About This Home

This 3-bedroom, 2-bathroom 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

1 story
2 full
5 spaces
1972

Amenities

A/C
Listing Description

Commercial potential meets current investment opportunity along Frankfort's Louisville Road corridor! Situated on approximately 1.81 acres with Planned Commercial (PC) zoning, 607-609 Louisville Road offers an opportunity for investors, entrepreneurs and developers seeking a well-positioned property near downtown Frankfort, the Capitol Complex and established commercial and professional offices.

The existing duplex provides immediate rental income potential while a future owner can evaluate redevelopment possibilities. A 2026 MAI commercial appraisal valued the property at $290,000 as-is, while identifying redevelopment as its highest and best use.

Potential commercial or professional uses are subject to zoning, site feasibility and required approvals. Offered at $290,000, with the seller willing to consider reasonable closing-cost concessions or negotiated terms with a satisfactory offer. Explore the possibilities of owning commercially zoned acreage in Kentucky's capital city!

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

607 Louisville Road

Frankfort, KY 40601

Property Details

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)Multi Units

Questions & Answers

This 3-bedroom, 2-bathroom 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.

SF

Scott C Fryar

Agent at Keller Williams Bluegrass Realty

Listed by Keller Williams Bluegrass Realty · Broker phone: (859) 260-1444 · View on Broker Site · Broker website

MLS# 26017352· Source: ImagineMLS· 114 days on PropertySimple

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607 Louisville Road, Frankfort, KY 40601

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