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142-164 Tupelo Trl, Frankfort
$2,075,000
24 Beds ⋅ 24 Baths ⋅ 26008600 MLS
Exceptional opportunity to acquire a 12-unit townhouse package in Frankfort, KY, offering strong in-place income with significant upside potential. Built in 1995, this all-brick, two-story complex has recently undergone major exterior improvements, including fresh paint, new shingle roofs, and new gutters, providing a clean, updated appearance with reduced near-term capital needs. Each unit offers approximately 1,400 square feet with consistent, mirrored floor plans for operational efficiency. The main level features a spacious great room with tall ceilings, kitchen, laundry room with washer and dryer included, full bathroom, and a foyer/dining area. Upstairs includes two large bedrooms, a full bathroom, and abundant closet space, making these units highly desirable to tenants. The property presents immediate value-add potential, with 5 units yet to be fully renovated, allowing a new owner to continue increasing rents. One unit is currently vacant and under renovation, projected to lease at $1,700/month upon completion, establishing a strong rent ceiling for future upgrades. Current rent breakdown: 3 units @ $1,000 2 units @ $1,250 2 units @ $1,400 2 units @ $1,550 2 units @ $1,600 1 unit (vacant/renovation) projected @ $1,700 An additional highlight is the 2,500 sq. ft. basement garage, offering multiple income-producing possibilities such as tenant storage bays, workshop space, management office, or supplemental rental income streams—a rare feature that further enhances the asset's income potential. Tenants pay their own utilities (electric, etc.), while ownership covers trash and exterior maintenance, keeping operating expenses relatively low. The property is currently self-managed, providing flexibility for a new owner to continue hands-on management or implement professional management for scalability. The location supports strong tenant demand, situated across the street from local public schools and near Frankfort Regional Medical Center, as well as major retailers like Walmart and Lowe's, plus numerous restaurants and amenities. Investment Highlights: Strong in-place cash flow with immediate upside***5-unit value-add opportunity to push rents***Major exterior improvements already completed***Large, desirable 1,400 SF townhouse layouts Washer/dryer included in all units***Low expense structure (tenant-paid utilities)***Additional income from 2,500 SF garage space***Excellent location near schools, healthcare, and retail***Self-managed = opportunity to improve efficiency or scale

142-164 Tupelo Trl, Frankfort

112 Collision Center Dr, Frankfort
$440,000
25016549 MLS
Industrial building totaling 4000 square feet with additional storage building located near Versailles Road on the north side of Collision Drive. This steel frame building has a metal exterior and metal roof. The shop is 3150 sf and the remaining area consists of a reception area, (2) offices, break room, utility/ storage area and (2) half baths. The rear 11X17 area of the building is used for storage along with the second floor and detached building. Property is fenced for security purposes. The shop space has finished concrete floors, metal walls, commercial lights, and security cameras Shop opens with (3) automatic garage doors; two of the doors ae 10' and the other is 12' high. There are 7-12 parking spaces in the front and over 20 parking spaces on the side and back of the lot. This property is zoned CH (highway commercial), light industrial and is suitable for a range of business ventures such as an auto garage, detail shop, fabrication shop, welding, warehouse, paint shop, etc. This prime location ensures high exposure for businesses and convenient access for customers and clients. This sale does not include business, lifts, equipment or tools.

112 Collision Center Dr, Frankfort

154 Hillview Ct, Frankfort
$155,000
4 Beds ⋅ 2 Baths ⋅ 25504620 MLS
Affordable, charming retreat at 154 Hillview Court, Frankfort. Discover the perfect blend of comfort and convenience in this delightful 4-bedroom, 2 bathroom ranch-style home spanning over 1700 square feet of thoughtfully designed living space. Nestled in the serene Hillview Court cul-de-sac, this property offers a peaceful escape just minutes from downtown Frankfort's vibrant energy. Priced very competitively in today's market, this gem is an investor's dream or first-time buyer's haven. Key highlights of the home include spacious interior - with modern kitchen with ample cabinetry opening into large family room which is ideal for family gatherings or quiet mornings enjoying your coffee. Cozy bedrooms and baths - primary bedroom features an en-suite bath with new flooring and new stand-alone tub, and walk-in closet, while 3 additional bedrooms share a full guest bath, perfect for kids, guests or home office. Modern updates - neutral paint, newer flooring and energy-efficient windows. Come take your private tour of this home in the heart of it all - walk to local parks, top-rated Franklin County schools, and easy access to I-64 for commutes to Lexington. Whether your drawn to the historic Capital charm, nearby distilleries, or the rolling Bluegrass hills, this address delivers style without the premium price tag.

154 Hillview Ct, Frankfort