Sold
Last Sold Price
8 beds
412 Ridgewood Lane, Frankfort, KY 40601
Multi FamilyProperty Type
1978Year Built

Description

Discover a wonderful 4-plex featuring spacious 2-bedroom units, perfect for expanding your investment portfolio. This property is attractively priced and boasts high rental demand, ensuring a steady stream of tenants. With excellent property management available, your investment will be hassle-free. Additionally, the neighboring building, offering another 4 units, is available for purchase at $385,000, providing a unique opportunity to double your rental income. Don't miss out on this exceptional...Discover a wonderful 4-plex featuring spacious 2-bedroom units, perfect for expanding your investment portfolio. This property is attractively priced and boasts high rental demand, ensuring a steady stream of tenants. With excellent property management available, your investment will be hassle-free. Additionally, the neighboring building, offering another 4 units, is available for purchase at $385,000, providing a unique opportunity to double your rental income. Don't miss out on this exceptional investment!
  • Listed by: Jenny Perron 859.559.3046 jennylynn.realestate@gmail.com • eXp Realty, LLC
Listing closed: 08/16/2024 12:00 AM • Source: Imagine MLS, MLS#: 24010280

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$345,000

Avg days on market

53

Sale-to-list ratio

95.8%

Frankfort, KY

9 comparable properties found

$430,000 | 209 Logan Street, Frankfort, KY 40601
1/59
1

$430,000

Sold 07/21/25

8
Bedrooms
3,348
Square Feet
0.19
Acres
$422,000 | 216 Conway Street, Frankfort, KY 40601
1/47
2

$422,000

Sold 10/14/24

7
Bedrooms
5,033
Square Feet
0.11
Acres
$330,000 | 204 Landings Drive, Frankfort, KY 40601
1/13
3

$330,000

Sold 04/10/25

8
Bedrooms
4,130
Square Feet
0.29
Acres
$340,000 | 202 Quachita Trail, Frankfort, KY 40601
1/2
4

$340,000

Sold 06/05/26

8
Bedrooms
3,602
Square Feet
0.24
Acres
$330,000 | 1517 Steadmantown Lane, Frankfort, KY 40601
1/27
5

$330,000

Sold 07/31/25

8
Bedrooms
3,401
Square Feet
0.54
Acres
$367,000 | 1605 Steadmantown Lane, Frankfort, KY 40601
1/43
6

$367,000

Sold 07/10/26

8
Bedrooms
3,479
Square Feet
Unavailable
Acres
$345,000 | 220 Meadowview Drive, Frankfort, KY 40601
1/27
7

$345,000

Sold 05/16/25

6
Bedrooms
3,721
Square Feet
0.35
Acres
8

$41,000

Sold 03/05/25

7
Bedrooms
4
Bathrooms
Unavailable
Square Feet
0.07
Acres
$495,000 | 8 Felmer Court, Frankfort, KY 40601
1/23
9

$495,000

Sold 03/28/25

6
Bedrooms
3,158
Square Feet
0.07
Acres

Location

Listing Courtesy of eXp Realty, LLC

Sold By Century 21 Pinnacle

Add your commute

Payment Calculator

$2,154 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,815

Property Taxes

$339

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 412 Ridgewood Lane

Property Details
  • MLS Type: Residential Income / Apartment
  • Lot Size: 0.00 AC / 0 SF
  • Subdivision Name: Commercial
  • Zoning Description: multifamily
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1978
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • Directions: Frankfort on the left of Ridgewood on the corner
  • Latitude: 38.170399
  • Longitude: -84.90161
  • MLS Area Major: 014 - Franklin County
  • MLS Area Minor: 014 - Franklin County
Taxes and HOA
  • Parcel Number: 586-337
Property
Property and Assessments
  • New Construction: No
  • Year Built: 1978
Building Features
  • Number Of Buildings: 1
  • Structure Type: Multi Family
Multi Family
Multi Family Information
  • Number Of Units Total: 4
  • Number Of Units Vacant: 1
Interior and Exterior Features
Exterior Features
  • Stories Total: 2
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Property History for 412 Ridgewood Lane

DateEvent & SourcePriceAppreciation
Aug 16, 2024

Sold

Imagine MLS #24010280

$340,000—
Jul 1, 2024

Contract Signed

Imagine MLS #24010280

—
May 24, 2024

Listed (Active)

Imagine MLS #24010280

$385,000—
DateEvent & SourcePrice
08/16/2024

Sold

Imagine MLS #24010280

$340,000
07/01/2024

Contract Signed

Imagine MLS #24010280

—
05/24/2024

Listed (Active)

Imagine MLS #24010280

$385,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 412 Ridgewood Lane

Taxable ValueLand$30,000Additions$310,000Total$340,000
Tax Record2025$4,073 ($339 / month)
Home Facts
Stories1StyleQuadraplexCountyFRANKLINAPN050-30-04-007.00

Schools near 412 Ridgewood Lane

This home is within Franklin County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Collins Lane Elementary School
PublicPK to 5

Bondurant Middle School
Public6 to 8

Western Hills High School
Public9 to 12

The Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 40601

$215,000 | 307 Peachtree Lane, Frankfort, KY 40601
1/29

$215,000

3
Bedrooms
1,092
Square Feet
0.31
Acres
$270,000 | 231 Finish Line Way, Frankfort, KY 40601
1/42
New

$270,000

3
Bedrooms
1,483
Square Feet
0.15
Acres
$199,900 | 324 Farmers Lane, Frankfort, KY 40601
1/25
New

$199,900

3
Bedrooms
1,125
Square Feet
Unavailable
Acres
$264,900 | 39 Elmwood Court, Frankfort, KY 40601
1/54

$264,900

3
Bedrooms
1,670
Square Feet
0.27
Acres
$264,900 | 147 Meadowbrook Drive, Frankfort, KY 40601
1/56

$264,900

3
Bedrooms
1,641
Square Feet
0.43
Acres
$158,500 | 208 Compton Drive, Frankfort, KY 40601

$158,500

3
Bedrooms
1,314
Square Feet
0.28
Acres
$420,000 | 713 Winterhaven Lane, Frankfort, KY 40601
1/89

$420,000

5
Bedrooms
2,736
Square Feet
0.53
Acres
$292,500 | 448 Stanley Street, Unit 446, Frankfort, KY 40601
1/38

$292,500

3
Bedrooms
1,300
Square Feet
0.07
Acres
$219,000 | 112 Valley Brook Drive, Frankfort, KY 40601
1/24

$219,000

3
Bedrooms
2,232
Square Feet
0.23
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 ImagineMLS. All rights reserved.