342 E 2nd St, Lexington, KY 40508
Property image
Property image
OFF MARKET

$192,700

Trulia Estimate
as of Aug 28, 2026
  • 3 Beds
  • 1 Bath
  • 1,032 sqft
  • 3 Beds
  • 1 Bath
  • 1,032 sqft

342 E 2nd St, Lexington, KY 40508

Central Downtown

Home Highlights

Property Type
Single-Family Home
Living Area
1,032 sqft
Price/Sqft
$187

Local Information

  • Map ViewExplore the area around 342 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Adorable 3 bedroom, 1 bathroom home near the Eastside area. Hardwood and vinyl floors throughout the house. Just a few blocks from Charles Young Park, DV8 Kitchen, Martine's Pastries, and CycleYou Fitness. Enjoy the comfort of a house while being just a short walk from Downtown Lexington.

This is a NO SMOKING home. Smoking is not permitted inside the house, garage, or any other structure that is considered a part of the property.

Type: Single Family

Security Deposit: One Month's Rent

Administrative Fees: A non-refundable application fee is charged per applicant. A $100 Move in Admin Fee is charged with a signed lease.

Appliances: Range, Refrigerator.

Laundry: Hookups are provided in the unit, residents are responsible for supplying washer/dryer.

Heat: Gas

Basement: No

Utilities: Residents are responsible to pay all utilities: Gas, Electric, Water, Sewer, and Garbage.

Pets and policy: One small pet will be considered on a case by case basis. Non-refundable pet fee. Any damage caused by pets will be taken out of the residents security deposit.

Fenced Yard: No

Mowing: residents are responsible for all yard maintenance, including mowing.

Schools: Please confirm all school districts with your local school board.

Parking: Off street parking
342 E 2nd St, Lexington, KY 40508 is a 3 bedroom, 1 bathroom, 1,032 sqft single-family home in Central Downtown. It last sold for $40,000 on Feb 20, 2015 (3,100% above the $1,250 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $1,250 per month. That rental listing was removed on May 2, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $192,700, with a rent estimate of $1,459/month.

Home Details for 342 E 2nd St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Comparable Sales for 342 E 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
413 E 4th St, Lexington, KY
0.27
Single-Family Home
$65,000
06/10/26
2
1
1,128 sqft
134 Deweese St, Lexington, KY
0.15
Single-Family Home
$280,000
07/20/26
3
1
1,145 sqft
443 Chestnut St, Lexington, KY
0.33
Single-Family Home
$109,900
05/27/26
3
1
1,144 sqft
336 Ohio St, Lexington, KY
0.17
Single-Family Home
$159,990
02/27/26
2
1
1,100 sqft
443 Ohio St, Lexington, KY
0.34
Single-Family Home
$151,000
03/20/26
2
1
1,063 sqft
449 Ohio St, Lexington, KY
0.35
Single-Family Home
$138,000
11/14/25
3
1
1,694 sqft
325 Wilson St, Lexington, KY
0.08
Single-Family Home
$160,000
09/18/25
2
2
800 sqft
341 N Limestone, Lexington, KY
0.43
Single-Family Home
$204,000
03/02/26
3
1
1,133 sqft
331 Wilgus Ave, Lexington, KY
0.20
Single-Family Home
$242,500
05/08/26
3
1.5
1,260 sqft
554 Chestnut St, Lexington, KY
0.51
Single-Family Home
$178,000
07/17/26
3
1
1,251 sqft

Nearby homes

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Around this home

Neighborhood Overview

Central Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Downtown

At least 30 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 79 % Say parking is easy

  • 79 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 72 % Say car is needed

  • 65 % Say people would walk alone at night

  • 63 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 51 % Say yards are well-kept

  • 50 % Say it's quiet

  • 50 % Say kids play outside

  • 46 % Say there are community events

  • 36 % Say it's walkable to grocery stores

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there's lots of other dogs in the neighborhood and friendly neighbors as well. it's an overall great neighborhood to live in with a lot of kind people. "
    0
    Flag
  • Trulia User
    "We have a 4th of July block party every year, Main Street is close off in front of our homes the fireworks are right across the street. "
    1
    Flag
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
    1
    Flag
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
    4
    Flag
  • Clara W.
    "It’s right next to the park, which is great for walking and playing with your dogs. However, some houses in these areas do not have backyards, so it is difficult if you have a dog constantly needing access to the outdoors or accustomed to a backyard. "
    5
    Flag
  • Laura W.
    "The commute is okay. I work in Nicholasville so we head out on Tate’s Creek in the morning and it’s not too bad. The stop lights are pretty annoying. "
    0
    Flag
  • karenw
    "I’ve lived in this neighborhood for 11 years. Neighbors are friendly, good people. I walk to neighborhood and downtown events, restaurants, coffee shops, theaters. I love living in downtown area."
    18
    Flag
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
    1
    Flag
  • Beth C.
    "Must leash and walk quite a way to allow dogs to potty. Small yards some not fenced. Historical neighborhood which means people are pickier."
    2
    Flag
  • Angieclift
    "W. Second St. Lexington, Ky is a great downtown area to walk or just enjoy yourself at a nearby restaurant, pub, brewery or distillery. W. Second street is conveniently located within short walking distance to Gratz park, the home of Mary Todd Lincoln or Triangle park. Do a little shopping at Festival Market, Victorian Square or a wine shop. Watch the Kentucky Wildcats play at Rupp Arena. Thursday, Friday and Saturdays are usually the busiest times of the week for this area. Very close to public and highly rated private schools in a matter of just a few minutes walking. Bus stops located on the same street. Excellent historical part of Lexington, Ky to hang out and enjoy yourself."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
May 2, 2025
Source: Zillow Rentals
ListingRemoved
$1,250
Mar 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,250
Mar 29, 2024
Source: Zillow Rentals
ListingRemoved
Mar 28, 2024
Source: Zillow Rentals
Listed For Rent
$1,150
Mar 20, 2024
Source: Zillow Rentals
ListingRemoved

Frequently asked questions about 342 E 2nd St

  • What is 342 E 2nd St estimated to be worth?
    Trulia's estimated value for 342 E 2nd St in Lexington, KY is $192,700.
  • What is the price history for 342 E 2nd St?
    342 E 2nd St in Lexington, KY last sold for $40,000 in February 2015.
  • Is Lexington a buyer's or seller's market?
    Lexington is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lexington?
    The median sale price in Lexington is $336K. That is up $4.83K from the prior month.

Homes for rent near 342 E 2nd St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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