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.	$185,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $1554 Airbnb ROI: N/A Traditional ROI: 6.37%
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.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.74% Airbnb Rental Income: $null Traditional Rental Income: $2996 Airbnb ROI: N/A Traditional ROI: 8.74%
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.	$265,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.57% Airbnb Rental Income: $1636 Traditional Rental Income: $1896 Airbnb ROI: 2.68% Traditional ROI: 5.57%
1510 E Walnut Street Frankfort, IN You must see this cozy ranch style home that has been very well maintained. 3 Bedrooms, 1...	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%
455 E Barner Street Frankfort, IN This beautifully renovated triplex is the perfect blend of modern updates and income poten...	3 beds \| 3 baths \| 1,820 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2214 Airbnb ROI: N/A Traditional ROI: 7.44%
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.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $2835 Airbnb ROI: N/A Traditional ROI: 6.62%
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%
1053 Burlington Avenue Frankfort, IN Welcome to this spacious and well-maintained 4-bedroom, 1.5-bath home, ideally situated in...	4 beds \| 2 baths \| 2,307 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $2433 Airbnb ROI: N/A Traditional ROI: 7.79%
508 Glendale Drive Frankfort, IN Welcome to 508 Glendale Driveâa solid stone ranch offering timeless charm, modern update...	2 beds \| 2 baths \| 2,361 sq.ft.	$275,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 6.42% Airbnb Rental Income: $1636 Traditional Rental Income: $2155 Airbnb ROI: 2.64% Traditional ROI: 6.42%
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.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 4.07%
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.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 4.67%
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.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 5.04%
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.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1534 Airbnb ROI: N/A Traditional ROI: 4.08%
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.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $1788 Airbnb ROI: N/A Traditional ROI: 7.4%
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.	$195,000	Airbnb cash on cash: 4% Traditional cash on cash: 5.94% Airbnb Rental Income: $1636 Traditional Rental Income: $1534 Airbnb ROI: 4% Traditional ROI: 5.94%
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%
9665 N COUNTY RD 250 E Frankfort, IN Tucked away on over 6.5 wooded acres, this timeless brick two-story offers the kind of set...	4 beds \| 1 baths \| 2,874 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $1817 Airbnb ROI: N/A Traditional ROI: 3.93%
258 E South Street Frankfort, IN Welcome to 258 E South St in the heart of Frankfort! This spacious 4-bedroom home with an ...	4 beds \| 3 baths \| 3,016 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.94% Airbnb Rental Income: $null Traditional Rental Income: $3042 Airbnb ROI: N/A Traditional ROI: 11.94%
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: 4.89% Traditional cash on cash: 7.1% Airbnb Rental Income: $1636 Traditional Rental Income: $1542 Airbnb ROI: 4.89% Traditional ROI: 7.1%
409 Kentwood Drive Frankfort, IN Welcome to 409 Kentwood Drive! This 2 bedroom and 1.5 bath home is conveniently located cl...	2 beds \| 2 baths \| 1,753 sq.ft.	$205,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 7.95% Airbnb Rental Income: $1636 Traditional Rental Income: $1989 Airbnb ROI: 3.77% Traditional ROI: 7.95%
360 S Broadway Street Frankfort, IN This home has a country feel, but it is located close to the city and its amenities. This ...	3 beds \| 2 baths \| 1,264 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $1864 Airbnb ROI: N/A Traditional ROI: 6.11%
459 N Columbia Street Frankfort, IN Welcome to 459 N. Columbia Street in Frankfort, Indianaâjust a short walk from the heart...	4 beds \| 1 baths \| 968 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $1363 Airbnb ROI: N/A Traditional ROI: 6.29%
1587 E Kelley Road Frankfort, IN Motivated Seller!!!! Welcome to your new home! This charming modern 3 bedroom, 2 bathroom ...	3 beds \| 2 baths \| 1,320 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $1859 Airbnb ROI: N/A Traditional ROI: 4.43%
1509 E Clinton Street Frankfort, IN Checks all the boxes! Fantastic two story home with the cutest curb appeal has three nice...	3 beds \| 2 baths \| 1,404 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 7.72%
6232 W Old State Road 28 Frankfort, IN Tucked away at the end of a quiet cul-de-sac, this 4-bedroom, 1-bath home sits on a genero...	4 beds \| 1 baths \| 1,544 sq.ft.	$148,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.37% Airbnb Rental Income: $null Traditional Rental Income: $1631 Airbnb ROI: N/A Traditional ROI: 9.37%
1809 E Kelley Road Frankfort, IN Beautifully updated 3-bedroom, 2-bath all brick ranch with incredible space inside and out...	3 beds \| 2 baths \| 1,809 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2153 Airbnb ROI: N/A Traditional ROI: 5.27%
1254 N State Road 39 Frankfort, IN This stunning remodeled home sits on a spacious 1.5-acre lot and offers the perfect combin...	3 beds \| 3 baths \| 2,384 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $2774 Airbnb ROI: N/A Traditional ROI: 6.23%

Real Estate investment in Frankfort, IN

There are 28 properties for sale in the city of Frankfort . The median list price in Frankfort is $260,000 and the average price per square foot is $120. In September 2025, the average monthly cash on cash return in Frankfort is 6.00%. The average monthly rental income in Frankfort is $2,125.

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

There are 28 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 $2,125.

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.

$185,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.37%

Airbnb Rental Income: $null

Traditional Rental Income: $1554

Airbnb ROI: N/A

Traditional ROI: 6.37%

458 S Jackson Street

Frankfort, IN

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

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2996

Airbnb ROI: N/A

Traditional ROI: 8.74%

2696 E Michigantown Road

Frankfort, IN

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

$265,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $1636

Traditional Rental Income: $1896

Airbnb ROI: 2.68%

Traditional ROI: 5.57%

1510 E Walnut Street

Frankfort, IN

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%

455 E Barner Street

Frankfort, IN

3 beds | 3 baths | 1,820 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2214

Airbnb ROI: N/A

Traditional ROI: 7.44%

840 S Hoke Avenue

Frankfort, IN

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

4 beds | 3 baths | 2,676 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2835

Airbnb ROI: N/A

Traditional ROI: 6.62%

837 S Hoke Avenue

Frankfort, IN

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