About This Home
This 3-bedroom, 2-bathroom residential multi family at 607 Louisville Road in Frankfort, KY is listed for $290,000 ($163 per sqft). Built in 1972, the home offers 1,780 sqft of living space on a 1.81 acres lot.
Key Features
- Built in 1972
- 1.81 acre lot
- 5 parking spaces
Property Details
Amenities
Exceptional opportunity to own a highly visible property along Louisville Road (US-60) featuring an existing income-producing duplex situated on approximately 1.8+/- acres of Planned Commercial (PC) zoned land. Whether you're looking for a long-term investment, redevelopment opportunity, or commercial site with interim rental income, this property offers outstanding flexibility in one of Frankfort's most strategically located corridors.
Highlights include: Existing duplex providing immediate income potential | Approximately 1.8+/- acres with strong frontage and visibility | Planned Commercial (PC) zoning supporting a variety of future commercial uses (subject to local approvals) | Convenient access to Downtown Frankfort, the Kentucky Capitol Complex, medical offices, and major emp
loyment centers | Adjacent to Frankfort Plant Board utility infrastructure and located near established professional and institutional uses | A recent MAI commercial appraisal concluded an "As-Is" Market Value of $290,000, recognizing the property's long-term redevelopment potential while noting the existing improvements serve as an interim use.
Ideal for: Commercial developers, Medical or professional office users, Investors seeking land appreciation, Mixed-use or commercial redevelopment opportunities, Buy-and-hold investors looking for future upside. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and significant long-term potential. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!
Monthly Cost Estimate
$1,551/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
607 Louisville Road
Frankfort, KY 40601
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 607 Louisville Road is listed at $290,000 ($163/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 1.81 acre lot, 5 parking spaces.
This property is listed by Scott C Fryar and can be reached at 8595761692.