357 Wallace Drive Frankfort, KY 40601
- Added:
- Feb 25, 2026
- Days on Market:
- 67
- Last Refresh:
- May 3 at 7:06 am
Property Features for 357 Wallace Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
- Parking
- 4
- Standard status
- Pending
- APN
- 061-43-13-003.00
- Size
- 1,500 SF
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1988
- Roof type
- Shingle
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 Feb 25, 2026
MLS# 26004860
Listing URL
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
Frankfort Duplex: Investment Opportunity
This multifamily property in Frankfort, Kentucky, presents an investment opportunity with an existing cash flow. The duplex, located at 357 Wallace Drive, features a total of 4 bedrooms and 2 bathrooms, with each side containing 2 bedrooms and 1 bathroom. The property is currently rented for a total of $1,520 per month, with leases extending through September and October 2026. Recent updates have been made to the 1,500 square foot property, which also includes a large yard. Each unit has separate utility meters, and all utilities are paid by the tenants.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Frankfort
- County
- Franklin
- State
- Kentucky
- Longitude
- -84.863864
- Latitude
- 38.203784
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Cash-flowing duplex in Frankfort, KY with long-term tenants.
Where is this duplex located?
The property is located at 357 Wallace Drive Frankfort, KY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Currently rented for $1,520 per month with leases in place through September and October 2026, providing immediate cash flow.; Duplex property with two 2‑bedroom, 1‑bath units, offering investment potential.; All utilities are separately metered and paid by the tenants, reducing landlord expenses.
