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    272 Douglas Ave Versailles, KY 40383

    For Sale
    $200,000

    MULTI_FAMILY - Versailles, KY

    Property size:
    2,472 SF
    Lot size:
    0.03 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 272 Douglas Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Laundry Room, Bedroom 1, Bedroom 2
    Bedrooms
    3
    Bathrooms
    3
    APN
    30-5015-013-00
    Parking
    3
    Size
    2,472 SF
    Lot size
    0.03 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Baseboard, Electric (Heating), Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1960
    Floors in Building
    2
    Roof type
    Shingle

    Keller Williams Bluegrass Realty (859) 260-1444 [email protected]

    Listing agent The Prather Team - Michael Prather (859) 379-8285

    Listing date Nov 13, 2025

    MLS# 25505421 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versailles Triplex: Cashflow Opportunity

    This triplex is located in Downtown Versailles and is fully occupied, providing immediate cashflow. The property's location offers access to downtown amenities, dining, and shopping. The Versailles Bypass is nearby, providing connectivity via Frankfort Road and Lexington Road. The rental rates have not been adjusted since the current owner purchased the property, presenting an opportunity to maximize returns. All leases are month-to-month. The property size is 2472 square feet and the lot size is 0.0275 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Versailles
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.725807
    Latitude
    38.055163

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    FAQs

    What type of property is this?
    Triplex - Investor-ready triplex in Downtown Versailles with immediate cashflow.
    Where is this triplex located?
    The property is located at 272 Douglas Ave Versailles, KY.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Immediate, **stabilized cashflow from 100% occupancy**, eliminating leasing costs and vacancy risk.; - Prime, **highly walkable Downtown Versailles location** with instant access to amenities, dining, and shopping.; - Clear value-add opportunity to increase rental rates to current market standards.
    (859) 379-8285
    Request Owner's contact information
    272 Douglas Ave Versailles, KY 40383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    272 Douglas Ave Versailles, KY 40383
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