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    Franklin County, KY Multifamily Properties for Sale

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    27 properties
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    Historic Short-Term Rental Property
    Updated: Jun 22
    Historic Short-Term Rental Property

    315 W 3rd Street, Frankfort, KY 40601

    $1,073,000
    5,824 sqft 0.29 AC lot
    Two separate residences: a 5‑bedroom main home and a 3‑bedroom guest house
    Guest house is furnished, has a new roof, and is currently listed as an Airbnb
    Main residence includes 6 fireplaces, original hardwood floors, and a wraparound front porch
    Updated kitchens feature granite countertops and stainless steel appliances
    Connected two‑car garage with exterior access only
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    Renovated Stone Tudor Short-Term Rental
    Updated: Jul 10
    Renovated Stone Tudor Short-Term Rental

    710 Woodland Avenue, Frankfort, KY 40601

    $594,300
    3,299 sqft 0.16 AC lot
    3,299‑square‑foot stone Tudor cottage
    0.1606‑acre lot in South Frankfort
    Fully renovated with new roof, gutters, siding, plumbing, electrical, and HVAC
    Zoned heating and cooling with natural gas and heat pump systems
    Off‑street parking included
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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    27 Harmony Landing Court, Frankfort, KY 40601

    $280,000
    2,240 sqft 0.30 AC lot

    Two-story units include eat-in kitchens, living rooms, and private balconies.

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    Two-Residence Short-Term Rental Property
    Two-Residence Short-Term Rental Property

    315 W 3rd St, Frankfort, KY 40601

    $1,073,000
    5,824 sqft

    Historic property with separate guest accommodations, updated kitchens, private garage parking, and an existing Airbnb setup.

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    Mobile Home Park with On-Site Garage
    Mobile Home Park with On-Site Garage

    9210 Owenton Road, Frankfort, KY 40601

    $749,900
    1,156 sqft 10.00 AC lot

    RM-zoned mobile home park with 14 pads and utilities in place, plus a 34x34 garage for on-site support.

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    Two-Unit Duplex
    Two-Unit Duplex

    144-146 Montgomery Avenue, Frankfort, KY 40601

    $250,000
    1,759 sqft 0.28 AC lot

    Income-producing duplex with one occupied residence and one vacant unit available for showings.

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    Four-Unit Multifamily Investment
    Four-Unit Multifamily Investment

    514 Wapping Street, Frankfort, KY 40601

    $479,000
    4,984 sqft 0.32 AC lot

    Fully leased four-unit property with recent exterior and system upgrades, off-street parking, and Kentucky River views from each unit.

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    Renovated Bed & Breakfast
    Renovated Bed & Breakfast

    511-513 Capital Ave, Frankfort, KY 40601

    $878,000
    4,255 sqft

    Host-occupied lodging property with multiple entrances, private suites, kitchens, and off-street parking.

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    Income-Producing Duplex
    Income-Producing Duplex

    607 Louisville Road, Frankfort, KY 40601

    $290,000
    1,780 sqft 1.81 AC lot

    Existing duplex with bedrooms, bathrooms, laundry space, and forced-air heating plus window and multi-unit cooling.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    201-203 W Campbell Street, Frankfort, KY 40601

    $359,900
    3,400 sqft 0.18 AC lot

    Four residential units feature one-bedroom layouts with oversized living areas and central air conditioning.

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    Renovated Tudor Short-Term Rental
    Renovated Tudor Short-Term Rental

    710 Woodland Ave, Frankfort, KY 40601

    $594,300
    3,299 sqft

    Stone cottage with updated building systems, off-street parking, and an established short-term rental operation near Frankfort attractions.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    304 Quachita Trail, Frankfort, KY 40601

    $359,500
    3,450 sqft 0.21 AC lot

    Fully occupied multifamily property with recent roof, gutter, and crawlspace improvements in Frankfort.

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    Duplex with Full Basements
    Duplex with Full Basements

    208 - 210 Logan, Frankfort, KY 40601

    $285,000
    2,396 sqft 0.04 AC lot

    Well-maintained duplex with separate utility responsibility, hardwood floors, fireplaces, and garage-accessible basement space.

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    Duplex Near Downtown Frankfort
    Duplex Near Downtown Frankfort

    144-146 Montgomery Ave, Frankfort, KY 40601

    $250,000
    1,759 sqft

    Two-unit residential property with one vacant unit and one month-to-month tenancy on a low-traffic dead-end street.

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    Duplex with Newer Roof
    Duplex with Newer Roof

    201 HAWTHORNE Drive, Frankfort, KY 40601

    $259,000
    1,570 sqft 0.20 AC lot

    Two-unit property with natural gas heating, central air, and a composition roof approximately seven years old.

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    Duplex on Planned Commercial Land
    Duplex on Planned Commercial Land

    607 Louisville Rd, Frankfort, KY 40601

    $290,000
    1,780 sqft

    Income-producing duplex with redevelopment context along a highly visible US-60 corridor in Frankfort.

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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    310 E 2nd St, Frankfort, KY 40601

    $199,995
    1,175 sqft

    Two residential units include updated interiors and in-unit laundry hookups.

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    4-Unit Quadplex with Recent Updates
    4-Unit Quadplex with Recent Updates

    304 Quachita Trl, Frankfort, KY 40601

    $359,500
    3,450 sqft

    Fully occupied multifamily property with refreshed exterior and crawlspace improvements near dining, parks, and Frankfort/Lexington Road.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    201-203 W Campbell St, Frankfort, KY 40601

    $359,900
    3,400 sqft

    Multifamily property near downtown Frankfort and the Kentucky State Capitol area.

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    Frankfort Multifamily Investment Opportunity
    Frankfort Multifamily Investment Opportunity

    1306 Chinook Trl, Frankfort, KY 40601

    Contact for pricing
    6,958 sqft

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

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    Two-Unit Duplex with Fireplaces
    Two-Unit Duplex with Fireplaces

    208 210 Logan, Frankfort, KY 40601

    $285,000
    2,396 sqft

    Each residence includes two bedrooms, one bathroom, hardwood flooring, and a fireplace.

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    All-Brick Duplex with Unfinished Basement
    All-Brick Duplex with Unfinished Basement

    417-419 W 4th St, Frankfort, KY 40601

    Contact for pricing
    2,400 sqft

    Two-story all-brick duplex with hardwood floors, four bedrooms, and an unfinished basement on a large lot.

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    Apartment Portfolio with Two 9-Unit Complexes
    Apartment Portfolio with Two 9-Unit Complexes

    506 STEELE ST, Frankfort, KY 40601

    Contact for pricing
    13,338 sqft

    Two 9-unit apartment complexes offer a mix of 1- and 2-bedroom units for residential income buyers.

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    Multifamily Property
    Multifamily Property

    720 Ridgeview Drive, Frankfort, KY 40601

    Contact for pricing
    47,520 sqft

    Existing multifamily asset with RH zoning and an established construction date.

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    Franklin County, KY Multifamily Properties Market Trends and Statistics

    Explore 28 multifamily properties for sale in Franklin County, KY, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 129,412 square feet of properties for sale, with an estimated market value of $9,269,295.

    Sale prices for multifamily properties in Franklin County, KY start at $199,995, averaging $463,464, and reaching up to $1,073,000 — 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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    Featured Franklin County Real Estate Agencies

    Realmo connects you with licensed Franklin County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Simpson and Associates
    1105 Louisville Road Frankfort, KY 40601
    Phone: 15023190108
    www.century21simpson.com

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