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
657 Burlington Avenue Frankfort, IN You will be amazed by all the new updates in this 4 bedroom home! Updates include New tea...	4 beds \| 1 baths \| 1,822 sq.ft.	$182,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $1554 Airbnb ROI: N/A Traditional ROI: 6.51%
458 W Morrison Street Frankfort, IN Welcome Home! Step into this charming 3 bedroom, 2 bathroom home that's perfect for first ...	3 beds \| 2 baths \| 1,232 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $1788 Airbnb ROI: N/A Traditional ROI: 7.83%
652 Rossville Avenue Frankfort, IN Built in 1915, this 4-bedroom, 1.5-bathroom home offers timeless charm paired with comfort...	4 beds \| 1 baths \| 1,340 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.48% Airbnb Rental Income: $null Traditional Rental Income: $1618 Airbnb ROI: N/A Traditional ROI: 7.48%
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%
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: 2.79% Traditional cash on cash: 5.69% Airbnb Rental Income: $1649 Traditional Rental Income: $1896 Airbnb ROI: 2.79% Traditional ROI: 5.69%
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.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $1847 Airbnb ROI: N/A Traditional ROI: 3.48%
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%
1814 Southridge Drive Frankfort, IN Beautiful and tastefully decorated 3-bedroom, 2-bath ranch plus a den/office that could al...	3 beds \| 2 baths \| 1,602 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1951 Airbnb ROI: N/A Traditional ROI: 4.42%
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.	$209,900	Airbnb cash on cash: 3.62% Traditional cash on cash: 2.7% Airbnb Rental Income: $1649 Traditional Rental Income: $1001 Airbnb ROI: 3.62% Traditional ROI: 2.7%
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.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $2006 Airbnb ROI: N/A Traditional ROI: 6%
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%
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%
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.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $2058 Airbnb ROI: N/A Traditional ROI: 5.96%
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: 4.96% Traditional cash on cash: 7.1% Airbnb Rental Income: $1649 Traditional Rental Income: $1542 Airbnb ROI: 4.96% Traditional ROI: 7.1%
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.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2835 Airbnb ROI: N/A Traditional ROI: 6.73%
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: 2.82% Traditional cash on cash: 6.7% Airbnb Rental Income: $1649 Traditional Rental Income: $2155 Airbnb ROI: 2.82% Traditional ROI: 6.7%
5184 E County Road 100 N Frankfort, IN Charming county retreat on 2.008 acres offering space, versatility, and comfort. The main ...	3 beds \| 2 baths \| 1,580 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 5.34%
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.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 5.14%
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%
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: 4.37% Traditional cash on cash: 6.35% Airbnb Rental Income: $1649 Traditional Rental Income: $1534 Airbnb ROI: 4.37% 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.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $1865 Airbnb ROI: N/A Traditional ROI: 6.09%
509 N Gentry Street Frankfort, IN Adorable 3-Bedroom Bungalow on a Quiet Street Near Downtown Frankfort. This well-maintain...	3 beds \| 1 baths \| 1,092 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $1435 Airbnb ROI: N/A Traditional ROI: 5.67%
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%
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%
6220 W CR 200 N Frankfort, IN This home offers 3 spacious bedrooms and 3 full baths, including a primary suite with both...	3 beds \| 6 baths \| 2,224 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $3767 Airbnb ROI: N/A Traditional ROI: 5.43%
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%
4067 S County Rd O EW Frankfort, IN Cute as button and full of style and character, this delightful 3 bedroom home offers ever...	3 beds \| 1 baths \| 1,502 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $1588 Airbnb ROI: N/A Traditional ROI: 5.36%
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 Welcome to this adorable 3-bedroom, 1-bathroom gem in Frankfort. This well-maintained home...	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%
5750 N County Road 100 E Frankfort, IN Looking to escape the stress and noise of everyday life? This beautifully secluded farmhou...	4 beds \| 2 baths \| 2,069 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 5.03%
255 N East Street Frankfort, IN Completely remodeled from the studs up, this 4-bedroom, 2-bath home is designed for modern...	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.	$212,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 8.39%
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.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 6.81%
1258 Magnolia Avenue Frankfort, IN Welcome to 1258 Magnolia Avenue in Frankfort! This spacious 4 bedroom, 2.5 bath home offer...	4 beds \| 3 baths \| 1,446 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 8.38%
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.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $1327 Airbnb ROI: N/A Traditional ROI: 6.43%

Real Estate investment in Frankfort, IN

There are 38 properties for sale in the city of Frankfort . The median list price in Frankfort is $274,900 and the average price per square foot is $125. In October 2025, the average monthly cash on cash return in Frankfort is 6.00%. The average monthly rental income in Frankfort is $2,096.

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

There are 38 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 $2,096.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, IN

657 Burlington Avenue

Frankfort, IN

4 beds | 1 baths | 1,822 sq.ft.

$182,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1554

Airbnb ROI: N/A

Traditional ROI: 6.51%

458 W Morrison Street

Frankfort, IN

3 beds | 2 baths | 1,232 sq.ft.

$189,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1788

Airbnb ROI: N/A

Traditional ROI: 7.83%

652 Rossville Avenue

Frankfort, IN

4 beds | 1 baths | 1,340 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1618

Airbnb ROI: N/A

Traditional ROI: 7.48%

557 E Boone Street

Frankfort, IN

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%

2696 E Michigantown Road

Frankfort, IN

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

$260,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1649

Traditional Rental Income: $1896

Airbnb ROI: 2.79%

Traditional ROI: 5.69%

1309 N County Road 30 East

Frankfort, IN

4 beds | 2 baths | 3,332 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1847

Airbnb ROI: N/A

Traditional ROI: 3.48%

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%

1814 Southridge Drive

Frankfort, IN

3 beds | 2 baths | 1,602 sq.ft.

$339,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1951

Airbnb ROI: N/A