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506 Steele St

506 Steele St, Frankfort, KY 40601

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Overview

VWREA is pleased to offer Frankfort Portfolio Apartments, an offering of 2 separate complexes of 9 units in Frankfort, KY. The unit mix consists of (5) 2-bedroom apartment units & (4) 1-bedroom apartment units.

Prime Location

Frankfort Portfolio Apartments are near shopping, dining, and entertainment options and around the corner from the Kentucky State Capitol. Additionally, tenants benefit from easy access to Kentucky State University and Capitol City Airport

Key City Investments

The 134,000-square-foot Target will anchor The Paddocks of Frankfort, which is a mixed-use development project on the city’s west side. The $150 million project is the largest in city and county history.

Montaplast of North America has ~700 local employees after it’s recent expansion

For Sale

Multifamily
Sale Price
$1,019,000
Price Per SF
$76.40/SF
Building Size
13,338 SF
Acres
0.2165 ac
Zoning
SC
Zoning Desc.
Special Capitol District
Building Name
Frankfort Portfolio
Floors
2
Year Built
1940
Submarket
Kentucky East Area
Total Units
9
County
Franklin
Listed
05/27/2026
Updated
05/27/2026
Listing ID
89e72127
Parcel APN
062-13-17-003.00