315 W 3rd Street, Frankfort, KY 40601

This property in historic South Frankfort includes two separate residences totaling 5,824 square feet of finished space, supported by updated finishes and multiple living options. The main residence offers 4,224 square feet with five bedrooms and three and a half bathrooms, featuring original hardwood floors, crown molding, a handcrafted carved staircase, soaring ceilings, and six fireplaces, including two gas fireplaces. A spacious first-floor primary suite anchors the layout, and the kitchen includes granite countertops and stainless steel appliances. A wraparound front porch with hardwood flooring was recently refinished with a specialty outdoor finish.

A fully furnished guest house sits behind the main home and provides 1,600 square feet with three bedrooms and one and a half bathrooms. The guest house also features granite countertops and stainless steel appliances, along with a new roof, and it is currently listed as an Airbnb. A two-car garage connected to the guest house structure provides exterior access only, with no interior access into the guest house, supporting private garage use.

For a buyer seeking flexibility, the layout supports several operating models, including living in one residence while renting the other, continuing short-term rental operations, or exploring a bed-and-breakfast concept. The property’s existing Airbnb presence and the separation between residences can help streamline hospitality use. Buyer should verify zoning, permitting, licensing, and intended use.