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607 Louisville Rd, Frankfort, KY, 40601

3beds
2baths
1,780sqft
$290,000
$163price/sqft
$1,957/moest. monthly cost
$78,280/yrincome needed

About This Home

An exceptional opportunity to own a highly visible property along Louisville Road (US-60) featuring an existing income-producing duplex situated on approximately 1.8 acres of Planned Commercial (PC) zoned land. Whether you're looking for a long-term investment, redevelopment opportunity, or commercial site with interim rental income, this property offers outstanding flexibility in one of Frankfort's most strategically located corridors. A recent MAI commercial appraisal concluded an "As-Is" Market Value of $290,000, recognizing the property's long-term redevelopment potential while noting the existing improvements serve as an interim use. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and long-term potential! Highlights include: Existing duplex providing immediate income potential | Approximately 1.8 acres with strong frontage and visibility | Planned Commercial (PC) zoning supporting a variety of future commercial uses (subject to local approvals) | Convenient access to Downtown Frankfort, the Kentucky Capitol Complex, medical offices, and major employment centers | Adjacent to Frankfort Plant Board utility infrastructure and located near established professional and institutional uses | Ideal for: Commercial developers, Medical or professional office users, Investors seeking land appreciation, Mixed-use or commercial redevelopment opportunities, Buy-and-hold investors looking for future upside. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

7/10
4/10
Bondurant Middle SchoolGrades 6-81.9 mi
8/10
Western Hills High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Main Level,Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Multi Units,Window Unit(s)

Interior Area

  • Total structure area: 1,780
  • Total interior livable area: 1,780 sqft

Property

Details

  • Parcel number: 0622017001.00
  • Attached to another structure: Yes
  • Zoning: C
  • Zoning description: Commercial
  • Special condition: Standard

Lot

  • Lot size: 1.81 Acres

Parking

  • Total spaces: 5
  • Parking features: Gravel,On Site