Bring your vision and contractor! This fixer upper offers a flexible interior with 1 bedroom, 1 bath, plus an open room currently used as a bedroom. Includes living room, kitchen, laundry room, and an unfinished enclosed space off the back—ideal for future expansion, storage, or a creative flex space. Character and layout provide strong value-add opportunity. Spacious fenced yard with two sheds. Ideal for investors or renovation-minded buyers. Sold AS-IS.
Sold for $38,500
$38,500
148 Wallace Ave, Frankfort, KY 40601
1beds
951sqft
Single Family Residence
Built in ----
-- sqft lot
$38,700 Zestimate®
$40/sqft
$740 Estimated rent
Home value
$38,700
Estimated sales range
Not available
$740/mo
Zestimate® history
Owner options
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$740/mo
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$190/mo
Est. payment
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List your homeWhat's special
Spacious fenced yardFlexible interiorTwo shedsLaundry room
Zillow last checked:
Listing updated:
Listed by:
Cassidy Eden,
NextHome Custom Realty
Bought with:
NON MEMBER
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1710860
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Other
- Description: Bonus space being used as second bedroom. Maybe could be walled off to be another true bedroom?
- Level: First
Heating
- Other
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 951
- Total interior livable area: 951 sqft
- Finished area above ground: 951
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Wrap Around, Porch
- Fencing: Wood
Lot
- Dimensions: 36 x 166 x 28 x 74 x 8 x 91
Details
- Additional structures: Outbuilding
- Parcel number: 0614302005.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Shotgun
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Thornhill
HOA
- Has HOA: No
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $56,000
- Annual tax amount: $45
- Date on market: 3/9/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $38,500-3.8%$40/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1710860 Report a problem | ||
| 3/14/2026 | Pending sale | $40,000$42/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1710860 Report a problem | ||
| 3/9/2026 | Listed for sale | $40,000+53.8%$42/sqft |
Source:  Imagine MLS #26004390 Report a problem | ||
| 11/29/2017 | Sold | $26,000-7.1%$27/sqft |
Source:  Imagine MLS #1702591 Report a problem | ||
| 11/28/2017 | Pending sale | $28,000$29/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 11/13/2017 | Price change | $28,000-6.7%$29/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 9/25/2017 | Price change | $30,000-9.1%$32/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 6/6/2017 | Price change | $33,000-5.7%$35/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 5/1/2017 | Price change | $35,000-6.7%$37/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 2/8/2017 | Listed for sale | $37,500+50%$39/sqft |
Source: Capital Realty and Investments #1702591 Report a problem | ||
| 11/2/2011 | Sold | $25,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $45 -1.7% | $56,000 |
| 2023 | $46 -38% | $56,000 |
| 2022 | $74 -2% | $56,000 |
| 2021 | $75 -82.4% | $56,000 +60% |
| 2020 | $427 | $35,000 |
| 2019 | -- | $35,000 |
| 2018 | -- | $35,000 |
| 2017 | -- | $35,000 |
| 2016 | -- | $35,000 |
| 2015 | -- | $35,000 |
Find assessor info on the county website
Neighborhood: 40601
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Nearby schools
GreatSchools rating
- 5/10Second Street SchoolGrades: K-8Distance: 0.8 mi
- 6/10Frankfort High SchoolGrades: 9-12Distance: 0.8 mi
Sell for more on Zillow
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$38,700
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+$774
With Zillow Showcase(estimated)
$39,474
- Kentucky
- Franklin County
- Frankfort
- 40601
- 148 Wallace Ave
Nearby cities
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