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Two-Unit Historic Duplex
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 Market3

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 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1
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: Oct 2 Last Checked: Oct 4 at 1:06PM
MLS# 26027368

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 historic duplex contains 2,678 square feet across two separate living areas. One residence has 3 bedrooms and 1 full bath; the other has 2 bedrooms and 1 full bath. The property occupies a 0.298-acre lot and is zoned R. Its shingle roof is supplemented by natural gas heating and electric cooling.

Located at 828 Shelby Street in Frankfort, Kentucky, the property also offers on-street and open parking. The existing two-unit configuration and distinct bedroom layouts define the building’s current residential setup.

Key Highlights

  • 2,678 square feet in a two‑unit duplex
  • Unit mix: 3 bedrooms and 1 full bath; 2 bedrooms and 1 full bath
  • 0.298‑acre lot

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer a 3-bedroom layout and a 2-bedroom layout, each with one full bathroom.
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: 2,678 square feet in a two‑unit duplex; Unit mix: 3 bedrooms and 1 full bath; 2 bedrooms and 1 full bath; 0.298‑acre lot
More about this property
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