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143-145 Wallace Avenue Frankfort, KY $ 135,000
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143-145 Wallace Avenue
$ 135,000
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143-145 Wallace Avenue

Frankfort, KY, 40601
$ 135,000
Bedrooms4 Baths2.0 Sq 1,568

Monthly Estimate*

$ 831

143-145 Wallace Avenue, Frankfort, KY 40601 - Image 1
143-145 Wallace Avenue, Frankfort, KY 40601 - Image 2

Multi-Family Home for sale in Frankfort, KY

for $135,000 with 4 bedrooms and 2 full baths. This 1,568 square foot home was built on a lot size of 0.11.

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!

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Multi-Family Active

Price

$ 135,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.11

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

26008717
Features
General
Heating Baseboard
Cooling Window Unit(s)
Possession Close Of Escrow Subject To Tenant Rights
Roof Composition
Year Built 9999
Property Subtype Duplex
Parcel Number 061-44-01-006.00
County Franklin
New Construction N
Property Type Residential Income
Subdivision Name Downtown
Full Baths 2
Status Active
Directions Holmes Street to Nicol Place to Wallace Avenue.
High School Frankfort
City Frankfort
High School District Franklin County - 14
Zoning Description Residential
Number Of Units Total 2
MLS Area 014 - Franklin County
Lot Size Units Acres
Lot Size Square Feet 4576.0
Land Lease Y/N N
MLS Area Minor 014 - Franklin County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.11
Number of Buildings 1
Building Area Total 1568.0
Lot Dimensions 52x88
Lot Size Acres 0.11
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 4
Total Baths 2
Heating-Baseboard True
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Internal Only
Street Number 1 143145
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* Excluded Features
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$831
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Monthly Principal & Interest
$831
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3290012 Elementary School
3290017 Middle School
Frankfort High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2026$135,000 Listed Price

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143-145 Wallace Avenue, Frankfort, KY, 40601 is a Multi-Family Home for sale at $135,000 with 1,568 sqft and a lot size of 0.11. 143-145 Wallace Avenue has 4 bedrooms and 2.0 baths. The property's zip code is 40601 which is in Frankfort, KY

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