511-513 Capital Avenue
Frankfort, KY, 40601 $ 860,400
Bedrooms5 Baths3.4 Sq 4,255 Monthly Estimate*
$ 5,943
for $860,400 with 5 bedrooms and 3 full baths, 4 half baths. This 4,255 square foot home was built on a lot size of 0.3.
Please see Business Opportunity listing MLS ID 26017337 regarding the potential Turnkey Fully Furnished Short Term Rental this property may offer for those buyers interested in a commercial, versus residential, use of this property. Looking for a larger home with historic charm and modern amenities in a great location? Welcome to 511-513 Capital Avenue, a renovated home with an attention to detail, currently configured with 3 bedrooms, all with en suite bathrooms, 4 half bathrooms, 2 kitchens, 2 pantries, 2 dining rooms, living room, lounge/barroom, office & bonus/sewing/work room. The location of the rooms, extra bathrooms, access routes, two stairways, and five entrances, provide a number of possible alternative uses for this property (some uses may be subject to approval). Numerous updates & upgrades include new furnaces and A/C's for 1st floor and heat pumps for the 2nd floor. See attached for complete list of improvements. Outside, find a semi-private, shaded, fully landscaped front yard, a driveway to the back with ample parking and beyond, a graveled area featuring a wood-burning fire pit with cooking grate. The rear deck near one of the kitchens provides a cozy spot for morning coffee/tea or an evening beverage. Buyer to verify all features and aspects of property including but not limited to boundaries, square feet, water, sewer, schools, zoning, and suitability.
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FeaturesInteriorInterior Amenities Entrance Foyer Walk-In Closet(s)
Basement Crawl Space Exterior Entry Partial Unfinished
Flooring Hardwood Tile Wood
Total Fireplaces 4
Fireplace Features Dining Room Electric Living Room Masonry Primary Bedroom
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 4255.0
Half Baths 4
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 0.0
Total Baths 7
Heating-Heat Pump True
Heating-Forced Air True
Heating-Natural Gas True
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GeneralSewer Public Sewer
Heating Forced Air Heat Pump Natural Gas Zoned
Cooling Central Air Electric Heat Pump Multi Units Zoned
Possession Close Of Escrow
Roof Metal Shingle
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Patio/Porch Features Deck Porch Front Porch
Construction Materials Aluminum Siding
Year Built 9999
View Neighborhood Trees/Woods
Levels Two
Property Subtype Single Family Residence
Parcel Number 062-32-03-020.00
County Franklin
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name South Frankfort
Garage Y/N N
Total Rooms 25
Full Baths 3
Status Active
Directions From Louisville Rd (US 60) at US 127 drive easy on Louisville Rd for 0.7 bear left onto Lafayette Dr. in 0.3 mile turn left onto Shelby St. In 0.1 mile turn right onto State St. In 500 ft enter th
High School Frankfort
City Frankfort
High School District Frankfort Independent
MLS Area 014 - Franklin County
Lot Size Units Acres
Lot Size Square Feet 12910.0
Carport Y/N N
Elementary School Second St
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Second St Middle
MLS Area Minor 014 - Franklin County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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ExteriorExterior Amenities Fire Pit
Parking Features Driveway Off Street
Lot Features Few Trees Landscaped
Water Source Public
Lot Size Area 0.3
Foundation Details Block Stone
Building Area Total 4255.0
Lot Size Acres 0.3
Lot Size Source Public Records
Waterfront Y/N N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByMarshall Lane Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,943
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Frankfort, KY
Average List Price $390,891
Percent of Sale Price 55%
About Frankfort, KY 28,237 Population
3% Since 2002
$ 45,871 Median Income
38.14 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3453210 Elementary School
3453211 Middle School
Frankfort High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $860,400 | -2.00% | Price Down |
| 7/10/2026 | $878,000 | | Listed Price |