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Two-Unit Duplex
For Sale
$220,000

144-146 Montgomery Avenue, Frankfort, KY 40601

Residential Income, Frankfort, KY

Property Size1,759 SF
Lot Size0.28 Acres
Price / SF$125.07
Days on Market54

Property Features for 144-146 Montgomery Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Subdivision Downtown
Elementary school Second St
Middle school Second St Middle
High school Frankfort
Elementary school district Franklin County - 14
Middle school district Franklin County - 14
High school district Franklin County - 14
Directions Holmes St to Hoge Ave to Montgomery Ave.
Standard status Active
APN 0614301006.00
Size 1,759 SF
Lot size 0.28 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1998
Floors in Building 2
Number of units 2
Listing Agency: LPT Realty
Listed By: Vanessa Vale Team - Vanessa Vale Womack · License #267167
Added: Aug 21 Changed: Oct 12 Last Checked: Oct 13 at 6:06PM
MLS# 26023171

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.

Investment Insights

Based on property information with market context.

This 1998 duplex contains two residences, each configured with two bedrooms and one full bathroom. The building totals 1,759 square feet and sits on a 0.28-acre parcel. Heating is electric, and central air conditioning serves the property.

The site is at the end of a dead-end street in Frankfort, Kentucky. One residence is leased month-to-month; the other has been rented, and applications are being processed for a prospective occupant. Showings require 48 hours’ notice and tenant approval.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bathroom
  • 1,759‑square‑foot building on a 0.28‑acre lot
  • Built in 1998

Property Analytics

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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.

Lease Details

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Both residences offer two bedrooms and one full bathroom, with central air conditioning and electric heat.
Where is this duplex located?
The property is located at 144-146 Montgomery Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,759‑square‑foot building on a 0.28‑acre lot; Built in 1998
More about this property
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