733 Woodland Avenue, Frankfort, KY 40601
$900,000
Property Type:
Residential Income
Bedrooms:
16
Baths:
16
Square Footage:
9,344
Lot Size (sq. ft.):
15,682
Status:
Closed
Current Price:
$900,000
List Date:
10/27/2025
Last Modified:
2/06/2026
Overview
Description
Listing Details MLS# 25504743
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Apartment
Status Change Information
- Status Change Timestamp
- 2026-01-07
- Purchase Contract Date
- 2025-11-14
- Close Date
- 2026-01-06
- Close Price
- 900000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
Address
- County
- Franklin
- Street Number
- 733
- Street Name
- Woodland
- Street Suffix
- Avenue
- State
- KY
- Zip Code
- 40601
- Directions
- 1. Start on I-64 W: If you're coming from the east or west, head toward Frankfort on I-64. 2. Take Exit 58 for US-127 S / US-60 W / Frankfort. 3. Continue on US-127 S: After taking the exit, stay on US-127 S and follow the signs for Frankfort. 4. Turn Left onto W Main St / US-60 W: Continue on US-60 W for about half a mile as you head toward downtown Frankfort. 5. Turn Right onto Woodland Ave: After passing the Capitol, take a right onto Woodland Ave. 733 Woodland Ave will be a short distance down on the left.
- Parcel Number
- 0621407022.00
Contract
- Original List Price
- 1200000
- Start Showing Date
- 2025-10-27
- Listing Contract Date
- 2025-10-27
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Summit Properties Woodland LLC
- Owner Phone
- 5023521500
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 3333333.33
- List Price/SqFt
- 128.42
- Sold Price/Acre
- 2500000
- Sold Price/SqFt
- 96.32
- SP/LP
- 0.75
Tax Legal
- MLS Area Major
- 014 - Franklin County
- Subdivision Name
- Downtown
- High School District
- Frankfort Independent
Interior
- Bedrooms Total
- 16
- Bathrooms Total
- 16
- Bathrooms Full
- 16
- Living Area
- 9344
- Living Area Source
- Public Records
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 32
Building
- Year Built
- 1978
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.36
- Lot Size Square Feet
- 15681.6
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Cable Available
- Yes
- Electricity Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- 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.
Building and Property Details
- Building Expansion Potential YN
- No
- Lot Expansion Potential YN
- No
- Furniture, Fixtures & Equipment YN
- No
Unit Details
- Number Of Units Vacant
- Yes
Showing Information
- Showing Instructions
- Showing Time, Listing Agent to be present at all showings
Tax & Legal
- Elementary School
- Second St
- Middle Or Junior School
- Second St Middle
- High School
- Frankfort
- Tax Rate
- 1.68
- Zoning
- AR
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 16
Cooling
- Wall Unit(s)
- Yes
Heating
- Baseboard
- Yes
- Other
- Yes
Laundry Features
- None
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Dimensional Style
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Restricted Hours
- Yes
- Showing Service
- Yes
Property Features
Utilities:
Cable Available; Electricity Available; Sewer Connected; Water Connected; Cable Available; Electricity Available; Sewer Connected; Water Connected
Cooling:
Wall Unit(s)
Heating:
Baseboard; Other
Laundry Features:
None
Listing Terms:
Cash; Conventional
Parking Features:
Paved
Possession:
Close Of Escrow
Roof:
Dimensional Style
Showing Requirements:
Call Listing Agent; Restricted Hours; Showing Service
Listing Office:
Heart of KY Real Estate
Last Updated: February - 06 - 2026
Information deemed reliable but not guaranteed.