315 W 3rd Street Frankfort, KY $ 1,128,000
315 W 3rd Street
$ 1,128,000
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Open House 6/28 2pm - 4pm
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315 W 3rd Street

Frankfort, KY, 40601
$ 1,128,000
Bedrooms8 Baths4.2 Sq 5,824

Monthly Estimate*

$ 7,122

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Single Family Home for sale in Frankfort, KY

for $1,128,000 with 8 bedrooms and 4 full baths, 2 half baths. This 5,824 square foot home was built in 1904 on a lot size of 0.29.

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.

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Open House

6/28/2026 2:00 PM - 4:00 PM
315 W 3rd Street Frankfort, KY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,128,000

Bedrooms

8

Full Bath

4

Half Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.29

Year Built

1904

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

26014305

Features
Interior
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) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 5824.0
Half Baths 2
Total Bedrooms 8
Below Grade Finished Area 0.0
Total Baths 6
Heating-Heat Pump True
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General
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 N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name South Frankfort
Garage Y/N Y
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 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
Virtual Tour https://drive.google.com/file/d/1fJQq2GSWpXEjf8T2DAnBq5Bt0TkiUbR6/view?usp=sharing
Structure Type House
Standard Status Active
Senior Community None
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Exterior
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 N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Marshall Lane Real Estate

Broker

jenniferclaye@gmail.com

Email

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$7,122
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$7,122
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Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
6/19/2026$1,128,000 Listed Price

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315 W 3rd Street, Frankfort, KY, 40601 is a Single Family Home for sale at $1,128,000 with 5,824 sqft and a lot size of 0.29. 315 W 3rd Street has 8 bedrooms, 4.2 baths, and was built in 1904. The property's zip code is 40601 which is in Frankfort, KY