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: 9/21/2026

Overview

Description

An exceptional opportunity to own a highly visible property along Louisville Road (US-60) featuring an existing income-producing duplex situated on approximately 1.8 acres of Planned Commercial (PC) zoned land. Whether you're looking for a long-term investment, redevelopment opportunity, or commercial site with interim rental income, this property offers outstanding flexibility in one of Frankfort's most strategically located corridors. A recent MAI commercial appraisal concluded an "As-Is" Market Value of $290,000, recognizing the property's long-term redevelopment potential while noting the existing improvements serve as an interim use. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and long-term potential! Highlights include: Existing duplex providing immediate income potential | Approximately 1.8 acres with strong frontage and visibility | Planned Commercial (PC) zoning supporting a variety of futu ...

Listing Details MLS# 26017352

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2026-07-10

Address

County
Franklin
Street Number
607
Street Name
Louisville
Street Suffix
Road
State
KY
Zip Code
40601
Zip +4
3317
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
Parcel Number
062-20-17-001.00

Contract

Original List Price
290000
Start Showing Date
2026-07-10
Listing Contract Date
2026-07-10
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

MLS Area Major
014 - Franklin County
High School District
Franklin County - 14

Interior

Bedrooms Total
3
Bathrooms Total
2
Bathrooms 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

Remarks

Public Remarks
An exceptional opportunity to own a highly visible property along Louisville Road (US-60) featuring an existing income-producing duplex situated on approximately 1.8 acres of Planned Commercial (PC) zoned land. Whether you're looking for a long-term investment, redevelopment opportunity, or commercial site with interim rental income, this property offers outstanding flexibility in one of Frankfort's most strategically located corridors. A recent MAI commercial appraisal concluded an "As-Is" Market Value of $290,000, recognizing the property's long-term redevelopment potential while noting the existing improvements serve as an interim use. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and long-term potential! Highlights include: Existing duplex providing immediate income potential | Approximately 1.8 acres with strong frontage and visibility | Planned Commercial (PC) zoning supporting a variety of future commercial uses (subject to local approvals) | Convenient access to Downtown Frankfort, the Kentucky Capitol Complex, medical offices, and major employment centers | Adjacent to Frankfort Plant Board utility infrastructure and located near established professional and institutional uses | Ideal for: Commercial developers, Medical or professional office users, Investors seeking land appreciation, Mixed-use or commercial redevelopment opportunities, Buy-and-hold investors looking for future upside. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!

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

Property Features

Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Propane; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Propane; Sewer Connected; Water Connected Association Amenities: None Cooling: Multi Units; Window Unit(s) Heating: Forced Air; Natural Gas Laundry Features: Common Area; Main Level Parking Features: Gravel; On Site Possession: Close Of Escrow; Negotiable; 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: September - 21 - 2026
Information deemed reliable but not guaranteed.