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    Historic Frankfort Multifamily Investment Opportunity Title is generated by Realmo AI

    514 Wapping Street, Frankfort, KY 40601

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    Claim this Listing
    For Sale
    $489,000

    MULTI_FAMILY - Frankfort, KY

    Property size:
    4,984 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $98/SF
    Added:
    Mar 20, 2026
    Days on Market:
    87
    Last Refresh:
    Jun 14 at 12:06 am

    Property Features for 514 Wapping Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bedroom 7, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1
    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
    Multi Units, Central Air, Electric, Window Unit(s)

    Building Details

    Floors in Building
    3
    Number of units
    4

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    Listing Contact
    Taylor A Marshall

    Listing agent Taylor A Marshall License #240458

    Listing office Marshall Lane Real Estate 112 E Main St., Frankfort, KY

    Listing date Mar 20, 2026

    MLS# 26005492 Listing URL

    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.

    HighLights

    • Four‑unit layout: two 2BR units on the first floor and two 1BR/1BA units on the second floor
    • Third floor currently used for storage (previously living space) and offers potential to be converted into a fifth unit
    • River and downtown views from large windows on every level, plus a second‑story balcony
    • Spacious rear deck overlooking Liberty Hall Gardens
    • Private driveway provides off‑street parking
    • Heating includes natural gas and electric (heating); cooling includes central air, electric, and window unit(s)

    Overview

    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 Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.882435
    Latitude
    38.199328

    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: Four‑unit layout: two 2BR units on the first floor and two 1BR/1BA units on the second floor; Third floor currently used for storage (previously living space) and offers potential to be converted into a fifth unit; River and downtown views from large windows on every level, plus a second‑story balcony
    More about this property
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