255 Centennial Drive, Frankfort, KY 40601

$950,000
Property Type: Residential Income Bedrooms: 24 Baths: 24 Square Footage: 11,400 Lot Size (sq. ft.): 38,333 Status: Closed
Current Price: $950,000 List Date: 5/08/2023 Last Modified: 10/13/2026

Overview

Description

(12) 2 bedroom, 2 full bath units in three buildings on one lot. Potential gross income up to 122,400* per year. Nice lot at end of street with most decks overlooking woods. Two units have a garage perfect for maintenance storage or additional rental income, not included in PGI above.

Listing Details MLS# 23008323

Listing Information

Property Sub Type
Quadruplex
Comp Sale YN
No

Status Change Information

Price Change Timestamp
2023-06-28T16:15:02Z
StatusChangeDate
2023-08-29
Contract Acceptance Date
2023-08-04
Sold Date
2023-08-29
Buyer Financing
Other
Concessions Comments
seller financing
Sale Type
Arms Length Sale

Address

County
Franklin
Street #
255
Street
Centennial
St Suffix
Drive
State/Province
KY
Zip Code
40601
Directions
Schenkel Lane to Centennial to the end of the street on the left.
Parcel Number
074-30-07-034.00

Contract

Original List Price
1150000
Start Showing Date
2023-05-08
Listing Price
1050000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1193181.82
List Price/SqFt
92.11
Sold Price/Acre
1079545.45
Sold Price/SqFt
83.33
SP/LP
0.9

Tax Legal

Area
014 - Franklin County
Subdivision/Condo
Landings

Interior

Total # Bedrooms
24
Total Bathrooms
24
Baths - Full
24
Living Area
11400

More Information

Parking Information

Parking Total
20

Building

Year Built
1986
Stories Total
2

Lot

Lot Size Acres
0.88
Lot Size Dimensions
37.19 x 221.69 x 209.8 x 100 x 262.09
Lot Size Square Feet
38333
Road Frontage Feet
37

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
(12) 2 bedroom, 2 full bath units in three buildings on one lot. Potential gross income up to 122,400* per year. Nice lot at end of street with most decks overlooking woods. Two units have a garage perfect for maintenance storage or additional rental income, not included in PGI above.

Building and Property Details

Building Expansion Potential YN
No
Age of Roof
3
Common Area SqFt
600
Storage SqFt
1200

Unit Details

Number Of Units Vacant
Yes

Showing Information

Showing Instructions
Call/text David Dean for showing instructions. 502.545.0654

Tax & Legal

Zoning Description
RL

Association/Community

Number Of Buildings
3
Number Of Units Total
12

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Possession: Subject To Tenant Rights Roof: Composition Special Listing Conditions: Standard Structure Type: Quadruplex Documents: Sellers Disclosure Of Property Condition
Listing Office: Bluegrass Realty & Investments
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.