Unique Two Property Portfolio 2 Properties Offered at $975,000 in La Grange, KY

Located in the heart of historic downtown LaGrange, this dual-building investment offering presents a rare opportunity to acquire a versatile and income-generating asset in one of Oldham County’s most walkable and community-oriented districts. The portfolio includes 311 W Jefferson Street, a multi-level structure with a full basement, garage, and a second-floor apartment. The first floor is currently leased to a drum school on a month-to-month basis, offering flexibility for owner-users or investors seeking stable income with upside potential.
Just steps away, 312 W Main Street operates as a duplex with an existing upstairs tenant and potential for easy conversion to a single-family residence. Both buildings benefit from private driveways, street parking, and approximately 14 dedicated on-site spaces. The combined lot spans 0.46 acres and totals approximately 8,906 square feet across both buildings, offering ample room for adaptive reuse, expansion, or continued rental operations.
Surrounded by local landmarks such as LaGrange Springs Park, the Community Center, and the Copper Awning Flea Market, the property is ideally positioned for residential, creative, or service-oriented uses. With R-4 zoning and proximity to major thoroughfares including Highway 71, this offering is well-suited for investors seeking a foothold in a growing suburban market with strong community engagement and walkable amenities.