Search
Two-Unit Duplex Property
For Sale
$230,000

144-146 Montgomery Avenue, Frankfort, KY 40601

Residential Income, Frankfort, KY

Property Size1,759 SF
Lot Size0.28 Acres
Price / SF$130.76
Days on Market43

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 Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
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: Sep 22 Last Checked: Oct 2 at 6:06AM
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.

Built in 1998, this 1,759-square-foot duplex contains two separate residential units, each arranged with 2 bedrooms and 1 full bathroom. The property includes central air conditioning and electric heating, with both sides currently occupied under differing lease arrangements.

Set on 0.28 acres at the end of a dead-end street in Frankfort, the property offers a quieter setting with limited passing traffic. Tenant access requires 48-hour notice and tenant approval.

Key Highlights

  • Two‑unit duplex with 1,759 square feet of building area
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Built in 1998 on a 0.28‑acre lot

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with separate two-bedroom layouts, central air, and electric heat on a low-traffic dead-end street.
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 $230,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,759 square feet of building area; Each unit includes 2 bedrooms and 1 full bathroom; Built in 1998 on a 0.28‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again