357 Wallace Ave, Frankfort, KY 40601
Property image
Property image
SOLD
JUN 12, 2026

$132,000

Last sold price
  • 4 Beds
  • 2 Baths
  • 1,500 sqft

357 Wallace Ave, Frankfort, KY 40601

Est. Refi. Payment $865/mo*
Refinance Your Home
Currently Off Market - Sold Jun 12, 2026 for $132,000 (12% below list price)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
309 Virginia Ave, Frankfort, KY
0.08
Multi-Family Home
$180,000
05/08/26
4
2
1,800
143-145 Wallace Ave, Frankfort, KY
0.34
Multi-Family Home
$130,000
05/29/26
4
2
1,568
551-553 Williamsburg Rd, Frankfort, KY
1.13
Multi-Family Home
$220,000
01/16/26
4
2
1,472
413 Logan St, Frankfort, KY
0.98
Multi-Family Home
$132,500
08/26/26
4
2
2,082
411 Logan St, Frankfort, KY
0.98
Multi-Family Home
$132,500
08/26/26
4
2
2,285
208-210 Logan St, Frankfort, KY
0.82
Multi-Family Home
$267,500
09/04/26
4
2
2,396
723-725 Brawner St, Frankfort, KY
0.90
Multi-Family Home
$112,500
05/11/26
2
2
1,100
726-728 Cline St, Frankfort, KY
0.98
Multi-Family Home
$125,000
05/22/26
2
2
1,856
22 Harmony Landing Ct, Frankfort, KY
1.64
Multi-Family Home
$299,000
11/20/25
4
2
1,750

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
355 Wallace Ave, Frankfort, KY 40601
0.01
$178,400
3
3
1,553
Off Market
361 Wallace Ave, Frankfort, KY 40601
0.02
$196,900
3
1
1,081
Off Market
365 Owenton Ave, Frankfort, KY 40601
0.05
$119,900
3
1
1,160
For Sale
412 Holmes St, Frankfort, KY 40601
0.04
$176,100
3
2
1,572
Off Market
404 Holmes St #406, Frankfort, KY 40601
0.05
$194,900
2
2
1,288
Off Market
372 Holmes St, Frankfort, KY 40601
0.06
$140,000
3
1
1,075
Recently Sold
309 Virginia Ave, Frankfort, KY 40601
0.08
$180,000
4
2
1,800
Recently Sold
335 Murrell St, Frankfort, KY 40601
0.09
$88,000
3
1
1,190
Recently Sold
421 Owenton Ave, Frankfort, KY 40601
0.09
$101,300
3
1
-
Off Market
436 Triplett Ave, Frankfort, KY 40601
0.08
-
2
1
838
Off Market
308 Virginia Ave, Frankfort, KY 40601
0.09
$137,500
2
1
840
Off Market

Local Information

  • Map ViewExplore the area around 357 Wallace Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1988
1,500 sqft
$88/sqft
4 Parking Spaces

About this House

Attention investors! Add a cash-flowing duplex to your portfolio. 357 Wallace is currently rented for $1,520 per month in gross rent, with leases in place through September and October 2026. This 4-bedroom, 2-bath property (2/1 per side) features recent updates, a large yard, and room to grow rents. All utilities are separately metered and paid by the tenants. Showing notice of 48 hours required to view this property
357 Wallace Ave, Frankfort, KY 40601 is a 4 bedroom, 2 bathroom, 1,500 sqft multi-family built in 1988. It last sold for $132,000 on Jun 12, 2026 (12% below the $150,000 asking price). More recently, it was listed as a rental in June 2020 with an asking price of $625 per month. That rental listing was removed on June 25, 2020. This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 23 hours ago
Listed by M Scott Peace, (512) 921-2794
Lifstyl Real Estate
James O'Connell, (502) 545-3016
Lifstyl Real Estate
Bought with: Angelica Hebert, (502) 316-5684, Lifstyl Real Estate
Source: Imagine MLS, MLS#26004860

Home Details for 357 Wallace Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1500 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
No Attached GarageParking Spaces: 4Parking: Paved

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: DuplexArchitecture: Duplex
Building
Not a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 0614313003.00

Price & Status

Price
List Price: $150,000Price Per Sqft: $88/sqft
Status Change & Dates
Off Market Date: Tue May 12 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: FrankfortCommunity: Berry Hill
School Information
Elementary School: Second StJr High / Middle School: Second St MiddleHigh School: FrankfortHigh School District: Franklin County - 14

Building

Building Area
Building Area: 1500 Square Feet

Miscellaneous

Mls Number: 26004860

Price and Tax history

DateEventPrice
Jun 12, 2026
Source: Imagine MLS #26004860
Sold
$132,000
May 12, 2026
Source: Imagine MLS #26004860
Pending
$150,000
May 9, 2026
Source: Imagine MLS #26004860
PendingToActive
$150,000
May 2, 2026
Source: Imagine MLS #26004860
Pending
$150,000
Apr 17, 2026
Source: Imagine MLS #26004860
PriceChange
$150,000
Price decreased by 6%

Market trends in Frankfort

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$264K
$8.5KMoM
Sale-to-List Price
98.2%
0.6%MoM
Price per sq ft
$164
$3MoM
Available listings
171
1MoM

Around this home

What Locals Say about Frankfort

At least 326 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 84 % Say parking is easy

  • 77 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 70 % Say kids play outside

  • 69 % Say there's holiday spirit

  • 62 % Say people would walk alone at night

  • 57 % Say there's wildlife

  • 56 % Say it's quiet

  • 55 % Say neighbors are friendly

  • 49 % Say there are sidewalks

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say streets are well-lit

  • 39 % Say it's walkable to restaurants

  • 32 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "My neighborhood consists of a diverse group of people with a mutual focus on individuality and community! It’s a great action-based community!"
    0
    Flag
  • Denniscoleman434
    "Good place and I’ve been I here almost a year I’m from Virginia and it’s quiet and no one really bothers anyone "
    0
    Flag
  • Jackie.richie54
    "Dog owners would love this neighborhood because most dogs know each other and play with each other and neighbors look out for all animals "
    0
    Flag
  • Grant Thompson
    "Quick and painless with multiple routes to downtown. Versailles Rd, the east west connector, and US127 give fast access in or out of the downtown area. "
    0
    Flag
  • Francelene Jeanty
    "Not sure at all. I just live here don’t really know anyone to say it it is unique or not. Too many rules can’t really live a peaceful "
    0
    Flag
  • Spy6sjddv5
    "They would love the walk around the capital and the chance the see the governor walking his dog. The flowers and the trees blooming"
    0
    Flag
  • Radell Freeman
    "Don’t move here with your dog you nor your dog will like it here! This place is a dump and no one cleans after their pets and sometimes you see aggressive dogs running around loose it’s crazy"
    0
    Flag
  • bsharp1961
    "Easy access to everything…. Public transportation available. Bad parts of town are limited. Local police do a good enough job."
    0
    Flag
  • Lazman3
    "Lived here 8 years nice place to live and work plenty of shopping and restaurants dog friendly kid friendly "
    0
    Flag
  • Stephanie.ethington
    "Summer concert series , walking distance from downtown , safe sidewalks , bike trails , bike lanes , kid friendly , lots of shopping amenities , "
    0
    Flag
  • bsharp1961
    "No sidewalks, cars zip by you dangerously, and pay no heed to stop signs….as you walk your dog through the neighborhood, you’ll notice many other dogs that are stuck in the backyard. That never gets a walk, some never come inside the house…."
    0
    Flag
  • Kim Tompkins
    "Close to everything I need and not far from anywhere I want to go. It’s in between two major highways and is a nice neighborhood in front of farmland. It’s the best."
    2
    Flag
  • Kyffin B.
    "Commute is traffic friendly. Even during rush hour the commute is tolerable. There are multiple routes to the major roads which make this possible. Detours are common during any construction and are well thought out. "
    1
    Flag
  • Linsey W.
    "my daily commute is always smooth and quick usually no problems and always feel safe! Everyone is always so friendly! I do the commute from Frankfort to Versailles everysyff fun been"
    0
    Flag
  • Yvonnesherrick
    "I am not sure for most part Frnkfort is a good area to raise kids. other than that schools are good too"
    0
    Flag
  • Destinie.harris
    "While Frankfort has beautiful scenery you won’t find anywhere else, that and lower cost of living are the only positives I’ve found since living here. I’m originally from Versailles (which doesn’t have a Walmart), and I feel like that says a lot. My area constantly smells like sewage due to the little creek nearby. It’s very noisy almost all day between sirens every hour, people setting off their own car alarms every time they go to their car, fireworks and gunshots (yep, uh huh), and college students. "
    33
    Flag
  • Myke P.
    "I do enjoy my neighborhood for the most part. My neighbors keep to themselves but are friendly when we do have conversations. Neighbors from the apartment complex do get a little nosey at times."
    5
    Flag
  • Tdw8989
    "I've lived here almost two years, it seems safe & a friendly & nice area... Its also a nice area that we in... "
    5
    Flag
  • Caroline C.
    "It’s fine for dogs I guess but not all that walkable one general. The sidewalks are often jacked up and there are trashy people sitting outside on their porches that will catcall and cause a scene. "
    0
    Flag
  • Trulia User
    "there are a lot of open spaces for dogs to run. and play in the city and country. but not many renters will allow pets. "
    0
    Flag
  • Jen S.
    "we tend to stay close to home. we live two blocks from the Capitol and there is always something going on there plus we are close to downtown and go there when we have the chance. we love going to the farmer's market."
    4
    Flag
  • Christa Q.
    "You can get anywhere in town in under 10 min. There is easy access to the interstate from either side of town. "
    3
    Flag
  • Horsman1412
    "Nice small town. I’ve lived here for fifteen years nice place to raise a family. Close to Lexington and Louisville "
    0
    Flag
  • Sarah B.
    "I lot of people cut though this neighborhood to avoid lights which causes lots of traffic and there isn't any sidewalks."
    0
    Flag
  • Gemturner94
    "it’s a quiet, small town but it’s in the middle of kentucky’s main cities (lexington and louisville) so location is great "
    0
    Flag
  • Jeantyfrancelene
    "I lived in this neighborhood for 1 year and every is very friendly And stay to themselves must of the time "
    2
    Flag
  • Gemturner94
    "The town is dead quiet as soon as it’s dark out there’s really no party scene compared to Lexington or Louisville "
    5
    Flag
  • Mommakatie1979
    "that there is poo bags an that if ppl clean after there anmials an there dogs can have place to run an play.."
    0
    Flag
  • Amandajo70
    "Neighbors help each other out when needed. We used to have neighborhood kids hanging around all the time, & we'd eat dinner at each other's houses. There are a lot of good people around here! "
    5
    Flag
  • Jdbrew2
    "We live in a multigenerational neighborhood in which we watch after each other and try to hold get-togethers regularly. "
    2
    Flag
  • Gcurry1313
    "Don’t live near the capital. Not a safe place for families. The old capital is ok to walk around at night, but make sure your in a group."
    0
    Flag
  • Gcurry1313
    "They have car shows all the time and they have family events like trunk or treating. A lot of people Pokémon go by the old capital and are very friendly. "
    0
    Flag
  • Mamabamomma
    "Near public transportation bus line. Between East West Connector and Louisville Rd. Great to bike anywhere in Frankfort. Good local dining, and Parks."
    0
    Flag
  • Paige W.
    "Most of the neighborhood is nice. The apartments are not as nice but still livable. Close to parks and schools"
    0
    Flag
  • Em
    "These places look great now!!! I have spoken to the owner of the building several times, personally. He is a family man and takes pride in in properties. Looks 100 percent better. "
    0
    Flag
  • Anonymous
    "the rent is going up while the value and cleanliness goes down.. drugs have hit this area hard over the passed 10 years.. kids csnt even play outside, anything left out is gone forever.. "
    0
    Flag
  • Whitney S.
    "The subsidized housing is behind this neighborhood. Therefore, they jump the fence and walk through Crestwood. This has led to multiple thefts/break-ins/stolen property. Luckily we’re just renting. The neighbors are wonderful people. It’s the foot traffic that’s the issue. "
    1
    Flag
  • Dolph D.
    "Very nice neighborhood is South Frankfort.Parks,dog walking everywhere. Neighbors know each other and our friendly !"
    3
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 357 Wallace Ave

  • What is the price history for 357 Wallace Ave?
    357 Wallace Ave in Frankfort, KY last sold for $132,000 in June 2026.
  • Is Frankfort a buyer's or seller's market?
    Frankfort is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Frankfort?
    The median sale price in Frankfort is $264K. That is up $8.5K from the prior month.
  • What do residents say about Frankfort?
    Residents describe Frankfort, KY as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Frankfort, KY.
  • Does 357 Wallace Ave have air conditioning?
    Yes, 357 Wallace Ave in Frankfort, KY has air conditioning.
  • Does 357 Wallace Ave have parking?
    Yes, 357 Wallace Ave in Frankfort, KY has on-site parking.

Explore by feature - Pet Friendly

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