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- Description
- Property Details
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$290,000
Monthly Est:$1,443
3 Beds
- 2 Baths
2 full baths
1,780sqft
607 Louisville Rd, Frankfort, KY 40601
$290,000
$1,443/moEst:
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Duplex
Built in 1972
$-- HOA
1.81 acres lot
$163/sq.ft
Description
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!
- Houzeo last checked: 8 minutes ago
- Listing updated: September 21, 2026 at 4:14 am
- Listing Provided by: Scott C Fryar (859) 576-1692 | Keller Williams Bluegrass Realty (859) 260-1444
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26017352

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1972
HOA Fees
-
Finished Area
1,780 sqft
Lot Size
1.81 acres lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26017352
MLS Status
Active
Days on Market
88
Cumulative Days on Market
72

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Forced Air, Natural Gas
Cooling
Multi Units, Window Unit(s)
Construction
Year Built
Year Built: 1972
Home type
Duplex
Roof
Shingle
Utilities & Energy
Laundry Features
Main Level
Parking Features
Gravel, On Site
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Propane Connected, Sewer Connected, Water Connected
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $290,000 +253.18% $163/sqft |
10/25/2018 Source: | Sold | $82,111 $46/sqft |
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Based on information from the IMAGINE MLS® through Oct 06, 2026, 11:15AM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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