315 W 3rd Street, Frankfort, KY 40601

New Listing
$1,128,000
Property Type: Residential Bedrooms: 8 Baths: 6 Square Footage: 5,824 Lot Size (sq. ft.): 12,474 Status: Active
Current Price: $1,128,000 List Date: 6/19/2026 Last Modified: 6/19/2026

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.

Supplements: ********

Open Houses

Sunday, June 28, 2:00 pm - 4:00 pm

More Information MLS# 26014305

Listing Information

Comp Sale YN: No Property Sub Type: Single Family Residence

Address

Zip +4: 2703 Directions: From Capital Ave to W Third Parcel Number: 062-13-13-004.00 County: Franklin Street Number: 315 Street Direction Prefix: W Street Name: 3rd Street Suffix: Street State: KY Zip Code: 40601

Contract

Start Showing Date: 2026-06-19 Listing Agreement: Exclusive Right To Sell Occupant Type: Occupied Office Exclusive YN: No List Price/SqFt: 193.68 Current Price: $1,128,000 Original List Price: 1128000 Status: Active Listing Contract Date: 2026-06-19 List Price: $1,128,000

Currently Not Used

List Price/Acre: 3890996.9

Tax & Legal

Elementary School: Second St Middle Or Junior School: Second St Middle High School: Frankfort Tax Rate: 13.98 Design Review District YN: No

Association/Community

Association YN: No

Interior

Living Area: 5824 Living Area Source: Plans Bathrooms Half: 2 Above Grade Finished Area: 5824 Below Grade Finished Area: 0 Above Grade Unfinished Area: 1261 Below Grade Unfinished Area: 1261 Non-Compliant Total SqFt: 600 Basement YN: Yes Fireplace YN: Yes Fireplaces Total: 6 Bedrooms Total: 8 Bathrooms Total: 6 Bathrooms Full: 4

Parking Information

Garage YN: Yes Garage Spaces: 2 Carport YN: No

Building

Accessibility Features YN: No Year Built: 1904

Lot

Lot Size Source: Public Records Lot Size Acres: 0.2899 Lot Size Square Feet: 12474 Pool Private YN: No View YN: No Waterfront YN: No Water Body Access YN: No Horse YN: No

Utilities

Cooling YN: Yes Heating YN: Yes

Remarks

Public Remarks: 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.

Amenity Fee Details

Amenity Fee YN: No

Appliances

Cooktop: 1 Dishwasher: 1 Double Oven: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1

Basement

Unfinished: 1

Construction Materials

Wood Siding: 1

Cooling

Heat Pump: 1

Exterior Features

Outdoor Grill: 1 Storm Door(s): 1 Other: 1

Fireplace Features

Dining Room: 1 Gas Log: 1 Living Room: 1 Primary Bedroom: 1

Flooring

Hardwood: 1 Tile: 1

Foundation Details

Stone: 1

Heating

Heat Pump: 1

Interior Features

Ceiling Fan(s): 1 Entrance Foyer: 1 Primary First Floor: 1 Soaking Tub: 1 Walk-In Closet(s): 1

Levels

Three Or More: 1

Other Structures

Guest House: 1

Parking Features

Garage Door Opener: 1

Patio And Porch Details

Glass Enclosed Patio: 1 Rear Patio: 1 Covered Porch: 1 Front Porch: 1 Rear Porch: 1 Side Porch: 1 Wrap Around Porch: 1

Patio And Porch Features

Patio: 1 Porch: 1

Possession

Negotiable: 1

Roof

Composition: 1 Shingle: 1

Sewer

Public Sewer: 1

Structure Type

House: 1

Water Heater

Tankless: 1

Water Source

Public: 1

Window Features

Blinds: 1 Window Treatments: 1

Showing Requirements

Call Listing Agent: 1 Showing Service: 1

Showing Information

Showing Instructions: Listing agent will open but will allow for buyer's agent to privately show.

Room Types

Bathroom 1: 1 Bathroom 1 Level: First Bathroom 2: 1 Bathroom 2 Level: Second Bathroom 3: 1 Bathroom 3 Level: Second Bathroom 4: 1 Bathroom 4 Level: First Bedroom 1: 1 Bedroom 1 Level: Second Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Second Bedroom 5: 1 Bedroom 5 Level: Second Dining Room: 1 Dining Room Level: First Foyer: 1 Foyer Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Office: 1 Office Level: First Other: 1 Other Level: Third Primary Bathroom: 1 Primary Bathroom Level: First Primary Bedroom: 1 Primary Bedroom Level: First Recreation Room: 1 Recreation Room Level: Third Utility Room: 1 Utility Room Level: First

Status Change Information

Status Change Timestamp: 2026-06-19

Tax Legal

MLS Area Major: 014 - Franklin County Subdivision Name: South Frankfort High School District: Frankfort Independent

Property Features

Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Microwave; Oven; Refrigerator; Self Cleaning Oven; Washer Basement: Unfinished Construction Materials: Wood Siding Cooling: Heat Pump Exterior Features: Outdoor Grill; Storm Door(s); Other Fireplace Features: Dining Room; Gas Log; Living Room; Primary Bedroom Flooring: Hardwood; Tile Foundation Details: Stone Heating: Heat Pump Interior Features: Ceiling Fan(s); Entrance Foyer; Primary First Floor; Soaking Tub; Walk-In Closet(s) Levels: Three Or More Other Structures: Guest House Parking Features: Garage Door Opener Patio And Porch Details: Glass Enclosed Patio; Rear Patio; Covered Porch; Front Porch; Rear Porch; Side Porch; Wrap Around Porch Patio And Porch Features: Patio; Porch Possession: Negotiable Roof: Composition; Shingle Sewer: Public Sewer Structure Type: House Water Heater: Tankless Water Source: Public Window Features: Blinds; Window Treatments Showing Requirements: Call Listing Agent; Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Foyer; Kitchen; Living Room; Office; Other; Primary Bathroom; Primary Bedroom; Recreation Room; Utility Room

Room Information

Foyer Level: First Kitchen Level: First Bathroom 4 Level: First Living Room Level: First Dining Room Level: First Utility Room Level: First Primary Bedroom Level: First Primary Bathroom Level: First Office Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Second Bedroom 5 Level: Second Bathroom 2 Level: Second Bathroom 3 Level: Second Recreation Room Level: Third Other Level: Third Kitchen Level: First Remarks: GUEST HOUSE Living Room Level: First Remarks: GUEST HOUSE Bathroom 1 Level: First Remarks: GUEST HOUSE Utility Room Level: First Remarks: GUEST HOUSE Bedroom 1 Level: Second Remarks: GUEST HOUSE Bedroom 2 Level: Second Remarks: GUEST HOUSE Bathroom 2 Level: Second Remarks: GUEST HOUSE
Listing Office: Marshall Lane Real Estate
Last Updated: June - 19 - 2026
Information deemed reliable but not guaranteed.