1517 Steadmantown Ln Frankfort, KY 40601
Property details
About 1517 Steadmantown Ln
Wonderful investment opportunity to own a fully occupied fourplex in Frankfort. Multiple units have been renovated in the past several years. A renovation in Unit 4 was performed including paint and flooring in 2021. A renovation in Unit 2 was performed including paint, flooring, and new appliances in 2025. The other two units were updated shortly before current ownership purchased in 2020. Two furnaces are less than 2 years old. The roof is approximately 6 years old. There is a detached garage that the new owner could use for storage or rent out as additional income.
Highlights
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 8
- Parking: 6 - 10 Spaces, On Site
- Heating: Natural Gas
- Cooling: Electric
- List Price: $350,000
- Price/SqFt: $102
- Annual Tax Amount: $2,509
- Tax Year: 2023
- Directions: Turn onto Steadmantown Lane from Georgetown Road. Fourplex will be on the LEFT before the dead end into Schenkel Lane.
- Year Built: 9999
- Stories: 2
- Living Area: 3,401 SqFt
- Lot Size: 0.54 Acres
- MLS Number: 25009651
- Office Name: Keller Williams Bluegrass Realty
- Office Phone: (859) 260-1444
- Office Email: crystalgail@kw.com
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 9:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
1517 Steadmantown Ln
$4,156
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 2020 | Home Sold | $210,000 |
| May 29, 2019 | Home Sold | $165,000 |
| Nov 24, 2008 | Home Sold | $75,000 |
| Jun 02, 2006 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $210,000 | $2,509 |
| 2021 | $210,000 | $405 |
| 2020 | $210,000 | $411 |
| 2018 | $105,000 | $- |
| 2017 | $100,000 | $1,339 |
History based on county public records data.
Nearby schools
2
Elkhorn Elementary School
Public District 1-5
1.4 mi
•928 E Main St
3
Peaks Mill Elementary School
Public District 1-5
1.6 mi
•100 Peaks Mill Rd
4
Hearn Elementary School
Public District 1-5
2.3 mi
•300 Copperleaf Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,227. The most common annual income of people living in Frankfort, KY is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Pro Boxing
Horse Races
Where do the neighbors shop?
Express/Express For Men
Burlington
Stein Mart
Where do the neighbors go to eat?
Starbucks
Popeyes
LongHorn Steakhouse
What do the neighbors drive?
Pontiac
Dodge
Buick
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
Frequently asked questions
Living in Frankfort, KY
Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.
The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.
Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.
Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.
About 1517 Steadmantown Ln
The listing price of 1517 Steadmantown Ln property is $350,000.
The property 1517 Steadmantown Ln is a multi located in Frankfort, Kentucky, 40601.
Active Listing: 1517 Steadmantown Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1517 Steadmantown Ln are: Elkhorn Elementary School (GreatSchools Rating 2/10), Peaks Mill Elementary School (GreatSchools Rating 3/10), Hearn Elementary School (GreatSchools Rating 4/10), Elkhorn Middle School (GreatSchools Rating 3/10), Second Street School (GreatSchools Rating 4/10), Bondurant Middle School (GreatSchools Rating 4/10), Franklin County High School (GreatSchools Rating 5/10), Frankfort High School (GreatSchools Rating 5/10), Western Hills High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,509 (source: MLS/based on county public records data).
The last sale was on September 9, 2020 for $210,000 (source: MLS/tax record).
The property 1517 Steadmantown Ln is 3,401 SqFt (source: MLS/tax record).
The year of construction for 1517 Steadmantown Ln is 9999.
This home is located at 1517 Steadmantown Ln in Frankfort, KY and zip code 40601. This 3,401 square foot home, which was built in 9999, sits on a 0.54 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $350,000.
In May 2025 more than 6 listings in Frankfort, KY were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 25 were sold below. In May 2025 in Frankfort, KY there were 8.9% more homes for sale than in April. In May 2025 median list price was $245,000 and the average listing age was 46 days.