511-513 Capital Avenue 511-513, Frankfort, KY 40601

New Listing
$798,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 4,232 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $798,000 List Date: 11/04/2026 Last Modified: 11/05/2026

Overview

Description

TWO BEAUTIFUL GUESTHOUSES. ONE INCREDIBLE OPPORTUNITY! Welcome to 511-513 Capital Avenue in Frankfort! This charming and distinctive property offers TWO beautifully furnished, thoughtfully staged, turnkey-ready guesthouses, each designed to make guests feel right at home. Each unit features 3 bedrooms, 2 full bathrooms, and 1 half bath, along with a fully equipped kitchen, inviting living space, and dedicated dining area. Full of character, warmth, and functionality, both units offer separate living quarters and comfortable spaces perfect for hosting families, traveling professionals, and vacation guests. Step outside to enjoy the inviting patio, BBQ grilling area, communal seating, and fire pit — the perfect setting to relax and unwind. Conveniently located near historic downtown Frankfort, The Bourbon Trail, local restaurants, the KY Capital, attractions, and government offices, this unique property offers an exciting opportunity for investors or anyone ready to step into multi-hou ...

Listing Details MLS# 26030419

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Status Change Timestamp
2026-11-04

Address

County
Franklin
Street Number
511-513
Street Name
Capital
Street Suffix
Avenue
Unit Number
511-513
State
KY
Zip Code
40601
Inside City Limits YN
Yes
Directions
from US 127 South Use the left 2 lanes to turn left onto KY-676 E/East-West Connector 1.5 mi Turn left onto KY-420 N 1.6 mi Turn right onto Capital Ave Destination will be on the right.
Parcel Number
062-32-03-020.00
Tax District
Old City (District 3)

Contract

Original List Price
798000
Start Showing Date
2026-11-04
Listing Contract Date
2026-11-02
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
188.56

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Capital View
High School District
Franklin County

Interior

Bedrooms Total
6
Bathrooms Total
7
Bathrooms Full
4
Bathrooms Half
3
Above Grade Finished Area
4232
Living Area
4232
Living Area Source
Public Records
Basement YN
No
Fireplace YN
Yes
Fireplaces Total
Yes

More Information

Parking Information

Garage YN
No
Carport YN
No

Building

Year Built
9999
Home Warranty YN
No
Accessibility Features YN
No

Lot

Lot Size Source
Public Records
Lot Size Acres
0.3
Lot Size Square Feet
13068
Pool Private YN
No
Waterfront YN
No
Water Body Access YN
No
Horse YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
TWO BEAUTIFUL GUESTHOUSES. ONE INCREDIBLE OPPORTUNITY! Welcome to 511-513 Capital Avenue in Frankfort! This charming and distinctive property offers TWO beautifully furnished, thoughtfully staged, turnkey-ready guesthouses, each designed to make guests feel right at home. Each unit features 3 bedrooms, 2 full bathrooms, and 1 half bath, along with a fully equipped kitchen, inviting living space, and dedicated dining area. Full of character, warmth, and functionality, both units offer separate living quarters and comfortable spaces perfect for hosting families, traveling professionals, and vacation guests. Step outside to enjoy the inviting patio, BBQ grilling area, communal seating, and fire pit — the perfect setting to relax and unwind. Conveniently located near historic downtown Frankfort, The Bourbon Trail, local restaurants, the KY Capital, attractions, and government offices, this unique property offers an exciting opportunity for investors or anyone ready to step into multi-housing or the hospitality business. Both units are beautifully furnished, staged, and ready for their next chapter! TWO UNITS. SIX BEDROOMS. ENDLESS POSSIBILITIES!
AI Enhanced or Modified Images
Virtual Renovation

Amenity Fee Details

Amenity Fee YN
No

Room Types

Bathroom 1 Level
First
Bathroom 2 Level
First
Bathroom 3 Level
First
Bathroom 4 Level
Second
Bathroom 5 Level
Second
Bedroom 2 Level
Second
Bedroom 3 Level
Second
Bedroom 5 Level
Second
Bonus Room Level
First
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Office Level
Second
Other Level
Second
Primary Bedroom Level
Second

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator; Washer Architectural Style: Craftsman Attic Features: Access Only Basement: Crawl Space Construction Materials: Aluminum Siding Cooling: Central Air; Geothermal Exterior Features: Awning(s); Fire Pit; Garden; Outdoor Grill; Storm Door(s) Fireplace Features: Living Room Flooring: Hardwood; Tile Foundation Details: Block; Stone Heating: Forced Air; Heat Pump; Natural Gas Interior Features: Entrance Foyer; In-Law Floorplan; Soaking Tub; Wet Bar Laundry Features: Main Level Levels: Two Lot Features: Few Trees; Secluded Parking Features: Driveway; On Street Patio And Porch Details: Rear Patio; Covered Porch; Rear Porch Patio And Porch Features: Deck; Patio; Porch Possession: Close Of Escrow; Negotiable Roof: Metal; Shingle Sewer: Public Sewer Structure Type: House; Multi Family Water Heater: Gas Water Source: Public Window Features: Window Treatments Showing Requirements: Showing Service

Room Information

Room Name Level Remarks
Primary Bedroom Second
Kitchen First
Living Room First
Bedroom 2 Second
Bedroom 3 Second
Bathroom 4 Second
Bedroom 5 Second
Bathroom 1 Second
Bathroom 1 First
Bathroom 2 First
Bathroom 3 First
Bathroom 4 Second
Bathroom 5 Second
Other Second Half Bathroom
Office Second
Dining Room First
Kitchen First
Dining Room First
Bonus Room First Bar/Lounge
Listing Office: The Agency
Last Updated: November - 05 - 2026
Information deemed reliable but not guaranteed.