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

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 951 square foot home was built in 9999.

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

Year Built

9999

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

1710860

Features
General
Heating Other
Cooling None
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Architectural Style Ranch Shotgun
Construction Materials Vinyl Siding
Year Built 9999
Stories Count 1
Property Subtype Single Family Residence
County Franklin
Property Type Residential
HOA false
Attached Garage false
Subdivision Name THORNHILL
Garage Y/N false
Other Structures Outbuilding
Total Rooms 5
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.
City Frankfort
High School District Franklin
Lot Size Units Acres
Standard Status Active
Tax Lot 0
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 951
Half Baths 0
Total Bedrooms 1
Below Grade Finished Area 0
Total Baths 1
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Exterior
Fencing Wood
Parking Features Off Street
Water Source Public
Lot Size Area 0
Foundation Details Crawl Space
Building Area Total 951
Lot Dimensions 36x166x28x74x8x91
Lot Size Acres 0
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* Excluded Features
List By
Nexthome Custom Realty

Broker

cassidy.nexthome@gmail.com

Email

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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$40,000 Listed Price

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148 Wallace Ave, Frankfort, KY, 40601 is a Single Family Home for sale at $40,000 with 951 sqft. 148 Wallace Ave has 1 bedrooms, 1.0 baths, and was built in 9999. The property's zip code is 40601 which is in Frankfort, KY