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Brick Duplex
For Sale
$259,000
Pending

501-503 Williamsburg Road, Frankfort, KY 40601

Residential, Frankfort, KY

Property Size1,989 SF
Lot Size0.27 Acres
Days on Market8

Property Features for 501-503 Williamsburg Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 1, Living Room, Bathroom 2, Bedroom 2
Parking features Carport
Window features Screens, Blinds
Interior features Eat-in Kitchen, Primary First Floor, Ceiling Fan(s)
Appliances Refrigerator, Cooktop
Subdivision Colony
Lot features Few Trees
Elementary school Elkhorn Elem
Middle school Elkhorn Middle
High school Franklin Co
Elementary school district Franklin County - 14
Middle school district Franklin County - 14
High school district Franklin County - 14
Directions From I-64 Take Exit 53-B to US 127 North/Frankfort Merge onto US 127 towards Frankfort. Turn onto KY676 East-West connector. Continue towards Martin Luther Jr. Blvd From there turn onto Williamsburg Road and Duplex is on corner.
Standard status Pending
APN 074300401300
Size 1,989 SF
Lot size 0.27 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Floors in Building 1
Flooring type Laminate
Building materials Brick
Roof type Shingle
Architectural style Ranch
Listing Agency: Thwaites Realtors LLC
Listed By: Sue Kelley · License #216002
Added: Sep 3 Changed: Sep 9 Last Checked: Sep 10 at 11:06PM
MLS# 26024264

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,989-square-foot ranch duplex contains two residential units, each arranged with 2 bedrooms and 1 full bath. Built in 1973, the property has brick construction, laminate flooring, electric heat, central air, and a shingle roof. Interior features include eat-in kitchens, first-floor primary bedrooms, ceiling fans, refrigerators, cooktops, and laundry space. A carport provides covered parking.

The building occupies a 0.27-acre corner lot at 501-503 Williamsburg Road in Frankfort, Kentucky. Public water and public sewer serve the property, with cable available. One side is currently rented, providing an existing occupancy component for the next owner.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath on each side
  • 1,989 square feet on a 0.27‑acre corner lot
  • Brick ranch construction completed in 1973

Property Analytics

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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.

Lease Details

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 matching units offer bedroom-and-bathroom layouts, a carport, and public water and sewer service.
Where is this duplex located?
The property is located at 501-503 Williamsburg Road 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: Two‑unit duplex with 2 bedrooms and 1 full bath on each side; 1,989 square feet on a 0.27‑acre corner lot; Brick ranch construction completed in 1973
More about this property
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