Advertise
    Frankfort, KY
    Apartment Building

    Frankfort, KY Apartment Buildings for Sale

    Notify Me
    List
    Map
    Midway, KY Versailles, KY Lawrenceburg, KY Bagdad, KY Georgetown, KY Waddy, KY Stamping Ground, KY Marion, KY
    Frankfort Multifamily Investment Opportunity
    Updated: Mar 13
    Frankfort Multifamily Investment Opportunity

    1306 Chinook Trl, Frankfort, KY 40601

    Contact for pricing
    6,958 sqft
    Income‑producing multifamily property with eight total units.
    Each unit features 2 bedrooms and 1 full bathroom.
    Conveniently located in Frankfort.
    Dedicated parking lot for residents.
    Functional layout designed for everyday living in each unit.
    View details
    Apartment Portfolio with Two 9-Unit Complexes
    Updated: May 27
    Apartment Portfolio with Two 9-Unit Complexes

    506 STEELE ST, Frankfort, KY 40601

    Contact for pricing
    13,338 sqft
    Frankfort portfolio includes 2 separate apartment complexes
    Each complex has 9 units, totaling 18 apartment units
    Unit mix includes (5) 2‑bedroom units and (4) 1‑bedroom units in each complex
    Year built: 1940
    View details
    LIHTC Senior Apartment Community
    LIHTC Senior Apartment Community

    871 Cardwell Ln, Frankfort, KY 40601

    Contact for pricing

    A 62+ LIHTC restricted apartment community with low turnover and ongoing unit updates, including carpet replacements.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Seven-Townhome Apartment Community
    Seven-Townhome Apartment Community

    100 Old Lemons Mill Court, Georgetown, KY 40324

    $1,700,000
    1,152 sqft 0.83 AC lot

    Seven fully leased, newly updated townhomes with 3 bedrooms and 1.5 baths each on a quiet cul-de-sac lot.

    View details
    Renovated Fourplex Income Property
    Renovated Fourplex Income Property

    1041-1043 Cross Keys Road, Lexington, KY 40504

    $799,000
    7,056 sqft 0.59 AC lot

    Two fully renovated four-plex buildings sold together, offering eight long-term occupied units with central HVAC.

    View details
    Apartment Building with 11 Rented Units
    Apartment Building with 11 Rented Units

    287 Young Street, Georgetown, KY 40324

    $1,500,000
    1,000 sqft 0.54 AC lot

    Apartment building built in 2012 featuring 11 rented units, electric cooling, and a vacant lot for possible expansion.

    View details
    Renovated Multifamily Apartment Community
    Renovated Multifamily Apartment Community

    2111 Lansill Rd, Lexington, KY 40504

    Contact for pricing

    Multifamily community with 99 units offering one-, two-, and three-bedroom floor plans and multiple renovated unit and common-area improvements.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Frankfort, KY Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Frankfort, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,296 square feet of properties for sale.

    List
    Map

    Demographics Overview

    Population 52K
    Population Growth (5Y) +1.1%
    Median Household Income $67,125
    College Educated 5.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $43.09 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Franklin County

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Frankfort, KY

    Popular Categories

    Most Searched ZIP Codes in Frankfort, KY

    • 40601

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!