Open House:
Jun 28, 2026, 2:00 PM -
4:00 PM
315 W 3rd Street
Frankfort, KY 40601
$1,128,000
Beds:
8
Baths:
4
| 2
Sq. Ft.:
5,824
Type:
House
Listing #26014305
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.
Property Features
County:
Franklin
MLS Area:
014 - Franklin County
Latitude:
38.193586
Longitude:
-84.878733
Subdivision:
South Frankfort
Directions:
From Capital Ave to W Third
Total Rooms:
24
Levels:
Three Or More
Interior:
Entrance Foyer, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
Primary Bedroom On Main:
Yes
Full Baths:
4
1/2 Baths:
2
Levels:
Three Or More
Has Fireplace:
Yes
Fireplace Description:
Dining Room, Gas Log, Living Room, Primary Bedroom
Heating:
Heat Pump
Cooling:
Heat Pump
Floors:
Hardwood, Tile
Water Heater:
Tankless
Appliances:
Dryer, Double Oven, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Oven, Self Cleaning Oven
Basement Description:
Unfinished
Has Basement:
Yes
StructureType:
House
Construction:
Wood Siding
Exterior:
Outdoor Grill, Other, Storm Door(s)
Foundation:
Stone
Roof:
Composition, Shingle
Water Source:
Public
Septic or Sewer:
Public Sewer
Parking Description:
Garage Door Opener
Has Garage:
Yes
Garage Spaces:
2
Other Structures:
Guest House
Is a Horse Property:
No
Lot Size in Acres:
0.29
Lot Size in Sq. Ft.:
12,474
Building Total Area (Sq. Ft.):
5,824
Windows/Doors Description:
Window Treatments, Blinds
School District:
Frankfort Independent
Elementary School:
Second St
Middle School:
Second St Middle
High School:
Frankfort
Property Type:
SFR
Property SubType:
Single Family Residence
Year Built:
1904
APN:
062-13-13-004.00
Status:
Active
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Courtesy of:
Marshall Lane Real Estate
Marshall Lane Real Estate
© 2026 ImagineMLS. All rights reserved.
© 2026 ImagineMLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the ImagineMLS. Real estate listings held by IDX Brokerage firms other than Bluegrass Realty and Investments are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the ImagineMLS. Real estate listings held by IDX Brokerage firms other than Bluegrass Realty and Investments are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
ImagineMLS data last updated at June 19, 2026, 8:45 PM ET
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