Turnkey duplex investment at 309 Virginia Ave in Frankfort featuring extensive 2021 renovations, including new windows, HVAC, roof, water heaters, kitchen cabinets, appliances, fresh paint, and refinished hardwood floors. The property was generating $1,695 per month in gross rent, and unit 309½ was recently vacated and is turnkey ready, making it ideal for a house hack or an opportunity to increase rents. This low-maintenance property offers stable income with market rent potential of $1,800-$2,000 per month ($900-$1,000 per unit), with additional upside if the basement spaces are improved. A group showing will be held Sunday, March 15 from 3:00-3:45 PM, and the property can also be combined as part of a portfolio purchase with 357 Wallace Dr in Frankfort.
309 Virginia Avenue, Frankfort, KY 40601, is a 4 bedroom, 2 bathroom, 1800 sqft. Duplex built in 1988.
This property is currently available for sale and was listed on Imagine Your Home on 3-13-2026.
The MLS# for this Duplex is MLS# 26004859.
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