$135,000

143-145 Wallace Avenue, Frankfort, KY 40601

  • 4 beds |
  • 2 baths |
  • 1,568 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,574sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Pending
Date Added:
April 22, 2026
Data Last Updated:
May 20, 2026 at 7:38AM
Listing Office:
Home Forward : 859-687-9791
MLS ID:
26008717
  • A/C: Window Unit(s)
  • Heating: Baseboard
  • Roofing: Composition
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Franklin County - 14
  • County: Franklin
  • Zoning: 061-44-01-006.00
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Home Forward

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location