309 Virginia Avenue Frankfort, KY 40601
- Added:
- Mar 12, 2026
- Days on Market:
- 21
- Last Refresh:
- Apr 1 at 2:06 am
Property Features for 309 Virginia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Standard status
- Active
- APN
- 061-43-10-005.00
- Size
- 1,800 SF
- Lot size
- 0.00 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1988
Listing agent M Scott Peace License #240444 (512) 921-2794
Listing office Lifstyl Real Estate 114 Pasadena Drive, Lexington, KY (859) 278-7501
Listing date Mar 12, 2026
MLS# 26004859
Copyright © 2026 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
Turnkey Duplex Investment Opportunity
This turnkey duplex investment property is located on Virginia Avenue in Frankfort. The property features extensive renovations completed in 2021, including new windows, HVAC, roof, water heaters, kitchen cabinets, appliances, fresh paint, and refinished hardwood floors. The property was previously generating $1,695 per month in gross rent. One of the units was recently vacated and is turnkey ready, presenting an opportunity for a house hack or to increase rents. This low-maintenance property offers stable income with market rent potential of $1,800 to $2,000 per month, with additional upside possible through improvements to the basement spaces. The property size is 1,800 square feet and the lot size is 0.0009 acres. This property can also be combined as part of a portfolio purchase with another property on Wallace Avenue in Frankfort.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Franklin
- State
- Kentucky
- Longitude
- -84.865265
- Latitude
- 38.203869
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Renovated duplex in Frankfort with income potential.
Where is this duplex located?
The property is located at 309 Virginia Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Turnkey duplex investment property featuring extensive 2021 renovations including windows, HVAC, roof, water heaters, kitchens, appliances, paint and floors.; Opportunity to increase rents to $1,800-$2,000 per month.; Unit 309 1/2 is vacant and turnkey ready.
