308 East 7th Street Lexington, KY 40508

Other Residential MLS #: 25004340 Courtesy Of Bluegrass Property Exchange, Inc.

$169,900

2 beds | 2 baths | 900 sq ft
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Estimated monthly payments: $743/mo.* (recalculate)

Property InformationDescription

This turnkey duplex is a fantastic investment opportunity near the heart of Downtown Lexington. With one unit occupied and one vacant, investors have the flexibility to start earning rental income immediately while setting their own terms for the second unit. Whether you're looking to house-hack or maximize rental potential, this property is ready to generate returns. Located in a redeveloping area, tenants will appreciate the convenience of being close to parks, schools, restaurants, and shopping. This prime location ensures strong occupancy rates and long-term appreciation potential, making it an ideal addition to your real estate portfolio. With the potential to bring in $1,700+ per month in rental income, this duplex is a solid cash-flowing investment. Don't miss out on this opportunity seller is a licensed KY real estate agent. Schedule a showing today! Selling AS-IS, but inspections welcomed.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Heating System: Forced Air
  • Lot Size: 0.06 Acres

MAP & DIRECTIONS

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308 East 7th Street, Lexington, KY 40508
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School Information

308 East 7th Street, Lexington, KY 40508

Elementary School
Grades PK-5 | Public School
WILLIAM WELLS BROWN ELEMENTARY SCHOOL
Lexington, KY 40508
555 E Fifth St
859.­381.4990
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
9:1
Total Students
253
Middle School
Grades 6-8 | Public School
LEXINGTON TRADITIONAL MAGNET SCHOOL
Lexington, KY 40508
350 N Limestone
859.­381.3192
Distance: 0.6 mi
School Rating
D-
Student:Teacher Ratio
10:1
Total Students
339
High School
Grades 9-12 | Public School
FREDERICK DOUGLASS HIGH SCHOOL
Lexington, KY 40505
2000 Winchester Rd
859.­381.3780
Distance: 2.6 mi
School Rating
B
Student:Teacher Ratio
18:1
Total Students
1538
Other Nearby Schools Distance Type Grades School Rating
Steam Academy 0.3 mi Public 9-12 A-
Arlington Elementary School 0.5 mi Public PK-5 D-
Sayre School 0.8 mi Private PK-12
Ashland Elementary School 1.0 mi Public KG-5 B+
Good Shepherd Day School 1.0 mi Private PK-TKG
Fcps Virtual Academy 1.0 mi Public KG-12
Sts. Peter & Paul Regional Catholic School 1.0 mi Private PK-8
Harrison Elementary School 1.1 mi Public PK-5 D+
Homebound Elementary School 1.1 mi Public PK-5
Homebound Secondary School 1.1 mi Public 6-12
Bluegrass Montessori School 1.2 mi Private PK-KG
Northern Elementary School 1.3 mi Public PK-5 C-
Maxwell Spanish Immersion Elementary School 1.3 mi Public KG-5 B+
Kell Academy 1.3 mi Private PK-TKG
Lexington Hearing & Speech Center 1.5 mi Private PK-TKG
Yates Elementary School 1.5 mi Public PK-5 C-
Booker T. Washington Elementary School 1.6 mi Public PK-5 D
Bryan Station High School 1.7 mi Public 9-12 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lexington, KY 40508

Median Age: 30.1
Married: 16%
Number of Households: 9,030
Households with Children: 13%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.