315 W 3rd Street, Frankfort, KY 40601

$1,123,000

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… Read More 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. Read Less

Courtesy of Marshall Lane Real Estate.

Listing Snapshot

Days Online

Last Updated

Jul 19, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

5,824

Lot Size

0.29 Acres

Year Built

1904

MLS Number

26014305

30 Days Snapshot Of 40601

$315k

(avg) sold price

+1%

homes sold

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Unfinished

Building

Building area total: 5,824, Built in 1904

Cooling

Heat Pump

Exterior Features

Outdoor Grill, Other

Fireplaces

Dining Room, Gas Log, Living Room, Primary Bedroom

Garage

2 spaces

Heating

Heat Pump

Interior Features

Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s)

Lot

0.29 acres, Lot size area: 0, 12,474 square feet

Sewer

Public Sewer

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315 W 3rd Street

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