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
181 Dove Creek Road Frankfort, KY Beautifully remodeled move-in ready home in very desired Dove Creek Sub. Majority of home ...	3 beds \| 2 baths \| 1,890 sq.ft.	$412,500	Airbnb cash on cash: 6.42% Traditional cash on cash: 3.06% Airbnb Rental Income: $4178 Traditional Rental Income: $1991 Airbnb ROI: 6.42% Traditional ROI: 3.06%
209 Old Station Road Frankfort, KY Builder To Offer 2/1 Buydown (2% Interest Rate Reduction for 1st year & 1% Interest Rate R...	3 beds \| 2 baths \| 1,710 sq.ft.	$405,725	Airbnb cash on cash: 6.52% Traditional cash on cash: 3.14% Airbnb Rental Income: $4178 Traditional Rental Income: $2005 Airbnb ROI: 6.52% Traditional ROI: 3.14%
145 Locust Ridge Road Frankfort, KY Right in the heart of Frankfort, this corner home is quite the statement piece! Imagine pu...	3 beds \| 3 baths \| 2,128 sq.ft.	$321,000	Airbnb cash on cash: 8.75% Traditional cash on cash: 5.04% Airbnb Rental Income: $4178 Traditional Rental Income: $2174 Airbnb ROI: 8.75% Traditional ROI: 5.04%
101 Edgemont Road Frankfort, KY Move-in ready! Includes entry, step down living room, formal dining , kitchen with island...	3 beds \| 2 baths \| 2,522 sq.ft.	$349,900	Airbnb cash on cash: 7.88% Traditional cash on cash: 4.73% Airbnb Rental Income: $4178 Traditional Rental Income: $2258 Airbnb ROI: 7.88% Traditional ROI: 4.73%
1310 Louisville Road Frankfort, KY Lovely condo located in Crystal Brook Condominium complex. Perfect 2 bedroom and 1 bath. C...	2 beds \| 1 baths \| 832 sq.ft.	$135,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 5.22% Airbnb Rental Income: $1745 Traditional Rental Income: $1216 Airbnb ROI: 5.6% Traditional ROI: 5.22%
317 Old Station Road Frankfort, KY Step Inside This Beautiful Home Known As The Ashwood Built By The Award Winning Builder Ha...	3 beds \| 2 baths \| 1,830 sq.ft.	$392,135	Airbnb cash on cash: 6.81% Traditional cash on cash: 3.67% Airbnb Rental Income: $4178 Traditional Rental Income: $2138 Airbnb ROI: 6.81% Traditional ROI: 3.67%
104 Wisteria Lane Frankfort, KY *This property is contingent under contract with 48-hr kick-out clause. Available for show...	3 beds \| 2 baths \| 1,637 sq.ft.	$335,000	Airbnb cash on cash: 8.31% Traditional cash on cash: 3.73% Airbnb Rental Income: $4178 Traditional Rental Income: $1850 Airbnb ROI: 8.31% Traditional ROI: 3.73%
305 Old Station Road Frankfort, KY Step Inside This Beautiful Home Known As The Ashwood Built By The Award Winning Builder Ha...	3 beds \| 2 baths \| 1,770 sq.ft.	$355,181	Airbnb cash on cash: 7.7% Traditional cash on cash: 3.94% Airbnb Rental Income: $4178 Traditional Rental Income: $2039 Airbnb ROI: 7.7% Traditional ROI: 3.94%
528 Timothy Drive Frankfort, KY Gorgeous and completely remodeled. New roof, new windows, totally new kitchen with attract...	3 beds \| 3 baths \| 2,290 sq.ft.	$389,900	Airbnb cash on cash: 7.31% Traditional cash on cash: 4.77% Airbnb Rental Income: $4178 Traditional Rental Income: $2364 Airbnb ROI: 7.31% Traditional ROI: 4.77%
129 Woods Way Frankfort, KY Freshly remodeled and updated one level living in a great community with all brick constru...	3 beds \| 2 baths \| 1,715 sq.ft.	$294,900	Airbnb cash on cash: 9.24% Traditional cash on cash: 5.28% Airbnb Rental Income: $4178 Traditional Rental Income: $2195 Airbnb ROI: 9.24% Traditional ROI: 5.28%
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.	$415,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 2.36% Airbnb Rental Income: $4178 Traditional Rental Income: $1744 Airbnb ROI: 6.34% Traditional ROI: 2.36%
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: 6.71% Traditional cash on cash: 3.26% Airbnb Rental Income: $4178 Traditional Rental Income: $2009 Airbnb ROI: 6.71% Traditional ROI: 3.26%
401 South Benson Road Frankfort, KY You must not miss your chance to own this new construction home made by the amazing Turner...	3 beds \| 3 baths \| 2,479 sq.ft.	$538,481	Airbnb cash on cash: 4.5% Traditional cash on cash: 2.79% Airbnb Rental Income: $4178 Traditional Rental Income: $2429 Airbnb ROI: 4.5% Traditional ROI: 2.79%
2021 Berry Hill Drive Frankfort, KY Spacious 2 yr old home. Home is handicapped accessible NO STEPS,. Large MBR with sittin...	3 beds \| 2 baths \| 1,882 sq.ft.	$344,900	Airbnb cash on cash: 6.62% Traditional cash on cash: 1.5% Airbnb Rental Income: $4178 Traditional Rental Income: $1634 Airbnb ROI: 6.62% Traditional ROI: 1.5%
2015 Silver Lake Boulevard Frankfort, KY Charming Ranch Home with Prime Location near Lake and Parks! Welcome to 2015 Silverlake B...	3 beds \| 2 baths \| 1,950 sq.ft.	$350,000	Airbnb cash on cash: 7.85% Traditional cash on cash: 4.11% Airbnb Rental Income: $4178 Traditional Rental Income: $2063 Airbnb ROI: 7.85% Traditional ROI: 4.11%
621 Clover Dr Frankfort, KY GREAT OPPORTUNITY! Previous buyers backed out after making offer sight unseen. Their loss ...	3 beds \| 2 baths \| 1,963 sq.ft.	$320,000	Airbnb cash on cash: 8.78% Traditional cash on cash: 4.84% Airbnb Rental Income: $4178 Traditional Rental Income: $2106 Airbnb ROI: 8.78% Traditional ROI: 4.84%
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.	$405,585	Airbnb cash on cash: 6.53% Traditional cash on cash: 4.01% Airbnb Rental Income: $4178 Traditional Rental Income: $2335 Airbnb ROI: 6.53% Traditional ROI: 4.01%
115 Bayberry Lane Frankfort, KY This is a beautiful 3 bedroom, 2 bath contemporary style home. All the bedrooms are on th...	3 beds \| 3 baths \| 1,804 sq.ft.	$359,000	Airbnb cash on cash: 7.64% Traditional cash on cash: 2.57% Airbnb Rental Income: $4178 Traditional Rental Income: $1582 Airbnb ROI: 7.64% Traditional ROI: 2.57%
124 White Pine Court Frankfort, KY This Gorgeous Home Is Back On The Market Through No Fault Of The Seller. Builder To Offer ...	3 beds \| 3 baths \| 2,017 sq.ft.	$399,900	Airbnb cash on cash: 6.59% Traditional cash on cash: 4.01% Airbnb Rental Income: $4178 Traditional Rental Income: $2325 Airbnb ROI: 6.59% Traditional ROI: 4.01%
404 Noel Avenue Frankfort, KY Looking for charm, comfort, and convenience? This cozy gem offers all three! Nestled just...	2 beds \| 1 baths \| 872 sq.ft.	$178,000	Airbnb cash on cash: 5.06% Traditional cash on cash: 2.58% Airbnb Rental Income: $1745 Traditional Rental Income: $845 Airbnb ROI: 5.06% Traditional ROI: 2.58%
214 Laffoon Drive Frankfort, KY Check out this cozy home in Grandview Heights that's perfect for a first time home buyer! ...	2 beds \| 1 baths \| 968 sq.ft.	$179,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.45% Airbnb Rental Income: $1745 Traditional Rental Income: $1166 Airbnb ROI: 5.03% Traditional ROI: 4.45%
183 Blueridge Drive Frankfort, KY This home has been thoughtfully remodeled with a perfect blend of charm, character, and mo...	3 beds \| 3 baths \| 2,553 sq.ft.	$450,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 1.86% Airbnb Rental Income: $4178 Traditional Rental Income: $1657 Airbnb ROI: 5.74% Traditional ROI: 1.86%
117 Piedmont Lane Frankfort, KY Wonderful 2 bedroom condominium, with a full unfinished basement for storage and storm sh...	2 beds \| 2 baths \| 1,100 sq.ft.	$289,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 2.58% Airbnb Rental Income: $1745 Traditional Rental Income: $1244 Airbnb ROI: 2.65% Traditional ROI: 2.58%
299 Old Station Road Frankfort, KY Proposed Construction. This Plan Is Known As The Dahlia And Is Built By The Award Winning ...	3 beds \| 3 baths \| 2,324 sq.ft.	$436,735	Airbnb cash on cash: 5.94% Traditional cash on cash: 3.66% Airbnb Rental Income: $4178 Traditional Rental Income: $2362 Airbnb ROI: 5.94% Traditional ROI: 3.66%
72 Westmont Court Frankfort, KY Welcome to this impeccably updated, all-brick ranch-style residence nestled in the heart o...	3 beds \| 2 baths \| 1,744 sq.ft.	$329,000	Airbnb cash on cash: 8.49% Traditional cash on cash: 4.4% Airbnb Rental Income: $4178 Traditional Rental Income: $2028 Airbnb ROI: 8.49% Traditional ROI: 4.4%
2200 Leestown Road Frankfort, KY Proposed Construction - Step Inside This Beautiful Floor Plan Also Known As The Juniper Ri...	3 beds \| 3 baths \| 2,182 sq.ft.	$522,005	Airbnb cash on cash: 4.7% Traditional cash on cash: 2.68% Airbnb Rental Income: $4178 Traditional Rental Income: $2307 Airbnb ROI: 4.7% Traditional ROI: 2.68%
377 Harrodswood Road Frankfort, KY Clean natural light galore! Do not miss the opportunity to own this breathtaking completel...	3 beds \| 3 baths \| 3,214 sq.ft.	$365,000	Airbnb cash on cash: 8.28% Traditional cash on cash: 4.92% Airbnb Rental Income: $4178 Traditional Rental Income: $2140 Airbnb ROI: 8.28% Traditional ROI: 4.92%
118 Woods Way Frankfort, KY Presenting an exceptional, fully remodeled condo in the highly sought-after Condos at Duck...	3 beds \| 2 baths \| 1,719 sq.ft.	$293,000	Airbnb cash on cash: 9.14% Traditional cash on cash: 2.97% Airbnb Rental Income: $4178 Traditional Rental Income: $1590 Airbnb ROI: 9.14% Traditional ROI: 2.97%
800 A South Scruggs Frankfort, KY ! EXTENSIVE HOME RENOVATIONS!! A One Of A Kind Property! Beautiful, Historic Home With Wo...	4 beds \| 6 baths \| 4,439 sq.ft.	$1,650,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 1.41% Airbnb Rental Income: $7269 Traditional Rental Income: $5104 Airbnb ROI: 1.91% Traditional ROI: 1.41%
2004 Berry HILL Drive Frankfort, KY To finish this great condo, we opted to add a fully tiled shower in the en-suite master ba...	2 beds \| 2 baths \| 1,646 sq.ft.	$401,680	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.67% Airbnb Rental Income: $1745 Traditional Rental Income: $2254 Airbnb ROI: 0.05% Traditional ROI: 2.67%
2006 Berry HILL Drive Frankfort, KY This 2-bedroom, 2-bath condo is almost completed and ready for you to say, 'I'm HOME!' Thi...	2 beds \| 2 baths \| 1,646 sq.ft.	$399,800	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.69% Airbnb Rental Income: $1745 Traditional Rental Income: $2254 Airbnb ROI: 0.06% Traditional ROI: 2.69%
148 Quisenberry Ln Frankfort, KY Check out this nice 2 bedroom and 1 bathroom home just minutes from Frankfort or Bagdad. T...	2 beds \| 1 baths \| 1,070 sq.ft.	$125,000	Airbnb cash on cash: 7.88% Traditional cash on cash: 8.16% Airbnb Rental Income: $1745 Traditional Rental Income: $1299 Airbnb ROI: 7.88% Traditional ROI: 8.16%
1758 Airdrie Lane Frankfort, KY Welcome to Rose Hill in the sought after Inverness Estates. This stately brick home sits ...	4 beds \| 4 baths \| 3,309 sq.ft.	$775,000	Airbnb cash on cash: 6.14% Traditional cash on cash: 2.83% Airbnb Rental Income: $7269 Traditional Rental Income: $3476 Airbnb ROI: 6.14% Traditional ROI: 2.83%
15 Scotland Street Frankfort, KY Stunning 1.5 story, 4 bedroom, 5.5. bath home, meticulously maintained & upgraded througho...	4 beds \| 5 baths \| 7,226 sq.ft.	$1,100,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 2.58% Airbnb Rental Income: $7269 Traditional Rental Income: $4379 Airbnb ROI: 4.04% Traditional ROI: 2.58%
1329 Mt Zion Road Frankfort, KY Make your dreams come true today! This rustic farmhouse sits on a stunning 72.5 Acres +/-....	5 beds \| 1 baths \| 2,212 sq.ft.	$580,000	Airbnb cash on cash: 8.14% Traditional cash on cash: 2.26% Airbnb Rental Income: $6293 Traditional Rental Income: $1872 Airbnb ROI: 8.14% Traditional ROI: 2.26%
2025 Berry Hill Drive Frankfort, KY GOING GOING ALMOST GONE. Ther are only 4 FLAT lots remaining in Berry Hill. and only 2 wi...	3 beds \| 2 baths \| 2,022 sq.ft.	$387,200	Airbnb cash on cash: 5.7% Traditional cash on cash: 2.44% Airbnb Rental Income: $4178 Traditional Rental Income: $2108 Airbnb ROI: 5.7% Traditional ROI: 2.44%
2027 Berry Hill Drive Frankfort, KY GOING GOING ALMOST GONE. Ther are only 4 FLAT lots remaining in Berry Hill. Only 2 with ...	3 beds \| 2 baths \| 2,022 sq.ft.	$387,200	Airbnb cash on cash: 5.7% Traditional cash on cash: 3.54% Airbnb Rental Income: $4178 Traditional Rental Income: $2508 Airbnb ROI: 5.7% Traditional ROI: 3.54%
2031 Berry Hill Drive Frankfort, KY Are you thinking of moving to Berry Hill? Want a one-floor plan? NOW is the time. There ...	2 beds \| 2 baths \| 1,646 sq.ft.	$349,230	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.35% Airbnb Rental Income: $1745 Traditional Rental Income: $2254 Airbnb ROI: 0.33% Traditional ROI: 3.35%
120 Country Lane Frankfort, KY Back on the market, no fault of seller. This turn key 3 bedrooms, 2.5 baths nested in the ...	3 beds \| 3 baths \| 2,378 sq.ft.	$410,000	Airbnb cash on cash: 7.06% Traditional cash on cash: 5.43% Airbnb Rental Income: $4178 Traditional Rental Income: $2668 Airbnb ROI: 7.06% Traditional ROI: 5.43%
300 Paul Sawyier Drive Frankfort, KY Beautiful stone one and a half story home with plenty of space throughout in large rooms s...	3 beds \| 5 baths \| 2,803 sq.ft.	$499,000	Airbnb cash on cash: 5.48% Traditional cash on cash: 7.37% Airbnb Rental Income: $4178 Traditional Rental Income: $4178 Airbnb ROI: 5.48% Traditional ROI: 7.37%

Real Estate investment in Frankfort, KY

There are 79 properties for sale in the city of Frankfort . The median list price in Frankfort is $299,900 and the average price per square foot is $144. In January 2025, the average monthly cash on cash return in Frankfort is 5.00%. The average monthly rental income in Frankfort is $2,039.

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

There are 79 investment properties available for sale in Frankfort.

In 2025, 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 $2,039.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

181 Dove Creek Road

Frankfort, KY

3 beds | 2 baths | 1,890 sq.ft.

$412,500

Airbnb cash on cash: 6.42%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $4178

Traditional Rental Income: $1991

Airbnb ROI: 6.42%

Traditional ROI: 3.06%

209 Old Station Road

Frankfort, KY

3 beds | 2 baths | 1,710 sq.ft.

$405,725

Airbnb cash on cash: 6.52%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $4178

Traditional Rental Income: $2005

Airbnb ROI: 6.52%

Traditional ROI: 3.14%

145 Locust Ridge Road

Frankfort, KY

3 beds | 3 baths | 2,128 sq.ft.

$321,000

Airbnb cash on cash: 8.75%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $4178

Traditional Rental Income: $2174

Airbnb ROI: 8.75%

Traditional ROI: 5.04%

101 Edgemont Road

Frankfort, KY

3 beds | 2 baths | 2,522 sq.ft.

$349,900

Airbnb cash on cash: 7.88%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $4178

Traditional Rental Income: $2258

Airbnb ROI: 7.88%

Traditional ROI: 4.73%

1310 Louisville Road

Frankfort, KY

2 beds | 1 baths | 832 sq.ft.

$135,000

Airbnb cash on cash: 5.6%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $1745

Traditional Rental Income: $1216

Airbnb ROI: 5.6%

Traditional ROI: 5.22%

317 Old Station Road

Frankfort, KY

3 beds | 2 baths | 1,830 sq.ft.

$392,135

Airbnb cash on cash: 6.81%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $4178

Traditional Rental Income: $2138

Airbnb ROI: 6.81%

Traditional ROI: 3.67%

104 Wisteria Lane

Frankfort, KY

3 beds | 2 baths | 1,637 sq.ft.

$335,000

Airbnb cash on cash: 8.31%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $4178

Traditional Rental Income: $1850

Airbnb ROI: 8.31%

Traditional ROI: 3.73%

305 Old Station Road

Frankfort, KY

3 beds | 2 baths | 1,770 sq.ft.

$355,181

Airbnb cash on cash: 7.7%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $4178

Traditional Rental Income: $2039

Airbnb ROI: 7.7%