For sale

Price cut: $39.5K (9/10)

$250,000

342 Frankfort Rd, Shelbyville, KY 40065

5beds

2baths

3,872sqft

$1,780/mo

Get pre-qualified

Duplex

Built in ----

-- sqft lot

$243,700 Zestimate^®

$65/sqft

$-- HOA

What's special

All appliances will conveyLots of storage

Extra large duplex with consistent cash flow. Long term tenants. First Floor features 3 bedrooms, large living room, dining room, full bathroom and updated kitchen. Second Floor is 2 bedrooms, large living room, dining room, full bathroom and updated kitchen. Each unit has a covered parking spot. Separate washer and dryers in basement with lots of storage. Separate Meters for water electric and gas. Beautiful hardwood in main living areas. All appliances will convey. Room for rental increases. Both tenants are month to month. Call today with questions or to schedule showing. 24 hour notice to show (No exceptions).

133 days
414
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Electric, Heat Pump

Features

Has basement: Yes

Interior area

Total structure area: 3,872
Total interior livable area: 3,872 sqft
Finished area above ground: 3,872
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Patio & porch: Porch
Exterior features: Balcony

Lot

Size: 6,969 Square Feet
Features: Corner Lot, Sidewalk

Details

Parcel number: S1107041A

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex
Attached to another structure: Yes

Materials

Vinyl Siding, Wood Frame
Roof: Asphalt,Shingle

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Southlawn

HOA

Has HOA: No

Location

Region: Shelbyville

Financial & listing details

Price per square foot: $65/sqft
Tax assessed value: $275,000
Annual tax amount: $3,186
Date on market: 10/6/2026
Tenant pays: Cable TV, Electricity, Sewer, Trash Collection, Water
Electric utility on property: Yes

Estimated market value

$243,700

$232,000 - $256,000

$1,457/mo

Price history

Date	Event	Price
10/6/2026	Listed for sale	$250,000$65/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1719937 Report a problem
9/22/2026	Contingent	$250,000$65/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1719937 Report a problem
9/10/2026	Price change	$250,000-13.6%$65/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1719937 Report a problem
7/14/2026	Price change	$289,500-3.3%$75/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1719937 Report a problem
6/9/2026	Listed for sale	$299,500+8.9%$77/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1719937 Report a problem
4/2/2024	Sold	$275,000+143.4%$71/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1657835 Report a problem
7/27/2021	Sold	$113,000$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,186 +131.2%	$275,000 +143.4%
2024	$1,378 -1.3%	$113,000
2023	$1,396 -0.4%	$113,000
2022	$1,402 +11.4%	$113,000 +15.3%
2021	$1,258 +3.7%	$98,000
2020	$1,213	$98,000
2019	$1,213 +3.9%	$98,000
2018	$1,167	$98,000
2017	$1,167 +2.1%	$98,000
2016	$1,143	$98,000
2015	$1,143	$98,000
2014	$1,143	$98,000
2013	$1,143	$98,000
2012	--	$98,000
2011	--	$98,000
2010	--	$98,000