Two-Unit Guesthouse
For Sale
$860,400
511-513 Capital Avenue, Frankfort, KY 40601
Separate entrances, shared outdoor amenities, and furnished accommodations at 511 Capital Avenue support short-stay operations.
Property Size4,255 SF
Price / SF$202.21
Days on Market114
Property Features for 511-513 Capital Avenue
General Information
Standard status
Active
Size
4,255 SF
Property subtype
Business
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Business Included
Yes
Amenities
patio with BBQ area
outdoor communal seating
fire pit
Listing Agency:
Marshall Lane Real Estate
(502) 682-1226
Listed By:
Mike Barnes · License #211818
(502) 320-1186
Source:
Mdmitchellrealestate
Added: Jul 10
Changed: Oct 29
Last Checked: Oct 29 at 2:39PM
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 Marshall Lane Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two guesthouse units at 511-513 Capital Avenue provide separate entrances and matching layouts, each with three bedrooms, two full bathrooms, one half bathroom, a kitchen, living area, and dining area. The 511 Capital Avenue unit will transfer furnished and professionally staged. Shared outdoor features include a patio, barbecue area, communal seating, and a fire pit, with off-street parking also available.
The property is in Frankfort, with access to city attractions, restaurants, government offices, and historic downtown described as part of its surrounding context. Its two-unit configuration and guesthouse setup support continued short-term rental or lodging use.
The property is in Frankfort, with access to city attractions, restaurants, government offices, and historic downtown described as part of its surrounding context. Its two-unit configuration and guesthouse setup support continued short-term rental or lodging use.
Key Highlights
- Two guesthouse units with separate entrances
- Each unit includes 3 bedrooms, 2 full bathrooms, and 1 half bathroom
- Two kitchens, two living areas, and two dining areas
Property Analytics
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Short term rental property - Separate entrances, shared outdoor amenities, and furnished accommodations at 511 Capital Avenue support short-stay operations.
Where is this short term rental property located?
The property is located at 511-513 Capital Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $860,400.
What are key features of this property?
This property features: Two guesthouse units with separate entrances; Each unit includes 3 bedrooms, 2 full bathrooms, and 1 half bathroom; Two kitchens, two living areas, and two dining areas
