501 W Broadway St Frankfort, KY 40601
Estimated payment $1,340/month
Highlights
- Bonus Room
- Home Office
- Living Room
- No HOA
- First Floor Utility Room
- 5-minute walk to Parks Department
About This Home
Located in the heart of downtown Frankfort, this historic property offers the perfect blend of character, charm, and versatility. Used as a private residence since 1977, it presents a rare opportunity for those looking to live, work, or invest in one of the city's most desirable locations. The upper level features a warm and inviting apartment complete with three spacious bedrooms, a full bathroom, and a functional kitchen—ideal for comfortable everyday living. The main level offers flexible space that can be tailored to fit your needs, whether you're dreaming of a charming antique shop, a small business, or even additional living space. This property is minutes away from Buffalo Trace and all the conveniences of downtown living. With its prime location and mixed-use potential, this property is perfect for homeowners, entrepreneurs, or investors alike. Don't miss the chance to make this downtown gem your own—schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $166
Lot Details
- 1,175 Sq Ft Lot
Home Design
- Block Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,856 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Window Screens
- Living Room
- Home Office
- Bonus Room
- First Floor Utility Room
- Utility Room
- Carpet
- Permanent Attic Stairs
- Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Bathroom on Main Level
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Schools
- Second St Elementary School
- Second St Middle School
- Frankfort High School
Utilities
- Central Air
- Heat Pump System
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 061-24-01-011.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $166 | $82,000 | $0 | $0 |
| 2023 | $169 | $82,000 | $0 | $0 |
| 2022 | $503 | $82,000 | $0 | $0 |
| 2021 | $197 | $82,000 | $0 | $0 |
| 2020 | $148 | $70,000 | $12,000 | $58,000 |
| 2019 | $148 | $70,000 | $12,000 | $58,000 |
| 2018 | $159 | $70,000 | $12,000 | $58,000 |
| 2017 | $362 | $70,000 | $12,000 | $58,000 |
| 2016 | $154 | $70,000 | $12,000 | $58,000 |
| 2015 | $956 | $70,000 | $12,000 | $58,000 |
| 2011 | $956 | $70,000 | $12,000 | $58,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $250,000 | -- | $88 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25503386
APN: 061-24-01-011.00
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