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$1,073,000Reduced $55,000
For sale

315 W 3rd StFrankfort, KY 40601

8 beds6 baths5,824 sq ft0.29 acre1904 built

Single-family home · 127 days on market · MLS# 1721860

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

Property type
Single-family home
Status
For sale
MLS #
1721860
Price per sq ft
$184
Days on market
127
Original list price
$1,128,000
Year built
1904
Living area
5,824 sq ft
Lot size
0.29 acres
Bathrooms
4 full, 2 half
Stories
3
Garage
2-car
Parking
Off Street, Detached, Driveway
Basement
Unfinished
Heating
Heat Pump
Cooling
Heat Pump
Fireplaces
6
Construction
Wood Frame, Stone
Roof
Shingle
Style
Traditional
Subdivision
South Frankfort
County
Franklin
HOA
None
Rooms
20
Water
Public
Sewer
Public Sewer
School district
Franklin

Features

Exterior

  • See Remarks

Patio & porch

  • Deck
  • Patio
  • Porch
  • Screened Porch
  • Enclosed
  • Wrap Around

Fencing

  • Other

Utilities

  • Electricity Connected

Estimated monthly payment

Principal & interest: — / month

Estimate only. Excludes taxes, insurance, HOA dues and PMI. Rates change daily; use your actual quote. Ryan can connect you with local lenders if you want a real number.

Location

Listing courtesy of Marshall Lane Real Estate, Jennifer Woods. MLS# 1721860. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Aug 31, 2026.

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Listing information is provided courtesy of the Greater Louisville Association of REALTORS® (APEX MLS) via Internet Data Exchange (IDX) and is updated throughout the day. Not every MLS listing is available through IDX. All information is deemed reliable but not guaranteed and should be independently verified. Listings include the name of the listing brokerage. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated Aug 31, 2026.