$1,073,000
 $6,092 est/mo Sourced by Back At You
Source MLS Verified

315 W 3rd St,Frankfort, KY 40601

Frankfort, KY 40601

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Description

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.

Details

MLS #1721860
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1904
Days On Site75
Listing Provided ByMarshall Lane Real Estate | Jennifer Woods

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet5,824
Garage2
BasementY
Story(s)3
Acreage0.29

Area Information

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
Community NameSouth Frankfort
School DistrictFranklin
High SchoolFranklin
Listing VS Median (in South Frankfort)
Price:
$1,073,000
low | high
Med:
$1,073,000
50% of Average
sqft:
5,824
low | high
Med:
5,824
50% of Average
$ / sqft:
$184
low | high
Med:
$184
50% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You

Market Activity 40601

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Learn More About This Property

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
Community NameSouth Frankfort
School DistrictFranklin
High SchoolFranklin
Listing VS Median (in South Frankfort)
Price:
$1,073,000
low | high
Med:
$1,073,000
50% of Average
sqft:
5,824
low | high
Med:
5,824
50% of Average
$ / sqft:
$184
low | high
Med:
$184
50% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You
Listing Updated: August 31, 2026 at 6:30:42 PM PDT