16 days on rocket

316-318 Coleman Ave, Frankfort, KY, 40601

$203,000

Home List Price

$2,411*

Closing Credit

4 Bedrooms
0 Baths
Multi
Schools Nearby

Location

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316-318 Coleman Ave, Frankfort$203,000

Buyer Closing Credits

$2,411*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year Built9999
MLS #24008225
Lot Size0.14 Acres
StatusActive

About 316-318 Coleman Ave

Turn-key investment ready for new owners. Each unit has 2 bedrooms and 1 bathroom. Inside you'll find that kitchens and bathrooms have been recently remodeled including a tile backsplash and new cabinets. Bathrooms have also been remodeled and have tile showers and new fixtures. The entire property has been well maintained by the current owners. Hardwood and tile can be found throughout. There is an unfinished basement with lots of potential to be finished, adding more square footage and increasing rental values. Duplexes like this are hard to find. Don't miss your chance to build your rental portfolio, or live in one side and rent the other!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: Marshall Lane Real Estate
  • Office Phone: (502) 682-1226

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Frankfort High School, Public District Grades 9-12
  • Second Street School, Public District Grades KG-8

Other

Directions Information:

  • Directions: W 4th street to Campbell St to Steele st to Coleman

Price Information

Listing Price Info

Price Summary:

  • List Price: $203,000

Tax Information:

  • Annual Amount: $1,098
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Frankfort, KY.

Med. Sold Price

$230K

Med. Price/SqFt

$154

Avg. Days On Market

34

# of Sold Homes

56

316-318 Coleman Ave vs Frankfort

16 DAYS ON ROCKET

-18 Days

$203,000

-$27K Less

KEY TAKEAWAY

This property is $27K less than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008225

Listing Office:

  • Office Name: Marshall Lane Real Estate
  • Office Phone: (502) 682-1226

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 2:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2017Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,098$90,000
2018 - $90,000
2017$1,560$100,000

History based on county public records data.

Payment Calculator

$1,081

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$675

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-487811
5
/10
  • Second Street School

  • 506 W 2nd St

  • 0.40 miles

  • Public District Grades KG-8

High School

school-card-donut-487812
7
/10
  • Frankfort High School

  • 328 Shelby St

  • 0.20 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,125. Typical income of Frankfort, KY residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesKentuckyFranklin CountyFrankfort40601316-318 Coleman Ave

This home is located at 316-318 Coleman Ave in Frankfort, KY and zip code 40601. This home, which was built in 9999, sits on a 0.14 acre lot. Features: 4 bedrooms. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $203,000.

Over 15 listings were sold over their listed price in April 2024 in Frankfort, KY. In the same period over 26 listings were sold below the listed price and 15 listings were sold for the listed price. The number of listings in Frankfort, KY increased by 13.8% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $230,000.

From Rocket Homes Real Estate and based on county public records data.

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