315 E 3rd St
Frankfort, KY, 40601 $ 1,128,000
Bedrooms8 Baths4.2 Sq 5,824 Monthly Estimate*
$ 7,122
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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FeaturesGeneralHeating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected
Roof Shingle
HOA Fee 0
Garage Spaces 2
Architectural Style Traditional
Construction Materials Wood Frame Stone
Year Built 1904
Stories Count 3
Property Subtype Single Family Residence
County Franklin
Property Type Residential
HOA false
Attached Garage false
Subdivision Name South Frankfort
Garage Y/N true
Other Structures Garage(s) Guest House
Total Rooms 20
Full Baths 4
Status Active
Directions From Capital Ave turn right onto E Third. The property is on the left.
City Frankfort
High School District Franklin
Lot Size Units Acres
Lot Size Square Feet 12632.4
Standard Status Active
Tax Lot 0
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InteriorBasement Unfinished
Total Fireplaces 6
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 5824
Half Baths 2
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 6
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ExteriorExterior Amenities See Remarks
Parking Features Off Street Detached Driveway
Water Source Public
Lot Size Area 0.29
Building Area Total 5824
Lot Size Acres 0.29
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* Excluded FeaturesList ByMarshall Lane Real EstateBroker
Jenniferclaye@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,122
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Frankfort, KY
Average List Price $363,905
Percent of Sale Price 68%
About Frankfort, KY 28,237 Population
3% Since 2002
$ 45,871 Median Income
38.14 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $1,128,000 | | Listed Price |