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Nearby Schools
Second StElementary School
Second St MiddleMiddle School
FrankfortHigh School
Description
Turnkey duplex investment at 309 Virginia Ave in Frankfort featuring extensive 2021 renovations, including new windows, HVAC, roof, water heaters, kitchen cabinets, appliances, fresh paint, and refinished hardwood floors. The property was generating $1,695 per month in gross rent, and unit 309½ was recently vacated and is turnkey ready, making it ideal for a house hack or an opportunity to increase rents. This low-maintenance property offers stable income with market rent potential of $1,800-$2,000 per month ($900-$1,000 per unit), with additional upside if the basement spaces are improved. This property can also be combined as part of a portfolio purchase with 357 Wallace Ave in Frankfort.
Location
Listed By
Listing Agent
M Scott Peace
Lifstyl Real Estate
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Lifstyl Real Estate are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information Deemed Reliable but Not Guaranteed. © LBAR Multiple Listing Service. All rights reserved. Updated: 27th April, 2026 11:30 PM (UTC)
Listing Agent: M Scott Peace
Listing Office: Lifstyl Real Estate
