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
116 Elkhorn Drive Frankfort, KY Back on the market due to no fault of the seller. Well-maintained and move-in ready 2-bedr...	2 beds \| 1 baths \| 1,026 sq.ft.	$199,500	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.37% Airbnb Rental Income: $1211 Traditional Rental Income: $1272 Airbnb ROI: 1.99% Traditional ROI: 4.37%
1025 Keeneland Court Frankfort, KY Welcome home to this beautifully maintained 2-bedroom, 2-full-bath residence nestled in on...	2 beds \| 2 baths \| 1,150 sq.ft.	$215,500	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.56% Airbnb Rental Income: $1211 Traditional Rental Income: $1430 Airbnb ROI: 1.58% Traditional ROI: 4.56%
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.	$485,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.26% Airbnb Rental Income: $1693 Traditional Rental Income: $2412 Airbnb ROI: 0.63% Traditional ROI: 3.26%
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.	$269,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.56% Airbnb Rental Income: $1693 Traditional Rental Income: $1725 Airbnb ROI: 2.58% Traditional ROI: 4.56%
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.	$395,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.19% Airbnb Rental Income: $1693 Traditional Rental Income: $1962 Airbnb ROI: 1.19% Traditional ROI: 3.19%
332 Farmers Lane Frankfort, KY Beautifully updated brick home on the west side of Franklin County. This house features an...	3 beds \| 1 baths \| 1,425 sq.ft.	$219,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 4.67% Airbnb Rental Income: $1693 Traditional Rental Income: $1452 Airbnb ROI: 3.57% Traditional ROI: 4.67%
900 Colonial Trace Frankfort, KY Nestled in a well-established and convenient east side Frankfort neighborhood, this spacio...	3 beds \| 3 baths \| 2,471 sq.ft.	$319,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.93% Airbnb Rental Income: $1693 Traditional Rental Income: $2435 Airbnb ROI: 1.9% Traditional ROI: 5.93%
312 Parkwood Place Frankfort, KY This 3 bedroom, 2 bath brick ranch home nestled in The Meadows neighborhood offers comfort...	3 beds \| 2 baths \| 2,297 sq.ft.	$279,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.81% Airbnb Rental Income: $1693 Traditional Rental Income: $1852 Airbnb ROI: 2.42% Traditional ROI: 4.81%
784 Colonial Trace Frankfort, KY Fieldstone ranch style house totally renovated. New windows, siding, HVAC, Kitchen, Baths ...	3 beds \| 2 baths \| 1,545 sq.ft.	$309,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.9% Airbnb Rental Income: $1693 Traditional Rental Income: $1766 Airbnb ROI: 2.03% Traditional ROI: 3.9%
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.	$274,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 6.42% Airbnb Rental Income: $1673 Traditional Rental Income: $2143 Airbnb ROI: 2.8% Traditional ROI: 6.42%
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: 2.22% Traditional cash on cash: 6.1% Airbnb Rental Income: $1673 Traditional Rental Income: $2266 Airbnb ROI: 2.22% 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: -0.97% Traditional cash on cash: 2.1% Airbnb Rental Income: $1338 Traditional Rental Income: $3503 Airbnb ROI: -0.97% Traditional ROI: 2.1%
204 Village Drive Frankfort, KY Welcome to 204 Village Drive, tucked into the Villages of Duckers Lake. This location make...	3 beds \| 3 baths \| 2,510 sq.ft.	$324,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.59% Airbnb Rental Income: $1693 Traditional Rental Income: $2367 Airbnb ROI: 1.84% Traditional ROI: 5.59%
1310 Louisville Road unit: 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: 2.48% Traditional cash on cash: 5.93% Airbnb Rental Income: $1211 Traditional Rental Income: $1216 Airbnb ROI: 2.48% Traditional ROI: 5.93%
1108 Meadow Glen Drive Frankfort, KY This 3 bedrooms, 2 bath home is move in ready. Fresh paint, new carpet, new wooden deck. T...	3 beds \| 2 baths \| 2,220 sq.ft.	$295,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 5.67% Airbnb Rental Income: $1693 Traditional Rental Income: $2182 Airbnb ROI: 2.21% Traditional ROI: 5.67%
105 Pebble Beach Court Frankfort, KY This adorable ranch has many updates including a few big ticket items! The roof is 6 years...	2 beds \| 2 baths \| 1,178 sq.ft.	$230,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.87% Airbnb Rental Income: $1211 Traditional Rental Income: $1555 Airbnb ROI: 1.49% Traditional ROI: 4.87%
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.	$199,500	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.27% Airbnb Rental Income: $1211 Traditional Rental Income: $1115 Airbnb ROI: 2.72% Traditional ROI: 4.27%
113 Old Station Road Frankfort, KY Built in 2021 and immaculately maintained, this modern home blends contemporary style with...	3 beds \| 3 baths \| 2,152 sq.ft.	$399,500	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.01% Airbnb Rental Income: $1693 Traditional Rental Income: $2301 Airbnb ROI: 1.12% Traditional ROI: 4.01%
113 Fox Tail Lane Frankfort, KY Well-maintained home offering a spacious and functional layout designed for comfortable ev...	4 beds \| 2 baths \| 2,575 sq.ft.	$340,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.13% Airbnb Rental Income: $1673 Traditional Rental Income: $2323 Airbnb ROI: 1.63% Traditional ROI: 5.13%
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: -1.04% Traditional cash on cash: -0.11% Airbnb Rental Income: $1211 Traditional Rental Income: $1104 Airbnb ROI: -1.04% 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.	$215,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 7.38% Airbnb Rental Income: $1673 Traditional Rental Income: $1914 Airbnb ROI: 3.9% Traditional ROI: 7.38%
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.	$399,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 1.03% Airbnb Rental Income: $1693 Traditional Rental Income: $1174 Airbnb ROI: 1.16% Traditional ROI: 1.03%
101 Matador Court Frankfort, KY This nice corner lot is located in a quiet neighborhood close to schools. Features a 3-bed...	3 beds \| 1 baths \| 1,019 sq.ft.	$206,500	Airbnb cash on cash: 4.28% Traditional cash on cash: 4.66% Airbnb Rental Income: $1693 Traditional Rental Income: $1297 Airbnb ROI: 4.28% Traditional ROI: 4.66%
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.	$279,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.26% Airbnb Rental Income: $1211 Traditional Rental Income: $1798 Airbnb ROI: 1.55% Traditional ROI: 5.26%
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: 1.14% Traditional cash on cash: 3.26% Airbnb Rental Income: $1693 Traditional Rental Income: $2009 Airbnb ROI: 1.14% Traditional ROI: 3.26%
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: 1.97% Traditional cash on cash: 4.02% Airbnb Rental Income: $1693 Traditional Rental Income: $1827 Airbnb ROI: 1.97% 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: 2.66% Traditional cash on cash: 2.99% Airbnb Rental Income: $1693 Traditional Rental Income: $1303 Airbnb ROI: 2.66% Traditional ROI: 2.99%
42 Lock View Drive Frankfort, KY Great 3 bed, 2 bath ranch in a super convenient location! This home has a nice split floor...	3 beds \| 2 baths \| 1,448 sq.ft.	$269,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.66% Airbnb Rental Income: $1693 Traditional Rental Income: $1751 Airbnb ROI: 2.58% Traditional ROI: 4.66%
104 Berkley Lane Frankfort, KY Welcome to this 4 bedroom, 2 bath home with an open layout connecting the kitchen and livi...	4 beds \| 2 baths \| 1,584 sq.ft.	$255,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 5.36% Airbnb Rental Income: $1673 Traditional Rental Income: $1830 Airbnb ROI: 2.77% Traditional ROI: 5.36%
143-145 Wallace Avenue Frankfort, KY Don't miss your chance to own this income-producing duplex in the heart of downtown Frankf...	4 beds \| 2 baths \| 1,568 sq.ft.	$135,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 11.22% Airbnb Rental Income: $1673 Traditional Rental Income: $1788 Airbnb ROI: 6.73% Traditional ROI: 11.22%
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.	$353,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.28% Airbnb Rental Income: $1693 Traditional Rental Income: $2132 Airbnb ROI: 1.54% Traditional ROI: 4.28%
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: 3.22% Traditional cash on cash: 6.52% Airbnb Rental Income: $1211 Traditional Rental Income: $1293 Airbnb ROI: 3.22% 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: 3.57% Traditional cash on cash: 11.75% Airbnb Rental Income: $1211 Traditional Rental Income: $1918 Airbnb ROI: 3.57% Traditional ROI: 11.75%
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.	$332,500	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.53% Airbnb Rental Income: $1211 Traditional Rental Income: $2088 Airbnb ROI: 0.47% Traditional ROI: 4.53%
222 Stevenson Drive Frankfort, KY Beautifully renovated 2-bedroom, 1-bath home with off-street parking, a garage, and a larg...	2 beds \| 1 baths \| 904 sq.ft.	$209,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 3.88% Airbnb Rental Income: $1211 Traditional Rental Income: $1230 Airbnb ROI: 1.82% Traditional ROI: 3.88%
309 Westland Drive Frankfort, KY Welcome to 309 Westland Drive in Frankfort, Kentucky-situated on a quiet, highly desirable...	4 beds \| 3 baths \| 2,136 sq.ft.	$230,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 8.14% Airbnb Rental Income: $1673 Traditional Rental Income: $2267 Airbnb ROI: 3.26% Traditional ROI: 8.14%
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: 4.17% Traditional cash on cash: 4.69% Airbnb Rental Income: $1693 Traditional Rental Income: $1335 Airbnb ROI: 4.17% Traditional ROI: 4.69%
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: 2.1% Traditional cash on cash: 2.85% Airbnb Rental Income: $1673 Traditional Rental Income: $1418 Airbnb ROI: 2.1% Traditional ROI: 2.85%
2047 Berry Hill Drive Frankfort, KY Welcome to easy, low-maintenance living at 2047 Berry Hill Drive! This beautifully designe...	3 beds \| 2 baths \| 2,022 sq.ft.	$429,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.96% Airbnb Rental Income: $1693 Traditional Rental Income: $1694 Airbnb ROI: -0.21% Traditional ROI: 0.96%
345 Harrodswood Road Frankfort, KY This well maintained 3 bedroom, 2 bathroom single level ranch offers comfortable living in...	3 beds \| 2 baths \| 1,525 sq.ft.	$287,500	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.46% Airbnb Rental Income: $1693 Traditional Rental Income: $1804 Airbnb ROI: 2.32% Traditional ROI: 4.46%

Real Estate investment in Frankfort, KY

There are 197 properties for sale in the city of Frankfort . The median list price in Frankfort is $289,900 and the average price per square foot is $141. In May 2026, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $1,798.

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

There are 197 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 $1,798.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

116 Elkhorn Drive

Frankfort, KY

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

$199,500

Airbnb cash on cash: 1.99%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1211

Traditional Rental Income: $1272

Airbnb ROI: 1.99%

Traditional ROI: 4.37%

1025 Keeneland Court

Frankfort, KY

2 beds | 2 baths | 1,150 sq.ft.

$215,500

Airbnb cash on cash: 1.58%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1211

Traditional Rental Income: $1430

Airbnb ROI: 1.58%

Traditional ROI: 4.56%

410 Brook Court

Frankfort, KY

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

$485,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $1693

Traditional Rental Income: $2412

Airbnb ROI: 0.63%

Traditional ROI: 3.26%

132 Meadowbrook Drive

Frankfort, KY

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

$269,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1693

Traditional Rental Income: $1725

Airbnb ROI: 2.58%

Traditional ROI: 4.56%

456 Blackfoot Trail

Frankfort, KY

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

$395,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1693

Traditional Rental Income: $1962

Airbnb ROI: 1.19%

Traditional ROI: 3.19%

332 Farmers Lane

Frankfort, KY

3 beds | 1 baths | 1,425 sq.ft.

$219,900

Airbnb cash on cash: 3.57%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1693

Traditional Rental Income: $1452

Airbnb ROI: 3.57%

Traditional ROI: 4.67%

900 Colonial Trace

Frankfort, KY

3 beds | 3 baths | 2,471 sq.ft.

$319,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $1693

Traditional Rental Income: $2435

Airbnb ROI: 1.9%

Traditional ROI: 5.93%

312 Parkwood Place

Frankfort, KY

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

$279,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $1693

Traditional Rental Income: $1852

Airbnb ROI: 2.42%