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506 STEELE ST, Frankfort, KY, 40601
Apartment Portfolio with Two 9-Unit Complexes

506 STEELE ST Frankfort, KY 40601

For Sale
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Two 9-unit apartment complexes offer a mix of 1- and 2-bedroom units for residential income buyers.

Property Size13,338 SF
Price / SF$73.02
Days on Market62

Property Features for 506 STEELE ST

General Information

Standard status Active
Size 13,338 SF
Property subtype Multifamily

Building Details

Year Built 1940
Listing Agency: Van Wingerden Real Estate Advisors
Listed By: Tim VanWingerden · License #294433
Source: Crexi
Added: May 27 Changed: Jul 10 Last Checked: Jul 27 at 10:23AM

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 Van Wingerden Real Estate Advisors

Investment Insights

Based on property information with market context.

The offering presents Frankfort Portfolio Apartments, consisting of two separate 9-unit apartment complexes. The unit mix includes five 2-bedroom units and four 1-bedroom units per complex, providing a straightforward residential income configuration.

The properties are located at 506 Steele St in Frankfort, KY. The portfolio structure allows for ownership of two distinct complexes under a single offering.

This asset is well-suited for buyers seeking a residential apartment portfolio with a defined unit mix of 1- and 2-bedroom apartments. For operators and investors, the two-complex layout can offer flexibility in property management while maintaining consistent product types within the overall offering.

Key Highlights

  • Frankfort portfolio includes 2 separate apartment complexes
  • Each complex has 9 units, totaling 18 apartment units
  • Unit mix includes (5) 2‑bedroom units and (4) 1‑bedroom units in each complex

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Garden Center Locksmith (Bike/Boat/Book/etc) Store Electrical Service Pharmacy

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - Two 9-unit apartment complexes offer a mix of 1- and 2-bedroom units for residential income buyers.
Where is this apartment building located?
The property is located at 506 STEELE ST Frankfort, KY.
What is the asking price?
The asking price for this property is $973,999.
What are key features of this property?
This property features: Frankfort portfolio includes 2 separate apartment complexes; Each complex has 9 units, totaling 18 apartment units; Unit mix includes (5) 2‑bedroom units and (4) 1‑bedroom units in each complex
More about this property
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