KY
Franklin
Frankfort
40601
506 Steele Street 1-5
506 Steele Street 1-5, Frankfort, KY 40601
Share Listing
Listing Type
Condo/Townhome
Listing Status
Active
49
$599,900

Home Details for 506 Steele Street 1-5

Price
$599,900
Type
Residential Income
Bedrooms
10
Total Bathrooms
5
Full Bathrooms
5
Square feet
4250
Year built
1926
Lot size acres
0.23
County
Franklin
Days on site
8
MLS Listing#
26011504
Property Description

506 Steele is a unique 5-unit multifamily property in a great Frankfort location within walking distance to the Kentucky State Capitol and downtown amenities. The property features four large 2 bedroom, 1 bathroom units with a private sun room, along with a distinctive penthouse unit. This well-built building has strong curb appeal and character that stands out from typical apartment properties. Current rents are $4,320 per month with plenty of upside to raise rents to market rates. Rent roll and financials available on Flex. Property can also be packaged together with 201-203 Campbell for investors looking to expand their portfolio with additional Frankfort multifamily units.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
School Information
School Information for 506 Steele Street 1-5, Frankfort, KY 40601
Elementary School
Second St
Middle School
Second St Middle
High School
Franklin Co
Listing Courtesy: Lifstyl Real Estate - 859-278-7501
Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than EXIT Realty, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright ©2026 Bluegrass REALTORS®. All Rights Reserved.
Last Updated: 2026-05-28 01:20:09
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Lexington-Bluegrass Association of Realtors.
EXIT REALTY CRUTCHER
60 Devils Hollow Rd, Frankfort, KY 40601
Kenny Hawkins
License #: 215465
Sales Representative
Office
502 783 6060
Agent
502 680 6195
Request more details
Code: