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Backup Offers

346 E 2nd St, Lexington, KY, 40508

$160,000

Home List Price

$1,900*

Closing Credit

2 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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346 E 2nd St, Lexington$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1959
HeatingNatural Gas
CoolingWindow Unit(s)
MLS #24004578
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Contingent)

About 346 E 2nd St

Attention Investors! Great investment opportunity in downtown Lexington. If you're looking to build your rental portfolio, this one is for you! This duplex is fully occupied, offering living room, kitchen, 1 bedroom and 1 bathroom on each side. Unit #1 has been updated with newer flooring and kitchen in 2021 and new roof in 2023. This property is being sold as-is with inspections welcome.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Concrete, Vinyl
  • Interior: Bedroom First Floor, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Lexington Trad Magnet School, Public Magnet Grades 6-8
  • William Wells Brown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Midland Ave, right onto E 2nd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$310.6K

Med. Price/SqFt

$148

Avg. Days On Market

24

# of Sold Homes

241

346 E 2nd St vs Lexington

46 DAYS ON ROCKET

+22 Days

$160,000

-$150.6K Less

KEY TAKEAWAY

This property is $150.6K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24004578

Listing Office:

  • Office Name: Guide Realty, Inc.
  • Office Phone: (859) 263-0305

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2284394
3
/10
  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2284395
3
/10
  • Lexington Trad Magnet School

  • 350 N Limestone

  • 0.38 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2284396
7
/10
  • Lafayette High School

  • 401 Reed Ln

  • 2.82 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,609. The most common annual income of people living in Lexington, KY is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 346 E 2nd St

What is the listing price of this property?

The listing price of 346 E 2nd St property is $160,000.

What type of property is this?

The property 346 E 2nd St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Accepting Backup Offers: 346 E 2nd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 346 E 2nd St are:
William Wells Brown Elementary School: GreatSchools Rating 3/10
Lexington Trad Magnet School: GreatSchools Rating 3/10
Lafayette High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 346 E 2nd St has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 346 E 2nd St is 1959.

Rocket HomesKentuckyFayette CountyLexington40508346 E 2nd St

This home is located at 346 E 2nd St in Lexington, KY and zip code 40508 in the District 1 neighborhood. This home, which was built in 1959, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $160,000.

While more than 73 listings in Lexington, KY in March 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 102 were sold below. Between February 2024 and March 2024, Lexington, KY real estate market has seen increase in the number of listings by 11.4%. The median list price of listings available in March 2024 was $310,646, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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