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272 Douglas Avenue, Versailles, KY 40383

Versailles
Local realty services provided by:CENTURY 21 Virginia Wilder Real Estate
272 Douglas Avenue,Versailles, KY 40383
$190,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: the prather team - michael prather
Office: keller williams bluegrass realty
MLS#:25505421
Source:KY_LBAR

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Price summary

  • Price:$190,000

About this home

Investor-Ready Triplex: Immediate Cashflow Opportunity in Downtown Versailles! A rare and profitable investment awaits in the heart of charming Downtown Versailles. This triplex is 100% occupied, offering the discerning investor immediate, stabilized cashflow from day one—no leasing costs or vacancy risk. Tenants benefit from a prime, highly walkable location, granting instant access to all of Downtown's unique amenities, dining, and shopping. Exceptional connectivity is ensured with the proximity to the Versailles Bypass, providing seamless travel via Frankfort Road and Lexington Road. Crucially, the rental rates have not been adjusted since the current owner purchased property, presenting a clear and immediate value-add opportunity for the next owner to maximize returns to current market standards. All leases are on month-to-month tenancy; $850/mo per unit are believed are the current market rents for the unit. A refined asset in a desirable, historic locale.

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Home facts

  • Year built:1960
  • Listing ID #:25505421
  • Added:133 day(s) ago
  • Updated:March 27, 2026 at 06:20 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Electric, Natural Gas

Structure and exterior

  • Year built:1960

Schools

  • High school:Woodford Co
  • Middle school:Woodford Co
  • Elementary school:Southside

Finances and disclosures

  • Price:$190,000

Features and amenities

  • Laundry features:Electric Dryer Hookup, Main Level
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