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148 Wallace Avenue Frankfort, KY $ 40,000
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148 Wallace Avenue
$ 40,000
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148 Wallace Avenue

Frankfort, KY, 40601
$ 40,000
Bedrooms1 Baths1.0 Sq 951

Monthly Estimate*

$ 246

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Single Family Home for sale in Frankfort, KY

for $40,000 with 1 bedroom and 1 full bath. This home is 951 square feet.

Bring your vision and contractor! This fixer upper offers a flexible interior with 1 bedroom, 1 bath, plus an open room currently used as a bedroom. Includes living room, kitchen, laundry room, and an unfinished enclosed space off the back—ideal for future expansion, storage, or a creative flex space. Character and layout provide strong value-add opportunity. Spacious fenced yard with two sheds. Ideal for investors or renovation-minded buyers. Sold AS-IS.

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Single Family Active

Price

$ 40,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch,Shotgun

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

26004390
Features
General
Sewer Public Sewer
Heating Space Heater
Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession See Remarks
Roof Shingle
Appliances Gas Range Refrigerator
Patio/Porch Features Porch
Architectural Style Ranch Shotgun
Construction Materials Vinyl Siding
Year Built 9999
View Neighborhood
Levels One
Property Subtype Single Family Residence
Parcel Number 061-43-02-005.00
County Franklin
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Thornhill
Garage Y/N N
Other Structures Shed(s)
Total Rooms 6
Full Baths 1
Status Active
Directions From US 127 N continue toward downtown and stay on Clinton Street. Turn left onto High St. Turn left onto Nicol Place. Turn Right onto Wallace Avenue. See Sign.
High School Frankfort
City Frankfort
High School District Frankfort Independent
MLS Area 014 - Franklin County
Lot Size Square Feet 0.0
Carport Y/N N
Elementary School Second St
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Second St Middle
MLS Area Minor 014 - Franklin County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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Interior
Basement Crawl Space
Flooring Hardwood Other
Total Fireplaces 1
Fireplace Features Free Standing Gas Log Gas Starter
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 951.0
Half Baths 0
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 1
Below Grade Finished Area 0.0
Total Baths 1
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Exterior
Fencing Wood
Parking Features Off Street
Water Source Public
Foundation Details Block
Building Area Total 951.0
Lot Size Acres 0.0
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 148
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* Excluded Features
List By
Nexthome Custom Realty

Broker

Affordability Calculator

$246
Per Month
100%
0%
0%
Monthly Principal & Interest
$246
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3453210 Elementary School
3453211 Middle School
Frankfort High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/9/2026$40,000 Listed Price

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148 Wallace Avenue, Frankfort, KY, 40601 is a Single Family Home for sale at $40,000 with 951 sqft. 148 Wallace Avenue has 1 bedrooms and 1.0 baths. The property's zip code is 40601 which is in Frankfort, KY

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