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
516 Hallam Avenue Erlanger, KY PRICE REDUCED Solid brick ranch with flat, usable yard! Have you been looking for the ...	3 beds \| 2 baths \| 945 sq.ft.	$232,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.49% Airbnb Rental Income: $1514 Traditional Rental Income: $1484 Airbnb ROI: 2.61% Traditional ROI: 4.49%
3402 Southway Ridge Erlanger, KY Simply Spectacular! One of a Kind Drees Anniversary Home w Modern Smart Technology & Extra...	3 beds \| 4 baths \| 3,570 sq.ft.	$715,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.17% Airbnb Rental Income: $1514 Traditional Rental Income: $2848 Airbnb ROI: -0.5% Traditional ROI: 2.17%
3947 Ashmont Drive Erlanger, KY Former Drees model home with approximately 3200 sq ft of finished living space across 3 le...	4 beds \| 4 baths \| 3,246 sq.ft.	$515,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.87% Airbnb Rental Income: $1482 Traditional Rental Income: $3386 Airbnb ROI: 0.01% Traditional ROI: 4.87%
126 Clay St Erlanger, KY This 3-bedroom, 1-bathroom home offers 1,322 square feet of living space and is in need of...	3 beds \| 1 baths \| 1,322 sq.ft.	$175,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 7.24% Airbnb Rental Income: $1514 Traditional Rental Income: $1608 Airbnb ROI: 4.03% Traditional ROI: 7.24%
3295 Kingsburg Court Erlanger, KY Tucked away on a quiet cul-de-sac, this 4-bedroom, 4-bath home offers nearly 2,500 sq ft o...	4 beds \| 4 baths \| 2,468 sq.ft.	$395,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.45% Airbnb Rental Income: $1482 Traditional Rental Income: $2059 Airbnb ROI: 0.72% Traditional ROI: 3.45%
403 Locust Street Erlanger, KY Charming 4 bedroom cape-cod on a welcoming street in Erlanger. Located minutes to major hi...	4 beds \| 2 baths \| 1,286 sq.ft.	$230,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 6.07% Airbnb Rental Income: $1482 Traditional Rental Income: $1804 Airbnb ROI: 2.59% Traditional ROI: 6.07%
34 Delphi Drive Erlanger, KY Welcome home to this beautifully updated 3-bedroom, 2-bath property in the heart of Erlang...	3 beds \| 2 baths \| 1,194 sq.ft.	$274,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.36% Airbnb Rental Income: $1514 Traditional Rental Income: $1703 Airbnb ROI: 1.93% Traditional ROI: 4.36%
3949 Thomas Drive Erlanger, KY Vacation living without ever leaving home! This gorgeous 4-bed, 2.5-bath retreat sits on n...	4 beds \| 2 baths \| 1,832 sq.ft.	$364,800	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.25% Airbnb Rental Income: $1482 Traditional Rental Income: $2181 Airbnb ROI: 0.93% Traditional ROI: 4.25%
3917 Rankin Drive Erlanger, KY Convenient Main Level Living Offering an Open Plan & Fenced-in Yard with Extended Patio. N...	3 beds \| 2 baths \| 1,242 sq.ft.	$234,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.5% Airbnb Rental Income: $1514 Traditional Rental Income: $1725 Airbnb ROI: 2.56% Traditional ROI: 5.5%
811 Rudolph Way Erlanger, KY This Custom Built Home by True North Design Build, LLC will feature quality craftsmanship ...	4 beds \| 2 baths \| N/A	$569,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 2.07% Airbnb Rental Income: $1482 Traditional Rental Income: $2184 Airbnb ROI: -0.06% Traditional ROI: 2.07%
304 Forest Avenue Erlanger, KY Discover this charming Cape Cod offering 2 bedrooms and 1.5 baths, perfectly blending char...	2 beds \| 2 baths \| 962 sq.ft.	$215,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.4% Airbnb Rental Income: $1218 Traditional Rental Income: $1571 Airbnb ROI: 1.75% Traditional ROI: 5.4%
805 Stevenson Road Erlanger, KY Discover comfort, convenience, and peace of mind in this beautifully maintained 3-bedroom,...	3 beds \| 2 baths \| 1,040 sq.ft.	$270,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.07% Airbnb Rental Income: $1514 Traditional Rental Income: $1603 Airbnb ROI: 1.99% Traditional ROI: 4.07%
1007 Stevenson Road Erlanger, KY Welcome home to this beautifully updated 3/4-bedroom, 2-full-bath gem in the heart of Erla...	4 beds \| 2 baths \| 1,107 sq.ft.	$259,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.87% Airbnb Rental Income: $1482 Traditional Rental Income: $1741 Airbnb ROI: 2.03% Traditional ROI: 4.87%
3508 Susan Lewis Drive Erlanger, KY Welcome to this charming 2-bedroom, 1-bath home in the heart of Erlanger! Perfect for firs...	2 beds \| 1 baths \| N/A	$229,999	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.57% Airbnb Rental Income: $1218 Traditional Rental Income: $1277 Airbnb ROI: 1.5% Traditional ROI: 3.57%
125 Commonwealth Avenue Erlanger, KY OPEN HOUSE SUNDAY NOV 9, 11-1 Step into a piece of history, meticulously renovated fro...	4 beds \| 4 baths \| 3,700 sq.ft.	$475,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.16% Airbnb Rental Income: $1482 Traditional Rental Income: $3374 Airbnb ROI: 0.92% Traditional ROI: 6.16%
3395 Cedar Tree Lane Erlanger, KY Welcome Home to this Beautifully Updated 3 Bedroom Ranch offering Comfort, Convenience, an...	3 beds \| 1 baths \| 1,250 sq.ft.	$217,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.05% Airbnb Rental Income: $1514 Traditional Rental Income: $1450 Airbnb ROI: 3.22% Traditional ROI: 5.05%
3213 Riggs Avenue Erlanger, KY Welcome home to this beautifully remodeled 3-bedroom, 1-bath ranch in the heart of Erlange...	3 beds \| 1 baths \| 1,089 sq.ft.	$231,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 4.03% Airbnb Rental Income: $1514 Traditional Rental Income: $1367 Airbnb ROI: 2.69% Traditional ROI: 4.03%
13 Ironstone Circle Erlanger, KY Minutes to I-275 for easy access to downtown or shopping. Spacious 3 bedroom/2 full baths/...	3 beds \| 2 baths \| 1,250 sq.ft.	$259,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 4.66% Airbnb Rental Income: $1514 Traditional Rental Income: $1687 Airbnb ROI: 2.14% Traditional ROI: 4.66%
159 Green River Drive unit: 4 #4 Erlanger, KY This spacious ground floor condominium features 2 bedrooms with walk in closets, 2 full ba...	2 beds \| 2 baths \| 1,039 sq.ft.	$180,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 6.83% Airbnb Rental Income: $1218 Traditional Rental Income: $1552 Airbnb ROI: 2.59% Traditional ROI: 6.83%
201 Erlanger Road Erlanger, KY INVESTORS! Large home with double lot in Erlanger! Detached 2-car garage, corner lot! This...	3 beds \| 2 baths \| 1,843 sq.ft.	$164,900	Airbnb cash on cash: 4.52% Traditional cash on cash: 9.97% Airbnb Rental Income: $1514 Traditional Rental Income: $1930 Airbnb ROI: 4.52% Traditional ROI: 9.97%
10 Theta Court Erlanger, KY This is the one you've been waiting for. 5 bedrooms, 1.5 bath and located in a cul-de-sac.	5 beds \| 2 baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.55% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 8.55%
904 Ashridge Court Erlanger, KY Lakemont living with room to grow! Over 4,000 sq ft, 4 BR, 4 full & 1 half BA, 3-car garag...	4 beds \| 4 baths \| N/A	$615,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.09% Airbnb Rental Income: $1482 Traditional Rental Income: $2357 Airbnb ROI: -0.19% Traditional ROI: 2.09%
314 McAlpin Avenue Erlanger, KY Great Home, 2 bed, 1 bath. No Step living newer roof,AC/heat pump, Hot water Heater, SS Re...	2 beds \| 1 baths \| 900 sq.ft.	$209,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.04% Airbnb Rental Income: $1218 Traditional Rental Income: $1213 Airbnb ROI: 2.09% Traditional ROI: 4.04%
4120-4122 Dixie Hwy Erlanger, KY Zoned Neighborhood Commercial (NC), this unique Erlanger property offers incredible flexib...	2 beds \| 2 baths \| 1,500 sq.ft.	$500,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.2% Airbnb Rental Income: $1218 Traditional Rental Income: $1918 Airbnb ROI: -0.13% Traditional ROI: 2.2%
165 Barren River Drive unit: 8 #8 Erlanger, KY Beautifully Maintained with an Open Plan Conveniently Featuring Building with an Elevator ...	2 beds \| 2 baths \| 1,236 sq.ft.	$170,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 10.59% Airbnb Rental Income: $1218 Traditional Rental Income: $2018 Airbnb ROI: 3.23% Traditional ROI: 10.59%
884 Virginiabradford Court Erlanger, KY Beautifully renovated tri-level home combining style, comfort, and function! Step inside t...	3 beds \| 1 baths \| 900 sq.ft.	$250,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.73% Airbnb Rental Income: $1514 Traditional Rental Income: $1368 Airbnb ROI: 2.48% Traditional ROI: 3.73%
185 Cave Run Drive unit: 7 #7 Erlanger, KY Welcome home to NO STEP peaceful living in Erlanger! This beautifully maintained 2-bedroom...	2 beds \| 2 baths \| 1,044 sq.ft.	$160,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 8.08% Airbnb Rental Income: $1218 Traditional Rental Income: $1592 Airbnb ROI: 3.07% Traditional ROI: 8.08%
3532 Concord Drive Erlanger, KY Enjoy easy, low-maintenance living in this 3 bedroom, 1 bath brick ranch that's been thoug...	3 beds \| 1 baths \| 1,334 sq.ft.	$225,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.2% Airbnb Rental Income: $1514 Traditional Rental Income: $1548 Airbnb ROI: 2.97% Traditional ROI: 5.2%
327-331 Hideaway Hills unit: 327-331 #327-331 Erlanger, KY This 2-bedroom, 2-bath waterfront home spans five wooded lots along the quiet shores of El...	2 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 7.27% Airbnb Rental Income: $1218 Traditional Rental Income: $2173 Airbnb ROI: 1.56% Traditional ROI: 7.27%
20 Clay Street Erlanger, KY Completely Renovated 4-Bed Cape Cod in Erlanger - Major Systems Brand New! Why buy ''used'...	4 beds \| 2 baths \| 1,446 sq.ft.	$249,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 7.34% Airbnb Rental Income: $1482 Traditional Rental Income: $2136 Airbnb ROI: 2.71% Traditional ROI: 7.34%
3508 Jacqueline Drive Erlanger, KY Freshly updated and move in ready! This 3-bedroom home sits on a desirable corner lot and ...	3 beds \| 1 baths \| 1,370 sq.ft.	$229,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 4.81% Airbnb Rental Income: $1514 Traditional Rental Income: $1465 Airbnb ROI: 3.01% Traditional ROI: 4.81%

Real Estate investment in Erlanger, KY

There are 31 properties for sale in the city of Erlanger . The median list price in Erlanger is $234,900 and the average price per square foot is $152. In December 2025, the average monthly cash on cash return in Erlanger is 5.00%. The average monthly rental income in Erlanger is $1,725.

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

There are 31 investment properties available for sale in Erlanger.

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

The ROI for Long-Term is higher than the Short-Term in Erlanger with average rental income of $1,725.

Your search for investment property begins and ends here

Investment Property for Sale in Erlanger, KY

516 Hallam Avenue

Erlanger, KY

3 beds | 2 baths | 945 sq.ft.

$232,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1514

Traditional Rental Income: $1484

Airbnb ROI: 2.61%

Traditional ROI: 4.49%

3402 Southway Ridge

Erlanger, KY

3 beds | 4 baths | 3,570 sq.ft.

$715,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $1514

Traditional Rental Income: $2848

Airbnb ROI: -0.5%

Traditional ROI: 2.17%

3947 Ashmont Drive

Erlanger, KY

4 beds | 4 baths | 3,246 sq.ft.

$515,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 4.87%

Airbnb Rental Income: $1482

Traditional Rental Income: $3386

Airbnb ROI: 0.01%

Traditional ROI: 4.87%

126 Clay St

Erlanger, KY

3 beds | 1 baths | 1,322 sq.ft.

$175,000

Airbnb cash on cash: 4.03%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $1514

Traditional Rental Income: $1608

Airbnb ROI: 4.03%

Traditional ROI: 7.24%

3295 Kingsburg Court

Erlanger, KY

4 beds | 4 baths | 2,468 sq.ft.

$395,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1482

Traditional Rental Income: $2059

Airbnb ROI: 0.72%

Traditional ROI: 3.45%

403 Locust Street

Erlanger, KY

4 beds | 2 baths | 1,286 sq.ft.

$230,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $1482

Traditional Rental Income: $1804

Airbnb ROI: 2.59%

Traditional ROI: 6.07%

34 Delphi Drive

Erlanger, KY

3 beds | 2 baths | 1,194 sq.ft.

$274,900

Airbnb cash on cash: 1.93%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $1514

Traditional Rental Income: $1703

Airbnb ROI: 1.93%

Traditional ROI: 4.36%

3949 Thomas Drive

Erlanger, KY

4 beds | 2 baths | 1,832 sq.ft.

$364,800

Airbnb cash on cash: 0.93%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1482

Traditional Rental Income: $2181

Airbnb ROI: 0.93%