143-145 Wallace Ave, Frankfort, KY 40601

$130,000
4
BD
2
BA
1,568
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$130,000
List Price
$135,000
Closing Date
May 29, 2026
MLS#
26008717
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,568
Lot Size
4,576

Property Description

Don't miss your chance to own this income-producing duplex in the heart of downtown Frankfort! Each unit features 2 bedrooms and 1 full bathroom, offering comfortable living spaces for tenants. Both sides are currently occupied, generating immediate rental income of $710/month (143 Wallace) and $695/month (145 Wallace). Tenants in both units pay all utilities and are responsible for lawn care/mowing. Lease details are as follows: 143 Wallace lease ends 11/30/2026, and 145 Wallace lease ends 3/31/2027. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers excellent potential and convenience to local shops, dining, and amenities. Duplex is tenant-occupied—48-hour notice required for all showings. Schedule your showing today!

Additional Information

Roof
Composition
High School
Frankfort
Subdivision
Downtown

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Home Forward. Selling Office: .