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
224 Meadowview Drive Frankfort, KY PRICE DROP!! This spacious house has so much to offer! If you need ample space for family ...	3 beds \| 2 baths \| 1,702 sq.ft.	$274,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 5.24% Airbnb Rental Income: $2669 Traditional Rental Income: $1930 Airbnb ROI: 5.64% Traditional ROI: 5.24%
255 McKenzie Avenue Frankfort, KY This adorable 2 bedroom 1 bathroom home is located on a quiet street close to town and is ...	2 beds \| 1 baths \| 1,109 sq.ft.	$159,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 6.23% Airbnb Rental Income: $1424 Traditional Rental Income: $1328 Airbnb ROI: 4.07% Traditional ROI: 6.23%
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.	$220,000	Airbnb cash on cash: 7.46% Traditional cash on cash: 5.02% Airbnb Rental Income: $2669 Traditional Rental Income: $1526 Airbnb ROI: 7.46% Traditional ROI: 5.02%
105 Quachita Trail Frankfort, KY Welcome home to this charming 3-bedroom, 2-bath brick ranch located on the desirable east ...	3 beds \| 2 baths \| 1,558 sq.ft.	$259,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 5.34% Airbnb Rental Income: $2669 Traditional Rental Income: $1852 Airbnb ROI: 6.09% Traditional ROI: 5.34%
1127 Leawood Drive Frankfort, KY Open Sunday June 8th. from 1:00-3:00 pm . This Condominium was the model home and owner ha...	4 beds \| 3 baths \| 3,631 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2677 Airbnb ROI: N/A Traditional ROI: 3.07%
1149 Collins Lane Frankfort, KY Beautiful brick home all on one level! This 3-bathroom, 2-bedroom home (with a den that co...	2 beds \| 3 baths \| 2,271 sq.ft.	$294,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 6.12% Airbnb Rental Income: $1424 Traditional Rental Income: $2308 Airbnb ROI: 1.41% Traditional ROI: 6.12%
113 Hiawatha Trail Frankfort, KY Welcome to 113 Hiawatha Trail in Frankfort-a charming 3-bedroom, 1-bath ranch offering 1,3...	3 beds \| 1 baths \| 1,308 sq.ft.	$250,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 4.08% Airbnb Rental Income: $2669 Traditional Rental Income: $1496 Airbnb ROI: 6.36% Traditional ROI: 4.08%
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.	$374,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2477 Airbnb ROI: N/A Traditional ROI: 4.94%
344 Village Drive Frankfort, KY Lake Views, Sunset Vibes, and Room to Breathe! Welcome to a one-of-a-kind ranch with a fin...	3 beds \| 3 baths \| 2,123 sq.ft.	$310,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 5.49% Airbnb Rental Income: $2669 Traditional Rental Income: $2236 Airbnb ROI: 4.81% Traditional ROI: 5.49%
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.	$284,900	Airbnb cash on cash: 5.38% Traditional cash on cash: 5.17% Airbnb Rental Income: $2669 Traditional Rental Income: $1979 Airbnb ROI: 5.38% Traditional ROI: 5.17%
108 Buena Vista Drive Frankfort, KY Welcome to this stunning ranch-style home which offers 3 bedrooms and 2 baths in a beautif...	3 beds \| 2 baths \| 1,825 sq.ft.	$379,500	Airbnb cash on cash: 3.6% Traditional cash on cash: 3.79% Airbnb Rental Income: $2669 Traditional Rental Income: $2101 Airbnb ROI: 3.6% Traditional ROI: 3.79%
248 Rancho Drive Frankfort, KY Well-maintained 3-bedroom, 1-bath brick ranch offering comfortable one-level living. Conve...	3 beds \| 1 baths \| 1,088 sq.ft.	$178,000	Airbnb cash on cash: 9.61% Traditional cash on cash: 3.98% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 9.61% Traditional ROI: 3.98%
81 Sharon Road Frankfort, KY This Ranch one-level home is beautifully located on a corner lot in West Frankfort. The ma...	3 beds \| N/A baths \| 1,384 sq.ft.	$235,000	Airbnb cash on cash: 6.89% Traditional cash on cash: 5.67% Airbnb Rental Income: $2669 Traditional Rental Income: $1765 Airbnb ROI: 6.89% Traditional ROI: 5.67%
204 Jeff Court Frankfort, KY Beautiful 4 Bed / 4 Bath Home in Sought-After Silver Lake Subdivision Welcome to this stun...	4 beds \| N/A baths \| 3,238 sq.ft.	$499,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 2.71%
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.	$229,900	Airbnb cash on cash: 7.08% Traditional cash on cash: 5.65% Airbnb Rental Income: $2669 Traditional Rental Income: $1725 Airbnb ROI: 7.08% Traditional ROI: 5.65%
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%
220 Palmer Drive Frankfort, KY This home has a 2 car garage, 3 bdrms, 2 full bath, primary bedroom has walk in shower, a ...	3 beds \| 2 baths \| 1,251 sq.ft.	$249,900	Airbnb cash on cash: 6.8% Traditional cash on cash: 5.18% Airbnb Rental Income: $2669 Traditional Rental Income: $1653 Airbnb ROI: 6.8% Traditional ROI: 5.18%
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.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $2523 Airbnb ROI: N/A Traditional ROI: 5.05%
215 Cherry Lane Frankfort, KY Cute 3 bed 1 bath stone ranch home is looking for it's next owner and is move in ready. La...	3 beds \| 1 baths \| 1,125 sq.ft.	$179,900	Airbnb cash on cash: 9.49% Traditional cash on cash: 5.67% Airbnb Rental Income: $2669 Traditional Rental Income: $1381 Airbnb ROI: 9.49% Traditional ROI: 5.67%
315 Esperanza Drive Frankfort, KY 1700sqft, 4 bedroom, 2 bath split level home in peaceful Tierra Linda neighborhood has bee...	4 beds \| 2 baths \| 1,700 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $1985 Airbnb ROI: N/A Traditional ROI: 5.34%
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%
2400 Evergreen Road Frankfort, KY Start your homeownership journey here! This updated open concept 3-bedroom home offers a b...	3 beds \| 1 baths \| 1,000 sq.ft.	$190,000	Airbnb cash on cash: 8.91% Traditional cash on cash: 3.62% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 8.91% Traditional ROI: 3.62%
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%
802 Cline Street Frankfort, KY Check out this adorable cottage in the Bellepoint subdivision, high above the flood plain!...	2 beds \| 1 baths \| 1,004 sq.ft.	$189,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 6.14% Airbnb Rental Income: $1424 Traditional Rental Income: $1444 Airbnb ROI: 3.66% Traditional ROI: 6.14%
129 Sunset Drive Frankfort, KY Cute starter home waiting for you - ready to move in! Brick 2 bedroom/1 bath with large la...	2 beds \| 1 baths \| 904 sq.ft.	$179,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.67% Airbnb Rental Income: $1424 Traditional Rental Income: $1204 Airbnb ROI: 3.46% Traditional ROI: 4.67%
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.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.52% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 6.52%
104 Wisteria Lane Frankfort, KY Priced to sell! Time is limited: seller must accept offer by October 5. Welcome to this be...	3 beds \| 2 baths \| 1,637 sq.ft.	$327,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 3.86% Airbnb Rental Income: $2669 Traditional Rental Income: $1850 Airbnb ROI: 4.47% Traditional ROI: 3.86%
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%
242 Donalynn Drive Frankfort, KY This amazing 3-br 2-bath ranch is sure to check a lot of boxes for many Buyers. Vaulted LR...	3 beds \| 2 baths \| 1,109 sq.ft.	$225,000	Airbnb cash on cash: 7.27% Traditional cash on cash: 2.79% Airbnb Rental Income: $2669 Traditional Rental Income: $1081 Airbnb ROI: 7.27% Traditional ROI: 2.79%
311 Alexander Street Frankfort, KY Here it is! You can own your own home in the heart of the Capital City! Check out this 3 b...	3 beds \| 1 baths \| 1,229 sq.ft.	$205,000	Airbnb cash on cash: 8.5% Traditional cash on cash: 4.75% Airbnb Rental Income: $2669 Traditional Rental Income: $1306 Airbnb ROI: 8.5% Traditional ROI: 4.75%
2789 Steadmantown Lane Frankfort, KY Charming Brick Ranch Home on One Acre in a Serene Rural Setting Welcome to your dream home...	4 beds \| 2 baths \| 2,063 sq.ft.	$293,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 4.14%
1106 Leawood Drive Frankfort, KY Want a maintenance-free one-floor plan with a two-car garage, with a beautiful backyard an...	2 beds \| 2 baths \| 1,416 sq.ft.	$335,000	Airbnb cash on cash: -0.46% Traditional cash on cash: -0.12% Airbnb Rental Income: $1424 Traditional Rental Income: $1104 Airbnb ROI: -0.46% Traditional ROI: -0.12%
39 Wright Road Frankfort, KY BACK ON MARKET NO FAULT OF SELLER!! Welcome to a tranquil slice of nature. This authentic ...	3 beds \| 2 baths \| 2,349 sq.ft.	$320,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.75% Airbnb Rental Income: $2669 Traditional Rental Income: $2254 Airbnb ROI: 5.03% Traditional ROI: 5.75%
122 Oaklawn Drive Frankfort, KY Welcome home! This adorably renovated three-bedroom home offers charm, comfort, and flexib...	3 beds \| 1 baths \| 1,500 sq.ft.	$249,900	Airbnb cash on cash: 6.74% Traditional cash on cash: 4.19% Airbnb Rental Income: $2669 Traditional Rental Income: $1433 Airbnb ROI: 6.74% Traditional ROI: 4.19%
200 Berkley Lane Frankfort, KY You won't want to miss this beautiful home, conveniently located near Frankfort and George...	3 beds \| N/A baths \| 1,512 sq.ft.	$289,900	Airbnb cash on cash: 5.51% Traditional cash on cash: 4.79% Airbnb Rental Income: $2669 Traditional Rental Income: $1839 Airbnb ROI: 5.51% Traditional ROI: 4.79%
46 Meadowbrook Drive Frankfort, KY Welcome to 46 Meadowbrook, a beautifully updated 3-bedroom, 1.5-bath home in a desirable n...	3 beds \| N/A baths \| 1,160 sq.ft.	$219,900	Airbnb cash on cash: 7.88% Traditional cash on cash: 5.51% Airbnb Rental Income: $2669 Traditional Rental Income: $1541 Airbnb ROI: 7.88% Traditional ROI: 5.51%
210 Briar Cliff Street Frankfort, KY Duplex. All brick. Great shape with basement. 1 bedroom and 1 bathroom per side. Looks dir...	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 4.76%
138 Oaklawn Drive Frankfort, KY Seller will pay up to $3,500 toward buyer's closing costs. Not far from Buffalo Trace in F...	3 beds \| 1 baths \| 1,037 sq.ft.	$219,000	Airbnb cash on cash: 7.8% Traditional cash on cash: 4.58% Airbnb Rental Income: $2669 Traditional Rental Income: $1368 Airbnb ROI: 7.8% Traditional ROI: 4.58%
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%

Real Estate investment in Frankfort, KY

There are 215 properties for sale in the city of Frankfort . The median list price in Frankfort is $279,000 and the average price per square foot is $139. In November 2025, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $1,924.

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

There are 215 investment properties available for sale in Frankfort.

In 2025, 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

224 Meadowview Drive

Frankfort, KY

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

$274,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $2669

Traditional Rental Income: $1930

Airbnb ROI: 5.64%

Traditional ROI: 5.24%

255 McKenzie Avenue

Frankfort, KY

2 beds | 1 baths | 1,109 sq.ft.

$159,900

Airbnb cash on cash: 4.07%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $1424

Traditional Rental Income: $1328

Airbnb ROI: 4.07%

Traditional ROI: 6.23%

229 Birchwood Avenue

Frankfort, KY

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

$220,000

Airbnb cash on cash: 7.46%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $2669

Traditional Rental Income: $1526

Airbnb ROI: 7.46%

Traditional ROI: 5.02%

105 Quachita Trail

Frankfort, KY

3 beds | 2 baths | 1,558 sq.ft.

$259,000

Airbnb cash on cash: 6.09%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $2669

Traditional Rental Income: $1852

Airbnb ROI: 6.09%

Traditional ROI: 5.34%

1127 Leawood Drive

Frankfort, KY

4 beds | 3 baths | 3,631 sq.ft.

$459,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2677

Airbnb ROI: N/A

Traditional ROI: 3.07%

1149 Collins Lane

Frankfort, KY

2 beds | 3 baths | 2,271 sq.ft.

$294,900

Airbnb cash on cash: 1.41%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $1424

Traditional Rental Income: $2308

Airbnb ROI: 1.41%

Traditional ROI: 6.12%

113 Hiawatha Trail

Frankfort, KY

3 beds | 1 baths | 1,308 sq.ft.

$250,000

Airbnb cash on cash: 6.36%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $2669

Traditional Rental Income: $1496

Airbnb ROI: 6.36%

Traditional ROI: 4.08%

332 White Cliffs Ln

Frankfort, KY

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

$374,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.94%

Airbnb Rental Income: $null

Traditional Rental Income: $2477

Airbnb ROI: N/A