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Duplex Near Downtown Frankfort
New
For Sale
$250,000

144-146 Montgomery Ave, Frankfort, KY 40601

Two-unit residential property with one vacant unit and one month-to-month tenancy on a low-traffic dead-end street.

Property Size1,759 SF
Price / SF$142.13
Days on Market4

Property Features for 144-146 Montgomery Ave

General Information

Standard status Active
Size 1,759 SF
Property subtype Multi-Family

Building Details

Year Built 1998
Listing Agency: Meagan Wireman, Elite Realty
Listed By: The Catalyst Group
Source: Catalystsold
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meagan Wireman, Elite Realty

Investment Insights

Based on property information with market context.

Built in 1998, this duplex contains 1,759 square feet arranged as two separate units. Each residence offers 2 bedrooms and 1 full bath, providing a straightforward configuration for residential income use. One unit is occupied on a month-to-month basis, while the second unit is vacant and available for showings.

The property is located at 144-146 Montgomery Ave in Frankfort, Kentucky, at the end of a dead-end street with minimal traffic and added privacy. The occupied unit requires 48-hour notice and tenant approval for access; the vacant unit can be shown directly.

Key Highlights

  • Two‑unit duplex with 1,759 square feet
  • Each unit includes 2 bedrooms and 1 full bath
  • Built in 1998

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Nail Salon Pharmacy Auto Parts Store Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

943
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with one vacant unit and one month-to-month tenancy on a low-traffic dead-end street.
Where is this duplex located?
The property is located at 144-146 Montgomery Ave Frankfort, KY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,759 square feet; Each unit includes 2 bedrooms and 1 full bath; Built in 1998
More about this property
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