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Duplex with Detached Garage
New
For Sale
$349,900

828 Shelby Street, Frankfort, KY 40601

Residential Income, Frankfort, KY

Property Size2,678 SF
Lot Size0.30 Acres
Price / SF$130.66
Days on Market5

Property Features for 828 Shelby Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Zoning description residential
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5
Parking 35
Parking features On Street, Open
Elementary school Second St
Middle school Second St Middle
High school Frankfort
Elementary school district Frankfort Independent
Middle school district Frankfort Independent
High school district Frankfort Independent
Directions 828 Shelby St, Frankfort, KY 40601
Subdivision 014 - Franklin County
Standard status Active
APN 062-10-03-020.00
Size 2,678 SF
Lot size 0.30 Acres

Utilities

Heating system Natural Gas
Cooling system Electric

Building Details

Floors in Building 2
Roof type Shingle
Listing Agency: RO&CO Real Estate
Listed By: Nathan Dailey · License #222902
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 2 at 8:06AM
MLS# 26026875

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 duplex contains 2,678 square feet across two residences: one with two bedrooms and one bathroom, and the other with three bedrooms and one bathroom. A full basement is unfinished, and a detached three-car garage is also included. The property sits on a 0.298-acre lot and is being sold as-is.

The building is a short distance from the State Capitol Building in Frankfort. It is identified as a historic property that qualifies for historic tax credits.

Key Highlights

  • Two residences: one with 2 bedrooms and 1 bath; the other with 3 bedrooms and 1 bath
  • 2,678 square feet on a 0.298‑acre lot
  • Full unfinished basement

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 two residences have distinct two- and three-bedroom layouts, with one bathroom in each unit.
Where is this duplex located?
The property is located at 828 Shelby Street 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 bath; the other with 3 bedrooms and 1 bath; 2,678 square feet on a 0.298‑acre lot; Full unfinished basement
More about this property
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