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733 Woodland Avenue, Frankfort, KY 40601

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For Sale

$1,200,000

16 beds • 16 baths • 9,344 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Apartment
    Property type

  • $128.42
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

This well-maintained two-story brick building offers an exceptional investment opportunity in the heart of downtown Frankfort. Comprising 16 updated one-bedroom, one-bath apartment units, the property is located just one block from the Kentucky State Capitol, providing a highly desirable location with strong rental demand. The building is within walking distance of key government buildings, local amenities, and public transportation, making it an attractive choice for both tenants and investors alike. Each unit has been thoughtfully updated with modern finishes, providing functional living spaces that appeal to a wide range of renters. With its prime location and recent updates, this property offers solid long-term investment potential. The brick construction ensures durability, while the property's low-maintenance nature makes it an appealing option for investors seeking a hassle-free income stream. For further details and to request the rent roll, please contact the listing agent.
MLS# 25504743

Courtesy Of Heart of KY Real Estate

(502) 600-1988

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Cable Ready
  • Heating System
    Baseboard
  • Lot Size
    0.36 Acres

Map and Directions

Directions to 733 Woodland Avenue, Frankfort, KY 40601

Home seller CENTURY 21 Commonwealth Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Commonwealth Real Estate

(502) 226-2121
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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.