Investment opportunity! The sky is the limit for this duplex located perfectly in downtown Frankfort. About 1.5 miles to Buffalo Trace and in the center of bourbon country tourism. Also, only a couple blocks from the new parcel B & C development and a short stroll to all the downtown shops, bars, and eateries. These two units are currently permitted for Airbnb; however, one unit has a MTM tenant. Both units are in need of some rehab with one bathroom already gutted and ready to update. Tax credits are available in this area. New sewer lateral already installed to main in 2023. Seller also willing to sell duplex next door. Selling AS IS. Inspections welcomed. Agent Owner
Sold for $127,500
$127,500
113-115 Mero St, Frankfort, KY 40601
2beds
1,792sqft
Duplex
Built in ----
-- sqft lot
$244,200 Zestimate®
$71/sqft
$1,312 Estimated rent
Home value
$244,200
$212,000 - $276,000
$1,312/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
David Dean 502-545-0654,
Bluegrass Realty & Investments
Bought with:
Eric C Bumm, 217521
The Brokerage
Source: Imagine MLS,MLS#: 23020103
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Floor Furnace, Natural Gas
Cooling
- Electric, Window Unit(s)
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Property
Parking
- Parking features: None
Lot
- Size: 3,179 Square Feet
Details
- Parcel number: 0614206003.00
- Zoning description: SH
- Special conditions: Standard
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 Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $145,000
- Annual tax amount: $676
- Date on market: 12/12/2023
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2024 | Sold | $127,500-1.8%$71/sqft |
Source:  Imagine MLS #23020103 Report a problem | ||
| 12/14/2023 | Pending sale | $129,900$72/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 12/12/2023 | Listed for sale | $129,900$72/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 11/30/2023 | Contingent | $129,900$72/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 11/28/2023 | Price change | $129,900-7.1%$72/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 11/10/2023 | Price change | $139,900-3.5%$78/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 11/5/2023 | Price change | $145,000-6.5%$81/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 10/29/2023 | Price change | $155,000-11.4%$86/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 10/23/2023 | Price change | $175,000-5.4%$98/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
| 10/17/2023 | Listed for sale | $185,000$103/sqft |
Source: Imagine MLS #23020103 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $676 +62.9% | $145,000 +65.7% |
| 2023 | $415 | $87,500 |
Find assessor info on the county website
Neighborhood: 40601
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Nearby schools
GreatSchools rating
- 5/10Second Street SchoolGrades: K-8Distance: 0.6 mi
- 6/10Frankfort High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Second St
- Middle: Second St Middle
- High: Frankfort
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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$249,084
- Kentucky
- Franklin County
- Frankfort
- 40601
- 113-115 Mero St
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