323 E 3rd St Frankfort, KY 40601
Estimated payment $1,960/month
Highlights
- Craftsman Architecture
- Main Floor Primary Bedroom
- Eat-In Kitchen
- Wood Flooring
- No HOA
- Walk-In Closet
About This Home
A turnkey and established short-term rental opportunity in the heart of downtown Frankfort, just minutes from the Buffalo Trace Distillery. This beautiful property with a custom-built speakeasy has been thoughtfully designed to deliver a memorable guest experience, reflected in its exceptional track record of over 120 all five-star reviews across Airbnb and VRBO. This "Top 5%" Airbnb home offers 4 spacious bedrooms, 2 full bathrooms, 2 half bathrooms, and multiple entertaining spaces. The property comfortably sleeps 8 guests. This short-term rental has active bookings throughout 2026. It also has three years of consistent booking history with strong guest demand in a high-traffic tourism market. Situated on a rare double lot (323 & 325 E 3rd St) totaling approximately 9,750 sq ft, the fully fenced yard provides privacy and flexibility for outdoor enjoyment of the patio and gravel firepit. The sale presents an opportunity to acquire a well-established, professionally designed property with furnishings, décor, kitchenware, and more available for purchase separately. Whether used as a primary residence, second home, or short-term rental - this property offers character, location, and versatility in one of Kentucky's most visited tourism corridors. This is a place people remember. Come take a look today! Owner is a Licensed KY Realtor
Home Details
Home Type
- Single Family
Year Built
- Built in 2009
Lot Details
- 9,750 Sq Ft Lot
- Privacy Fence
- Wire Fence
- Landscaped
- Few Trees
Parking
- Off-Street Parking
Home Design
- Craftsman Architecture
- Dimensional Roof
- Composition Roof
- HardiePlank Type
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Insulated Doors
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Fire Pit
Schools
- Second St Elementary School
- Second St Middle School
- Frankfort High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 062-31-25-008.00
Community Details
Overview
- No Home Owners Association
- Downtown Subdivision
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,322 | $290,000 | $10,000 | $280,000 |
| 2024 | $1,351 | $290,000 | $0 | $0 |
| 2023 | $1,375 | $290,000 | $0 | $0 |
| 2022 | $1,151 | $95,000 | $0 | $0 |
| 2021 | $452 | $95,000 | $0 | $0 |
| 2020 | $366 | $76,080 | $10,000 | $66,080 |
| 2019 | $367 | $76,080 | $10,000 | $66,080 |
| 2018 | $374 | $76,080 | $10,000 | $66,080 |
| 2017 | $832 | $76,080 | $10,000 | $66,080 |
| 2016 | $355 | $76,080 | $10,000 | $66,080 |
| 2015 | $1,911 | $76,080 | $10,000 | $66,080 |
| 2011 | $1,911 | $140,000 | $12,000 | $128,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2026 04/05/26 | Pending | -- | -- | -- | |
| 04/03/2026 04/03/26 | For Sale | $349,000 | +20.3% | $184 / Sq Ft | |
| 12/14/2022 12/14/22 | Sold | $290,000 | +0.3% | -- | View Prior Sale |
| 10/29/2022 10/29/22 | Pending | -- | -- | -- | |
| 09/30/2022 09/30/22 | Price Changed | $289,000 | -2.7% | -- | |
| 09/15/2022 09/15/22 | For Sale | $297,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Prominent Title | |
| Warranty Deed | $290,000 | Prominent Title | |
| Deed | $76,080 | Attorney | |
| Deed | $140,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,080 | Seller Take Back | |
| Previous Owner | $40,000 | Stand Alone Second | |
| Previous Owner | $70,000 | Purchase Money Mortgage |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26006936
APN: 062-31-25-008.00
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Ask me questions while you tour the home.