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270 Sherman Avenue, 
Lexington, KY 40502

$445,000

6

Beds

2

Baths

2,160

Sq Ft

Multi-Family

Active

Listed by

Tyler I Back

The Brokerage

859-983-7365

Last updated:

September 5, 2026, 03:18 PM

MLS#

26024385

Source:

KY LBAR

About This Home

270 Sherman Avenue

Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1920

Subdivision & Development:

Kenwick

Price Summary

445,000

$206 per Sq. Ft.

MLS #:

26024385

Last Updated:

September 5, 2026, 03:18 PM

Added:

1 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,160 Sq. Ft.

Structure

Structure

Building Area:

2,160 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$445,000

Price per Sq. Ft:

$206 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.