Prime Investment Opportunity in the Heart of Frankfort - Duplex with Capitol Views!Unlock the potential of a profitable investment opportunity in the vibrant heart of Frankfort! Situated just minutes from the Capitol building, the Kentucky River, and the bustling downtown scene, both of these 2-bed, 1-bath duplexes offer a great location and loads of potential.Both units offer Capitol views from the front deck, and one unit has undergone extensive renovations, with new paint including baseboards and ceilings, new blinds, microwave, and ceiling fan. Both sides have recently replaced stoves. The building's exterior has been refreshed with fresh paint on stucco, lattice work, and garage doors and trim, for enhanced curb appeal. One side has been upgraded with new concrete steps and a full handrail, all permitted with the city. This investment opportunity is a rare find, with loads of potential and a strategic location. Whether you're a seasoned investor or a first-time buyer looking to build equity, don't miss your chance to own a piece of Frankfort's dynamic real estate market. One unit is currently leased at $950 per month through August 2024. The adjacent unit is currently
Property Details
Property Features
Property Information:
Year Built: 9999
Living Area: 2,477 SqFt
Listing Office:
Office Name: Redfin
Office Phone: (502) 251-7147
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Virtual/3D Tour
3D Tour: 726-728 Woodland Ave
3D Tour
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Zoned
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: Get on I-64 W/I-75 N from Newtown Pike 13 min (5.0 mi) Follow I-64 W to US-127 N/Lawrenceburg Rd in Franklin County. Take exit 53B from I-64 W 21 min (23.9 mi) Continue on US-127 N/Lawrenceburg Rd. Take Louisville Rd to Woodland Ave in Frankfort 6 min (2.6 mi) 728 Woodland Ave Frankfort, KY 40601.
Price Information
Listing Price Info
Price Summary:
List Price: $199,900
Price Per SqFt: $81/SqFt
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.
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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
6
/10
Second Street School
506 W 2nd St
Distance between this listing and this school0.64 miles
Public District Grades KG-8
High School
7
/10
Frankfort High School
328 Shelby St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
Nearby Schools
6
/10
Collins Lane
1 Cougar Ln
Distance between this listing and this school0.81 miles
Public District Grades PK-5
7
/10
Westridge Elementary School
200 Pebblebrook Way
Distance between this listing and this school1.80 miles
Public District Grades PK-5
2
/10
Bridgeport Elementary School
10 Doctors Dr
Distance between this listing and this school2.18 miles
Public District Grades PK-5
Assigned Schools
6
/10
Second Street School
506 W 2nd St
Distance between this listing and this school0.64 miles
Public District Grades KG-8
Nearby Schools
4
/10
Bondurant Middle School
Bondurant Dr
Distance between this listing and this school2.19 miles
Public District Grades 6-8
4
/10
Elkhorn Middle School
1060 E Main St
Distance between this listing and this school3.15 miles
Public District Grades 6-8
Assigned Schools
7
/10
Frankfort High School
328 Shelby St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
Nearby Schools
6
/10
Western Hills High School
100 Doctors Dr
Distance between this listing and this school2.32 miles
Public District Grades 9-12
6
/10
Franklin County High School
1100 E Main St
Distance between this listing and this school3.27 miles
The neighbors living near this home have an average income of $32,125. Residents of Frankfort, KY typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 726-728 Woodland Ave in Frankfort, KY and zip code 40601. This 2,477 square foot home was built in 9999. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $199,900.
Over 13 listings were sold over their listed price in March 2024 in Frankfort, KY. In the same period over 21 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Frankfort, KY increased by 1.2% between February 2024 and March 2024. In March 2024 median list price was $235,000 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.