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
350 S Main Street Frankfort, IN Convenient to Indy, Lebanon, Lafayette, Kokomo!! Immerse yourself in the energy of Histori...	4 beds \| 3 baths \| 3,178 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 7%
1580 E Garnett Drive Frankfort, IN LAKEFRONT LIVING. ROOM TO BREATHE. A HOME THAT IS TRULY DIFFERENT. Imagine starting your m...	3 beds \| 4 baths \| 3,200 sq.ft.	$590,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $2595 Airbnb ROI: N/A Traditional ROI: 2.89%
500 E Washington Street Frankfort, IN A rare opportunity to own a piece of Frankfort history-Stoney Heights is now available for...	3 beds \| 4 baths \| 4,975 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $1995 Airbnb ROI: N/A Traditional ROI: 1.56%
50 Main Avenue Frankfort, IN There is so much to love about this 4 bedroom, 2 full bath home, starting with its welcomi...	4 beds \| 2 baths \| 2,128 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 6.88%
1459 E Walnut Street Frankfort, IN Welcome home! This charming, well-maintained 3-bedroom, 1-bath home offers 1,040 sq ft of ...	3 beds \| 1 baths \| 1,040 sq.ft.	$209,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1228 Airbnb ROI: N/A Traditional ROI: 4.08%
208 N East Street Frankfort, IN Welcome home to this spacious two-story property offering charm, character, and plenty of ...	3 beds \| 1 baths \| 1,546 sq.ft.	$143,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $908 Airbnb ROI: N/A Traditional ROI: 4.06%
507 E McClurg Street Frankfort, IN Opportunity for the experienced investor or renovator! This 2-bedroom, 1-bath home offers ...	2 beds \| 1 baths \| 960 sq.ft.	$85,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $909 Airbnb ROI: N/A Traditional ROI: 7.97%
353 Harvard Terrace Frankfort, IN WOW!! What a find in Highland Park and Christian Ridge Historic District! This 4 bedroom c...	4 beds \| 3 baths \| 2,640 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 4.84%
1454 W McClurg Street Frankfort, IN Beautifully remodeled 3 bedroom, 2 full bath ranch offering over 2,800 sq ft of spacious l...	3 beds \| 2 baths \| 2,714 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.31% Airbnb Rental Income: $null Traditional Rental Income: $2326 Airbnb ROI: N/A Traditional ROI: 7.31%
250 W Avery Street Frankfort, IN Spacious, stylish, and full of surprises! This beautifully maintained ranch offers room to...	4 beds \| 2 baths \| 2,128 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $2734 Airbnb ROI: N/A Traditional ROI: 8.51%
1101 W McClurg Street Frankfort, IN Welcome to this generously sized 5-bedroom, 2-full-bath home offering plenty of room for c...	5 beds \| 2 baths \| 1,566 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.59% Airbnb Rental Income: $null Traditional Rental Income: $2158 Airbnb ROI: N/A Traditional ROI: 9.59%
1102 Myrtle Streets Frankfort, IN Beautifully updated 4-bedroom, 2 full bath home situated on a spacious corner lot! This mo...	4 beds \| 2 baths \| 1,176 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 5.11%
857 S Hoke Avenue Frankfort, IN WELCOME TO THE BRAND-NEW DELAWARE FLOOR PLAN BY MAJESTIC HOMES! Ideally located in the new...	3 beds \| 3 baths \| 2,467 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2595 Airbnb ROI: N/A Traditional ROI: 3.9%
357 Sims Street Frankfort, IN Welcome to 357 Sims Street! This 2 bedroom, 1 bath home offers spacious living and dining ...	2 beds \| 1 baths \| 1,048 sq.ft.	$160,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $914 Airbnb ROI: N/A Traditional ROI: 3.67%
801 Eastwood Drive Frankfort, IN Imagine coming home to 801 Eastwood Drive, where comfort, space, and outdoor living come t...	4 beds \| 3 baths \| 2,701 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $1800 Airbnb ROI: N/A Traditional ROI: 2.13%
700 S Jackson Street Frankfort, IN OPEN HOUSE FROM 1-3 ON SUNDAY SEPTEMBER 13th! This home has character! Original woodwork, ...	3 beds \| 2 baths \| 2,002 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $1870 Airbnb ROI: N/A Traditional ROI: 6.89%
1831 Southridge Drive Frankfort, IN Welcome to this beautifully maintained home in the desirable Southridge subdivision. Featu...	3 beds \| 2 baths \| 1,716 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $1905 Airbnb ROI: N/A Traditional ROI: 4.12%
1840 Southridge Drive Frankfort, IN Built in 2022, this beautifully maintained property features charming stone and blue sidin...	3 beds \| 2 baths \| 1,860 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $1977 Airbnb ROI: N/A Traditional ROI: 4.02%
1432 S County Road 200 W Frankfort, IN Welcome home to this beautifully remodeled property nestled in a peaceful country setting ...	3 beds \| 2 baths \| 1,726 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $1704 Airbnb ROI: N/A Traditional ROI: 3.93%
857 E Clinton Street Frankfort, IN OPEN HOUSE Sunday NOV 1st, 2026 from 1-3pm. Character galore in this home! Natural woodwor...	3 beds \| 2 baths \| 2,857 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.1% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 5.1%
1062 N Union Road Frankfort, IN Some properties have a way of making you want to stay awhile. Set on 4.9 acres with mature...	4 beds \| 1 baths \| 2,036 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $1254 Airbnb ROI: N/A Traditional ROI: 1.42%
1102 E Washington Street Frankfort, IN Charming 3-bedroom, 1-bath home with over 1,300 sq. ft. of living space! The third bedroom...	2 beds \| 1 baths \| 1,365 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1006 Airbnb ROI: N/A Traditional ROI: 4.18%
1620 E Washington Street Frankfort, IN Completely remodeled top to bottom and move-in ready! This 3 bedroom, 1 bath home features...	3 beds \| 1 baths \| 1,320 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1155 Airbnb ROI: N/A Traditional ROI: 3.54%
621 E 800 S Frankfort, IN Outstanding mini farm opportunity! Approx 20 acres tillable, 2.8 acres mature woods (for m...	3 beds \| 2 baths \| 1,144 sq.ft.	$409,625	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $1319 Airbnb ROI: N/A Traditional ROI: 1.68%
559 E Jefferson Street Frankfort, IN 3 bedroom 2 full bath home is ready to become yours! Over 1600 SF of living space - 2 car ...	3 beds \| 2 baths \| 1,680 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $1648 Airbnb ROI: N/A Traditional ROI: 6.77%
1759 E Clinton Street Frankfort, IN This charming, corner lot home features 3 BR, 1 Bath, and 1,968 square feet of living spac...	3 beds \| 1 baths \| 1,968 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $1220 Airbnb ROI: N/A Traditional ROI: 4.09%
1049 E Wabash Street Frankfort, IN BRAND NEW CONSTRUCTION BY MAJESTIC HOMES! This beautiful Avery floor plan offers nearly 1,...	3 beds \| 2 baths \| 1,589 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $1998 Airbnb ROI: N/A Traditional ROI: 5.31%
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%
3316 W County Road 500 N Frankfort, IN Situated on a little more than 2.5 acres in the Rossville School District, this charming 2...	2 beds \| 1 baths \| 1,316 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $1169 Airbnb ROI: N/A Traditional ROI: 3%
5795 W State Rd 28 Frankfort, IN Beautiful country home on 1.69 acres in Clinton Prairie School District. Large barn for al...	3 beds \| 2 baths \| 1,798 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 3.66%
2144 S County Rd 1300 E Frankfort, IN 2144 S County Road 1300 E is situated on just under 4 acres of land outside of Frankfort. ...	3 beds \| 2 baths \| 2,641 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $1760 Airbnb ROI: N/A Traditional ROI: 3.09%
902 S Hoke Avenue Frankfort, IN	3 beds \| 3 baths \| 2,050 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $2523 Airbnb ROI: N/A Traditional ROI: 4.33%
4920 S Old County Road 500 W Frankfort, IN Welcome to 4920 S Co Rd 500 W in Frankfort, IN! Nestled on over 1 acre at the end of a pri...	4 beds \| 3 baths \| 2,976 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A Traditional ROI: 4.2%
1251 W Jefferson Street Frankfort, IN Fresh paint, new carpet, and two very large upstairs bedrooms are just the beginning at 12...	3 beds \| 1 baths \| 2,080 sq.ft.	$168,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 7.3%
9460 N State Rd 29 Frankfort, IN Country living with the space you've been looking for! This brick ranch offers 3 bedrooms,...	3 beds \| 2 baths \| 1,320 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.83% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 6.83%
95 E Co Road 180 N Frankfort, IN Welcome home to this charming 3-bedroom ranch with an incredible outdoor setup. The main f...	3 beds \| 3 baths \| 3,090 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $1970 Airbnb ROI: N/A Traditional ROI: 3.57%
300 E South Street Frankfort, IN Over 4,000 square feet, 4 bedrooms, 2 full baths and so much original character. Hardwood ...	4 beds \| 2 baths \| 4,046 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 6.43%
1310 E Washington Street Frankfort, IN This 2-bedroom, 1-bath bungalow-style home offers an opportunity for renovation and invest...	2 beds \| 1 baths \| 928 sq.ft.	$108,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $853 Airbnb ROI: N/A Traditional ROI: 3.57%
562 S Meadow Lane W Drive Frankfort, IN Discover the charm and comfort of this well-maintained 3 BR/1 Bath home offering 1,536 squ...	3 beds \| 1 baths \| 1,536 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $1278 Airbnb ROI: N/A Traditional ROI: 3.94%
300 E Armstrong Street Frankfort, IN Located in the historic Christian Ridge District, this lovely home is move-in ready! Many,...	3 beds \| 1 baths \| 1,614 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.64% Airbnb Rental Income: $null Traditional Rental Income: $1709 Airbnb ROI: N/A Traditional ROI: 7.64%

Real Estate investment in Frankfort, IN

There are 40 properties for sale in the city of Frankfort . The median list price in Frankfort is $176,916 and the average price per square foot is $81. In November 2026, the average monthly cash on cash return in Frankfort is 4.00%. The average monthly rental income in Frankfort is $1,773.

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

There are 40 investment properties available for sale in Frankfort.

The ROI for Short-Term is higher than the Long-Term in Frankfort with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, IN

350 S Main Street

Frankfort, IN

4 beds | 3 baths | 3,178 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7%

Airbnb Rental Income: $null

Traditional Rental Income: $2416

Airbnb ROI: N/A

Traditional ROI: 7%

1580 E Garnett Drive

Frankfort, IN

3 beds | 4 baths | 3,200 sq.ft.

$590,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2595

Airbnb ROI: N/A

Traditional ROI: 2.89%

500 E Washington Street

Frankfort, IN

3 beds | 4 baths | 4,975 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.56%

Airbnb Rental Income: $null

Traditional Rental Income: $1995

Airbnb ROI: N/A

Traditional ROI: 1.56%

50 Main Avenue

Frankfort, IN

4 beds | 2 baths | 2,128 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2016

Airbnb ROI: N/A

Traditional ROI: 6.88%

1459 E Walnut Street

Frankfort, IN

3 beds | 1 baths | 1,040 sq.ft.

$209,999

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $1228

Airbnb ROI: N/A

Traditional ROI: 4.08%

208 N East Street

Frankfort, IN

3 beds | 1 baths | 1,546 sq.ft.

$143,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $908

Airbnb ROI: N/A

Traditional ROI: 4.06%

507 E McClurg Street

Frankfort, IN

2 beds | 1 baths | 960 sq.ft.

$85,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.97%

Airbnb Rental Income: $null

Traditional Rental Income: $909

Airbnb ROI: N/A

Traditional ROI: 7.97%

353 Harvard Terrace

Frankfort, IN

4 beds | 3 baths | 2,640 sq.ft.

$309,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2096

Airbnb ROI: N/A