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    Frankfort, KY
    Quadplex

    Frankfort, KY Quadplexes for Sale

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    Midway, KY Versailles, KY Lawrenceburg, KY Bagdad, KY Georgetown, KY Waddy, KY Stamping Ground, KY Marion, KY
    Four-Unit Multifamily Investment
    Updated: Mar 20
    Four-Unit Multifamily Investment

    514 Wapping Street, Frankfort, KY 40601

    $479,000
    4,984 sqft 0.32 AC lot
    Four‑unit investment property at 514 Wapping Street in Historic Downtown Frankfort, 100% occupied
    Current gross rental income of $4,810/month ($57,720/year) from a fully leased unit mix
    Recent capital improvements include a newer roof, professional exterior painting, updated electrical service, and new water heaters
    Owner pays approximately $500/month for water, electric, sewer, and trash; tenants pay their own natural gas heating
    Unit mix: two 2BR/2BA units at $1,630/month; two 2BR/1BA units at $1,230/month and $1,200/month; one 1BR/1BA at $750/month (long‑term tenant ~20 years)
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    Four-Unit Multifamily with Oversized Living
    Updated: May 20
    Four-Unit Multifamily with Oversized Living

    201-203 W Campbell Street, Frankfort, KY 40601

    $399,999
    3,400 sqft 0.18 AC lot
    4‑unit multifamily property in Frankfort with large 1‑bedroom, 1‑bath layouts in each unit
    Current rents total $3,425/month, with room to increase rents toward market rates
    Oversized living rooms in each unit that could potentially function as a second bedroom or flex space
    Central air cooling and electric heating
    Built in 1926
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Four-Plex Income Property
    Turn-Key Four-Plex Income Property

    509 W 3rd Street, Lexington, KY 40508

    $625,000
    3,585 sqft 0.18 AC lot

    Fully leased four-plex with updated heating and cooling, separately metered electrical, and in-unit washer/dryer in each unit.

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    Renovated Fourplex Income Property
    Renovated Fourplex Income Property

    1041-1043 Cross Keys Road, Lexington, KY 40504

    $799,000
    7,056 sqft 0.59 AC lot

    Two fully renovated four-plex buildings sold together, offering eight long-term occupied units with central HVAC.

    View details
    Mixed-Use Daycare and Apartment Building
    Mixed-Use Daycare and Apartment Building

    380 Amsden Avenue, Versailles, KY 40383

    $600,000
    8,448 sqft 1.15 AC lot

    Daycare with four fully occupied apartment units above, including two 2-bedroom and two 1-bedroom layouts.

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    Day Care and Apartment Building
    Day Care and Apartment Building

    380 Amsden Ave, Versailles, KY 40383

    $600,000
    8,448 sqft 1.15 AC lot

    Daycare facility with four fully occupied apartments above, including two 2-bedroom and two 1-bedroom units.

    View details

    Frankfort, KY Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 8,384 square feet of properties for sale, with an estimated market value of $878,999.

    Sale prices for four-unit buildings in Frankfort, KY start at $399,999, averaging $439,499, and reaching up to $479,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Quadplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 52K
    Population Growth (5Y) +1.1%
    Median Household Income $67,125
    College Educated 5.0%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40601 $439.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $43.09 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Franklin County

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