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    357 Wallace Drive Frankfort, KY 40601

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    Claim this Listing
    Pending
    $150,000

    MULTI_FAMILY - Frankfort, KY

    Property size:
    1,500 SF
    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

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    Listing Contact
    M Scott Peace
    M Scott Peace

    Listing agent M Scott Peace License #240444

    Listing office Lifstyl Real Estate 114 Pasadena Drive, Lexington, KY

    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

    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.
    More about this property
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