Search
Duplex with Electric Heat Pump
For Sale
$159,900

1346 Ohio Terrace, Lexington, KY 40508

Residential Income, Lexington, KY

Property Size2,100 SF
Lot Size0.05 Acres
Price / SF$76.14
Days on Market152

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 Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, 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 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
Listed By: Sharon Angelina A Allen
Added: Apr 24 Changed: Sep 12 Last Checked: Sep 22 at 3:06PM
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 duplex property includes 2,100 square feet of building area on a 0.048-acre lot. The residence dates to 1930 and has a shingle roof, electric heating with a heat pump, and electric cooling. Room information identifies three bedrooms and two bathrooms.

The property is located on Ohio Terrace in Lexington, Kentucky, within ZIP Code 40508. Its duplex classification supports residential income use, while the existing mechanical systems and established construction provide a clear basis for evaluating the property’s operating profile.

Key Highlights

  • 2,100‑square‑foot duplex on a 0.048‑acre lot
  • Built in 1930 with a shingle roof
  • Electric heating with heat pump

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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 - Two-unit residential property with electric heating, cooling, and a shingle roof.
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: 2,100‑square‑foot duplex on a 0.048‑acre lot; Built in 1930 with a shingle roof; Electric heating with heat pump
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message