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514 Wapping Street, 
Frankfort, KY 40601

$497,000


7

Beds


5

Baths


4,984

Sq Ft


Multi-Family

Pending

Listed by

Taylor A Marshall

Marshall Lane Real Estate

502-682-1226

Last updated:

April 18, 2026, 06:43 PM

MLS#

26005492

Source:

KY LBAR

About This Home

514 Wapping Street

Rare opportunity to own a historic, income-producing property held by the same family for two generations. This well-maintained asset offers stunning river and downtown views from large windows on every level, along with a second-story balcony to fully enjoy the setting. The property features four thoughtfully laid-out units: First floor: one 2 bed / 2 bath unit and one 2 bed / 1 bath unit Second floor: two 1 bed / 1 bath units The third floor, once used as living space, is currently utilized for storage but offers excellent potential to be converted into a fifth unit, capitalizing on some of the best views in the building. Additional highlights include a private driveway for off-street parking and a spacious rear deck overlooking the beautiful Liberty Hall Gardens, providing a peaceful and scenic backdrop. This versatile property also presents the opportunity to be transformed into a stunning single-family residence. Lovingly cared for over decades, it offers both charm and confidence for its next owner—whether as an investment or a unique personal home.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 9999

Price Summary

497,000

$99 per Sq. Ft.

MLS #:

26005492

Last Updated:

April 18, 2026, 06:43 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

4,984 Sq. Ft.


Structure

Structure

Building Area:

4,984 Sq. Ft.

Year Built:

9999


Lot

Lot Size (Sq. Ft):

13,950


Finances & Disclosures

Finances

Price:

$497,000

Price per Sq. Ft:

$99 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.