Listing provided courtesy of The Brokerage- MLS# 26010184MLS Provider

270 Sherman AvenueLexington, KY 40502

Multi-Family · 6 Beds · 2 Full Baths · 2,160 Sq. ft. | 0.16 Acres
$484,500 Active

270 Sherman Avenue Overview

Time on Site:
53 days
Visits:
1

Amazing opportunity Investors!!! This well maintained duplex in the desirable Kenwick neighborhood is ready for an new investor to add it to their portfolio. Each unit has 3 bedrooms and 1 full bathroom. Upstairs and downstairs units. Both units are currently occupied with leases in place. Unit 1 (downstairs), is in a lease for $1500 per month which ends 2/28/2027. Unit 2 (upstairs), is in a lease for $1580 per month which ends 1/31/2027. Tenant pays all utilities. Plenty of parking in the back for all tenants. Please give 48 hour notice for showings and may only be able to get into one unit at a time. Set up your showing today!

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270 Sherman Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,160
  • Price/Sq.ft. $224
  • Lot 0.16 Acres

Details

General

School Information

  • Elementary School: Ashland
  • Middle Or Junior School: Morton
  • High School: Henry Clay

Building Information

  • Year Built: 1920

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 002 - Fayette County NE
  • MLS Area Minor: 002 - Fayette County NE
  • Subdivision Name: Kenwick

General Information

  • Parcel Number: 45407700
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2160.0

General Information

  • Laundry Features: Washer Hookup
  • Living Area: 2160.0
  • Living Area Source: Public Records

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 6.0

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Roof: Shingle
  • Structure Type: Duplex

General Information

  • Number Of Units Total: 2

270 Sherman Avenue Neighborhood

Community

40502 (Lexington) Demographics

37
Median Age
3,660
Population Density (per sq. mile)
71%
College Educated
$67,449
Estimated Median Income
7,623
Estimated Total Home Owners
5,140
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

270 Sherman Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

270 Sherman Avenue Market Data

Based on the last 30 days in this zip code

$882,057
Average List Price
$283
Average Price per Square Foot
32
Properties Sold
66
Average Days on Market
107
Properties for Sale
Calculations provided by Reliance Network

270 Sherman Avenue History

Date Event Value Agent
5/7/2026Source: Imagine MLS/Bluegrass Added to Database
May 07, 2026
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025
8/12/2025Source: Imagine MLS/Bluegrass Added to Database
August 12, 2025