1300-1314 Powhatan, Frankfort, KY 40601

$1,075,000
Property Type: Residential Income Bedrooms: 20 Baths: 16 Lot Size (sq. ft.): 82,764 Status: Closed
Current Price: $1,075,000 List Date: 10/03/2024 Last Modified: 8/29/2025

Overview

Description

Portfolio game changer. 4 large duplexes and 3 lots zoned RH with up to 24 units per acre. Duplexes are essentially three stories with garage and storage on lowest level and two levels of living space. 2 duplexes have 2 bedrooms and 2 baths. 2 duplexes have 3 bedrooms and 2 baths. Large rooms, great layouts. Longterm tenants. Great culture at the buildings. Rents need to be raised to market. All properties back up to Lakeview Park at which there will be a large addition of amenities in the coming years only helping to boost property values, rents, and rentability. Addresses: 1300, 1302, 1304, 1306, 1308, 1310, 1312, 1314 Powhatan Trail

Listing Details MLS# 24020812

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2024-12-24
Purchase Contract Date
2024-11-11
Close Date
2024-12-20
Close Price
1075000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Franklin
Street Number
1300-1314
Street Name
Powhatan
State
KY
Zip Code
40601
Directions
steadmantown to powhatan
Parcel Number
084-20-06-035.01, 084-20-06-035.02, 084-20-06-035,

Contract

Original List Price
1330000
Start Showing Date
2024-10-03
Listing Contract Date
2024-10-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
700000
Sold Price/Acre
565789.47
SP/LP
0.81

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Indian Hills
High School District
Franklin County - 14

Interior

Bedrooms Total
20
Bathrooms Total
16
Bathrooms Full
16
Bathrooms Half
0

More Information

Parking Information

Parking Total
20

Building

Year Built
1995
Stories Total
3

Lot

Lot Size Acres
1.9
Lot Size Square Feet
82764

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Portfolio game changer. 4 large duplexes and 3 lots zoned RH with up to 24 units per acre. Duplexes are essentially three stories with garage and storage on lowest level and two levels of living space. 2 duplexes have 2 bedrooms and 2 baths. 2 duplexes have 3 bedrooms and 2 baths. Large rooms, great layouts. Longterm tenants. Great culture at the buildings. Rents need to be raised to market. All properties back up to Lakeview Park at which there will be a large addition of amenities in the coming years only helping to boost property values, rents, and rentability. Addresses: 1300, 1302, 1304, 1306, 1308, 1310, 1312, 1314 Powhatan Trail

Showing Information

Showing Instructions
contact listing agent.

Tax & Legal

Elementary School
Elkhorn Elem
Middle Or Junior School
Elkhorn Middle
High School
Franklin Co
Tax Rate
13.92
Zoning Description
RH

Association/Community

Number Of Buildings
4
Number Of Units Total
8

Cooling

Electric
Yes

Heating

Forced Air
Yes

Roof

Composition
Yes

Structure Type

Duplex
Yes

Property Features

Cooling: Electric Heating: Forced Air Roof: Composition Structure Type: Duplex
Listing Office: Marshall Lane Real Estate
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.
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