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Corner-Lot Duplex
For Sale
$259,000
Pending

501-503 Williamsburg Rd, Frankfort, KY 40601

Two-unit property with matching two-bedroom, one-bath layouts and an existing rental occupant.

Property Size1,989 SF
Days on Market9

Property Features for 501-503 Williamsburg Rd

General Information

Standard status Pending
Size 1,989 SF
Property subtype Multi-Family

Building Details

Year Built 1973
Listing Agency: Thwaites Realtors LLC
Listed By: Sue Kelley · License #216002
Source: Centralkyhomesforsale
Added: Sep 3 Changed: Sep 9 Last Checked: Sep 10 at 10:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thwaites Realtors LLC

Investment Insights

Based on property information with market context.

Built in 1973, this 1,989-square-foot duplex at 501-503 Williamsburg Rd features two separate units with consistent layouts. Each side includes two bedrooms and one full bathroom, creating a straightforward configuration for residential occupancy or rental use. One unit is currently rented.

The property occupies a large corner lot in Frankfort, Kentucky, providing outdoor space beyond the building footprint. Its two-unit design also supports an owner-occupant arrangement with a separate rented unit, as described in the property information.

Key Highlights

  • 1,989‑square‑foot duplex at 501‑503 Williamsburg Rd
  • Two units, each with 2 bedrooms and 1 full bath
  • Built in 1973

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with matching two-bedroom, one-bath layouts and an existing rental occupant.
Where is this duplex located?
The property is located at 501-503 Williamsburg Rd Frankfort, KY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,989‑square‑foot duplex at 501‑503 Williamsburg Rd; Two units, each with 2 bedrooms and 1 full bath; Built in 1973
More about this property
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