Address
315 W 3rd Street, Frankfort, KY
Price
$ 1,073,000
Property Attributes
  • MLS#26014305
  • TypeSingle Family
  • Listing Status Active
  • CountyFRANKLIN
  • CityFrankfort
  • Area014 - Franklin County
  • NeighborhoodSouth Frankfort
  • Zip40601
  • StyleSingle Family Residence
  • Year Built1904
  • Price$ 1,073,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage5824
  • Lot Size0.29 Acres
Data Source:
ImagineMLS
Property Description

Located in the heart of historic South Frankfort, this beautifully maintained property offers the charm and craftsmanship you hope to find in a historic home, with the updates and functionality that make everyday living easier. The main house offers 4,224 square feet with 5 bedrooms, 3.5 bathrooms, original hardwood floors, beautiful crown molding, a handcrafted carved staircase, soaring ceilings, and 6 fireplaces throughout, including 2 gas fireplaces. The kitchen features granite countertops and stainless steel appliances. One of the standout features of the home is the wraparound front porch, complete with hardwood flooring that was recently refinished with a specialty outdoor finish. The first-floor primary suite is unusually spacious for a home of this age, offering a sitting area, a private exterior entrance, a large walk-in closet, and a beautifully updated bath with dual vanities, an oversized double shower, and a large soaking tub. Throughout the home, the historic details have been well preserved while important updates have already been completed, including a tankless water heater, a roof that is less than 10 years old, and a new upstairs heating and cooling system that was upgraded to one of the most efficient options available. Custom rugs throughout the home will also remain. Behind the main home is a fully furnished 1,600 square foot guest house with 3 bedrooms and 1.5 bathrooms. It features granite countertops, stainless steel appliances, and a new roof. Currently used as a short-term rental, the guest house offers flexibility for income potential, extended family, guests, or additional living space. Together, the main house and guest house offer over 6,400 square feet of finished space across two separate residences. The property also includes a two-car garage, a valuable feature for a historic property. While the garage is connected to the guest house structure, it was thoughtfully designed with exterior access only and does not open into the guest house, allowing it to function as private garage space for the main residence. The outdoor spaces are well maintained with fresh landscaping and mulch, all in a location close to downtown Frankfort, parks, the Kentucky River, restaurants, shops, and local amenities. With its combination of historic character, thoughtful updates, generous living space, a separate guest house, and private garage parking, this South Frankfort property is a truly special opportunity.

Elementary School Middle School High School
Second St Elementary School Second St Middle Frankfort High School
Price History
6/19/2026 Listed $1,128,000
7/17/2026 1$1,123,000
8/31/2026 5$1,073,000

General Features

Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Possession Negotiable
Roof Composition,Shingle
Appliances Cooktop,Dishwasher,Double Oven,Dryer,Microwave,Oven,Refrigerator,Self Cleaning Oven,Washer
Garage Spaces 2.0
Patio/Porch Features Patio,Porch,Rear Patio,Front Porch,Rear Porch,Side Porch
Construction Materials Wood Siding
Year Built 1904
Levels Three Or More
Property Subtype Single Family Residence
Parcel Number 062-13-13-004.00
County Franklin
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name South Frankfort
Garage Y/N Yes
Other Structures Guest House
Total Rooms 24
Full Baths 4
Status Active
Directions From Capital Ave to W Third
High School Frankfort
City Frankfort
High School District Frankfort Independent
MLS Area 014 - Franklin County
Lot Size Units Acres
Lot Size Square Feet 12474.0
Carport Y/N No
Elementary School Second St
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Second St Middle
MLS Area Minor 014 - Franklin County
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://drive.google.com/file/d/1fJQq2GSWpXEjf8T2DAnBq5Bt0TkiUbR6/view?usp=sharing
Structure Type House
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Sewer_co_Public_sp_Sewer True

Interior Features

Interior Amenities Ceiling Fan(s),Entrance Foyer,Primary Downstairs,Walk-In Closet(s)
Basement Unfinished
Flooring Hardwood,Tile
Total Fireplaces 6
Fireplace Features Dining Room,Gas Log,Living Room,Primary Bedroom
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Window Treatments
Fireplace Y/N Yes
Above Grade Finished Area 5824.0
Half Baths 2
Total Bedrooms 8
Below Grade Finished Area 0.0
LivingAreaSource Plans
Total Baths 6
Heating-Heat Pump True

Exterior Features

Exterior Amenities Outdoor Grill,Other
Parking Features Garage Door Opener
Water Source Public
Lot Size Area 0.29
Foundation Details Stone
Building Area Total 5824.0
Lot Size Acres 0.29
Lot Size Source Public Records
Waterfront Y/N No
Door Features Storm Door(s)
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 40601

Price
AVG $420K
$1.07M
Year Built
AVG 2117
1904
Visits
AVG 77
119
Data Provided by Inside Real Estate®