Additional Details

Property Details

Lot Dimensions:

10890

Lot Features:

0

Utility Options:

0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68

Building Utilities:

Cable Available, Electricity Available, Sewer Connected, Water Connected

Water Source:

Public

Abv. Grnd. Sq. Ft.:

6, 161

Total Sq. Ft.:

6, 161

Sq. Ft. Source:

Public Records

Directions:

514 Ann St. Frankfort, KY 40601

Total Rooms

12 Rooms

Schools

High School:

Western Hills

Middle School:

Second St Middle

Elementary School:

Second St

Tax and Financial Info

Quick View

Address:

514 Ann Street Frankfort KY 40601

Status:

Active

On Site:

115 Days On Site

Price:

$599, 900

Bedrooms:

10 Beds

Bathrooms:

8 Full Baths

Sq. Feet:

6, 161

Year Built:

1829

Lot Size:

0.25

County:

Franklin

MLS #:

26004803

Property Type:

Single Family Residence

Exterior Type

Stone, Solid Masonry

Community Information

Area:

Description

Opportunities like this rarely come along. Built in the 1820s, this all-brick historic property sits in one of the most prime locations in all of Frankfort and is ready for its next chapter. The main house has already been mostly gutted, providing a blank canvas for the next owner to bring their vision to life while preserving incredible historic features that remain intact. Inside you'll find gorgeous original hardwood floors, massive pocket doors, and soaring 12-foot ceilings in several rooms—the kind of craftsmanship that simply can't be replicated today. This property offers tremendous flexibility and could easily be finished as a large single-family historic home with multiple bedrooms and bathrooms, or redesigned as a multi-unit investment property. It would also make an excellent short-term rental, live-work space, or even a boutique business location depending on the buyer's vision. Adding even more value is the guest house located in the backyard, which features four bedrooms and two bathrooms. This structure could remain a spacious guest residence, be used for short-term rentals, or easily be converted into two separate two-bedroom apartments, creating an additional income opportunity. For investors and developers, this project is an ideal candidate for historic restoration tax credits, which may allow 30-40% of qualified improvement costs to be returned as tax credits. That makes this not only an exciting restoration project but also a financially smart one. With its historic character, prime location, and endless possibilities, 514 Ann Street presents a rare opportunity to restore and reimagine one of Frankfort's historic properties. Whether you're looking to create a stunning family home, a unique investment property, or a standout short-term rental, this property offers the chance to bring a true piece of Frankfort history back to life.

Source: LBAR as distributed by MLS GRID, MLS ID: 26004803

Listing provided courtesy of Nathan Dailey with RO&CO Real Estate

Last Updated: 6/29/2026 | 12:23 PM

Home Details

Status: Active

Price: $599,900

Address: 514 Ann Street, Frankfort, KY 40601

Bedrooms: 10

Bathrooms: 8

Square Feet: 6,161

115 days on Site

• Property Type: Residential
• Built in 1829
• 115 days on Site
• 0.25 Lot Size