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Sold for $190,000
  • $190,000

    272 Douglas Ave, Versailles, KY 40383

    3beds
    2,472sqft
    Triplex
    Built in 1960
    -- sqft lot
    $195,400 Zestimate®
    $77/sqft
    $1,330 Estimated rent

    Home value

    $195,400

    Estimated sales range

    Not available

    $1,330/mo

    Zestimate® history
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    What's special

    Investor-Ready Triplex: Immediate Cashflow Opportunity in Downtown Versailles! A rare and profitable investment awaits in the heart of charming Downtown Versailles. This triplex is 100% occupied, offering the discerning investor immediate, stabilized cashflow from day one—no leasing costs or vacancy risk. Tenants benefit from a prime, highly walkable location, granting instant access to all of Downtown's unique amenities, dining, and shopping. Exceptional connectivity is ensured with the proximity to the Versailles Bypass, providing seamless travel via Frankfort Road and Lexington Road. Crucially, the rental rates have not been adjusted since the current owner purchased property, presenting a clear and immediate value-add opportunity for the next owner to maximize returns to current market standards. All leases are on month-to-month tenancy; $850/mo per unit are believed are the current market rents for the unit. A refined asset in a desirable, historic locale.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Prather Team - Michael Prather 859-379-8285,

    Keller Williams Bluegrass Realty

    Bought with:

    The Prather Team - Michael Prather, 208882

    Keller Williams Bluegrass Realty

    Source: Imagine MLS,MLS#: 25505421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup, Main Level
    Interior area
    • Total structure area: 2,472
    • Total interior livable area: 2,472 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Site, Paved
    Lot
    • Size: 1,197 Square Feet
    • Dimensions: 96 x 125
    Details
    • Parcel number: 30501501300
    • Zoning description: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected

    Community & HOA

    Community
    • Subdivision: Downtown
    Location
    • Region: Versailles

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $125,000
    • Annual tax amount: $1,236
    • Date on market: 11/13/2025

    Price history

    DateEventPrice
    12/29/2025Sold$190,000-5%$77/sqft
    Source: Imagine MLS #25505421 Report a problem
    12/24/2025Pending sale$200,000$81/sqft
    Source: Imagine MLS #25505421 Report a problem
    11/13/2025Listed for sale$200,000+17.6%$81/sqft
    Source: Imagine MLS #25505421 Report a problem
    9/2/2024Listing removed$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    6/20/2024Listed for sale$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    6/4/2024Pending sale$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    5/23/2024Listed for sale$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    5/4/2024Listing removed--
    Source: Imagine MLS #23008047 Report a problem
    4/2/2024Listed for sale$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    3/18/2024Pending sale$170,000$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    10/21/2023Price change$170,000-2.9%$69/sqft
    Source: Imagine MLS #23008047 Report a problem
    8/16/2023Listed for sale$175,000$71/sqft
    Source: Imagine MLS #23008047 Report a problem
    8/10/2023Pending sale$175,000$71/sqft
    Source: Imagine MLS #23008047 Report a problem
    6/30/2023Price change$175,000-2.8%$71/sqft
    Source: Imagine MLS #23008047 Report a problem
    5/24/2023Price change$180,000-10%$73/sqft
    Source: Imagine MLS #23008047 Report a problem
    5/4/2023Listed for sale$200,000+17.7%$81/sqft
    Source: Imagine MLS #23008047 Report a problem
    8/20/2021Listing removed--
    Source: Rector Hayden Realtors Report a problem
    7/29/2021Listed for sale$169,900$69/sqft
    Source: Imagine MLS #20114909 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,236 -4.3%$125,000
    2023$1,292 +0.9%$125,000
    2022$1,280 +7.1%$125,000 +8.7%
    2021$1,195 -0.2%$115,000
    2020$1,198 +12.6%$115,000 +6.5%
    2019$1,064 +1.1%$108,000
    2018$1,052 +1.9%$108,000
    2017$1,033 +0%$108,000
    2016$1,032 -13.9%$108,000 -13.6%
    2015$1,199 $125,000 -7.7%
    2010-- $135,500
    Find assessor info on the county website

    Neighborhood: 40383

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside
    • Middle: Woodford Co
    • High: Woodford 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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    $195,400
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    With Zillow Showcase(estimated)
    $199,308