Turnkey Multifamily
For Sale
$139,900
353 Ohio Street, Lexington, KY 40508
MULTI_FAMILY - Lexington, KY
Property Size2,962 SF
Price / SF$47.23
Days on Market126
Property Features for 353 Ohio Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Laundry Room, Bedroom 2
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
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. Latitude: 38.046831 Longitude: -84.486974
Special listing conditions
Auction
Standard status
Active
APN
16960300
Size
2,962 SF
Utilities
Heating system
Natural Gas, Electric (Heating), Forced Air
Cooling system
Electric
Building Details
Roof type
Shingle
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# 26008843
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 multifamily property is offered for sale as an income-producing asset, currently generating $1,500 per month in rental income. The offering is structured to support an investor strategy that may include adding up to four additional properties to maximize cash flow.
The property is located at 353 Ohio Street in Lexington, Kentucky 40508, within Fayette County.
With a total size of 2,962 square feet, this residential income asset is presented as a ready-to-operate investment opportunity.
The property is located at 353 Ohio Street in Lexington, Kentucky 40508, within Fayette County.
With a total size of 2,962 square feet, this residential income asset is presented as a ready-to-operate investment opportunity.
Key Highlights
- $1,500/month rental income, described as a turnkey investment opportunity
- Heating includes natural gas, electric (heating), and forced air
- Cooling system is electric
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
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey multifamily property currently producing $1,500 per month in rental income, with potential to add up to four more properties.
Where is this duplex located?
The property is located at 353 Ohio Street Lexington, KY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: $1,500/month rental income, described as a turnkey investment opportunity; Heating includes natural gas, electric (heating), and forced air; Cooling system is electric
