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    Frankfort, KY Multifamily Properties for Sale

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    Versailles, KY Lawrenceburg, KY Bagdad, KY
    11 results
    Income-Producing Mobile Home Park
    $799,000
    1,156 SF

    Income-Producing Mobile Home Park

    9210 Owenton Road, Frankfort, KY 40601

    Turnkey mobile home park with expansion potential on 10 acres.

    • Income‑producing mobile home park on 10 acres with RM zoning, offering immediate cash flow
    • Significant expansion potential with RM zoning allowing for an additional 15‑18 pads
    • Turnkey investment including all mobile homes and a 34' x 34' garage with water and electric
    • 10 of 12 occupied pads are actively rented, with 2 units being renovated for increased income
    • Existing infrastructure includes 200‑amp electric service to each pad and the garage
    Updated: Apr 26
    View details
    Frankfort Multifamily Property For Sale
    $420,000
    3,400 SF

    Frankfort Multifamily Property For Sale

    201-203 W Campbell Street, Frankfort, KY 40601

    Four-unit multifamily property near downtown Frankfort and the Kentucky State Capitol.

    • Strong current cash flow with upside potential.
    • Four units, each with a large 1 bedroom, 1 bathroom layout.
    • Oversized living rooms in each unit that could function as a second bedroom or flex space.
    • Conveniently located near downtown Frankfort and the Kentucky State Capitol area.
    • Current rents total $3,425 per month with room to increase rents toward market rates.
    Updated: May 20
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    Historic Frankfort Multifamily Investment Opportunity
    $489,000
    4,984 SF

    Historic Frankfort Multifamily Investment Opportunity

    Income-producing property with river views and conversion potential.

    514 Wapping Street, Frankfort, KY 40601
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    Frankfort, KY Fourplex Investment
    $374,000
    3,450 SF

    Frankfort, KY Fourplex Investment

    Fourplex investment property in Frankfort, KY with consistent rental income.

    304 Quachita Trail, Frankfort, KY 40601
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    Frankfort Duplex with Income Potential
    $164,900
    2,082 SF

    Frankfort Duplex with Income Potential

    South Frankfort duplex near Capitol with income and historic potential.

    413 Logan Street, Frankfort, KY 40601
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    Frankfort, KY Fourplex Investment
    $351,000
    3,602 SF

    Frankfort, KY Fourplex Investment

    Fourplex in Frankfort, KY, offering consistent rental income.

    202 Quachita Trail, Frankfort, KY 40601
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    Frankfort Duplex with Income Potential
    $164,900
    2,285 SF

    Frankfort Duplex with Income Potential

    South Frankfort duplex near Capitol with income and historic potential.

    411 Logan Street, Frankfort, KY 40601
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    Frankfort Fourplex: Income-Generating Property
    $369,000
    3,479 SF

    Frankfort Fourplex: Income-Generating Property

    Well-maintained, fully occupied fourplex in Frankfort, Kentucky, with updated interiors.

    1605 Steadmantown Lane, Frankfort, KY 40601
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    Frankfort Duplex with Adjoining Lot
    $240,000
    2,030 SF

    Frankfort Duplex with Adjoining Lot

    Duplex in historic district with remodeled unit and adjacent lot.

    312 Conway Street, Frankfort, KY 40601
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    Frankfort Duplex: Investment Opportunity
    $150,000
    1,500 SF

    Frankfort Duplex: Investment Opportunity

    Cash-flowing duplex in Frankfort, KY with long-term tenants.

    357 Wallace Drive, Frankfort, KY 40601
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    Frankfort Multifamily Investment Opportunity
    $769,900
    6,958 SF

    Frankfort Multifamily Investment Opportunity

    Income-producing multifamily property with eight units in Frankfort, Kentucky.

    1306 Chinook Trl, Frankfort, KY 40601
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 11 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Versailles Commercial Building with Apartments
    $600,000
    8,448 SF

    Versailles Commercial Building with Apartments

    Commercial building with daycare and apartments in downtown Versailles, KY.

    380 Amsden Avenue, Versailles, KY 40383
    View details
    Turn-Key Lexington Fourplex Investment
    $650,000
    3,585 SF

    Turn-Key Lexington Fourplex Investment

    Fully leased fourplex in Lexington's thriving Jefferson Corridor.

    509 W 3rd Street, Lexington, KY 40508
    View details
    Versailles Multifamily Investment Opportunity
    $990,000
    6,925 SF

    Versailles Multifamily Investment Opportunity

    Well-maintained 5-unit property near Bluegrass Parkway in Versailles, KY.

    502 Tecumseh Trail, Versailles, KY 40383
    View details
    Mobile Home Park Investment Opportunity
    $1,000,000
    0.88 Acres

    Mobile Home Park Investment Opportunity

    Stabilized 15-pad mobile home park in a growing Kentucky market.

    1406 Versailles Road, Lexington, KY 40504
    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.

    Prime Land Off US HWY
    $345,500
    2.27 Acres

    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342
    View details
    Versatile Property with Income Potential
    $225,000
    1.00 Acre

    Versatile Property with Income Potential

    Office building with income-generating mobile home lots in Frenchburg, KY.

    Highway 460, Frenchburg, KY 40322
    View details
    Land For Sale in McKee
    Contact for pricing
    1.60 Acres

    Land For Sale in McKee

    1.6 acre tract with utilities and road frontage.

    Mc Kee, KY 40447
    View details
    Land For Sale in McKee
    Contact for pricing
    1.68 Acres

    Land For Sale in McKee

    1.68 acre recreational land with utilities in McKee, Kentucky.

    Mc Kee, KY 40447
    View details

    Off-Market Properties in Frankfort, KY

    Consider similar Off-Market properties in Frankfort, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6225 Louisville Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 13.31 Acres
    Value Estimation by Request

    6225 Louisville Rd, Frankfort, KY 40601-9155

    View details

    Frankfort, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Frankfort, KY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 36,921 square feet of properties for sale, with an estimated market value of $4,546,700.

    Sale prices for multifamily properties in Frankfort, KY start at $150,000, averaging $378,891, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Quadplexes 6
    Duplexes 4
    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    40601 $390.2K

    Taxes & Financing

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

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