Don't miss your chance to own this income-producing duplex in the heart of downtown Frankfort! Each unit features 2 bedrooms and 1 full bathroom, offering comfortable living spaces for tenants. Both sides are currently occupied, generating immediate rental income of $710/month (143 Wallace) and $695/month (145 Wallace). Tenants in both units pay all utilities and are responsible for lawn care/mowing. Lease details are as follows: 143 Wallace lease ends 11/30/2026, and 145 Wallace lease ends 3/31/2027. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers excellent potential and convenience to local shops, dining, and amenities. Duplex is tenant-occupied—48-hour notice required for all showings. Schedule your showing today!
Sold for $130,000
$130,000
143-145 Wallace Ave, Frankfort, KY 40601
4beds
1,568sqft
Duplex
Built in ----
-- sqft lot
$130,300 Zestimate®
$83/sqft
$1,178 Estimated rent
Home value
$130,300
Estimated sales range
Not available
$1,178/mo
Zestimate® history
Owner options
List your home for rent
$1,178/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,178/mo
Rent Zestimate®
Refinance and save
$841/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$841/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Comfortable living spaces
Zillow last checked:
Listing updated:
Listed by:
Deborah S Adams 859-983-9501,
Home Forward,
Cody Meredith 859-396-6079,
Home Forward
Bought with:
Rick Pulliam, 191695
Pulliam Realty Group
Source: Imagine MLS,MLS#: 26008717
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit(s)
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
Property
Lot
- Size: 4,573 Square Feet
- Dimensions: 52 x 88
Details
- Parcel number: 0614401006.00
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $135,000
- Annual tax amount: $629
- Date on market: 4/22/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $130,000-3.7%$83/sqft |
Source:  Imagine MLS #26008717 Report a problem | ||
| 5/2/2026 | Contingent | $135,000$86/sqft |
Source: Imagine MLS #26008717 Report a problem | ||
| 4/22/2026 | Listed for sale | $135,000+35.1%$86/sqft |
Source: Imagine MLS #26008717 Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source: United Country Report a problem | ||
| 3/31/2023 | Listed for sale | $99,900$64/sqft |
Source: United Country Report a problem | ||
| 8/1/2021 | Listing removed | -- |
Source: Imagine MLS #20112956 Report a problem | ||
| 7/15/2021 | Price change | $99,900-8.3%$64/sqft |
Source: Imagine MLS #20112956 Report a problem | ||
| 7/6/2021 | Listed for sale | $109,000+537.4%$70/sqft |
Source: Imagine MLS #20112956 Report a problem | ||
| 1/22/2015 | Sold | $17,100-65.8%$11/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1406941 Report a problem | ||
| 11/8/2005 | Sold | $50,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $629 +110.7% | $135,000 +114.3% |
| 2023 | $299 -0.4% | $63,000 |
| 2022 | $300 -2% | $63,000 |
| 2021 | $306 -49.9% | $63,000 +26% |
| 2020 | $610 | $50,000 |
| 2019 | -- | $50,000 |
| 2018 | -- | $50,000 |
| 2017 | $780 | $50,000 |
| 2016 | $780 | $50,000 |
Find assessor info on the county website
Neighborhood: 40601
Nearby homes
- $---- bd-- ba-- sqft145 Wallace Ave, Frankfort, KY 40601Off Market
- $164,0004 bd2 ba1.5k sqft143 Wallace Ave, Frankfort, KY 40601Off Market
- $94,3001 bd1 ba700 sqft147 Wallace Ave, Frankfort, KY 40601Off Market
- $148,8002 bd2 ba1.3k sqft147-149 Wallace, Frankfort, KY 40601Off Market
- $40,0002 bd2 ba-- sqft149 Wallace Ave #147, Frankfort, KY 40601Off Market
- $117,5001 bd1 ba900 sqft149 Wallace Ave, Frankfort, KY 40601Off Market
- $162,1002 bd2 ba1.3k sqft147 Wallace Ave #149, Frankfort, KY 40601Off Market
- $187,1004 bd2 ba1.5k sqft143-145 Wallace, Frankfort, KY 40601Off Market
Nearby schools
GreatSchools rating
- 5/10Second Street SchoolGrades: K-8Distance: 0.8 mi
- 6/10Frankfort High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$130,300
2% more
+$2,606
With Zillow Showcase(estimated)
$132,906
- Kentucky
- Franklin County
- Frankfort
- 40601
- 143-145 Wallace Ave
Nearby cities
Nearby zip codes
Other Frankfort Topics
