514 Wapping Street Frankfort, KY 40601
MULTI_FAMILY - Frankfort, KY
Property size:
4,984 SFLot size:
0.32 AcresPrice / SF:
$98/SF- Added:
- Mar 20, 2026
- Days on Market:
- 49
- Last Refresh:
- May 7 at 2:06 am
Property Features for 514 Wapping Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 7
- Parking
- 2
- Standard status
- Active
- APN
- 061-24-01-023.00
- Size
- 4,984 SF
- Lot size
- 0.32 Acres
Utilities
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Central Air, Window Unit(s), Electric, Multi Units
Building Details
- Floors in Building
- 3
- Number of units
- 4
Listing agent Taylor A Marshall License #240458 (502) 319-2344
Listing office Marshall Lane Real Estate 112 E Main St., Frankfort, KY (502) 682-1226
Listing date Mar 20, 2026
MLS# 26005492
Listing URL
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HighLights
- Stunning river and downtown views from every level and a second‑story balcony.
- Income‑producing property with four existing units.
- Potential to convert the third floor into a fifth unit with excellent views.
- Private driveway for off‑street parking.
- Spacious rear deck overlooking Liberty Hall Gardens.
- Opportunity to transform into a single‑family residence.
Overview
Historic Frankfort Multifamily Investment Opportunity
This historic property, held by the same family for two generations, presents a rare opportunity. The well-maintained asset features views of the river and downtown Frankfort from large windows on every level, complemented by a second-story balcony. The property includes four units: one 2-bedroom, 2-bathroom unit, one 2-bedroom, 1-bathroom unit, and two 1-bedroom, 1-bathroom units. The third floor, previously used as living space, is currently utilized for storage but offers the potential to be converted into a fifth unit. Additional features include a private driveway for off-street parking and a spacious rear deck overlooking Liberty Hall Gardens. The property, situated on a 0.3202-acre lot, spans 4984 square feet. This versatile property also presents the opportunity to be transformed into a single-family residence. It is located in Frankfort, KY.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Franklin
- State
- Kentucky
- Longitude
- -84.882435
- Latitude
- 38.199328
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-producing property with river views and conversion potential.
Where is this quadplex located?
The property is located at 514 Wapping Street Frankfort, KY.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Stunning river and downtown views from every level and a second‑story balcony.; Income‑producing property with four existing units.; Potential to convert the third floor into a fifth unit with excellent views.
