Real Estate Investment Properties for Sale in Erlanger, KY

Looking for investment property in Erlanger, KY with high ROI ?

Explore a variety of short-term homes & houses in Erlanger, KY. Invest wisely with VRBO & Erlanger, KY 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 Erlanger, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
411 Commonwealth Ave Erlanger, KY Well maintained 3 bedroom 2-story situated on a large lot (over 1/4 acre)! Clean and pris...	3 beds \| 1 baths \| 1,680 sq.ft.	$265,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.77% Airbnb Rental Income: $1128 Traditional Rental Income: $1500 Airbnb ROI: 0.78% Traditional ROI: 3.77%
3342 Sycamore Tree Ln Erlanger, KY Spacious* New Paint* New CarpetMaster Bed Room has laminated flooring Best Value in NKY...	3 beds \| 1 baths \| 1,508 sq.ft.	$224,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.9% Airbnb Rental Income: $1128 Traditional Rental Income: $1317 Airbnb ROI: 1.24% Traditional ROI: 3.9%
150 Rough River Dr #6 Erlanger, KY Highly sought after second floor unit with desirable 1 car garage, which offers more parki...	2 beds \| 2 baths \| 962 sq.ft.	$160,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.31% Airbnb Rental Income: $967 Traditional Rental Income: $1476 Airbnb ROI: -0.32% Traditional ROI: 5.31%
3131 Riggs Ave Erlanger, KY Check out this 4 possibly 5 bedroom home in Erlanger with wood floors throughout*Kitchen b...	4 beds \| 1 baths \| 1,820 sq.ft.	$279,900	Airbnb cash on cash: 6.17% Traditional cash on cash: 4.35% Airbnb Rental Income: $2877 Traditional Rental Income: $1731 Airbnb ROI: 6.17% Traditional ROI: 4.35%
14 Locust St Erlanger, KY Introducing an exceptional investment opportunity in the desirable Erlanger, Kentucky neig...	N/A beds \| N/A baths \| 1,148 sq.ft.	$212,999	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.58% Airbnb Rental Income: $479 Traditional Rental Income: $980 Airbnb ROI: -1.23% Traditional ROI: 2.58%
805 Stevenson Rd Erlanger, KY Discover comfort, convenience, and peace of mind in this beautifully maintained 3-bedroom,...	3 beds \| 2 baths \| 1,040 sq.ft.	$254,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.42% Airbnb Rental Income: $1128 Traditional Rental Income: $1603 Airbnb ROI: 0.88% Traditional ROI: 4.42%
175 Cave Run Dr #4 Erlanger, KY Lower level unit with wooded views from every window and the cozy screened porch. Great op...	2 beds \| 2 baths \| 1,050 sq.ft.	$169,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.41% Airbnb Rental Income: $967 Traditional Rental Income: $1666 Airbnb ROI: -0.07% Traditional ROI: 6.41%
444 Mcalpin Ave Erlanger, KY Great Investment Opportunity Within Walking Distance To SchoolsRich Hardwood FloorsOvers...	3 beds \| 2 baths \| 1,248 sq.ft.	$252,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.34% Airbnb Rental Income: $1128 Traditional Rental Income: $1556 Airbnb ROI: 0.96% Traditional ROI: 4.34%
3724 Jacqueline Dr Erlanger, KY Step inside this beautifully updates 3 bedroom 1.5 bath Tri-level featuring fresh finishes...	3 beds \| 1 baths \| 1,457 sq.ft.	$259,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.76% Airbnb Rental Income: $1128 Traditional Rental Income: $1704 Airbnb ROI: 0.88% Traditional ROI: 4.76%
NAPLES Plan Erlanger, KY NAPLES Plan, Erlanger, KY 41018 \| Single Family Residential	2 beds \| 2 baths \| 2,279 sq.ft.	$533,600	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.22% Airbnb Rental Income: $967 Traditional Rental Income: $1624 Airbnb ROI: -0.8% Traditional ROI: 1.22%
Carolina A Plan Erlanger, KY Carolina A Plan, Erlanger, KY 41018 \| Single Family Residential	2 beds \| 2 baths \| 1,254 sq.ft.	$290,464	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.29% Airbnb Rental Income: $967 Traditional Rental Income: $1225 Airbnb ROI: 0.06% Traditional ROI: 2.29%
Blue Ridge Modern Farmhouse Plan Erlanger, KY Blue Ridge Modern Farmhouse Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 3 baths \| 2,057 sq.ft.	$370,538	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.63% Airbnb Rental Income: $1128 Traditional Rental Income: $2001 Airbnb ROI: 0.04% Traditional ROI: 3.63%
Ashley A Plan Erlanger, KY Ashley A Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 1,525 sq.ft.	$271,978	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.84% Airbnb Rental Income: $1128 Traditional Rental Income: $1552 Airbnb ROI: 0.71% Traditional ROI: 3.84%
Pleasantview A Plan Erlanger, KY Pleasantview A Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 1,667 sq.ft.	$303,611	Airbnb cash on cash: 0.45% Traditional cash on cash: 3.52% Airbnb Rental Income: $1128 Traditional Rental Income: $1628 Airbnb ROI: 0.45% Traditional ROI: 3.52%
PARKETTE Plan Erlanger, KY PARKETTE Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 3 baths \| 2,284 sq.ft.	$571,800	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.86% Airbnb Rental Income: $1128 Traditional Rental Income: $2075 Airbnb ROI: -0.62% Traditional ROI: 1.86%
Oxford Modern Farmhouse Plan Erlanger, KY Oxford Modern Farmhouse Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 2,110 sq.ft.	$398,233	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.86% Airbnb Rental Income: $1128 Traditional Rental Income: $1837 Airbnb ROI: -0.08% Traditional ROI: 2.86%
Hickory Ridge I A Plan Erlanger, KY Hickory Ridge I A Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 2,109 sq.ft.	$421,752	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.56% Airbnb Rental Income: $1128 Traditional Rental Income: $1837 Airbnb ROI: -0.19% Traditional ROI: 2.56%
Southfork Modern Farmhouse Plan Erlanger, KY Southfork Modern Farmhouse Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 2,193 sq.ft.	$407,173	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.75% Airbnb Rental Income: $1128 Traditional Rental Income: $1850 Airbnb ROI: -0.13% Traditional ROI: 2.75%
ALEXANDER Plan Erlanger, KY	3 beds \| 2 baths \| 1,320 sq.ft.	$428,500	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.35% Airbnb Rental Income: $1128 Traditional Rental Income: $1377 Airbnb ROI: -0.21% Traditional ROI: 1.35%
Brookwood Modern Farmhouse Plan Erlanger, KY Brookwood Modern Farmhouse Plan, Erlanger, KY 41018 \| Single Family Residential	4 beds \| 3 baths \| 2,745 sq.ft.	$473,997	Airbnb cash on cash: 2.92% Traditional cash on cash: 3.07% Airbnb Rental Income: $2877 Traditional Rental Income: $2275 Airbnb ROI: 2.92% Traditional ROI: 3.07%
Berglund Modern Farmhouse Plan Erlanger, KY Berglund Modern Farmhouse Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 2,196 sq.ft.	$440,833	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.4% Airbnb Rental Income: $1128 Traditional Rental Income: $1850 Airbnb ROI: -0.26% Traditional ROI: 2.4%
YAKIMA Plan Erlanger, KY	3 beds \| 2 baths \| 1,773 sq.ft.	$481,200	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.58% Airbnb Rental Income: $1128 Traditional Rental Income: $1640 Airbnb ROI: -0.39% Traditional ROI: 1.58%
BEACHWOOD Plan Erlanger, KY BEACHWOOD Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 1,863 sq.ft.	$478,700	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.73% Airbnb Rental Income: $1128 Traditional Rental Income: $1697 Airbnb ROI: -0.38% Traditional ROI: 1.73%
HOLSTON Plan Erlanger, KY HOLSTON Plan, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 1,506 sq.ft.	$440,700	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.68% Airbnb Rental Income: $1128 Traditional Rental Income: $1552 Airbnb ROI: -0.26% Traditional ROI: 1.68%
MCKENZIE Plan Erlanger, KY	3 beds \| 2 baths \| 1,864 sq.ft.	$480,300	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.72% Airbnb Rental Income: $1128 Traditional Rental Income: $1697 Airbnb ROI: -0.39% Traditional ROI: 1.72%
KENAI Plan Erlanger, KY	3 beds \| 2 baths \| 1,778 sq.ft.	$481,700	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.58% Airbnb Rental Income: $1128 Traditional Rental Income: $1640 Airbnb ROI: -0.39% Traditional ROI: 1.58%
3506 Home Street Erlanger, KY Discover the perfect blend of classic charm and everyday comfort in this 2 bedroom, 1.5 ba...	2 beds \| 2 baths \| 1,634 sq.ft.	$255,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 5.41% Airbnb Rental Income: $967 Traditional Rental Income: $1843 Airbnb ROI: 0.32% Traditional ROI: 5.41%
129 Barren River Dr #9 Erlanger, KY 129 Barren River Dr #9, Erlanger, KY 41018 \| Condo/Coop	2 beds \| 2 baths \| 1,165 sq.ft.	$159,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.35% Airbnb Rental Income: $967 Traditional Rental Income: $1210 Airbnb ROI: -0.53% Traditional ROI: 3.35%
Bedford A Plan Erlanger, KY Bedford A Plan, Erlanger, KY 41018 \| Single Family Residential	4 beds \| 2 baths \| 1,720 sq.ft.	$294,146	Airbnb cash on cash: 5.78% Traditional cash on cash: 4.27% Airbnb Rental Income: $2877 Traditional Rental Income: $1789 Airbnb ROI: 5.78% Traditional ROI: 4.27%
975 Woodsedge Drive Erlanger, KY * Pending when submitted* Hard-to-come-by Waverly end-unit in Erlanger! This desirable...	3 beds \| 3 baths \| 1,568 sq.ft.	$475,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 2.75% Airbnb Rental Income: $1128 Traditional Rental Income: $2140 Airbnb ROI: -0.37% Traditional ROI: 2.75%
3609 Jacqueline Drive Erlanger, KY This inviting 3-bedroom, 2-bathroom residence offers the ideal layout for both everyday li...	3 beds \| 2 baths \| 1,624 sq.ft.	$275,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 5.35% Airbnb Rental Income: $1128 Traditional Rental Income: $1951 Airbnb ROI: 0.72% Traditional ROI: 5.35%
843 Lakerun Lane Erlanger, KY Welcome to this beautifully maintained home in the desirable Lakemont community! Offering ...	5 beds \| 4 baths \| 3,497 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $3377 Airbnb ROI: N/A Traditional ROI: 4.74%
26 Linwood Ave Erlanger, KY 26 Linwood Ave, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 1 baths \| 1,235 sq.ft.	$249,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.88% Airbnb Rental Income: $1128 Traditional Rental Income: $1209 Airbnb ROI: 0.94% Traditional ROI: 2.88%
312 Commonwealth Ave Erlanger, KY 312 Commonwealth Ave, Erlanger, KY 41018 \| Single Family Residential	2 beds \| 2 baths \| 740 sq.ft.	$209,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.61% Airbnb Rental Income: $967 Traditional Rental Income: $978 Airbnb ROI: 0.79% Traditional ROI: 2.61%
584 Watson Rd Erlanger, KY 584 Watson Rd, Erlanger, KY 41018 \| Single Family Residential	2 beds \| 1 baths \| 1,337 sq.ft.	$150,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.74% Airbnb Rental Income: $967 Traditional Rental Income: $1040 Airbnb ROI: 1.8% Traditional ROI: 4.74%
155 Barren River Dr #7 Erlanger, KY 155 Barren River Dr #7, Erlanger, KY 41018 \| Condo/Coop	2 beds \| 2 baths \| 1,116 sq.ft.	$156,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 4.78% Airbnb Rental Income: $967 Traditional Rental Income: $1405 Airbnb ROI: -0.51% Traditional ROI: 4.78%
12 Ironstone Cir Erlanger, KY 12 Ironstone Cir, Erlanger, KY 41018 \| Single Family Residential	3 beds \| 2 baths \| 945 sq.ft.	$260,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 4.66% Airbnb Rental Income: $1128 Traditional Rental Income: $1690 Airbnb ROI: 0.83% Traditional ROI: 4.66%

Real Estate investment in Erlanger, KY

There are 38 properties for sale in the city of Erlanger . The median list price in Erlanger is $292,305 and the average price per square foot is $178. In May 2026, the average monthly cash on cash return in Erlanger is 3.00%. The average monthly rental income in Erlanger is $1,640.

Erlanger, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 38 investment properties available for sale in Erlanger.

In 2026, the best neighborhood to buy investment property is Erlanger.

The ROI for Short-Term is higher than the Long-Term in Erlanger with average rental income of $1,128.

Your search for investment property begins and ends here

Investment Property for Sale in Erlanger, KY

411 Commonwealth Ave

Erlanger, KY

3 beds | 1 baths | 1,680 sq.ft.

$265,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1128

Traditional Rental Income: $1500

Airbnb ROI: 0.78%

Traditional ROI: 3.77%

3342 Sycamore Tree Ln

Erlanger, KY

3 beds | 1 baths | 1,508 sq.ft.

$224,900

Airbnb cash on cash: 1.24%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1128

Traditional Rental Income: $1317

Airbnb ROI: 1.24%

Traditional ROI: 3.9%

150 Rough River Dr #6

Erlanger, KY

2 beds | 2 baths | 962 sq.ft.

$160,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $967

Traditional Rental Income: $1476

Airbnb ROI: -0.32%

Traditional ROI: 5.31%

3131 Riggs Ave

Erlanger, KY

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

$279,900

Airbnb cash on cash: 6.17%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $2877

Traditional Rental Income: $1731

Airbnb ROI: 6.17%

Traditional ROI: 4.35%

14 Locust St

Erlanger, KY

N/A beds | N/A baths | 1,148 sq.ft.

$212,999

Airbnb cash on cash: -1.23%

Traditional cash on cash: 2.58%

Airbnb Rental Income: $479

Traditional Rental Income: $980

Airbnb ROI: -1.23%

Traditional ROI: 2.58%

805 Stevenson Rd

Erlanger, KY

3 beds | 2 baths | 1,040 sq.ft.

$254,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $1128

Traditional Rental Income: $1603

Airbnb ROI: 0.88%

Traditional ROI: 4.42%

175 Cave Run Dr #4

Erlanger, KY

2 beds | 2 baths | 1,050 sq.ft.

$169,900

Airbnb cash on cash: -0.07%

Traditional cash on cash: 6.41%

Airbnb Rental Income: $967

Traditional Rental Income: $1666

Airbnb ROI: -0.07%

Traditional ROI: 6.41%

444 Mcalpin Ave

Erlanger, KY

3 beds | 2 baths | 1,248 sq.ft.

$252,900

Airbnb cash on cash: 0.96%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1128

Traditional Rental Income: $1556

Airbnb ROI: 0.96%