Real Estate Investment Properties for Sale in Frankfort, IN

Looking for investment property in Frankfort, IN with high ROI ?

Explore a variety of short-term homes & houses in Frankfort, IN. Invest wisely with VRBO & Frankfort, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Frankfort, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
353 Brightwood Drive Frankfort, IN Welcome to 353 Brightwood Dr! This beautifully renovated 3 bedroom, 1 bath home offers mod...	3 beds \| 1 baths \| 1,164 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $1513 Airbnb ROI: N/A Traditional ROI: 5.68%
405 Beard Street Frankfort, IN Charming Single-Story Home with Bonus Room, Spacious Garage & Prime Location! Discover com...	3 beds \| 1 baths \| 1,368 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.85% Airbnb Rental Income: $null Traditional Rental Income: $1567 Airbnb ROI: N/A Traditional ROI: 6.85%
2696 E Michigantown Road Frankfort, IN Charming 2-Bedroom Home on 1.56 Acres with Abundant Potential Nestled on 1.56 acres o...	2 beds \| 2 baths \| 1,536 sq.ft.	$260,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.69% Airbnb Rental Income: $1446 Traditional Rental Income: $1896 Airbnb ROI: 2.11% Traditional ROI: 5.69%
353 Harvard Terrace Frankfort, IN WOW!! What a find in Highland Park and Christian Ridge Historic District! This 4 bedroom...	4 beds \| 3 baths \| 2,352 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 4.3%
652 S Jackson Street Frankfort, IN Charming in town bungalow! If character is what you're looking for, this is the perfect pr...	2 beds \| 1 baths \| 1,482 sq.ft.	$195,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.97% Airbnb Rental Income: $1446 Traditional Rental Income: $1001 Airbnb ROI: 3.05% Traditional ROI: 2.97%
1300 Myrtle Avenue Frankfort, IN Completely remodeled bathroom! This home has that log cabin feel to it. Open floor plan wi...	3 beds \| 1 baths \| 2,184 sq.ft.	$265,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $2006 Airbnb ROI: N/A Traditional ROI: 6.23%
458 S Jackson Street Frankfort, IN Discover this stunning 5-bedroom, 3-bathroom gem that beautifully marries historic charm w...	5 beds \| 3 baths \| 3,911 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.42% Airbnb Rental Income: $null Traditional Rental Income: $2996 Airbnb ROI: N/A Traditional ROI: 9.42%
708 Maple Drive Frankfort, IN Welcome home to this charming 3 bedroom, 2 bath residence offering space, comfort, and fun...	3 beds \| 2 baths \| 2,208 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $2362 Airbnb ROI: N/A Traditional ROI: 6.24%
401 Knox Street Frankfort, IN Gorgeous 4-bedroom, 3-bath home situated on two spacious city lots! The kitchen is a chefâ...	4 beds \| 3 baths \| 3,104 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2840 Airbnb ROI: N/A Traditional ROI: 5.21%
840 S Hoke Avenue Frankfort, IN BRAND NEW by Majestic Homes â Spacious & Stylish Cumberland Floor Plan. Welcome to the ...	4 beds \| 3 baths \| 2,676 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2807 Airbnb ROI: N/A Traditional ROI: 4.6%
1309 Lea Court Frankfort, IN Start Showing Date: 6/2/2025 Tucked away in a quiet cul de sac, you will find this lovely ...	4 beds \| 3 baths \| 2,676 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2835 Airbnb ROI: N/A Traditional ROI: 6.84%
837 S Hoke Avenue Frankfort, IN The Tennessee model built by Majestic Homes includes 3 bedrooms, 2 full bathrooms plus a d...	3 beds \| 2 baths \| 1,979 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $2347 Airbnb ROI: N/A Traditional ROI: 3.89%
508 Glendale Drive Frankfort, IN This beautiful home on a spacious corner lot is located in the center of Frankforts Beaut...	2 beds \| 2 baths \| 2,361 sq.ft.	$265,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 6.7% Airbnb Rental Income: $1446 Traditional Rental Income: $2155 Airbnb ROI: 2.14% Traditional ROI: 6.7%
862 S Jackson Street Frankfort, IN Charming Updated Home â Move-In Ready! This beautifully updated home features 3 spacious...	3 beds \| 1 baths \| 1,571 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1534 Airbnb ROI: N/A Traditional ROI: 4.18%
1079 E Wabash Street Frankfort, IN BRAND NEW CONSTRUCTION by Majestic Homes, this beautiful Avery floor plan is located in th...	3 beds \| 2 baths \| 1,589 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 5.03%
2775 E State Road 28 Frankfort, IN Rare Find! This incredible property offers not one but TWO homes, plus acreage and outbuil...	5 beds \| 4 baths \| 4,337 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.57% Airbnb Rental Income: $null Traditional Rental Income: $3680 Airbnb ROI: N/A Traditional ROI: 1.57%
255 N East Street Frankfort, IN Home back on market due to no fault of seller, home has appraised at value and inspection ...	4 beds \| 2 baths \| 2,304 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2300 Airbnb ROI: N/A Traditional ROI: 6.15%
708 Glendale Drive Frankfort, IN Beautifully maintained, charming 4 bedroom, 2 bath home, with basement and garage/carport....	4 beds \| 2 baths \| 1,602 sq.ft.	$206,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.66% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 8.66%
751 Woodland Court Frankfort, IN Welcome to 751 Woodland Ct, a spacious 3 bedroom, 2.5 bath home tucked away on a quiet cul...	3 beds \| 3 baths \| 1,864 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 7.1%
907 Rowe Street Frankfort, IN Built in 2003 and updated in 2022, this modern ranch offers 3 bedrooms, 1 full bath, and a...	3 beds \| 1 baths \| 1,008 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $1327 Airbnb ROI: N/A Traditional ROI: 7.15%
6036 W Turtle Hill Court Frankfort, IN Modern Country Paradise â Where Serenity Meets Style â Escape the noise and discover t...	4 beds \| 3 baths \| 2,833 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: 4.9%
10 E Green Street Frankfort, IN Pull into the private driveway and you will see the beautiful new privacy fenced back yard...	4 beds \| 2 baths \| 2,000 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.91% Airbnb Rental Income: $null Traditional Rental Income: $2327 Airbnb ROI: N/A Traditional ROI: 8.91%
5314 W Gasline Road Frankfort, IN Welcome to your dream home! This exquisite custom built ranch is a true gem, offering an i...	3 beds \| 2 baths \| 1,752 sq.ft.	$248,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 7.07%
208 N Crescent Drive Frankfort, IN Located at 208 N Crescent Drive in Frankfort, this 3-bedroom, 1-bath bungalow offers comfo...	3 beds \| 1 baths \| 864 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $1370 Airbnb ROI: N/A Traditional ROI: 6.02%
557 E Boone Street Frankfort, IN Ready to move in house. Over 2,600 feet squared of finished space. Big backyard with extra...	4 beds \| 3 baths \| 2,636 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 8.61%
1309 N County Road 30 East Frankfort, IN Welcome home to this spacious 4-bedroom, 2 bath home situated on a beautiful 1 acre lot wi...	4 beds \| 2 baths \| 3,332 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $1847 Airbnb ROI: N/A Traditional ROI: 3.84%
1828 Southridge Drive Frankfort, IN Welcome to comfort and flexibility in the 2023-built home located in one of Frankfort's mo...	4 beds \| 3 baths \| 2,812 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2264 Airbnb ROI: N/A Traditional ROI: 4.48%
1259 E Washington Street Frankfort, IN Welcome to 1259 E Washington St in Frankfort! This charming 3-bedroom, 2-bath home offers ...	3 beds \| 2 baths \| 1,148 sq.ft.	$217,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 5.9%
574 S Meadow Lane East Drive Frankfort, IN Welcome to your dream home! This exquisite custom-built ranch is a true gem, offering an i...	3 beds \| 2 baths \| 1,856 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2262 Airbnb ROI: N/A Traditional ROI: 5.4%
1510 E Walnut Street Frankfort, IN Motivated Seller - Bring your offers! You must see this cozy ranch style home that has bee...	3 beds \| 2 baths \| 1,746 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $2058 Airbnb ROI: N/A Traditional ROI: 6.7%
1401 W Morrison Street Frankfort, IN Discover the perfect blend of comfort and functionality in this charming 2-bedroom, 2-bath...	2 beds \| 2 baths \| 1,096 sq.ft.	$175,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 7.1% Airbnb Rental Income: $1446 Traditional Rental Income: $1542 Airbnb ROI: 3.94% Traditional ROI: 7.1%
1835 Southridge Drive Frankfort, IN Beautiful 2023 Majestic Homes âLaramieâ model featuring 3 bedrooms, 2 bathrooms, and a...	3 beds \| 2 baths \| 1,768 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 5.26%
521 N Young Street Frankfort, IN Discover the possibilities at 521 N Young Street in Frankfort, IN-a classic single-family ...	2 beds \| 1 baths \| 1,204 sq.ft.	$185,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 6.35% Airbnb Rental Income: $1446 Traditional Rental Income: $1534 Airbnb ROI: 3.4% Traditional ROI: 6.35%
608 Ann Street Frankfort, IN YOUR NEXT CHAPTER STARTS HERE: Welcome to this beautifully updated home featuring 3 bedroo...	3 beds \| 2 baths \| 1,330 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1865 Airbnb ROI: N/A Traditional ROI: 6.23%
1058 E South Street Frankfort, IN New Majestic Home built in the heart of Frankfort. The Turner floor plan offers 3 bedroom...	3 beds \| 2 baths \| 1,739 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.97% Airbnb Rental Income: $null Traditional Rental Income: $2163 Airbnb ROI: N/A Traditional ROI: 5.97%
450 W Green Street Frankfort, IN This home has 3 bedrooms and 1 full bath. there is an apartment in the back with 15x12 kit...	3 beds \| 1 baths \| 3,050 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $1652 Airbnb ROI: N/A Traditional ROI: 9.08%
5418 W Gas Line Road Frankfort, IN Welcome to your own slice of country paradise! This stunning 5-bedroom, 2.5-bathroom home ...	5 beds \| 3 baths \| 3,504 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $3187 Airbnb ROI: N/A Traditional ROI: 3.98%
1758 E Clinton Street Frankfort, IN Back on market at no fault of seller! Welcome to this adorable 3-bedroom, 1-bathroom gem i...	3 beds \| 1 baths \| 1,548 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1548 Airbnb ROI: N/A Traditional ROI: 6.44%
556 W Boone Street Frankfort, IN So much potential with this 2 bedroom home located in the heart of Frankfort, Indiana. Thi...	2 beds \| 1 baths \| 1,014 sq.ft.	$135,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 7.36% Airbnb Rental Income: $1446 Traditional Rental Income: $1268 Airbnb ROI: 5.41% Traditional ROI: 7.36%
3799 N Herston Drive Frankfort, IN Check out this amazing new listing in Lake Ridge Estates! Tucked away in a private corner ...	4 beds \| 3 baths \| 2,176 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2900 Airbnb ROI: N/A Traditional ROI: 6.15%

Real Estate investment in Frankfort, IN

There are 43 properties for sale in the city of Frankfort . The median list price in Frankfort is $265,000 and the average price per square foot is $121. In December 2025, the average monthly cash on cash return in Frankfort is 6.00%. The average monthly rental income in Frankfort is $2,097.

Frankfort, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 43 investment properties available for sale in Frankfort.

In 2025, the best neighborhood to buy investment property is Frankfort.

The ROI for Long-Term is higher than the Short-Term in Frankfort with average rental income of $2,097.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, IN

353 Brightwood Drive

Frankfort, IN

3 beds | 1 baths | 1,164 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $1513

Airbnb ROI: N/A

Traditional ROI: 5.68%

405 Beard Street

Frankfort, IN

3 beds | 1 baths | 1,368 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1567

Airbnb ROI: N/A

Traditional ROI: 6.85%

2696 E Michigantown Road

Frankfort, IN

2 beds | 2 baths | 1,536 sq.ft.

$260,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1446

Traditional Rental Income: $1896

Airbnb ROI: 2.11%

Traditional ROI: 5.69%

353 Harvard Terrace

Frankfort, IN

4 beds | 3 baths | 2,352 sq.ft.

$349,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2096

Airbnb ROI: N/A

Traditional ROI: 4.3%

652 S Jackson Street

Frankfort, IN

2 beds | 1 baths | 1,482 sq.ft.

$195,000

Airbnb cash on cash: 3.05%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $1446

Traditional Rental Income: $1001

Airbnb ROI: 3.05%

Traditional ROI: 2.97%

1300 Myrtle Avenue

Frankfort, IN

3 beds | 1 baths | 2,184 sq.ft.

$265,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2006

Airbnb ROI: N/A

Traditional ROI: 6.23%

458 S Jackson Street

Frankfort, IN

5 beds | 3 baths | 3,911 sq.ft.

$279,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2996

Airbnb ROI: N/A

Traditional ROI: 9.42%

708 Maple Drive

Frankfort, IN

3 beds | 2 baths | 2,208 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.24%

Airbnb Rental Income: $null

Traditional Rental Income: $2362

Airbnb ROI: N/A