Skip To Content

514 Wapping Street

Frankfort, KY 40601
  • $497,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 26005492
UPDATED: 152 min ago
$497,000
  • 7
    BEDS
  • 0.32
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,984
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Rare opportunity to own a historic, income-producing property held by the same family for two generations. This well-maintained asset offers stunning river and downtown views from large windows on every level, along with a second-story balcony to fully enjoy the setting. The property features four thoughtfully laid-out units: First floor: one 2 bed / 2 bath unit and one 2 bed / 1 bath unit Second floor: two 1 bed / 1 bath units The third floor, once used as living space, is currently utilized for storage but offers excellent potential to be converted into a fifth unit, capitalizing on some of the best views in the building. Additional highlights include a private driveway for off-street parking and a spacious rear deck overlooking the beautiful Liberty Hall Gardens, providing a peaceful and scenic backdrop. This versatile property also presents the opportunity to be transformed into a stunning single-family residence. Lovingly cared for over decades, it offers both charm and confidence for its next owner—whether as an investment or a unique personal home.

Monthly Payment Calculator



The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/174297534
Print Image

514 Wapping Street Frankfort, KY 40601

  • Price: $497,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 152 min ago
  • MLS #: 26005492
7
Beds
5
Baths
0
½ Baths
0.32
Acres
4,984
SQFT
$100
$/SQFT
Neighborhood:
Downtown
County:
Franklin
Area:
Franklin County
Elementary School:
Second St
Middle School:
Second St Middle
High School:
Frankfort
School District:
Frankfort Independent
Property Description
Rare opportunity to own a historic, income-producing property held by the same family for two generations. This well-maintained asset offers stunning river and downtown views from large windows on every level, along with a second-story balcony to fully enjoy the setting. The property features four thoughtfully laid-out units: First floor: one 2 bed / 2 bath unit and one 2 bed / 1 bath unit Second floor: two 1 bed / 1 bath units The third floor, once used as living space, is currently utilized for storage but offers excellent potential to be converted into a fifth unit, capitalizing on some of the best views in the building. Additional highlights include a private driveway for off-street parking and a spacious rear deck overlooking the beautiful Liberty Hall Gardens, providing a peaceful and scenic backdrop. This versatile property also presents the opportunity to be transformed into a stunning single-family residence. Lovingly cared for over decades, it offers both charm and confidence for its next owner—whether as an investment or a unique personal home.
Exterior Features

Attached Garage YN No Parking Features On Site Roof Dimensional Style

Interior Features

Building Area Total 4984 Cooling Central AirElectricMulti UnitsWindow Unit(s) Cooling YN Yes Heating ElectricNatural Gas Heating YN Yes Laundry Features []

Property Features

Accessibility Features YN No Association Amenities [] Association Fee Includes [] Community Features [] Listing Terms [] Other Equipment [] Property Condition [] Property Sub Type Quadruplex Security Features [] Special Listing Conditions [] Structure Type Quadruplex Utilities []

Bluegrass REALTORS® logo Listing provided courtesy of Taylor A Marshall of Marshall Lane Real Estate: 502-682-1226 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20260319184222847395000000-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20260319184222847395000000-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20260319184222847395000000-2.jpg
Logo
The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502