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$280,000   Price Analysis
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505 Steele St
Frankfort, KY 40601
6 bed 4 bath unknown SqFt ($0/SqFt)
6,500SqFt lot.
Listed 2024-03-01, Taxes $975		Ⓧ USDA Ineligible
due to location
near Frankfort

Here's one for your portfolio!

Great opportunity to own a triplex in Frankfort in close proximity to the State Capital and Kentucky State University. ALL units are currently rented, tenants pay their own utilities. Owner replaced the roof in 2020 and ach unit received a new HVAC in 2020, 2021 and 2023.

Units 505 and 507 are one-bed, one-bath. Unit 509 is a four-bed, two-bath unit, (photos are of the four-bed unit). Property is being sold AS-IS but inspections are welcome. Call for your showing TODAY!


Presented by Angie Stamper at
Re/Max Elite Lexington.
Listing Agent Photo

Property MLS #24003786 from BLUEGRASS

Bedrooms: 6

Total Bathrooms: 4.00
Full Bathrooms: 4

Heating Features: Electric, Natural Gas

Lot Size Acres: 0.1492195
Lot Size Square Feet: 6500

Elementary School: Second St
High School: Frankfort
Middle School: Second St Middle
School District: Franklin County - 14

Frankfort High School is a public high school located approximately 0.1 miles away.
directions icon Map directions

Second Street School is a public elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

Good Shepherd School is a private elementary and middle school located approximately 0.5 miles away.
directions icon Map directions

Number of Units: 3

Source Listing Status: Active
County: Franklin
Directions: Second Street to Steele Street. Property is on the left.
Source Property Type: Multi-Housing
Area: 014 - Franklin County
Source Neighborhood: South Frankfort
Subdivision: South Frankfort
Zoning: residential
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2021$185,000 + $20,000
$205,000		$975
2020$180,000 + $20,000
$200,000		$962
2019$143,000 + $20,000
$163,000		$785
2018$143,000 + $20,000
$163,000		$801
2017$75,000 + $15,000
$90,000		$421
2016$75,000 + $15,000
$90,000		$419
2015$75,000 + $15,000
$90,000		$416
2014$75,000 + $15,000
$90,000		$414
2013$75,000 + $15,000
$90,000		$411
2012$75,000 + $15,000
$90,000		$392
2011$75,000 + $15,000
$90,000		$384
2005$75,000 + $15,000
$90,000		$329

Price Changed 2024-05-20
$280,000
BLUEGRASS
Price Changed 2024-04-18
$289,000
BLUEGRASS
Listed 2024-03-01
$299,000
BLUEGRASS
Sold 2020-04-30
$205,000
BLUEGRASS
Listed 2019-10-01
$210,000
BLUEGRASS
Listing removed 2010-04-12
$209,900
BLUEGRASS
Listed 2009-10-13
$209,900
BLUEGRASS
Sold 1999-12-31
$70,000
Public Record
Sold 1995-10-07
$67,500
Public Record
Sold 1994-05-10
$58,000
Public Record
Sold 1987-04-16
$56,000
Public Record

Roof: Composition
Levels or Stories: Two
Structure Type: Triplex
Click Thumbnail Images To View Full Size
house_viewhouse_viewunknownporchporch
house_viewunknownhouse_viewliving_roomkitchen
unknownunknownbathroomunknownunknown
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.