315 W 3rd St Frankfort, KY 40601
Estimated payment $6,217/month
Highlights
- Guest House
- Recreation Room
- Main Floor Primary Bedroom
- Fireplace in Primary Bedroom
- Wood Flooring
- No HOA
About This Home
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1904
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Stone Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 5,824 Sq Ft Home
- 3-Story Property
- Crown Molding
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Dining Room with Fireplace
- 6 Fireplaces
- Home Office
- Recreation Room
- First Floor Utility Room
- Utility Room
- Storm Doors
- Unfinished Basement
Kitchen
- Double Self-Cleaning Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Primary bathroom on main floor
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Wrap Around Porch
- Glass Enclosed
- Outdoor Grill
Schools
- Second St Elementary School
- Second St Middle School
- Frankfort High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Tankless Water Heater
Additional Features
- 12,474 Sq Ft Lot
- Guest House
Community Details
- No Home Owners Association
- South Frankfort Subdivision
Listing and Financial Details
- Assessor Parcel Number 062-13-13-004.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,915 | $420,000 | $30,000 | $390,000 |
| 2024 | $1,957 | $420,000 | $0 | $0 |
| 2023 | $1,991 | $420,000 | $0 | $0 |
| 2022 | $5,090 | $420,000 | $0 | $0 |
| 2021 | $1,998 | $420,000 | $0 | $0 |
| 2020 | $1,926 | $400,000 | $30,000 | $370,000 |
| 2019 | $1,927 | $400,000 | $30,000 | $370,000 |
| 2018 | $1,967 | $400,000 | $30,000 | $370,000 |
| 2017 | $4,372 | $400,000 | $30,000 | $370,000 |
| 2016 | $1,866 | $400,000 | $30,000 | $370,000 |
| 2015 | $3,549 | $321,500 | $25,000 | $296,500 |
| 2011 | $3,549 | $260,000 | $25,000 | $235,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $1,128,000 | 0.0% | $194 / Sq Ft | |
| 06/27/2026 06/27/26 | Off Market | $1,128,000 | -- | -- | |
| 06/19/2026 06/19/26 | For Sale | $1,128,000 | +150.7% | $194 / Sq Ft | |
| 10/08/2015 10/08/15 | Sold | $450,000 | 0.0% | $101 / Sq Ft | View Prior Sale |
| 08/20/2015 08/20/15 | Pending | -- | -- | -- | |
| 06/24/2015 06/24/15 | For Sale | $450,000 | -- | $101 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Springdale Title Llc | |
| Deed | $260,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26014305
APN: 062-13-13-004.00
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The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
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