315 W 3rd Street Frankfort KY 40601 (House For Sale) | MLS 26014305
Frequently Asked Questions
Are house prices dropping in Frankfort?
The house prices in Frankfort are indeed dropping at the moment. There has been a decrease in price of $23,935.11. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Frankfort at this time?
The housing market and house prices in Frankfort are going down. The average house price is $249,000.00 and the average price per square feet is $148.57 per square foot. At the moment, there are 353 homes listed - 64 active, 29 pending, and 260 sold in Frankfort.
What is the most popular place to buy a house in Frankfort?
The most popular place to buy a home in Frankfort is 1210 - Clinton - Center. 1210 - Clinton - Center has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Frankfort?
The average amount of property taxes you would have to pay for a home in Frankfort is $1,671.36. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Frankfort being sold?
Properties in Frankfort stay on the market for an average of 80 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Frankfort?
The last home listed in Frankfort was 1600 minutes ago.
Can you visit houses in Frankfort?
Currently, there are 0 open houses available for viewing in Frankfort.
What is the most expensive house in Frankfort?
The cost of the most expensive home in Frankfort is $1,250,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Frankfort?
The cost of the cheapest home in Frankfort is $99,900.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Frankfort?
The oldest home in Frankfort was built in 1870, and the newest in 2026.
Back
Back to Search
See all Images
See all Images
How big are the homes in Frankfort?
The average property size in Frankfort is 2074.19 sq.ft., the largest being 5491 sq.ft., and the smallest being 616 sq.ft.
Additional Details
Property Details
Lot Dimensions:
12474
Water Source:
Public
Abv. Grnd. Sq. Ft.:
5, 824
Total Sq. Ft.:
5, 824
Sq. Ft. Source:
Public Records
Garage:
2
Directions:
From Capital Ave To W Third
Interior Features
Ceiling Fan(S), Entrance Foyer, Primary Downstairs, Walk In Closet(S)
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.
Source: LBAR as distributed by MLS GRID, MLS ID: 26014305
Listing provided courtesy of Jennifer Woods and Alyssa Ryan with Marshall Lane Real Estate
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 cro...
Show More
Source: LBAR as distributed by MLS GRID, MLS ID: 26014305
Listing provided courtesy of Jennifer Woods and Alyssa Ryan with Marshall Lane Real Estate
Frankfort, Kentucky offers a peaceful and relaxed environment with quiet streets for comfortable living. This neighborhood features a mix of single detached homes, small apartment buildings, and duplexes, primarily built around 1971, providing a variety of housing options. Residents benefit from nearby public and private schools at both elementary and high school levels, conveniently situated within close proximity. Several grocery stores and pharmacies lie within easy reach, supporting daily essentials. Dining options are also available near residential areas, adding convenience. Although car use is common for transportation, ample parking eases accessibility, making this community practical and inviting for diverse preferences.
Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.
Active/-84.878733,38.193586,13/640x350?access_token=pk.eyJ1IjoiZGFuaWVsLXdpbGxpYW1zIiwiYSI6ImNqemloN3B0OTE2cTMzYmxrY2drejZuc2gifQ.tPkNxe5WIfPzTN6FHnmPqQ&width=1920){kind=icon}
See all Images
