Listing provided courtesy of Marshall Lane Real Estate- MLS# 1721860MLS ProviderSource MLS Verified

315 E 3rd StFrankfort, KY 40601

Single Family · 8 Beds · 4 Full Baths · 2 Half Baths · 5,824 Sq. ft. | 0.29 Acres
$1,128,000 Active

315 E 3rd St Overview

Time on Site:
20 hours
Visits:
0

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.

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315 E 3rd St Facts & Features

  • Type Single Family
  • Sq. ft. 5,824
  • Price/Sq.ft. $194
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Franklin

Building Information

  • Year Built: 1904

Location/Region

  • County Or Parish: Franklin
  • Subdivision Name: South Frankfort

General Information

  • Parcel Number: 062-13-13-004.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total: 6
  • Bedrooms Total: 8

Building Interior

  • Above Grade Finished Area: 5824.0
  • Building Area Source: List Agent
  • Building Area Total: 5824.0

General Information

  • Fireplace: true
  • Fireplaces Total: 6
  • Living Area: 5824.0
  • Living Area Source: List Agent
  • Rooms Total: 20
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Off Street,Detached,Driveway

Lot Information

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Square Feet: 12632.4
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: false
  • Construction Materials: Wood Frame,Stone
  • Roof: Shingle

General Information

  • Exterior Features: See Remarks
  • Other Structures: Garage(s),Guest House
  • Utilities: Electricity Connected

Room Information

Room: Bedroom

  • Level: First
  • Description: Guest House

Room: Bedroom

  • Level: First
  • Description: Guest House

Room: Bedroom

  • Level: First
  • Description: Guest House

Room: Den

  • Level: First
  • Description: Private off of Primary bedroom

Room: Dining Room

  • Level: First

Room: Foyer

  • Level: First

Room: Great Room

  • Level: First
  • Description: Guest House

Room: Half Bathroom

  • Level: First

Room: Kitchen

  • Level: First

Room: Laundry

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bathroom

  • Level: First

Room: Primary Bedroom

  • Level: First

Room: Sun Room

  • Level: First

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Full Bathroom

  • Level: Second

Room: Game Room

  • Level: Third

315 E 3rd St Neighborhood

Community

40601 (FRANKFORT) Demographics

41
Median Age
228
Population Density (per sq. mile)
38%
College Educated
$59,397
Estimated Median Income
13,545
Estimated Total Home Owners
8,107
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

315 E 3rd St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

315 E 3rd St Market Data

Based on the last 30 days in this zip code

$359,686
Average List Price
$167
Average Price per Square Foot
58
Properties Sold
77
Average Days on Market
209
Properties for Sale
Calculations provided by Reliance Network

315 E 3rd St History

Date Event Value Agent
6/29/2026Source: Louisville MLS Added to Database
June 29, 2026