For Sale186d on market
501 W Broadway St
Frankfort, KY, 40601 • 40601 • Franklin County
$230,000
$81/sqft
-$15,000 since Mar 1, 2026
Down payment assistance available
3Beds
2Baths
2,856Sqft
0.03 acLot
Property DNA
Downtown
40601
This home is getting attention
Listed 186 days ago · 841 views · 40 saves
Market activity
Demand and pricing signals for this listing
841 views
People checking out this listing
40 saves
Buyers have saved this home
186 days on market
Established listing
$81/sqft
Price per square foot
About this home
Single Family
Motivated seller!! Located in the heart of downtown Frankfort, this historic property offers the perfect blend of character, charm, and versatility. Used as a private residence since 1977, it presents a rare opportunity for those looking to live, work, or invest in one of the city's most desirable locations. The upper level features a warm and inviting apartment complete with three spacious bedrooms, a full bathroom, and a functional kitchen—ideal for comfortable everyday living. The main level offers flexible space that can be tailored to fit your needs, whether you're dreaming of a charming antique shop, a small business, or even additional living space. This property is minutes away from Buffalo Trace and all the conveniences of downtown living. With its prime location and mixed-use potential, this property is perfect for homeowners, entrepreneurs, or investors alike. Don't miss the chance to make this downtown gem your own—schedule your private showing today!
Standout features identified
Our analysis highlights functional kitchen, flexible space, and warm and inviting apartment as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,510/month
Principal & Interest$1,204
Property Tax$230
Insurance$77
Down payment20% ($46,000)
3%50%
Est. 6.83% rate · 30yr fixed · $184,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
ParkingOther
Lot1,176 sqft
Days on Zillow186 Days
Price/sqft$81
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Systems
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOther
Lot1,176 sqft
Location & Tax
Neighborhood40601
Annual tax$169
Parcel061240101100
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Appliances
Refrigerator
Oven
Flooring
Carpet
Heating
Heat Pump
Cooling
Central Air
Ceiling Fan(s)
Laundry
Electric Dryer Hookup
Main Level
Washer Hookup
Windows
Blinds
Screens
Exterior Features
Parking
Other
Construction
Wood Siding
Utilities
Cable Available
Sewer Connected
Room details
10 rooms detailed
Master Bedroom
SecondBedroom2
SecondBedroom3
SecondBathroom1
FirstBathroom2
SecondBonus Room
FirstListing insights
Market data and value estimates
StatusFor Sale
Days on market186
Est. value$222,100
Est. rent$2,388/mo
Tax rate0.84%
Price/sqft$81
On marketMar 1, 2026
PostedOct 10, 2025
MLS updatedMar 14, 2026
Tour days9
Views841
Favorites40
How are the schools in Frankfort?
2 schools rated nearby
Location
Frankfort, KY, 40601
Price history
3 events
DateEventPrice$/sqftSource
Mar 1, 2026Price Change$230,000$81Imagine MLS
Jan 6, 2026Price Change$245,000$86Imagine MLS
Oct 10, 2025Listed For Sale$250,000$88Imagine MLS
Price Change$230,000
Mar 1, 2026•$81/sqft•Imagine MLS
Price Change$245,000
Jan 6, 2026•$86/sqft•Imagine MLS
Listed For Sale$250,000
Oct 10, 2025•$88/sqft•Imagine MLS
Tax history
9 years of records
YearTax paidAssessed value
Apr 15, 2023$169$82,000
Apr 15, 2022$198$82,000
Apr 15, 2021$202$82,000
Apr 15, 2020$375$70,000
Apr 15, 2019—$70,000
Apr 15, 2018—$70,000
Apr 15, 2017$516$70,000
Apr 15, 2016$516$70,000
Apr 15, 2015$516$70,000
Nearby homes
Neighborhood details
Local context around this listing
Frankfort, KY • Franklin County
Nearby cities
Frankfort
Nearby zip codes
406014060240603406044061840619406204062140622
Similar homes
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
No obligation · Same-day response