Link Copied
Listed price in listed location currency (USD).
$200,000

333

MLS® 25505421

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2472 sqft
Garage No
Taxes 
Days Active 24
Lot Size 0.03 acres
Approx. Age 1960
Avg. Price Per Sqft $80
MLS® Number 25505421

Property Address: 272 Douglas Ave, Versailles, KY, 40383-1778

Average square foot calculated using Size range provided by listing agent.

Description

Investor-Ready Triplex: Immediate Cashflow Opportunity in Downtown Versailles! A rare and profitable investment awaits in the heart of charming Downtown Versailles. This triplex is 100% occupied, offering the discerning investor immediate, stabilized cashflow from day one—no leasing costs or vacancy risk. Tenants benefit from a prime, highly walkable location, granting instant access to all of Downtown's unique amenities, dining, and shopping. Exceptional connectivity is ensured with the proximity to the Versailles Bypass, providing seamless travel via Frankfort Road and Lexington Road. Crucially, the rental rates have not been adjusted since the current owner purchased property, presenting a clear and immediate value-add opportunity for the next owner to maximize returns to current market standards. All leases are on month-to-month tenancy; $850/mo per unit are believed are the current market rents for the unit. A refined asset in a desirable, historic locale.
MLS® Number25505421
Laundry LevelElectric Dryer Hookup, Main Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1960
Basement
DrivewayOn Site, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 13, 2025List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
272 Douglas Ave, Versailles, KY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties