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.	$127,000	Airbnb cash on cash: 5.55% Traditional cash on cash: 7.5% Airbnb Rental Income: $1424 Traditional Rental Income: $1236 Airbnb ROI: 5.55% Traditional ROI: 7.5%
9630 Owenton Road Frankfort, KY Cozy, Country home, less than 7 miles from town. 3 Bedrooms 1 Bath, Eat-In Kitchen, Bonus ...	3 beds \| 1 baths \| 1,352 sq.ft.	$198,000	Airbnb cash on cash: 8.48% Traditional cash on cash: 5.4% Airbnb Rental Income: $2669 Traditional Rental Income: $1457 Airbnb ROI: 8.48% Traditional ROI: 5.4%
224 Meadowview Drive Frankfort, KY PRICE ADJUSTMENT! SELLER IS OFFERING A $1500 FLOORING ALLOWANCE WITH A REASONABLE OFFER. T...	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%
229 Birchwood Avenue Frankfort, KY Sellers are moving out of state and are motivated to sell this charming 1.5-story home off...	3 beds \| 1 baths \| 1,462 sq.ft.	$200,000	Airbnb cash on cash: 8.37% Traditional cash on cash: 5.69% Airbnb Rental Income: $2669 Traditional Rental Income: $1526 Airbnb ROI: 8.37% Traditional ROI: 5.69%
1126 Leawood Drive Frankfort, KY Welcome to this beautiful condominium complete with 2 bedrooms, 2 full bathrooms with a bo...	2 beds \| 2 baths \| 1,646 sq.ft.	$370,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.74% Airbnb Rental Income: $1424 Traditional Rental Income: $2312 Airbnb ROI: -0.05% Traditional ROI: 3.74%
332 White Cliffs Ln Frankfort, KY Step inside to an open and inviting layout designed for everyday living and entertaining. ...	4 beds \| 2 baths \| 2,355 sq.ft.	$367,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2477 Airbnb ROI: N/A Traditional ROI: 5.07%
1037 Iroquois Trail Frankfort, KY Nestled along a tree-lined street on Frankfort's East side, this 3 bedroom, 2 bath brick r...	3 beds \| 2 baths \| 1,758 sq.ft.	$274,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 5.42% Airbnb Rental Income: $2669 Traditional Rental Income: $1979 Airbnb ROI: 5.64% Traditional ROI: 5.42%
111 Spruce Drive Frankfort, KY This 3-bedroom, 2-bath house on Frankfort's West side is ready for you to call it home! Th...	3 beds \| 2 baths \| 1,344 sq.ft.	$209,999	Airbnb cash on cash: 7.91% Traditional cash on cash: 6.35% Airbnb Rental Income: $2669 Traditional Rental Income: $1725 Airbnb ROI: 7.91% Traditional ROI: 6.35%
145 Bobby Jones Boulevard Frankfort, KY Come check out this move-in ready like-new 3 bedroom, 2.5 bath home in the desirable Ducke...	3 beds \| 2 baths \| 2,269 sq.ft.	$329,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 4.3% Airbnb Rental Income: $2669 Traditional Rental Income: $2000 Airbnb ROI: 4.41% Traditional ROI: 4.3%
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.	$292,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $2266 Airbnb ROI: N/A Traditional ROI: 6.02%
161 Blueridge Drive Frankfort, KY This 5-bedroom home (plus bonus 6th room) offers room for everyone with three full bathroo...	5 beds \| 3 baths \| 2,763 sq.ft.	$367,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2523 Airbnb ROI: N/A Traditional ROI: 5.19%
102 Jeannette Avenue Frankfort, KY Welcome to 102 Jeanette Avenue - a beautifully maintained brick home offering 3,395 square...	4 beds \| 3 baths \| 3,395 sq.ft.	$490,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2489 Airbnb ROI: N/A Traditional ROI: 3.36%
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%
112 Pickett Avenue Frankfort, KY Step into this enchanting 2-bedroom, 1-bathroom ranch-style cottage, nestled in the heart ...	2 beds \| 1 baths \| 1,394 sq.ft.	$229,750	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.41% Airbnb Rental Income: $1424 Traditional Rental Income: $1454 Airbnb ROI: 2.31% Traditional ROI: 4.41%
552 Williamsburg Road Frankfort, KY Spacious 4-bedroom, 2-bath home offering plenty of room to spread out with two living area...	4 beds \| 2 baths \| 1,728 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 6.97%
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%
106 Reservoir Road Frankfort, KY Nestled in Frankfort's Tanglewood subdivision, this 4 bedroom (one with fireplace and bay ...	4 beds \| 2 baths \| 2,404 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2331 Airbnb ROI: N/A Traditional ROI: 3.9%
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%
300 Versailles Road Frankfort, KY Come check out what could be your new home. Has 4 Bedrooms, 2 Full Bath, a large Basement ...	4 beds \| 2 baths \| 1,650 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1914 Airbnb ROI: N/A Traditional ROI: 6.23%
104 Adair Street Frankfort, KY Welcome to your next chapter! This delightful 1 bed, 1 bath updated home blends cozy comfo...	1 beds \| 1 baths \| 700 sq.ft.	$134,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.29% Airbnb Rental Income: $1115 Traditional Rental Income: $940 Airbnb ROI: 3.75% Traditional ROI: 5.29%
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%
107 Buena Vista Drive Frankfort, KY Here is your WOW factor. This stunning 4 bedroom 2.5 bathroom brick home in Buena Vista Es...	4 beds \| 2 baths \| 2,693 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 3.73%
905 Collins Lane Frankfort, KY Located just minutes to the Capitol and South Frankfort! Situated on a tree-lined street o...	3 beds \| 2 baths \| 1,597 sq.ft.	$299,900	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.26% Airbnb Rental Income: $2669 Traditional Rental Income: $1818 Airbnb ROI: 5.03% Traditional ROI: 4.26%
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.	$159,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 6% Airbnb Rental Income: $1424 Traditional Rental Income: $1293 Airbnb ROI: 4.07% Traditional ROI: 6%
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.	$149,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 10.88% Airbnb Rental Income: $1424 Traditional Rental Income: $1918 Airbnb ROI: 4.46% Traditional ROI: 10.88%
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%
1021 Aderly Lane Frankfort, KY So many closets that you might just run out of ways to fill them up. Move-in-ready. This h...	3 beds \| 2 baths \| 2,112 sq.ft.	$395,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 0.81% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 3.39% Traditional ROI: 0.81%
205 Glenbrook Court Frankfort, KY This newly remodeled 2-story, 2,590 sq ft home could be yours! It offers a rare combinatio...	4 beds \| 4 baths \| 2,590 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2743 Airbnb ROI: N/A Traditional ROI: 6.07%
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.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $1886 Airbnb ROI: N/A Traditional ROI: 1.9%
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.	$224,900	Airbnb cash on cash: 8.03% Traditional cash on cash: 5.82% Airbnb Rental Income: $2669 Traditional Rental Income: $1566 Airbnb ROI: 8.03% Traditional ROI: 5.82%
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: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2348 Airbnb ROI: N/A Traditional ROI: 2.41%
108 Farmers Lane Frankfort, KY Welcome home to this beautifully updated 3-bedroom, 1-bath brick ranch located in a quiet,...	3 beds \| 1 baths \| 1,185 sq.ft.	$211,900	Airbnb cash on cash: 8.35% Traditional cash on cash: 3.06% Airbnb Rental Income: $2669 Traditional Rental Income: $972 Airbnb ROI: 8.35% Traditional ROI: 3.06%
1251 Equestrian Way Frankfort, KY Welcome to 1251 Equestrian Way - a beautiful two-story home that sits on a corner lot in t...	4 beds \| 2 baths \| 2,728 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $1732 Airbnb ROI: N/A Traditional ROI: 2.34%
313 Alexander Street Frankfort, KY Visit this darling property on its corner lot and you will be ready to call it your own! B...	3 beds \| 2 baths \| 1,102 sq.ft.	$218,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 4.36% Airbnb Rental Income: $2669 Traditional Rental Income: $1375 Airbnb ROI: 7.56% Traditional ROI: 4.36%
258 Meadowview Drive Frankfort, KY This unit has been worked on since this owner purchased it. New HVAC, some windows, water ...	8 beds \| 4 baths \| 3,500 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2638 Airbnb ROI: N/A Traditional ROI: 5.89%
256 Meadowview Drive Frankfort, KY These units have had most of the expensive repairs done and are ready for new owners! Wind...	8 beds \| 4 baths \| 3,500 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2638 Airbnb ROI: N/A Traditional ROI: 5.89%
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.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $2648 Airbnb ROI: N/A Traditional ROI: 2.6%
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 163 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 $141. In January 2026, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $1,864.

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

There are 163 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.

$127,000

Airbnb cash on cash: 5.55%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1424

Traditional Rental Income: $1236

Airbnb ROI: 5.55%

Traditional ROI: 7.5%

9630 Owenton Road

Frankfort, KY

3 beds | 1 baths | 1,352 sq.ft.

$198,000

Airbnb cash on cash: 8.48%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $2669

Traditional Rental Income: $1457

Airbnb ROI: 8.48%

Traditional ROI: 5.4%

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%

229 Birchwood Avenue

Frankfort, KY

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

$200,000

Airbnb cash on cash: 8.37%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $2669

Traditional Rental Income: $1526

Airbnb ROI: 8.37%

Traditional ROI: 5.69%

1126 Leawood Drive

Frankfort, KY

2 beds | 2 baths | 1,646 sq.ft.

$370,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1424

Traditional Rental Income: $2312

Airbnb ROI: -0.05%

Traditional ROI: 3.74%

332 White Cliffs Ln

Frankfort, KY

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

$367,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2477

Airbnb ROI: N/A

Traditional ROI: 5.07%

1037 Iroquois Trail

Frankfort, KY

3 beds | 2 baths | 1,758 sq.ft.

$274,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $2669

Traditional Rental Income: $1979

Airbnb ROI: 5.64%

Traditional ROI: 5.42%

111 Spruce Drive

Frankfort, KY

3 beds | 2 baths | 1,344 sq.ft.

$209,999

Airbnb cash on cash: 7.91%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $2669

Traditional Rental Income: $1725

Airbnb ROI: 7.91%