779 Ridgeview Drive #A&B, Frankfort, KY 40601
Local realty services provided by:ERA Select Real Estate
779 Ridgeview Drive #A&B,Frankfort, KY 40601
$349,500
- 6 Beds
- 4 Baths
- 3,108 sq. ft.
- Multi-family
- Pending
Listed by: rick pulliam
Office: pulliam realty group
MLS#:26004992
Source:KY_LBAR
Price summary
- Price:$349,500
- Price per sq. ft.:$112.45
About this home
Wonderful opportunity to own a rehabbed and remodeled duplex in northeast Frankfort in Ridgeview Estates. The offering price achieves the magic 1% gross rents compared to the purchase price so keep reading the marketing remarks and details. Each side includes 3 BRs, 2 full BAs, 1 1/2 story townhouse floor plans, with a private driveway on each side with a shared fenced yard in the rear with individual patios. Each unit includes 1554 SF and 3108 SF for the entire building. The owner did all the hard work on the exterior in 2023. All new roof, insulated windows, eaves, soffits, hardiboard, vinyl removal, gutters, and downspouts (invoices available). Unit B is currently vacant and was taken down to the studs for remodeling. All new flooring, kitchen cabinets, countertops, plumbing fixtures, light fixtures, plugs, switches, doorways, finishings, and paint. A new HVAC system was installed in 2025. The owner tested the rental market on Zillow at $1750 per month with the tenants paying their own utilities and he received five applications in 72 hours. It is a beautiful unit and ready for a new tenant. Unit A is currently occupied by the owners and they will vacate before closing. Unit A hasn't been remodeled like Unit B, but it is in very good shape. It does have new kitchen appliances that were purchased in 2025. The owner plans to leave the washer/dryer in Unit A. This unit could reach $1750 with some easy rehab work. This would put your rents at $3500 per month and this is the magic 1% gross rents compared to the purchase price that every investor wants to achieve. Frankfort doesn't have many 3 BR duplexes and almost none that have the exterior completely updated. The owner also had some support work done in the crawl space with some extra jacking to avoid future issues. This building is a must see and provides the value that all investors want to achieve. Professional management available....
Contact an agent
Home facts
- Year built:1984
- Listing ID #:26004992
- Added:27 day(s) ago
- Updated:April 11, 2026 at 10:07 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,108 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1984
- Building area:3,108 sq. ft.
- Lot area:0.33 Acres
Schools
- High school:Franklin Co
Finances and disclosures
- Price:$349,500
- Price per sq. ft.:$112.45
Features and amenities
- Laundry features:Electric Dryer Hookup, Main Level, Washer Hookup
New listings near 779 Ridgeview Drive #A&B
$289,900Active20 AcresTract TBD Devils Hollow Road, Frankfort, KY 40601
MLS# 25015170Listed by: BLUEGRASS REALTY & INVESTMENTS- New
$399,900Active4 beds 3 baths2,400 sq. ft.110 Hackberry Court, Frankfort, KY 40601
MLS# 26007555Listed by: BLUEGRASS REALTY & INVESTMENTS - Open Sun, 2 to 4pmNew
$279,900Active4 beds 2 baths2,069 sq. ft.104 Cavern Drive, Frankfort, KY 40601
MLS# 26007398Listed by: TRANSACTIONBROKER.COM - New
$439,900Active4 beds 3 baths3,671 sq. ft.833 Isaac Shelby Circle, Frankfort, KY 40601
MLS# 26007532Listed by: KB REALTY GROUP - New
$340,000Active3 beds 3 baths2,510 sq. ft.204 Village Drive, Frankfort, KY 40601
MLS# 26007513Listed by: INDIGO & CO
$300,000Pending4 beds 2 baths2,113 sq. ft.310 Esperanza Drive, Frankfort, KY 40601
MLS# 26007492Listed by: THRESHOLD REAL ESTATE SERVICES- Open Sun, 2 to 4pmNew
$299,000Active3 beds 3 baths1,573 sq. ft.364 Village Drive, Frankfort, KY 40601
MLS# 26007420Listed by: RE/MAX CREATIVE REALTY - New
$399,000Active5 beds 4 baths2,747 sq. ft.505 Old Us 60 Road, Frankfort, KY 40601
MLS# 26007412Listed by: RE/MAX CREATIVE REALTY - New
$218,000Active3 beds 1 baths1,150 sq. ft.120 Lynnwood Drive, Frankfort, KY 40601
MLS# 26007376Listed by: KELLER WILLIAMS COMMONWEALTH - New
$225,000Active3 beds 2 baths1,050 sq. ft.119 Langford Ave, Frankfort, KY 40601
MLS# 1713664Listed by: REAL BROKER, LLC