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%
224 Meadowview Drive Frankfort, KY This spacious house has so much to offer! If you need ample space for family or to enterta...	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.	$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%
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.	$249,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 5.63% Airbnb Rental Income: $2669 Traditional Rental Income: $1852 Airbnb ROI: 6.41% Traditional ROI: 5.63%
1127 Leawood Drive Frankfort, KY Public Auction to be held on Nov. 29th 2025. through Greg Howard Auction Service Brokered ...	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.	$289,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 6.26% Airbnb Rental Income: $1424 Traditional Rental Income: $2308 Airbnb ROI: 1.46% Traditional ROI: 6.26%
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.	$240,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 4.28% Airbnb Rental Income: $2669 Traditional Rental Income: $1496 Airbnb ROI: 6.66% Traditional ROI: 4.28%
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%
104 South Creek Frankfort, KY Welcome home to this beautiful retreat located in the private gated community of Two Creek...	4 beds \| 3 baths \| 3,787 sq.ft.	$580,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2705 Airbnb ROI: N/A Traditional ROI: 2.81%
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%
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: 5.06% Airbnb Rental Income: $2669 Traditional Rental Income: $1264 Airbnb ROI: 9.61% Traditional ROI: 5.06%
900 Colonial Trace Frankfort, KY Classic brick elegance meets modern comfort in this spacious 3-bedroom, 3-bath home locate...	3 beds \| 3 baths \| 2,557 sq.ft.	$320,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 5.93% Airbnb Rental Income: $2669 Traditional Rental Income: $2435 Airbnb ROI: 4.6% Traditional ROI: 5.93%
204 Jeff Court Frankfort, KY Beautiful 4 Bed / 4 Bath Home in Sought-After Silver Lake Subdivision Welcome to this stun...	4 beds \| 4 baths \| 3,238 sq.ft.	$469,510	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 3%
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%
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.	$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%
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.	$175,000	Airbnb cash on cash: 9.8% Traditional cash on cash: 5.47% Airbnb Rental Income: $2669 Traditional Rental Income: $1313 Airbnb ROI: 9.8% Traditional ROI: 5.47%
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%
3236 Steele Branch Road Frankfort, KY Ready for your very own place to call home and start homesteading, look no further! Adorab...	3 beds \| 2 baths \| 1,864 sq.ft.	$340,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.03% Airbnb Rental Income: $2669 Traditional Rental Income: $2291 Airbnb ROI: 4.23% Traditional ROI: 5.03%
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%
143 Whispering Pines Drive Frankfort, KY Home for the Holidays will have a new meaning this year! You don't want to miss this like ...	3 beds \| 2 baths \| 1,912 sq.ft.	$425,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 3.3% Airbnb Rental Income: $2669 Traditional Rental Income: $2167 Airbnb ROI: 2.97% Traditional ROI: 3.3%
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%
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.	$669,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $4315 Airbnb ROI: N/A Traditional ROI: 4.9%
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.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 4.21%
192 Switzer Road Frankfort, KY Charming Home on 1 Acre Across from Elkhorn Creek! Enjoy peaceful country living in this i...	2 beds \| 1 baths \| 1,765 sq.ft.	$188,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.79% Airbnb Rental Income: $1424 Traditional Rental Income: $1280 Airbnb ROI: 3.21% Traditional ROI: 4.79%
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.	$325,000	Airbnb cash on cash: -0.42% Traditional cash on cash: -0.07% Airbnb Rental Income: $1424 Traditional Rental Income: $1104 Airbnb ROI: -0.42% Traditional ROI: -0.07%
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.	$245,000	Airbnb cash on cash: 6.9% Traditional cash on cash: 4.29% Airbnb Rental Income: $2669 Traditional Rental Income: $1433 Airbnb ROI: 6.9% Traditional ROI: 4.29%
901 Hanly Lane Frankfort, KY Step in and instantly feel at home. This beautifully cared for contemporary ranch sits on ...	3 beds \| 3 baths \| 1,456 sq.ft.	$349,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 3.79% Airbnb Rental Income: $2669 Traditional Rental Income: $1817 Airbnb ROI: 4.46% Traditional ROI: 3.79%
107 Blue Spruce Dr Frankfort, KY Everyone loves the idea of building a new home until they have to build their new home. De...	3 beds \| 2 baths \| 1,200 sq.ft.	$265,000	Airbnb cash on cash: 6.72% Traditional cash on cash: 4.99% Airbnb Rental Income: $2669 Traditional Rental Income: $1604 Airbnb ROI: 6.72% Traditional ROI: 4.99%
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.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 3.67%
905 Collins Lane Frankfort, KY Welcome home! 905 Collins Lane is a real treasure. Located on a tree-lined street on a cor...	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%
1300 Saddleback Trail Frankfort, KY REDUCED PRICE!!! Nestled in a peaceful and established Frankfort neighborhood, this deligh...	4 beds \| 2 baths \| 1,364 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $1678 Airbnb ROI: N/A Traditional ROI: 5.93%
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%
164 Harvest Moon Ct Frankfort, KY PRICE IMPROVED - SELLERS ARE MOTIVATED! Welcome to 164 Harvest Moon Ct, a beautifully main...	3 beds \| 2 baths \| 2,187 sq.ft.	$300,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 4.92% Airbnb Rental Income: $2669 Traditional Rental Income: $2007 Airbnb ROI: 5.02% Traditional ROI: 4.92%

Real Estate investment in Frankfort, KY

There are 180 properties for sale in the city of Frankfort . The median list price in Frankfort is $274,850 and the average price per square foot is $140. In December 2025, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $1,818.

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

There are 180 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

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%

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.

$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%

105 Quachita Trail

Frankfort, KY

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

$249,000

Airbnb cash on cash: 6.41%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $2669

Traditional Rental Income: $1852

Airbnb ROI: 6.41%

Traditional ROI: 5.63%

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.

$289,900

Airbnb cash on cash: 1.46%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $1424

Traditional Rental Income: $2308

Airbnb ROI: 1.46%

Traditional ROI: 6.26%

113 Hiawatha Trail

Frankfort, KY

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

$240,000

Airbnb cash on cash: 6.66%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $2669

Traditional Rental Income: $1496

Airbnb ROI: 6.66%