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
30 Bell Lane Frankfort, KY MOTIVATED SELLER; PRICED TO SELL! Welcome to 30 Bell Lane, your dream home in a super cute...	3 beds \| 2 baths \| 1,584 sq.ft.	$235,000	Airbnb cash on cash: 6.07% Traditional cash on cash: 5.55% Airbnb Rental Income: $2451 Traditional Rental Income: $1738 Airbnb ROI: 6.07% Traditional ROI: 5.55%
915 Crosshill Drive Frankfort, KY Spacious and beautifully updated, this 4-bedroom, 3-bath brick ranch offers ideal flexibil...	4 beds \| 3 baths \| 3,174 sq.ft.	$405,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 2.59% Airbnb Rental Income: $3240 Traditional Rental Income: $1779 Airbnb ROI: 4.52% Traditional ROI: 2.59%
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.	$285,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 4.99% Airbnb Rental Income: $2451 Traditional Rental Income: $1930 Airbnb ROI: 4.7% Traditional ROI: 4.99%
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.	$169,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 5.32% Airbnb Rental Income: $1498 Traditional Rental Income: $1255 Airbnb ROI: 4.11% Traditional ROI: 5.32%
1127 Leawood Drive Frankfort, KY Open Sunday June 8th. from 1:00-3:00 pm . This Condominium was the model home and owner...	4 beds \| 3 baths \| 3,631 sq.ft.	$479,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.86% Airbnb Rental Income: $3240 Traditional Rental Income: $2677 Airbnb ROI: 2.49% Traditional ROI: 2.86%
104 Thistle Rd Frankfort, KY Welcome home to this charming brick 1.5-story house located in a quiet and convenient neig...	4 beds \| 3 baths \| 2,722 sq.ft.	$350,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 7.08% Airbnb Rental Income: $3240 Traditional Rental Income: $2791 Airbnb ROI: 6.23% Traditional ROI: 7.08%
103 Valley View Drive Frankfort, KY Just listed this charming 2 bedroom, 1 bathroom home with an unfinished basement and one ...	2 beds \| 1 baths \| 1,001 sq.ft.	$192,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 4.51% Airbnb Rental Income: $1498 Traditional Rental Income: $1259 Airbnb ROI: 3.42% Traditional ROI: 4.51%
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: 3.09% Traditional cash on cash: 3.79% Airbnb Rental Income: $2451 Traditional Rental Income: $2101 Airbnb ROI: 3.09% Traditional ROI: 3.79%
205 Paul Sawyier Drive Frankfort, KY New Price on this charming Home on the Kentucky River in South Frankfort. Don't miss this ...	4 beds \| 3 baths \| 2,096 sq.ft.	$238,000	Airbnb cash on cash: 8.89% Traditional cash on cash: 9.21% Airbnb Rental Income: $3240 Traditional Rental Income: $2582 Airbnb ROI: 8.89% Traditional ROI: 9.21%
111 Spruce Drive Frankfort, KY Ranch on an unfinished basement (more on the basement below) on the west side of town? Yes...	3 beds \| 2 baths \| 1,344 sq.ft.	$239,900	Airbnb cash on cash: 5.91% Traditional cash on cash: 5.34% Airbnb Rental Income: $2451 Traditional Rental Income: $1725 Airbnb ROI: 5.91% Traditional ROI: 5.34%
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: 6.91% Traditional cash on cash: 6.02% Airbnb Rental Income: $3240 Traditional Rental Income: $2266 Airbnb ROI: 6.91% Traditional ROI: 6.02%
206 Glenbrook Court Frankfort, KY This Story and a half Cape cod charmer will make a great home for your family. Come see t...	3 beds \| 2 baths \| 1,734 sq.ft.	$349,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 4.32% Airbnb Rental Income: $2451 Traditional Rental Income: $1968 Airbnb ROI: 3.97% Traditional ROI: 4.32%
1310 Louisville Road Frankfort, KY Crystal Brook Condominium, move in ready. Affordable, easy living in a comfortable commun...	2 beds \| 1 baths \| 832 sq.ft.	$119,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 5.93% Airbnb Rental Income: $1498 Traditional Rental Income: $1216 Airbnb ROI: 4.57% 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.	$229,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.43% Airbnb Rental Income: $1498 Traditional Rental Income: $1454 Airbnb ROI: 2.61% Traditional ROI: 4.43%
104 Palmer Drive Frankfort, KY Discover comfort, charm, and convenience in this beautifully maintained 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,565 sq.ft.	$275,000	Airbnb cash on cash: 5.22% Traditional cash on cash: 3.7% Airbnb Rental Income: $2451 Traditional Rental Income: $1460 Airbnb ROI: 5.22% Traditional ROI: 3.7%
108 Cedar Crest Lane Frankfort, KY Charming 3-Bedroom Ranch in the Heart of Frankfort, KY. Welcome to this beautifully mainta...	3 beds \| 2 baths \| 1,104 sq.ft.	$225,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 5.14% Airbnb Rental Income: $2451 Traditional Rental Income: $1583 Airbnb ROI: 6.42% Traditional ROI: 5.14%
322 Steele Street Frankfort, KY 🏡 Luxurious Downtown Frankfort Home - A Rare Gem! This stunning 5-bedroom, ...	5 beds \| 4 baths \| 3,170 sq.ft.	$525,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 4.68% Airbnb Rental Income: $4708 Traditional Rental Income: $2992 Airbnb ROI: 6.2% Traditional ROI: 4.68%
104 Wisteria Lane Frankfort, KY OPEN HOUSE, SUNDAY, Sept 7th, 2-4 pm Welcome to this beautifully maintained single-story 3...	3 beds \| 2 baths \| 1,637 sq.ft.	$335,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.73% Airbnb Rental Income: $2451 Traditional Rental Income: $1850 Airbnb ROI: 3.74% Traditional ROI: 3.73%
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: 4.57% Traditional cash on cash: 3.58% Airbnb Rental Income: $3240 Traditional Rental Income: $2141 Airbnb ROI: 4.57% Traditional ROI: 3.58%
404 Ewing Street Frankfort, KY Priced well below current appraisal! Immediately available! Charming Craftsman in De...	3 beds \| 2 baths \| 1,630 sq.ft.	$225,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 7.05% Airbnb Rental Income: $2451 Traditional Rental Income: $1988 Airbnb ROI: 6.42% Traditional ROI: 7.05%
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.	$345,000	Airbnb cash on cash: -0.31% Traditional cash on cash: -0.17% Airbnb Rental Income: $1498 Traditional Rental Income: $1104 Airbnb ROI: -0.31% Traditional ROI: -0.17%
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: 4.42% Traditional cash on cash: 5.75% Airbnb Rental Income: $2451 Traditional Rental Income: $2254 Airbnb ROI: 4.42% Traditional ROI: 5.75%
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: 1.94% Traditional cash on cash: 4.76% Airbnb Rental Income: $1192 Traditional Rental Income: $1390 Airbnb ROI: 1.94% Traditional ROI: 4.76%
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.	$149,900	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.68% Airbnb Rental Income: $1335 Traditional Rental Income: $940 Airbnb ROI: 4.57% Traditional ROI: 4.68%
224 Oak Ridge Drive Frankfort, KY Located in the desirable West Ridge subdivision with Westridge Elementary just steps from ...	3 beds \| 3 baths \| 1,650 sq.ft.	$349,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 4.81% Airbnb Rental Income: $2451 Traditional Rental Income: $2011 Airbnb ROI: 4.33% Traditional ROI: 4.81%
138 Oaklawn Drive Frankfort, KY Not far from Buffalo Trace in Frankfort, this cute home is a 3 bedroom/1 full bath brick r...	3 beds \| 1 baths \| 1,037 sq.ft.	$219,500	Airbnb cash on cash: 6.91% Traditional cash on cash: 4.57% Airbnb Rental Income: $2451 Traditional Rental Income: $1368 Airbnb ROI: 6.91% Traditional ROI: 4.57%
528 Old Station Road Frankfort, KY Charming Modern Retreat in the Heart of Augusta Neighborhood! Welcome to your dream home! ...	3 beds \| 3 baths \| 1,999 sq.ft.	$395,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 2.57% Airbnb Rental Income: $2451 Traditional Rental Income: $1744 Airbnb ROI: 2.86% Traditional ROI: 2.57%
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: 2.84% Traditional cash on cash: 3.26% Airbnb Rental Income: $2451 Traditional Rental Income: $2009 Airbnb ROI: 2.84% Traditional ROI: 3.26%
146 Highwood Drive Frankfort, KY Nestled in Coolbrook Subdivison, this beloved brick ranch offers a cozy and practical layo...	3 beds \| 2 baths \| 1,050 sq.ft.	$224,900	Airbnb cash on cash: 6.42% Traditional cash on cash: 4.57% Airbnb Rental Income: $2451 Traditional Rental Income: $1459 Airbnb ROI: 6.42% Traditional ROI: 4.57%
505 Johnson Road Frankfort, KY You are going to fall in love with this stunning luxury residence featuring just over 5 ac...	4 beds \| 5 baths \| 5,775 sq.ft.	$995,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.96% Airbnb Rental Income: $3240 Traditional Rental Income: $4550 Airbnb ROI: 0.76% Traditional ROI: 2.96%
121 Schenkelwood Drive Frankfort, KY Charming Brick Home with Modern Touches in the Heart of Frankfort Welcome to this beaut...	2 beds \| 1 baths \| 1,258 sq.ft.	$222,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 4.42% Airbnb Rental Income: $1498 Traditional Rental Income: $1412 Airbnb ROI: 2.75% Traditional ROI: 4.42%
212 Payne Street Frankfort, KY This charming 2 bedroom home with hardwood flooring, eat-in kitchen, detached garage and a...	2 beds \| 1 baths \| 987 sq.ft.	$165,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 5.33% Airbnb Rental Income: $1498 Traditional Rental Income: $1224 Airbnb ROI: 4.29% Traditional ROI: 5.33%
862 E Main Street Frankfort, KY Get the best of old and new in this Crestwood Charmer. Super convenient location close to ...	3 beds \| 2 baths \| 1,600 sq.ft.	$239,900	Airbnb cash on cash: 5.91% Traditional cash on cash: 6.6% Airbnb Rental Income: $2451 Traditional Rental Income: $2009 Airbnb ROI: 5.91% Traditional ROI: 6.6%
7 Whitebridge Lane Frankfort, KY Step into exceptional living in this beautifully updated home, where floor-to-ceiling wind...	3 beds \| 3 baths \| 3,933 sq.ft.	$465,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 2.92% Airbnb Rental Income: $2451 Traditional Rental Income: $2175 Airbnb ROI: 2.18% Traditional ROI: 2.92%
640 Jones Lane Frankfort, KY Located minutes from downtown Frankfort, this spacious ranch offers 3 bedrooms and 3 full ...	3 beds \| 3 baths \| 4,190 sq.ft.	$372,500	Airbnb cash on cash: 3.18% Traditional cash on cash: 4% Airbnb Rental Income: $2451 Traditional Rental Income: $2140 Airbnb ROI: 3.18% Traditional ROI: 4%
225 Old Station Road Frankfort, KY Welcome to your dream home! This stunning new construction by award-winning Haddix Constru...	3 beds \| 2 baths \| 1,832 sq.ft.	$434,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.84% Airbnb Rental Income: $2451 Traditional Rental Income: $2421 Airbnb ROI: 2.44% Traditional ROI: 3.84%
116 Cedar Ridge Road Frankfort, KY Views for miles and upgrades for days with this beautifully maintained 3 bedroom, 2 bath h...	3 beds \| 2 baths \| 1,783 sq.ft.	$315,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.47% Airbnb Rental Income: $2451 Traditional Rental Income: $1375 Airbnb ROI: 4.09% Traditional ROI: 2.47%
130 Allnutt Drive Frankfort, KY Welcome to 130 Allnutt Dr in Frankfort! This charming 2-bedroom, 1-bath home offers the pe...	2 beds \| 1 baths \| 1,872 sq.ft.	$179,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 5.61% Airbnb Rental Income: $1498 Traditional Rental Income: $1371 Airbnb ROI: 3.79% Traditional ROI: 5.61%
213 Old Station Road Frankfort, KY Professional Pictures To Come Happy To Offer This Immaculate New Home Built By Award...	3 beds \| 3 baths \| 2,082 sq.ft.	$399,975	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.09% Airbnb Rental Income: $2451 Traditional Rental Income: $2335 Airbnb ROI: 2.8% Traditional ROI: 4.09%

Real Estate investment in Frankfort, KY

There are 189 properties for sale in the city of Frankfort . The median list price in Frankfort is $294,900 and the average price per square foot is $145. In September 2025, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $1,972.

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

There are 189 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 $2,451.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

30 Bell Lane

Frankfort, KY

3 beds | 2 baths | 1,584 sq.ft.

$235,000

Airbnb cash on cash: 6.07%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $2451

Traditional Rental Income: $1738

Airbnb ROI: 6.07%

Traditional ROI: 5.55%

915 Crosshill Drive

Frankfort, KY

4 beds | 3 baths | 3,174 sq.ft.

$405,000

Airbnb cash on cash: 4.52%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $3240

Traditional Rental Income: $1779

Airbnb ROI: 4.52%

Traditional ROI: 2.59%

224 Meadowview Drive

Frankfort, KY

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

$285,000

Airbnb cash on cash: 4.7%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $2451

Traditional Rental Income: $1930

Airbnb ROI: 4.7%

Traditional ROI: 4.99%

255 McKenzie Avenue

Frankfort, KY

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

$169,900

Airbnb cash on cash: 4.11%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1498

Traditional Rental Income: $1255

Airbnb ROI: 4.11%

Traditional ROI: 5.32%

1127 Leawood Drive

Frankfort, KY

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

$479,900

Airbnb cash on cash: 2.49%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $3240

Traditional Rental Income: $2677

Airbnb ROI: 2.49%

Traditional ROI: 2.86%

104 Thistle Rd

Frankfort, KY

4 beds | 3 baths | 2,722 sq.ft.

$350,000

Airbnb cash on cash: 6.23%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $3240

Traditional Rental Income: $2791

Airbnb ROI: 6.23%

Traditional ROI: 7.08%

103 Valley View Drive

Frankfort, KY

2 beds | 1 baths | 1,001 sq.ft.

$192,900

Airbnb cash on cash: 3.42%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1498

Traditional Rental Income: $1259

Airbnb ROI: 3.42%

Traditional ROI: 4.51%

108 Buena Vista Drive

Frankfort, KY

3 beds | 2 baths | 1,825 sq.ft.

$379,500

Airbnb cash on cash: 3.09%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $2451

Traditional Rental Income: $2101

Airbnb ROI: 3.09%