Attention investors! Here's your chance to add two newly renovated units to your portfolio in Frankfort. Both properties have been taken down to the studs and completely rebuilt with new flooring, paint, appliances, and fixtures. 111 Adair is a 1 bed, 1 bath, 690 sq ft unit currently rented for $785 per month. 113 Adair is a spacious 2 bed, 1 bath unit with 1,680 sq ft of living space and a 1,312 sq ft unfinished basement, previously rented for $1,125. The basement also offers potential to be converted into a separate unit, adding even more value. Don't miss this opportunity—come check it out today!
Sold for $190,000
$190,000
111-113 Adair St, Frankfort, KY 40601
3beds
2,290sqft
Duplex
Built in ----
-- sqft lot
$198,100 Zestimate®
$83/sqft
$1,285 Estimated rent
Home value
$198,100
$172,000 - $226,000
$1,285/mo
Zestimate® history
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$1,262/mo
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New flooringNewly renovated units
Zillow last checked:
Listing updated:
Listed by:
M Scott Peace 512-921-2794,
Lifstyl Real Estate
Bought with:
Angelica Hebert, 220940
Lifstyl Real Estate
Source: Imagine MLS,MLS#: 25014625
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
Property
Lot
- Size: 2,395 Square Feet
Details
- Parcel number: 0614308001.00
- Zoning description: multifamily
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Lyons & Gaines
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $80,600
- Annual tax amount: $376
- Date on market: 7/7/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $190,000-2.5%$83/sqft |
Source:  Imagine MLS #25014625 Report a problem | ||
| 7/28/2025 | Pending sale | $194,900$85/sqft |
Source: Imagine MLS #25014625 Report a problem | ||
| 7/24/2025 | Price change | $194,900-7.1%$85/sqft |
Source: Imagine MLS #25014625 Report a problem | ||
| 7/7/2025 | Listed for sale | $209,900$92/sqft |
Source: Imagine MLS #25014625 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $376 -1.7% | $80,600 |
| 2023 | $382 +67.2% | $80,600 +67.9% |
| 2022 | $228 -2% | $48,000 |
| 2021 | $233 -55.1% | $48,000 +12.9% |
| 2020 | $519 | $42,500 |
| 2019 | -- | $42,500 -5.6% |
| 2018 | -- | $45,000 |
| 2017 | $702 | $45,000 |
| 2016 | $702 | $45,000 |
| 2015 | $702 | $45,000 |
Find assessor info on the county website
Neighborhood: 40601
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Nearby schools
GreatSchools rating
- 5/10Second Street SchoolGrades: K-8Distance: 1 mi
- 6/10Frankfort High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Second St
- Middle: Second St Middle
- High: Franklin Co
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$198,100
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$202,062
- Kentucky
- Franklin County
- Frankfort
- 40601
- 111-113 Adair St
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