Opportunity Knocks! Whether you're looking for your first investment with a great live-in duplex option or you're a seasoned investor adding to a strong, low-vacancy portfolio, this property is a standout opportunity. Both units are studio-style layouts, offering simple, efficient living spaces that have great appeal. Inside, you'll find luxury vinyl plank flooring throughout. The location also offers on-street parking and easy access to downtown Lexington. Currently renting at $825 per month per unit.
For sale
$225,000
422-424 E 2nd St, Lexington, KY 40508
2beds
1,021sqft
Est.:
Duplex
Built in 1957
-- sqft lot
$218,400 Zestimate®
$220/sqft
$-- HOA
What's special
Studio-style layoutsOn-street parking
- 6 hours |
- 188 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: 14 hours ago
Listed by:
Walker Sabourin 859-533-3687,
The Local Agents,
W Paul Sabourin 859-533-2886,
The Local Agents
Source: Imagine MLS,MLS#: 25507727
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Not Ansi Compliant
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Oven
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Doors: Storm Door(s)
- Windows: Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,021
- Total interior livable area: 1,021 sqft
- Finished area above ground: 1,021
- Finished area below ground: 0
Property
Parking
- Parking features: Other
Features
- Levels: One
- Fencing: Chain Link,Partial,Wood
Lot
- Size: 3,659.04 Square Feet
Details
- Parcel number: 14703000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Park
- Subdivision: Downtown
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $68,100
- Annual tax amount: $870
- Date on market: 12/10/2025
Estimated market value
$218,400
$207,000 - $229,000
$1,049/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $225,000+251.6%$220/sqft |
Source:  Imagine MLS #25507727 Report a problem | ||
| 6/6/2025 | Listing removed | $825$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2025 | Listed for rent | $825+13.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2025 | Listing removed | $725$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/18/2025 | Price change | $725-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $870 | $68,100 |
| 2021 | $870 +6.4% | $68,100 +6.4% |
| 2020 | $818 +42.2% | $64,000 +42.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,370/mo
Principal & interest
$1137
Property taxes
$154
Home insurance
$79
Climate risks
Neighborhood: Central Downtown
Nearby schools
GreatSchools rating
- 8/10Ashland Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Lexington Trad Magnet SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Henry Clay High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Ashland
- Middle: Lexington Trad
- High: Henry Clay
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
