1517 Steadmantown Lane, Frankfort, KY 40601 (MLS# 25009651)

$350,000

1517 Steadmantown Lane
Frankfort, KY 40601
MLS# 25009651
8 beds | 4 baths | 3401 sqft

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Property Description
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.

Details

Documents

Location Tax Legal Info

Street #: 1517

Street Name: Steadmantown

County: Franklin

State/Province: KY

Zip Code: 40601

Area: 014 - Franklin County

Subdivision: Indian Hills

Tax ID: 084-40-01-006.00

Contract Info

Status: Active

Listing Date: 2025-05-09

Current Price: $350,000

Original List Price: 350000

Listing Price: 350000

General Property Description

Number of Buildings: One

Number of Stories: Two

# of Bedrooms: 8

# of Full Baths: 4

Total Baths: 4

Year Built: 9999

Approximate Living Area: 3401

Lot Size Acres: 0.54

Lot Size Square Feet: 23522

Remarks Misc

Directions: Turn onto Steadmantown Lane from Georgetown Road. Fourplex will be on the LEFT before the dead end into Schenkel Lane.

Status Change Info

Status Change Date: 2025-05-09

Zoning

Current Zoning: Residential

Miscellaneous

Age of Roof: 6

Financial Info

Gross Scheduled Rental Income: 36000

Electric: 10

Sewer & Water: 100

Unit Info

# of Units: 4

Property Features

Structure Type: Quadruplex

Roof: Composition

Parking: 6 - 10 Spaces; On Site

Heating: Natural Gas

Cooling: Electric

Listing Office: Keller Williams Bluegrass Realty

Last Updated: May - 11 - 2025

This data is copyrighted by Lexington-Bluegrass Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is a violation of copyright laws and is strictly prohibited. Property information Copyright 2020 Lexington-Bluegrass Association of Realtors. All Rights Reserved. Information has not been verified, is not guaranteed and subject to change.

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