607 Louisville Road, Frankfort, KY 40601

$290,000
Property Type: Residential Income Bedrooms: 3 Baths: 2 Square Footage: 1,780 Lot Size (sq. ft.): 78,974 Status: Active
Current Price: $290,000 List Date: 7/10/2026 Last Modified: 10/22/2026

Overview

Description

Commercial potential meets current investment opportunity along Frankfort's Louisville Road corridor! Situated on approximately 1.81 acres with Planned Commercial (PC) zoning, 607-609 Louisville Road offers an opportunity for investors, entrepreneurs and developers seeking a well-positioned property near downtown Frankfort, the Capitol Complex and established commercial and professional offices. The existing duplex provides immediate rental income potential while a future owner can evaluate redevelopment possibilities. A 2026 MAI commercial appraisal valued the property at $290,000 as-is, while identifying redevelopment as its highest and best use. Potential commercial or professional uses are subject to zoning, site feasibility and required approvals. Offered at $290,000, with the seller willing to consider reasonable closing-cost concessions or negotiated terms with a satisfactory offer. Explore the possibilities of owning commercially zoned acreage in Kentucky's capital city!

Listing Details MLS# 26017352

Listing Information

Property Sub Type
Duplex
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-07-10

Address

County
Franklin
Street #
607
Street
Louisville
St Suffix
Road
State/Province
KY
Zip Code
40601
Directions
You can approach this property on either way coming up or down Louisville Road; located across from the Berry Hill Mansion, you will turn in close to the Frankfort Plant Board to pull in and then cut across the driveway to get access to the property
Zip +4
3317
Parcel Number
062-20-17-001.00

Contract

Original List Price
290000
Start Showing Date
2026-07-10
Listing Price
290000
Listing Agreement
Exclusive Right To Sell
Owner Name
ONE SUNRISE LLC
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
159955.87
List Price/SqFt
162.92

Tax Legal

Area
014 - Franklin County
School District
Franklin County - 14

Interior

Total # Bedrooms
3
Total Bathrooms
2
Baths - Full
2
Living Area
1780
Living Area Source
Appraiser

More Information

Parking Information

Parking Total
5

Building

Year Built
1972
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
1.813
Lot Size Square Feet
78974

Utilities

Cooling YN
Yes
Heating YN
Yes
Propane
Yes

Remarks

Public Remarks
Commercial potential meets current investment opportunity along Frankfort's Louisville Road corridor! Situated on approximately 1.81 acres with Planned Commercial (PC) zoning, 607-609 Louisville Road offers an opportunity for investors, entrepreneurs and developers seeking a well-positioned property near downtown Frankfort, the Capitol Complex and established commercial and professional offices. The existing duplex provides immediate rental income potential while a future owner can evaluate redevelopment possibilities. A 2026 MAI commercial appraisal valued the property at $290,000 as-is, while identifying redevelopment as its highest and best use. Potential commercial or professional uses are subject to zoning, site feasibility and required approvals. Offered at $290,000, with the seller willing to consider reasonable closing-cost concessions or negotiated terms with a satisfactory offer. Explore the possibilities of owning commercially zoned acreage in Kentucky's capital city!

Building and Property Details

Building Expansion Potential YN
Yes
Lot Expansion Potential YN
Yes
Age of Roof
10

Showing Information

Showing Instructions
The property is fully vacant at this time and can be toured without prior notice as long as it's been requested via ShowingTime first. Call the listing agent for any more questions

Tax & Legal

Tax Rate
1.393
Zoning Description
Commercial

Association/Community

Number Of Buildings
1
Number Of Units In Community
2
Number Of Units Total
2

Laundry Features

Common Area
Yes

Possession

Negotiable
Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Association Amenities: None Cooling: Multi Units; Window Unit(s) Heating: Forced Air; Natural Gas Laundry Features: Main Level Parking Features: Gravel; On Site Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Special Listing Conditions: Standard Structure Type: Duplex Showing Requirements: Leave Message and Show; Show Anytime; Showing Service
Listing Office: Keller Williams Bluegrass Realty
Last Updated: October - 22 - 2026
Information deemed reliable but not guaranteed.