2 months on rocket

505 Steele St, Frankfort, KY, 40601

$289,000

Home List Price

$3,432*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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505 Steele St, Frankfort$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built9999
HeatingElectric, Natural Gas
MLS #24003786
Lot Size0.15 Acres
StatusActive

About 505 Steele St

Here's one for your portfolio! Great opportunity to own a triplex in Frankfort in close proximity to the State Capital and Kentucky State University. Two of the units are currently rented, tenants pay their own utilities. Owner replaced the roof in 2020 and each unit received a new HVAC in 2020, 2021 and 2023. Units 505 and 507 are one-bed, one-bath. Unit 509 is a four-bed, two-bath unit. Property is being sold AS-IS but inspections are welcome! Call for your showing TODAY!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Elite Realty
  • Office Phone: (859) 408-7922

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas

School Info

Assigned Schools Information:

  • Frankfort High School, Public District Grades 9-12
  • Second Street School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Second Street to Steele Street. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
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Housing Market Comparison

See how this home compares to others in Frankfort, KY.

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Frankfort, KY

City

Med. Sold Price

$230K

Med. Price/SqFt

$154

Avg. Days On Market

34

# of Sold Homes

56

505 Steele St vs Frankfort

61 DAYS ON ROCKET

+27 Days

$289,000

+$59K More

KEY TAKEAWAY

This property is $59K more than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24003786

Listing Office:

  • Office Name: RE/MAX Elite Realty
  • Office Phone: (859) 408-7922

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, 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. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4447842
6
/10

  • Second Street School

  • 506 W 2nd St

  • 0.38 miles

  • Public District Grades KG-8

High School

school-card-donut-4447843
7
/10

  • Frankfort High School

  • 328 Shelby St

  • 0.14 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,125. The most common annual income of people living in Frankfort, KY is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Franklin County›Frankfort›40601›505 Steele St

This home is located at 505 Steele St in Frankfort, KY and zip code 40601. This home, which was built in 9999, sits on a 0.15 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $289,000.

Frankfort, KY housing market in April 2024 saw over 15 listings sold above listed price, more than 15 sold at listed price and over 26 sold below. In April 2024 in Frankfort, KY there were 13.8% more homes for sale than in March 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $230,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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