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
1036 Keeneland Court Frankfort, KY Well, honey, come on in! This sweet 1.5-story home at 1036 Keeneland Court is just as char...	3 beds \| 3 baths \| 1,406 sq.ft.	$295,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 4% Airbnb Rental Income: $1721 Traditional Rental Income: $1747 Airbnb ROI: 2.2% Traditional ROI: 4%
871 Browns Ferry Road Frankfort, KY Golf course view, room inside to spread out, and a great location! Just 8 minutes from the...	4 beds \| 3 baths \| 2,543 sq.ft.	$394,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.07% Airbnb Rental Income: $2071 Traditional Rental Income: $2657 Airbnb ROI: 2.05% Traditional ROI: 5.07%
201 HAWTHORNE Drive Frankfort, KY This duplex would be great for owner occupied on one side or renting both sides. Roof appr...	4 beds \| 2 baths \| 1,570 sq.ft.	$275,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.93% Airbnb Rental Income: $2071 Traditional Rental Income: $1852 Airbnb ROI: 3.72% Traditional ROI: 4.93%
103 Watson Court Frankfort, KY Discover downtown living at 103 Watson Court. Tucked away on a peaceful street, this stunn...	2 beds \| 3 baths \| 1,658 sq.ft.	$285,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.61% Airbnb Rental Income: $1511 Traditional Rental Income: $1828 Airbnb ROI: 1.79% Traditional ROI: 4.61%
15 Sheffield Lane Frankfort, KY	3 beds \| 2 baths \| 2,297 sq.ft.	$440,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.06% Airbnb Rental Income: $1721 Traditional Rental Income: $2116 Airbnb ROI: 0.94% Traditional ROI: 3.06%
114 Oaklawn Drive Frankfort, KY Charming mid-century modern home with vaulted living room, dining room and kitchen. Home f...	3 beds \| 2 baths \| 1,183 sq.ft.	$214,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 7.64% Airbnb Rental Income: $1721 Traditional Rental Income: $2025 Airbnb ROI: 3.81% Traditional ROI: 7.64%
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.	$445,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.71% Airbnb Rental Income: $1721 Traditional Rental Income: $2412 Airbnb ROI: 0.91% Traditional ROI: 3.71%
4061 Mink Run Road Frankfort, KY Welcome home to this updated brick ranch on 14 beautiful acres in Shelby County. Whether y...	3 beds \| 2 baths \| 2,150 sq.ft.	$449,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.87% Airbnb Rental Income: $1721 Traditional Rental Income: $2081 Airbnb ROI: 0.88% Traditional ROI: 2.87%
54 Lawrence Street Frankfort, KY Rare opportunity to assume a VA loan at just 2.625% interest rate (subject to lender and V...	3 beds \| 2 baths \| 1,180 sq.ft.	$230,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.8% Airbnb Rental Income: $1721 Traditional Rental Income: $1541 Airbnb ROI: 3.44% Traditional ROI: 4.8%
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.	$380,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.39% Airbnb Rental Income: $1721 Traditional Rental Income: $1962 Airbnb ROI: 1.38% Traditional ROI: 3.39%
106 Jonathan Ct. Frankfort, KY Move in to this immaculate inviting home. Outside has been upgraded to Hardie Board siding...	3 beds \| 2 baths \| 1,100 sq.ft.	$250,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.13% Airbnb Rental Income: $1721 Traditional Rental Income: $1505 Airbnb ROI: 3.03% Traditional ROI: 4.13%
249 Rancho Drive Frankfort, KY Stop Searching! This turnkey Ranch with new roof, trickling creek, beautiful Hardwood floo...	3 beds \| 1 baths \| 1,080 sq.ft.	$195,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.77% Airbnb Rental Income: $1721 Traditional Rental Income: $1319 Airbnb ROI: 4.37% Traditional ROI: 4.77%
502 Breckenridge Boulevard Frankfort, KY Welcome home to 502 Breckenridge Blvd! This stunning property is nestled on 3 beautiful ac...	4 beds \| 4 baths \| 4,518 sq.ft.	$785,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.6% Airbnb Rental Income: $2071 Traditional Rental Income: $3351 Airbnb ROI: 0.12% Traditional ROI: 2.6%
212 Sequoyah Trail Frankfort, KY Large ranch-style home featuring three bedrooms plus bonus room, two full baths, and plent...	3 beds \| 2 baths \| 2,329 sq.ft.	$284,500	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.76% Airbnb Rental Income: $1721 Traditional Rental Income: $2134 Airbnb ROI: 2.45% Traditional ROI: 5.76%
124 White Cliffs Lane Frankfort, KY This home truly has a little something for everyone. Conveniently located in Frankfort, yo...	4 beds \| 3 baths \| 1,976 sq.ft.	$325,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.1% Airbnb Rental Income: $2071 Traditional Rental Income: $2217 Airbnb ROI: 2.87% Traditional ROI: 5.1%
104 Cavern Drive Frankfort, KY Welcome to this charming and well maintained move in ready home offering the perfect blend...	4 beds \| 2 baths \| 2,069 sq.ft.	$269,900	Airbnb cash on cash: 4.18% Traditional cash on cash: 6.56% Airbnb Rental Income: $2071 Traditional Rental Income: $2143 Airbnb ROI: 4.18% Traditional ROI: 6.56%
305 Forest Ridge Drive Frankfort, KY Under Contract with 72 hour kick out clause -Over 3,000 square feet of beautifully designe...	4 beds \| 3 baths \| 3,096 sq.ft.	$385,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 4.79% Airbnb Rental Income: $2071 Traditional Rental Income: $2491 Airbnb ROI: 2.14% Traditional ROI: 4.79%
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: -0.73% Traditional cash on cash: 2.1% Airbnb Rental Income: $1582 Traditional Rental Income: $3503 Airbnb ROI: -0.73% Traditional ROI: 2.1%
408 Logan Street Frankfort, KY PRICED TO SELL!!! Tucked into the heart of South Frankfort, this charming Craftsman-style ...	5 beds \| 3 baths \| 2,140 sq.ft.	$210,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 10.42% Airbnb Rental Income: $1582 Traditional Rental Income: $2426 Airbnb ROI: 3.9% Traditional ROI: 10.42%
1310 Louisville Road #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: 4.66% Traditional cash on cash: 5.93% Airbnb Rental Income: $1511 Traditional Rental Income: $1216 Airbnb ROI: 4.66% Traditional ROI: 5.93%
609 Cypress Drive Frankfort, KY Beautiful 3-bedroom, 2-bath home in The Willows Subdivision in Franklin! Built in 2019, th...	3 beds \| 2 baths \| 1,223 sq.ft.	$258,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 6.47% Airbnb Rental Income: $1721 Traditional Rental Income: $1923 Airbnb ROI: 3.69% Traditional ROI: 6.47%
950 Stoney Creek Drive Frankfort, KY Beautiful home, beautifully landscaped yard, and an unbeatable location! Just 5 minutes fr...	3 beds \| 2 baths \| 2,710 sq.ft.	$435,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.45% Airbnb Rental Income: $1721 Traditional Rental Income: $2253 Airbnb ROI: 0.97% Traditional ROI: 3.45%
105 Sequoyah Trail Frankfort, KY Professional Pictures Coming Soon! Welcome home to this charming all-brick ranch nestled i...	3 beds \| 2 baths \| 1,412 sq.ft.	$254,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 5.3% Airbnb Rental Income: $1721 Traditional Rental Income: $1725 Airbnb ROI: 3.3% Traditional ROI: 5.3%
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.	$315,000	Airbnb cash on cash: -0.17% Traditional cash on cash: -0.05% Airbnb Rental Income: $1511 Traditional Rental Income: $1104 Airbnb ROI: -0.17% Traditional ROI: -0.05%
616 Cypress Drive Frankfort, KY Vinyl fence added shortly after construction in 2020, boasting a fully fenced in back yard...	3 beds \| 2 baths \| 1,460 sq.ft.	$259,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 5.1% Airbnb Rental Income: $1721 Traditional Rental Income: $1797 Airbnb ROI: 2.85% Traditional ROI: 5.1%
485 Dry Ridge Road Frankfort, KY Renovated Rural Charm with ALL NEW Everything! 12 min from downtown Frankfort. Bright, air...	3 beds \| 2 baths \| 1,436 sq.ft.	$398,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 1.04% Airbnb Rental Income: $1721 Traditional Rental Income: $1174 Airbnb ROI: 1.23% Traditional ROI: 1.04%
1380 Shore Acres Road Frankfort, KY Experience Kentucky riverfront living at its finest in this stunning new construction home...	2 beds \| 2 baths \| 1,235 sq.ft.	$435,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.15% Airbnb Rental Income: $1511 Traditional Rental Income: $1729 Airbnb ROI: 0.54% Traditional ROI: 2.15%
320 Sycamore Court Frankfort, KY Tucked away on a peaceful cul-de-sac, welcome to this charming 3-bedroom, 1.5-bath home yo...	3 beds \| 2 baths \| 1,205 sq.ft.	$215,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 5.69% Airbnb Rental Income: $1721 Traditional Rental Income: $1546 Airbnb ROI: 4.21% Traditional ROI: 5.69%
402 Ewing Street Frankfort, KY Charming and thoughtfully updated, this South Frankfort home blends historic character wit...	2 beds \| 2 baths \| 1,660 sq.ft.	$249,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 6% Airbnb Rental Income: $1511 Traditional Rental Income: $1798 Airbnb ROI: 2.91% Traditional ROI: 6%
111 Bender Drive Frankfort, KY Completely renovated in 2014, this charming all-brick 2-bedroom, 1.5-bath home offers the ...	2 beds \| 2 baths \| 1,056 sq.ft.	$245,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 4.76% Airbnb Rental Income: $1511 Traditional Rental Income: $1513 Airbnb ROI: 2.85% Traditional ROI: 4.76%
70 Reilly Road Frankfort, KY This 3 Bedroom 2 Bathroom home is located in the Heart of The Bourbon Trail just across th...	3 beds \| 2 baths \| 2,790 sq.ft.	$289,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 6.31% Airbnb Rental Income: $1721 Traditional Rental Income: $2228 Airbnb ROI: 2.71% Traditional ROI: 6.31%
1229 Miami Trail Frankfort, KY Are you looking for a remodeled ranch homes where everything is on one level? Then look no...	3 beds \| 2 baths \| 1,614 sq.ft.	$314,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.02% Airbnb Rental Income: $1721 Traditional Rental Income: $1827 Airbnb ROI: 2.05% Traditional ROI: 4.02%
204 Dressage Court Frankfort, KY Charming 3BR/1.5BA ranch located on a quiet cul-de-sac in the desirable Silver Lakes II ne...	3 beds \| 2 baths \| 1,118 sq.ft.	$265,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 2.99% Airbnb Rental Income: $1721 Traditional Rental Income: $1303 Airbnb ROI: 2.76% Traditional ROI: 2.99%
501 Logan Street Frankfort, KY Thoughtfully updated while honoring everything that makes a historic property worth fallin...	3 beds \| 2 baths \| 1,976 sq.ft.	$334,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.63% Airbnb Rental Income: $1721 Traditional Rental Income: $2132 Airbnb ROI: 1.81% Traditional ROI: 4.63%
104 Reservoir Road Frankfort, KY Welcome to 104 Reservoir Rd-where charm, comfort, and location come together effortlessly....	2 beds \| 3 baths \| 2,700 sq.ft.	$332,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.54% Airbnb Rental Income: $1511 Traditional Rental Income: $2088 Airbnb ROI: 1.28% Traditional ROI: 4.54%
103 Wild Cherry Way Frankfort, KY Nestled on a quiet cul-de-sac in one of Frankfort's most convenient locations, this beauti...	3 beds \| 2 baths \| 1,318 sq.ft.	$275,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.98% Airbnb Rental Income: $1721 Traditional Rental Income: $1604 Airbnb ROI: 2.59% Traditional ROI: 3.98%
710 Dabney Street Frankfort, KY Whether you're looking for your first home or a smart investment opportunity, this charmin...	2 beds \| 1 baths \| 895 sq.ft.	$113,900	Airbnb cash on cash: 7.02% Traditional cash on cash: 6.84% Airbnb Rental Income: $1511 Traditional Rental Income: $1050 Airbnb ROI: 7.02% Traditional ROI: 6.84%
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: 4.28% Traditional cash on cash: 4.69% Airbnb Rental Income: $1721 Traditional Rental Income: $1335 Airbnb ROI: 4.28% Traditional ROI: 4.69%
152 Bellemeade Drive Frankfort, KY Well maintained 5 Bedroom, 3 bathrooms, brick ranch with full finished walkout basement, h...	5 beds \| 3 baths \| 3,360 sq.ft.	$335,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 6.8% Airbnb Rental Income: $1582 Traditional Rental Income: $2818 Airbnb ROI: 1.44% Traditional ROI: 6.8%
138 Country Lane Frankfort, KY Welcome home to Bon Air Hills! This well-maintained brick ranch offers the perfect blend o...	3 beds \| 2 baths \| 2,408 sq.ft.	$387,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 4% Airbnb Rental Income: $1721 Traditional Rental Income: $2218 Airbnb ROI: 1.32% Traditional ROI: 4%

Real Estate investment in Frankfort, KY

There are 178 properties for sale in the city of Frankfort . The median list price in Frankfort is $241,855 and the average price per square foot is $113. In September 2026, the average monthly cash on cash return in Frankfort is 4.00%. The average monthly rental income in Frankfort is $1,823.

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

There are 178 investment properties available for sale in Frankfort.

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

The ROI for Long-Term is higher than the Short-Term in Frankfort with average rental income of $1,823.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

1036 Keeneland Court

Frankfort, KY

3 beds | 3 baths | 1,406 sq.ft.

$295,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 4%

Airbnb Rental Income: $1721

Traditional Rental Income: $1747

Airbnb ROI: 2.2%

Traditional ROI: 4%

871 Browns Ferry Road

Frankfort, KY

4 beds | 3 baths | 2,543 sq.ft.

$394,900

Airbnb cash on cash: 2.05%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $2071

Traditional Rental Income: $2657

Airbnb ROI: 2.05%

Traditional ROI: 5.07%

201 HAWTHORNE Drive

Frankfort, KY

4 beds | 2 baths | 1,570 sq.ft.

$275,000

Airbnb cash on cash: 3.72%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $2071

Traditional Rental Income: $1852

Airbnb ROI: 3.72%

Traditional ROI: 4.93%

103 Watson Court

Frankfort, KY

2 beds | 3 baths | 1,658 sq.ft.

$285,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1511

Traditional Rental Income: $1828

Airbnb ROI: 1.79%

Traditional ROI: 4.61%

15 Sheffield Lane

Frankfort, KY

3 beds | 2 baths | 2,297 sq.ft.

$440,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1721

Traditional Rental Income: $2116

Airbnb ROI: 0.94%

Traditional ROI: 3.06%

114 Oaklawn Drive

Frankfort, KY

3 beds | 2 baths | 1,183 sq.ft.

$214,900

Airbnb cash on cash: 3.81%

Traditional cash on cash: 7.64%

Airbnb Rental Income: $1721

Traditional Rental Income: $2025

Airbnb ROI: 3.81%

Traditional ROI: 7.64%

410 Brook Court

Frankfort, KY

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

$445,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1721

Traditional Rental Income: $2412

Airbnb ROI: 0.91%

Traditional ROI: 3.71%

4061 Mink Run Road

Frankfort, KY

3 beds | 2 baths | 2,150 sq.ft.

$449,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 2.87%

Airbnb Rental Income: $1721

Traditional Rental Income: $2081

Airbnb ROI: 0.88%