Wonderful investment opportunity to own a fully occupied fourplex in Frankfort. Multiple units have been renovated in the past several years. A renovation in Unit 4 was performed including paint and flooring in 2021. A renovation in Unit 2 was performed including paint, flooring, and new appliances in 2025. The other two units were updated shortly before current ownership purchased in 2020. Two furnaces are less than 2 years old. The roof is approximately 6 years old.
There is a detached garage that the new owner could use for storage or rent out as additional income.
Sold for $330,000
$330,000
1517 Steadmantown Ln, Frankfort, KY 40601
8beds
3,401sqft
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
$97/sqft
$1,583 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,583/mo
Zestimate® history
Owner options
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$2,028/mo
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List your homeWhat's special
Detached garageNew appliances
Zillow last checked:
Listing updated:
Listed by:
Alexander L Heister 859-620-0770,
Keller Williams Bluegrass Realty
Bought with:
Null Non-Member
Non-Member Office
Source: Imagine MLS,MLS#: 25009651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Electric
Interior area
- Total structure area: 3,401
- Total interior livable area: 3,401 sqft
Property
Parking
- Total spaces: 10
- Parking features: On Site
Lot
- Size: 0.54 Acres
Details
- Parcel number: 0844001006.00
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
Community & HOA
Community
- Subdivision: Indian Hills
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $210,000
- Annual tax amount: $323
- Date on market: 5/9/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $330,000-2.1%$97/sqft |
Source:  Imagine MLS #25009651 Report a problem | ||
| 7/20/2025 | Pending sale | $337,000$99/sqft |
Source: Imagine MLS #25009651 Report a problem | ||
| 6/26/2025 | Contingent | $337,000$99/sqft |
Source: Imagine MLS #25009651 Report a problem | ||
| 6/8/2025 | Price change | $337,000-3.7%$99/sqft |
Source: Imagine MLS #25009651 Report a problem | ||
| 5/9/2025 | Listed for sale | $350,000+66.7%$103/sqft |
Source: Imagine MLS #25009651 Report a problem | ||
| 8/7/2020 | Sold | $210,000-4.5%$62/sqft |
Source: Imagine MLS #20012775 Report a problem | ||
| 7/6/2020 | Pending sale | $220,000$65/sqft |
Source: Frankfort Realty #20012775 Report a problem | ||
| 6/25/2020 | Listed for sale | $220,000+33.3%$65/sqft |
Source: Frankfort Realty #20012775 Report a problem | ||
| 5/28/2019 | Sold | $165,000-2.9%$49/sqft |
Source:  Imagine MLS #1905687 Report a problem | ||
| 3/25/2019 | Pending sale | $169,900$50/sqft |
Source: Kentucky Elite Real Estate #1905687 Report a problem | ||
| 3/22/2019 | Listed for sale | $169,900+151.7%$50/sqft |
Source: Kentucky Elite Real Estate #1905687 Report a problem | ||
| 10/3/2013 | Sold | $67,500-50%$20/sqft |
Source: Imagine MLS #1317448 Report a problem | ||
| 5/31/2006 | Sold | $135,000$40/sqft |
Source: Imagine MLS #622842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | $323 | $210,000 +55.6% |
| 2019 | -- | $135,000 +28.6% |
| 2018 | -- | $105,000 +5% |
| 2017 | $1,340 | $100,000 |
| 2016 | $1,340 | $100,000 |
| 2015 | $1,340 | $100,000 |
Find assessor info on the county website
Neighborhood: 40601
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Nearby schools
GreatSchools rating
- 4/10Elkhorn Elementary SchoolGrades: 1-5Distance: 1.4 mi
- 5/10Elkhorn Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Franklin County High SchoolGrades: 9-12Distance: 1 mi
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- Kentucky
- Franklin County
- Frankfort
- 40601
- 1517 Steadmantown Ln
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