Property photo 1
Property photo 2
5 Beds
2 Baths
2,678 sqft

$349,900

828 Shelby Street, Frankfort KY, 40601

Price per sqft$130.66
Property size2,678 sqft
Property typeMulti-family
Listed by Nathan Dailey with RO&CO Real Estate

Overview

Active

Listed Oct 2, 2026

Updated 8 days ago

Duplex • Historic Investment Opportunity • Bourbon Capital of the World 2,678 SQFT| 5 bedrooms | 2 full baths | 3 BR/1 BA + 2 BR/1 BA Bring your vision to 828 Shelby St in Frankfort, Kentucky — the Bourbon Capital of the World! This historic duplex offers 2,678 square feet with two separate living areas. One side features 3 bedrooms and 1 full bath, while the other offers 2 bedrooms and 1 full bath. This property needs TLC and is ready for someone with vision to bring it back to life. Whether you're an investor, renovator, contractor, or buyer looking for a unique project, this property offers an exciting opportunity to create value while restoring a piece of Frankfort's historic character. The duplex configuration provides flexibility for a variety of investment strategies, including long-term rental, owner-occupied living with rental income from the other side, or potentially furnished or short-term rental use, subject to local regulations and approvals. The property's historic character also makes it worth exploring potential historic tax credit opportunities, subject to eligibility and approval by the appropriate agencies. Located in the Bourbon Capital of the World, this property offers an opportunity to take advantage of Frankfort's rich history, bourbon heritage, and tourism appeal. Imagine transforming this diamond in the rough into a beautifully restored duplex, income-producing investment, or bourbon-inspired short-term rental destination. Duplex • 2,678 SQFT • 5 bedrooms • 2 baths • Historic property • Needs TLC • Bring your vision • Investment opportunity • Potential historic tax credit project • Bourbon Capital of the World. The possibilities are limited only by your imagination. Bring your vision and make this historic Frankfort property your next project!

$2,328/mo

Est. mortgage payment based on a $349,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26027368

Interior Features

Bedrooms
5
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres
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Listing Contact:  

The IDX display contains information sourced from the Bluegrass REALTORS® as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/3/2026 at 4:15 AM UTC

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