose to Elmtree Lane, right onto 4th, right onto Ohio.
Standard status
Active
APN
16818550
Size
3,833 SF
Lot size
0.09 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1900
Listing Agency:
CENTURY 21 Advantage Realty
(859) 721-0121
Listed By:
Sharon Angelina A Allen
(859) 797-1491
Added: Apr 23
Changed: Jul 25
Last Checked: Aug 26 at 6:06AM
MLS# 26009062
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 turnkey residential income property is offered as a producing asset, generating $1,200 per month in rental income. The property contains 3,833 square feet on a 0.088-acre lot.
Located at 347 Ohio Street in Lexington, Kentucky 40508 (Fayette County), the property is identified under R-1 zoning. The listing also notes that up to four additional properties can be added to the offering to help maximize cash flow.
Located at 347 Ohio Street in Lexington, Kentucky 40508 (Fayette County), the property is identified under R-1 zoning. The listing also notes that up to four additional properties can be added to the offering to help maximize cash flow.
Key Highlights
- Heat pump heating and cooling system
- Home built in 1900
- Rooms include up to 4 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,393
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R-1 zoned residential income property generating $1,200/month rental income with 3,833 SF.
Where is this duplex located?
The property is located at 347 Ohio Street Lexington, KY.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Heat pump heating and cooling system; Home built in 1900; Rooms include up to 4 bedrooms and 1 bathroom
