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Large Duplex with Covered Parking
For Sale
$289,500

342 Frankfort Rd, Shelbyville, KY 40065

Two separately metered residences offer updated kitchens, basement storage, and dedicated covered parking.

Property Size3,872 SF
Price / SF$74.77
Days on Market41

Property Features for 342 Frankfort Rd

General Information

Standard status Active
Size 3,872 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

on-site laundry

Building Details

Year Built 999
Buildings 1
Listing Agency: Abbot Realty & Auction
Listed By: Teresa K Barnes · License #214916
Source: Familyrealty
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 8:34PM

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 Abbot Realty & Auction

Investment Insights

Based on property information with market context.

This 3,872-square-foot duplex contains two independent residences. The first-floor unit offers three bedrooms, a living room, dining area, full bathroom, and updated kitchen. Upstairs, the second unit includes two bedrooms, a living room, dining area, full bathroom, and updated kitchen. Hardwood flooring extends through the main living areas, and appliances convey with the property.

Both residences have separate water, electric, and gas meters. Each unit also has one covered parking space. The basement provides separate washer and dryer areas along with additional storage. Both tenants are on month-to-month terms. Located at 342 Frankfort Rd in Shelbyville, Kentucky.

Key Highlights

  • 3,872 SF duplex with 3‑bedroom and 2‑bedroom units
  • Two updated kitchens with appliances conveying
  • Separate water, electric, and gas meters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Grocery & Convenience Store Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

404
Businesses Nearby

Demographics for 40065, KY

32,729
Population
12,943
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
167.5 sq mi
ZIP Area
195
Density / Sq Mi
$76,813
Median Household Income
$40,767
Median Earnings
$1,002
Median Rent
$254,200
Median Home Value

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 - Two separately metered residences offer updated kitchens, basement storage, and dedicated covered parking.
Where is this duplex located?
The property is located at 342 Frankfort Rd Shelbyville, KY.
What is the asking price?
The asking price for this property is $289,500.
What are key features of this property?
This property features: 3,872 SF duplex with 3‑bedroom and 2‑bedroom units; Two updated kitchens with appliances conveying; Separate water, electric, and gas meters for each unit
More about this property
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