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413-415 Hudson St, Frankfort, KY, 40601

2beds
1baths
1sqft
$106,000
$106,000price/sqft
$811/moest. monthly cost
$32,440/yrincome needed

About This Home

Great investment opportunity with strong income potential. Duplex property featuring two units, each offering 2 bedrooms and 1 full bath, with approximately 1,650 total square feet (~825 sq ft per unit). Additional vacant lot provides potential for off-street parking, outdoor space, or future expansion (buyer to verify). Property is being sold as-is and will not qualify for most financing due to condition. One unit requires significant repairs/rehab. Ideal for cash or conventional rehab financing. Pictures coming soon. Excellent opportunity for investors or contractors looking to add value.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

5/10
Second Street SchoolGrades K-81.1 mi
6/10
Frankfort High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1984

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Other

Interior Area

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

Property

Details

  • Parcel number: 0742102013.00
  • Attached to another structure: Yes

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Cold Wave
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $535$6,420
Home Insurance *$58$696
Property Taxes $64$768
Electricity $154$1,850
Total$811$9,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,805/yr
40% on housing$24,330/yr
45% on housing$21,626/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$106,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 40601$141
Franklin County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 40601$153
Franklin County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Listed for sale$106,000

For Sale by Agent

AgentCatherine F Thomas
BrokerageExit Realty Crutcher Frankfort

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