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309 Virginia Avenue, Frankfort, KY 40601

Frankfort
Local realty services provided by:CENTURY 21 Simpson & Associates
309 Virginia Avenue,Frankfort, KY 40601
$175,000
  • 4 Beds
  • 2 Baths
  • 1,800 sq. ft.
  • Multi-family
  • Pending
Listed by: m scott peace
Office: lifstyl real estate
MLS#:26004859
Source:KY_LBAR

Price summary

  • Price:$175,000
  • Price per sq. ft.:$97.22

About this home

Turnkey duplex investment at 309 Virginia Ave in Frankfort featuring extensive 2021 renovations, including new windows, HVAC, roof, water heaters, kitchen cabinets, appliances, fresh paint, and refinished hardwood floors. The property was generating $1,695 per month in gross rent, and unit 309½ was recently vacated and is turnkey ready, making it ideal for a house hack or an opportunity to increase rents. This low-maintenance property offers stable income with market rent potential of $1,800-$2,000 per month ($900-$1,000 per unit), with additional upside if the basement spaces are improved. This property can also be combined as part of a portfolio purchase with 357 Wallace Ave in Frankfort.

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Home facts

  • Year built:1988
  • Listing ID #:26004859
  • Added:24 day(s) ago
  • Updated:April 06, 2026 at 04:46 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1988
  • Building area:1,800 sq. ft.

Schools

  • High school:Frankfort
  • Middle school:Second St Middle
  • Elementary school:Second St

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$97.22
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