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Two-Unit Duplex with Detached Garage
For Sale
$349,900

828 Shelby St, Frankfort, KY 40601

The residences have different bedroom configurations, and one includes a full unfinished basement.

Property Size2,678 SF
Price / SF$130.66
Days on Market10

Property Features for 828 Shelby St

General Information

Standard status Active
Size 2,678 SF
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2
Listing Agency: Spotlight Realty LLC
Listed By: Amy Boone · License #212432
Source: Sweethomeky
Added: Oct 4 Changed: Oct 13 Last Checked: Oct 12 at 7:38PM

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 Spotlight Realty LLC

Investment Insights

Based on property information with market context.

This duplex contains two residences: one with 2 bedrooms and 1 bathroom, and another with 3 bedrooms and 1 bathroom. A full unfinished basement is part of the property, along with a detached garage sized for 3 cars. The property qualifies for historic tax credits and is being sold as-is.

At 828 Shelby St in Frankfort, the property is described as steps from the State Capitol Building.

Key Highlights

  • Two residences: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom
  • Full unfinished basement
  • Detached 3‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Big Box & Wholesale Store Nail Salon Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store

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

261
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 - The residences have different bedroom configurations, and one includes a full unfinished basement.
Where is this duplex located?
The property is located at 828 Shelby St Frankfort, KY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom; Full unfinished basement; Detached 3‑car garage
More about this property
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