421 E  2nd St #B, Lexington, KY 40508
Property image
Property image
OFF MARKET
  • 2 Beds
  • 2 Baths
  • 1,136 sqft

421 E 2nd St #B, Lexington, KY 40508

Central Downtown

Home Highlights

Apartment
1,136 sqft

Local Information

  • Map ViewExplore the area around 421 E 2nd St #B.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Modern 2BR / 2BA Duplex Unit B | Prime Downtown Lexington Location

Discover modern living in the heart of Lexington at 421 E 2nd Street, Unit B a beautifully designed 2-bedroom, 2-bathroom first-floor unit located in a newly built (2023) duplex. Enjoy a clean, open layout and the convenience of being minutes from everything downtown has to offer.

Property Highlights:
- Spacious 2 bedrooms and 2 full bathrooms
- Open-concept living area with modern kitchen and high-end finishes
- New appliances, in-unit washer/dryer, and energy-efficient design
- Neutral tones and durable flooring for a sleek, low-maintenance feel
- Street-level entry with easy access

Prime Location:
- 2 minutes to Transylvania University
- 7 minutes to the University of Kentucky campus
- Walking distance to restaurants, coffee shops, and downtown nightlife
- Quick access to Newtown Pike, Main Street, and major Lexington employers

Availability & Lease Details:
- Available for move-in starting August
- Tenant responsible for water, electric, and trash
- Certain pets allowed contact for details and approval
- No smoking or drug use permitted on the property
421 E 2nd St #B, Lexington, KY 40508 is a 2 bedroom, 2 bathroom, 1,136 sqft apartment in Central Downtown. More recently, it was listed as a rental in November 2024 with an asking price of $1,450 per month. That rental listing was removed on February 2, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,941/month.

Home Details for 421 E 2nd St #B

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 421 E 2nd St #B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.73
Apartment
$315,000
03/24/26
1
2
1,008 sqft
0.75
Apartment
$590,000
01/07/26
2
1
1,000 sqft
1.00
Apartment
$313,000
03/23/26
2
2
990 sqft
0.53
Apartment
$305,000
02/01/26
1
1
-
2.36
Apartment
$249,000
08/14/26
2
2
1,072 sqft
2.08
Apartment
$140,000
11/20/25
5
5
-
4.01
Apartment
$193,000
03/25/26
2
1.5
1,080 sqft
3.64
Apartment
$80,000
08/07/26
1
1
660 sqft
3.98
Apartment
$287,500
12/29/25
2
1
840 sqft
4.84
Apartment
$520,118
07/29/26
4
3
2,653 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Central Downtown

Last updated Sep 2026
Trulia Rent Estimate$1,941/mo
Average rent
$1.54K
$153
MoM
Available listings
48
View rental market trends in Lexington, KY

Around this home

Neighborhood Overview

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. "
  • 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. "
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
  • 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. "
  • 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. "
  • 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."
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Feb 2, 2025
Source: Imagine MLS #24023716
ListingRemoved
$1,450
Nov 11, 2024
Source: Imagine MLS #24023716
Listed For Rent
$1,450

Frequently asked questions about 421 E 2nd St #B

  • 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.
  • What do residents say about the Central Downtown neighborhood?
    Residents describe the Central Downtown neighborhood in Lexington, KY as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Central Downtown, Lexington.
  • What are the closest schools to 421 E 2nd St #B?
    The closest schools to 421 E 2nd St #B in Lexington, KY are Ashland Elementary School (rated 9/10), Henry Clay High School (rated 7/10), Lexington Middle School (rated 5/10).
  • Does 421 E 2nd St #B have air conditioning?
    Yes, 421 E 2nd St #B in Lexington, KY has air conditioning.
  • Does 421 E 2nd St #B have laundry facilities?
    Yes, 421 E 2nd St #B in Lexington, KY has in-unit laundry.

Homes for rent near 421 E 2nd St #B

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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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