323 East 3rd Street

Frankfort KY 40601

1900 sq. ft.

9750 sq. ft.

Single-Family

Last sold for $345,000

Clay Thomas, last sold this property on 24 June 2026 after 82 days on market.

Overview

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

Features

4 bedrooms

4 bathrooms

1900 sq. ft. floor area

9750 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Frankfort over the last 12 months, the estimated median property value of 323 East 3rd Street is $312.96k.

Median value

$312.96k

Estimated value range

$119.9k - $685k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Frankfort. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.