Real Estate Investment Properties for Sale in Frankfort, KY

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
133 Wallace Avenue Frankfort, KY Wonderful, well-kept home, located in downtown Frankfort. A two bedroom and one bathroom h...	2 beds \| 1 baths \| 1,024 sq.ft.	$100,000	Airbnb cash on cash: 7.45% Traditional cash on cash: 9.9% Airbnb Rental Income: $1424 Traditional Rental Income: $1236 Airbnb ROI: 7.45% Traditional ROI: 9.9%
224 Meadowview Drive Frankfort, KY Welcome to 224 Meadowview Drive in Frankfort! This beautiful 1704 square foot home offers ...	3 beds \| 2 baths \| 1,702 sq.ft.	$269,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 5.37% Airbnb Rental Income: $2669 Traditional Rental Income: $1930 Airbnb ROI: 5.78% Traditional ROI: 5.37%
116 Elkhorn Drive Frankfort, KY Well-maintained and move-in ready 2-bedroom, 1-bath ranch-style home with 1,026 sq. ft., o...	2 beds \| 1 baths \| 1,026 sq.ft.	$215,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.39% Airbnb Rental Income: $1424 Traditional Rental Income: $1160 Airbnb ROI: 2.59% Traditional ROI: 3.39%
332 White Cliffs Ln Frankfort, KY Step inside to an open and inviting layout designed for everyday living and entertaining. ...	4 beds \| 3 baths \| 2,355 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2477 Airbnb ROI: N/A Traditional ROI: 5.2%
410 Brook Court Frankfort, KY Immaculate and Move-In ready Silver Lake home! Set on almost half an acre at the end of a ...	3 beds \| 3 baths \| 3,051 sq.ft.	$499,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.11% Airbnb Rental Income: $2669 Traditional Rental Income: $2412 Airbnb ROI: 2.31% Traditional ROI: 3.11%
132 Meadowbrook Drive Frankfort, KY This beautiful 3-bedroom, 2-bath home is perfectly located just minutes from the interstat...	3 beds \| 2 baths \| 1,433 sq.ft.	$274,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 1.96% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 5.64% Traditional ROI: 1.96%
456 Blackfoot Trail Frankfort, KY Welcome to this well-maintained 3 bedroom, 2 bath brick ranch located in the highly desira...	3 beds \| 2 baths \| 1,462 sq.ft.	$399,500	Airbnb cash on cash: 3.33% Traditional cash on cash: 0.79% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 3.33% Traditional ROI: 0.79%
1108 Palisades Drive Frankfort, KY Welcome to this spacious 4-bedroom, 2-bath split foyer home nestled on a desirable corner ...	4 beds \| 2 baths \| 2,100 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $2266 Airbnb ROI: N/A Traditional ROI: 6.1%
110 Saratoga Drive Frankfort, KY Stunning 5-bedroom, 4-bath home in the sought-after Two Creeks gated community offering 5,...	5 beds \| 4 baths \| 5,500 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $3503 Airbnb ROI: N/A Traditional ROI: 2.1%
614 Polsgrove Street Frankfort, KY Charming and Move-In Ready Home Centrally Located in Frankfort! Welcome to 614 Polsgrove, ...	2 beds \| 1 baths \| 896 sq.ft.	$160,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 4.43% Airbnb Rental Income: $1424 Traditional Rental Income: $1053 Airbnb ROI: 4.07% Traditional ROI: 4.43%
1005 Letcher Avenue Frankfort, KY Take look at this 3 bedroom, 1 bath ranch home in Frankfort! Large Eat-in Kitchen with lar...	3 beds \| 1 baths \| 1,241 sq.ft.	$215,000	Airbnb cash on cash: 7.68% Traditional cash on cash: 5.08% Airbnb Rental Income: $2669 Traditional Rental Income: $1505 Airbnb ROI: 7.68% Traditional ROI: 5.08%
1310 Louisville Road unit: 16 #16 Frankfort, KY Crystal Brook Condominium, move in ready. Affordable, easy living in a comfortable communi...	2 beds \| 1 baths \| 832 sq.ft.	$119,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 5.93% Airbnb Rental Income: $1424 Traditional Rental Income: $1216 Airbnb ROI: 4.03% Traditional ROI: 5.93%
309 Old Station Road Frankfort, KY This Lovely Home Is Known As The Ashwood! The Large Covered Back Porch Makes The Evenings ...	4 beds \| 2 baths \| 2,013 sq.ft.	$399,050	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 3.58%
221 Apple Way Frankfort, KY Situated on a spacious corner lot, this charming home offers a well-maintained interior wi...	3 beds \| 1 baths \| 1,125 sq.ft.	$230,000	Airbnb cash on cash: 7.07% Traditional cash on cash: 2.69% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 7.07% Traditional ROI: 2.69%
125 Buena Vista Drive Frankfort, KY Step into refined living at 125 Buena Vista Drive. This contemporary well-built brick resi...	5 beds \| 4 baths \| 4,429 sq.ft.	$659,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $4315 Airbnb ROI: N/A Traditional ROI: 5%
216 Laffoon Drive Frankfort, KY Welcome home to this charming, well-maintained 2-bedroom, 1-bath, +/-784 sq. ft. property ...	2 beds \| 1 baths \| 784 sq.ft.	$205,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 4.13% Airbnb Rental Income: $1424 Traditional Rental Income: $1115 Airbnb ROI: 3.53% Traditional ROI: 4.13%
113 Old Station Road Frankfort, KY Inviting 2021 home featuring bright open living spaces, a modern kitchen, generous yard, a...	3 beds \| 3 baths \| 2,152 sq.ft.	$412,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 0.67% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 3.14% Traditional ROI: 0.67%
210 Crab Orchard Road Frankfort, KY This charming home provides a quiet, rural feel while being just minutes from I-64 for an ...	3 beds \| 1 baths \| 1,000 sq.ft.	$215,000	Airbnb cash on cash: 7.68% Traditional cash on cash: 3% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 7.68% Traditional ROI: 3%
1106 Leawood Drive Frankfort, KY The spacious, open floor plan includes hardwood flooring, gas fireplace,along with an open...	2 beds \| 2 baths \| 1,416 sq.ft.	$325,000	Airbnb cash on cash: -0.46% Traditional cash on cash: -0.11% Airbnb Rental Income: $1424 Traditional Rental Income: $1104 Airbnb ROI: -0.46% Traditional ROI: -0.11%
300 Versailles Road Frankfort, KY Come check out what could be your new home. Move-in ready 4 Bedrooms, 2 Full Bath with a l...	4 beds \| 2 baths \| 1,650 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.02% Airbnb Rental Income: $null Traditional Rental Income: $1914 Airbnb ROI: N/A Traditional ROI: 7.02%
485 Dry Ridge Road Frankfort, KY Renovated Rural Charm with ALL NEW Everything! Bright, airy, and beautifully reimagined. T...	3 beds \| 2 baths \| 1,436 sq.ft.	$420,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 0.89% Airbnb Rental Income: $2669 Traditional Rental Income: $1174 Airbnb ROI: 3.08% Traditional ROI: 0.89%
313 Old Station Road Frankfort, KY Proposed Construction- Beautiful Home Plan Known As The Ashwood Built By Award Winning Bui...	3 beds \| 2 baths \| 1,830 sq.ft.	$396,895	Airbnb cash on cash: 3.33% Traditional cash on cash: 3.26% Airbnb Rental Income: $2669 Traditional Rental Income: $2009 Airbnb ROI: 3.33% Traditional ROI: 3.26%
723-725 Brawner Street Frankfort, KY Cash- Flowing, fully occupied duplex with both units renting $750 per month. Older propert...	2 beds \| 2 baths \| 1,100 sq.ft.	$149,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 6.52% Airbnb Rental Income: $1424 Traditional Rental Income: $1293 Airbnb ROI: 4.46% Traditional ROI: 6.52%
726-728 Cline Street Frankfort, KY Cash - flowing, fully occupied duplex with total current rents at $1575 per month. 1 Bedro...	2 beds \| 2 baths \| 1,856 sq.ft.	$139,900	Airbnb cash on cash: 4.89% Traditional cash on cash: 11.75% Airbnb Rental Income: $1424 Traditional Rental Income: $1918 Airbnb ROI: 4.89% Traditional ROI: 11.75%
125 Bobby Jones Boulevard Frankfort, KY Welcome to The Village at Duckers Lake, where low-maintenance living meets prime location....	3 beds \| 2 baths \| 1,300 sq.ft.	$299,999	Airbnb cash on cash: 5.02% Traditional cash on cash: 1.65% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 5.02% Traditional ROI: 1.65%
125 Elkhorn Drive Frankfort, KY An inviting three bedroom, two bathroom home conveniently located to shopping, interstate ...	3 beds \| 2 baths \| 1,050 sq.ft.	$229,900	Airbnb cash on cash: 7.91% Traditional cash on cash: 4.69% Airbnb Rental Income: $2669 Traditional Rental Income: $1335 Airbnb ROI: 7.91% Traditional ROI: 4.69%
108 Berkley Lane Frankfort, KY Charming and well-maintained home located in Elkhorn Terrace, situated on approximately ha...	3 beds \| 2 baths \| 1,997 sq.ft.	$305,000	Airbnb cash on cash: 4.91% Traditional cash on cash: 1.59% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 4.91% Traditional ROI: 1.59%
361 Garden Point Drive Frankfort, KY Charming Single-Level Living in a Quiet West Frankfort Gem! Discover the perfect blend of ...	4 beds \| 2 baths \| 1,465 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $1418 Airbnb ROI: N/A Traditional ROI: 2.85%
125 White Pine Court Frankfort, KY Huge Price Reduction - This Beautiful 1 1/2 Story Home Sits On A Spacious 1.40 Acre Tract ...	4 beds \| 3 baths \| 2,438 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $1886 Airbnb ROI: N/A Traditional ROI: 2.08%
121 Elizabeth Street Frankfort, KY Move-In Ready Home in a Great Location! Charming 3-bedroom, 1-bath home featuring a large ...	3 beds \| 1 baths \| 1,260 sq.ft.	$219,900	Airbnb cash on cash: 8.23% Traditional cash on cash: 5.98% Airbnb Rental Income: $2669 Traditional Rental Income: $1566 Airbnb ROI: 8.23% Traditional ROI: 5.98%
103 Fallen Court Frankfort, KY Tucked away on a quiet cul-de-sac, 103 Fallen Court offers space, flexibility, and a true ...	5 beds \| 4 baths \| 3,887 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.42% Airbnb Rental Income: $null Traditional Rental Income: $2348 Airbnb ROI: N/A Traditional ROI: 2.42%
114 Turnberry Drive Frankfort, KY Beautifully redone ranch home! 3 bedrooms and 2 bathrooms. All new carpet, paint, lights. ...	3 beds \| 2 baths \| 1,300 sq.ft.	$259,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 5.17% Airbnb Rental Income: $2669 Traditional Rental Income: $1626 Airbnb ROI: 6.85% Traditional ROI: 5.17%
107 Kimberly Drive Frankfort, KY Welcome home to this beautiful all-brick 3-bedroom, 2-bath gem! Featuring a functional spl...	3 beds \| 2 baths \| 1,511 sq.ft.	$329,000	Airbnb cash on cash: 5.22% Traditional cash on cash: 2.75% Airbnb Rental Income: $2669 Traditional Rental Income: $1273 Airbnb ROI: 5.22% Traditional ROI: 2.75%
754 E Main Street Frankfort, KY Welcome to this well-maintained 2-bedroom, 1-bath home offering comfortable living with th...	2 beds \| 1 baths \| 1,004 sq.ft.	$200,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.39% Airbnb Rental Income: $1424 Traditional Rental Income: $939 Airbnb ROI: 3.7% Traditional ROI: 3.39%
5344 Sleepy Hollow Drive Frankfort, KY Imagine living in your own private retreat surrounded by trees in the heart of Kentucky! T...	3 beds \| 3 baths \| 1,889 sq.ft.	$379,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 1.56% Airbnb Rental Income: $2669 Traditional Rental Income: $1312 Airbnb ROI: 3.58% Traditional ROI: 1.56%
1310 Louisville Road unit: 23 Frankfort, KY This charming second-floor condo offers 2 bedrooms and 1 full bath in a comfortable, well-...	2 beds \| 1 baths \| 832 sq.ft.	$115,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 1.94% Airbnb Rental Income: $1424 Traditional Rental Income: $833 Airbnb ROI: 3.43% Traditional ROI: 1.94%
154 Sunset Dr Frankfort, KY "Previously under contract in just 3 days! Back on market due to buyer financing-don't mis...	3 beds \| 1 baths \| 1,069 sq.ft.	$224,900	Airbnb cash on cash: 8% Traditional cash on cash: 4% Airbnb Rental Income: $2669 Traditional Rental Income: $1184 Airbnb ROI: 8% Traditional ROI: 4%
124 W Todd Street Frankfort, KY Step into the perfect blend of historic charm and modern luxury in this beautifully remode...	4 beds \| 3 baths \| 3,389 sq.ft.	$609,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $2648 Airbnb ROI: N/A Traditional ROI: 2.64%
299 Old Station Road Frankfort, KY Proposed Construction. This Plan Is Known As The Dahlia And Is Built By The Award Winning ...	3 beds \| 3 baths \| 2,324 sq.ft.	$436,735	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.66% Airbnb Rental Income: $2669 Traditional Rental Income: $2362 Airbnb ROI: 2.86% Traditional ROI: 3.66%
217 Old Station Road Frankfort, KY Step Inside This Beautiful Home Also Known As The Harlequin. This Home Features An Open Fl...	3 beds \| 2 baths \| 2,443 sq.ft.	$395,695	Airbnb cash on cash: 4.18% Traditional cash on cash: 5.21% Airbnb Rental Income: $2669 Traditional Rental Income: $2418 Airbnb ROI: 4.18% Traditional ROI: 5.21%

Real Estate investment in Frankfort, KY

There are 175 properties for sale in the city of Frankfort . The median list price in Frankfort is $275,900 and the average price per square foot is $142. In March 2026, the average monthly cash on cash return in Frankfort is 4.00%. The average monthly rental income in Frankfort is $1,466.

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

There are 175 investment properties available for sale in Frankfort.

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

The ROI for Short-Term is higher than the Long-Term in Frankfort with average rental income of $2,669.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

133 Wallace Avenue

Frankfort, KY

2 beds | 1 baths | 1,024 sq.ft.

$100,000

Airbnb cash on cash: 7.45%

Traditional cash on cash: 9.9%

Airbnb Rental Income: $1424

Traditional Rental Income: $1236

Airbnb ROI: 7.45%

Traditional ROI: 9.9%

224 Meadowview Drive

Frankfort, KY

3 beds | 2 baths | 1,702 sq.ft.

$269,900

Airbnb cash on cash: 5.78%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2669

Traditional Rental Income: $1930

Airbnb ROI: 5.78%

Traditional ROI: 5.37%

116 Elkhorn Drive

Frankfort, KY

2 beds | 1 baths | 1,026 sq.ft.

$215,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1424

Traditional Rental Income: $1160

Airbnb ROI: 2.59%

Traditional ROI: 3.39%

332 White Cliffs Ln

Frankfort, KY

4 beds | 3 baths | 2,355 sq.ft.

$360,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2477

Airbnb ROI: N/A

Traditional ROI: 5.2%

410 Brook Court

Frankfort, KY

3 beds | 3 baths | 3,051 sq.ft.

$499,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $2669

Traditional Rental Income: $2412

Airbnb ROI: 2.31%

Traditional ROI: 3.11%

132 Meadowbrook Drive

Frankfort, KY

3 beds | 2 baths | 1,433 sq.ft.

$274,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 1.96%

Airbnb Rental Income: $2669

Traditional Rental Income: $1081

Airbnb ROI: 5.64%

Traditional ROI: 1.96%

456 Blackfoot Trail

Frankfort, KY

3 beds | 2 baths | 1,462 sq.ft.

$399,500

Airbnb cash on cash: 3.33%

Traditional cash on cash: 0.79%

Airbnb Rental Income: $2669

Traditional Rental Income: $1081

Airbnb ROI: 3.33%

Traditional ROI: 0.79%

1108 Palisades Drive

Frankfort, KY

4 beds | 2 baths | 2,100 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.1%

Airbnb Rental Income: $null

Traditional Rental Income: $2266

Airbnb ROI: N/A