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$159,900

326 Wallace Ave Frankfort, KY 40601

3 beds
1 full
0.2 acres
House

Property details

About 326 Wallace Ave

Discover this inviting 3-bedroom, 1-bath residence featuring a spacious living room, cozy den perfect for a home office or reading nook, and dining area ideal for entertaining. The kitchen offers plenty of space to create your favorite meals. Plenty of storage space in the basement, plus a quaint patio perfect for morning coffee or relaxing evenings. Located just minutes from downtown shops, restaurants, and parks, this home blends classic charm with modern convenience.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
BasementYes
Lot size0.23 Acres
Year built9999
ParkingOff Street, Driveway
MLS #25011647

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl, Tile, Laminate
  • Interior: Dining Area, Bedroom First Floor
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Off Street, Driveway
  • Exterior: Patio, Porch
  • Architectural Style: Ranch
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • List Price: $159,900
  • Annual Tax Amount: $308
  • Tax Year: 2023
  • Directions: Holmes Street to Wright Street, right on Wallace, home on corner of Stucker Street and Wallace Avenue
  • Year Built: 9999
  • Stories: 1
  • Lot Size: 0.23 Acres
  • MLS Number: 25011647
  • Office Name: Bluegrass Realty & Investments
  • Office Phone: (502) 352-2650
  • Office Email: joe@buybluegrass.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$65,100$308
2021$65,100$298
2020$65,100$297
2018$52,000$-
2017$52,000$810

History based on county public records data.

Nearby schools

2

Elkhorn Elementary School

Public District 1-5

1.7 mi

928 E Main St

3

Peaks Mill Elementary School

Public District 1-5

1.9 mi

100 Peaks Mill Rd

5

Collins Lane

Public District PK-5

2.1 mi

1 Cougar Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,604. The most common annual income of people living in Frankfort, KY is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

66%
<35k
31%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

50%
Single, No Kids
21%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Frankfort, KY

Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.

The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.

Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.

Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.

About 326 Wallace Ave

The listing price of 326 Wallace Ave property is $159,900.

The property 326 Wallace Ave is a house located in Frankfort, Kentucky, 40601.

Active Listing: 326 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 326 Wallace Ave are: Elkhorn Elementary School (GreatSchools Rating 2/10), Peaks Mill Elementary School (GreatSchools Rating 3/10), Collins Lane (GreatSchools Rating 5/10), Second Street School (GreatSchools Rating 4/10), Elkhorn Middle School (GreatSchools Rating 3/10), Bondurant Middle School (GreatSchools Rating 4/10), Frankfort High School (GreatSchools Rating 5/10), Franklin County High School (GreatSchools Rating 5/10), Western Hills High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $308 (source: MLS/based on county public records data).

The property at 326 Wallace Ave has 3 bedrooms and 1 bathroom.

The year of construction for 326 Wallace Ave is 9999.

This home is located at 326 Wallace Ave in Frankfort, KY and zip code 40601. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $159,900.

Frankfort, KY housing market in June 2025 saw over 10 listings sold above listed price, more than 11 sold at listed price and over 31 sold below. The number of homes for sale in Frankfort, KY increased by 8.4% between May and June 2025. Listings spent 48 days on the market in June 2025, and had a median list price of $246,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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