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$240,000

702 Kentucky Ave Frankfort, KY 40601

3 beds
2 full
0.2 acres
House

Property details

About 702 Kentucky Ave

Charming Riverfront 3-Bedroom Home with Income Potential!Step back in time and enjoy the character of this beautifully maintained two-story home featuring classic wood trim, spacious rooms, and timeless appeal. With 3 large bedrooms, 2 full baths, and a formal dining room, this home blends old-style charm with modern comfort. Currently used as a profitable Airbnb, this home offers great income potential perfect for investors or owner-occupants!

Highlights

Home typeSingle Family Residence
HeatingElectric, Forced Air
StatusActive
CoolingWindow Unit(s), Electric
Lot size0.2 Acres
Year built9999
ParkingOff Street, Driveway
MLS #25015328
FireplaceGas Log, Gas Fireplace, Living Room

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Flooring Type: Laminate, Wood, Tile
  • Interior: Dining Area, Entrance Foyer, Walk-In Closet(s), Ceiling Fan(s)
  • Fireplace: Gas Log, Gas Fireplace, Living Room
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Off Street, Driveway
  • Exterior: Patio, Porch
  • Heating: Electric, Forced Air
  • Cooling: Window Unit(s), Electric
  • List Price: $240,000
  • Annual Tax Amount: $414
  • Tax Year: 2023
  • Directions: From US 127 turn onto Bald Knob Rd., Turn right onto Benson Ave turn left onto KY Ave., House is on the corner of KY Ave. and Dabney St.
  • Year Built: 9999
  • Stories: 2
  • Lot Size: 0.2 Acres
  • MLS Number: 25015328
  • Office Name: CENTURY 21 Commonwealth R E
  • Office Phone: (502) 226-2121
  • Office Email: DRWC21@aol.com

IDX 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 this broker, 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. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 25, 2008
Home Sold
$59,000

Tax history

YearAssessmentProperty Tax
2023$87,500$414
2021$87,500$569
2020$80,000$568
2018$80,000$-
2017$80,000$1,247

History based on county public records data.

Nearby schools

4

Westridge Elementary School

Public District PK-5

1.6 mi

200 Oak Ridge Dr

5

Collins Lane

Public District PK-5

2.0 mi

1 Cougar Ln

3

Peaks Mill Elementary School

Public District 1-5

2.2 mi

100 Peaks Mill Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,542. The majority of Frankfort, KY residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

51%
<35k
38%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Frankfort, KY

Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.

The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.

Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.

Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.

About 702 Kentucky Ave

The listing price of 702 Kentucky Ave property is $240,000.

The property 702 Kentucky Ave is a house located in Frankfort, Kentucky, 40601.

Active Listing: 702 Kentucky Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 702 Kentucky Ave are: Westridge Elementary School (GreatSchools Rating 4/10), Collins Lane (GreatSchools Rating 5/10), Peaks Mill Elementary School (GreatSchools Rating 3/10), Second Street School (GreatSchools Rating 4/10), Elkhorn Middle School (GreatSchools Rating 3/10), Bondurant Middle School (GreatSchools Rating 4/10), Frankfort High School (GreatSchools Rating 5/10), Franklin County High School (GreatSchools Rating 5/10), Western Hills High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $414 (source: MLS/based on county public records data).

The last sale was on June 25, 2008 for $59,000 (source: MLS/tax record).

The property at 702 Kentucky Ave has 3 bedrooms and 2 bathrooms.

The year of construction for 702 Kentucky Ave is 9999.

This home is located at 702 Kentucky Ave in Frankfort, KY and zip code 40601. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $240,000.

Over 10 listings were sold over their listed price in June 2025 in Frankfort, KY. In the same period over 31 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Frankfort, KY increased by 8.4% between May and June 2025. In June 2025 median list price was $246,000 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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