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    Franklin County, KY Multifamily Properties for Sale

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    35 properties
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    Two-Unit Short-Term Rental Property
    Updated: Jul 10
    Two-Unit Short-Term Rental Property

    511-513 Capital Avenue, Frankfort, KY 40601

    $860,400
    4,255 sqft 0.30 AC lot
    Two guesthouse units with separate entrances
    4,255 square feet on a 0.2964‑acre lot
    Each unit has 3 bedrooms, 2 full bathrooms, 1 half bathroom, a kitchen, living area, and dining area
    Shared patio, BBQ area, communal seating, and fire pit
    511 Capital Avenue conveys furnished and staged
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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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    Furnished Historic Short-Term Rental
    Furnished Historic Short-Term Rental

    710 Woodland Avenue, Frankfort, KY 40601

    $577,500
    3,299 sqft 0.16 AC lot

    Renovated limestone residence with flexible living space, guest accommodations, and furnishings included for immediate occupancy or rental use.

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    Renovated Bed & Breakfast
    Renovated Bed & Breakfast

    511-513 Capital Ave, Frankfort, KY 40601

    $860,400
    4,255 sqft

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

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    27 Harmony Landing Court, Frankfort, KY 40601

    $265,000
    2,240 sqft 0.30 AC lot

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

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    Three-Bedroom Duplex with Garages
    Three-Bedroom Duplex with Garages

    524-526 Shenandoah Drive, Frankfort, KY 40601

    $320,000
    3,070 sqft 0.26 AC lot

    Two separate residences provide patios, individual storage, and owner-occupant or rental use.

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    Two-Unit Historic Duplex
    Two-Unit Historic Duplex

    828 Shelby Street, Frankfort, KY 40601

    $349,900
    2,678 sqft 0.30 AC lot

    Two separate residences offer a 3-bedroom layout and a 2-bedroom layout, each with one full bathroom.

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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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    Duplex with Detached Garage
    Duplex with Detached Garage

    828 Shelby Street, Frankfort, KY 40601

    $349,900
    2,678 sqft 0.30 AC lot

    The two residences have distinct two- and three-bedroom layouts, with one bathroom in each unit.

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    Mobile Home Park with Expansion Land
    Mobile Home Park with Expansion Land

    9210 Owenton Road, Frankfort, KY 40601

    $749,900
    1,156 sqft 10.00 AC lot

    RM-zoned property includes established pads, rental homes, and room for additional development.

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

    506 Steele St, Frankfort, KY 40601

    $860,000
    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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    Fully Leased Duplex
    Fully Leased Duplex

    10-12 American Way, Frankfort, KY 40601

    $275,000
    3,468 sqft 0.22 AC lot

    Each residence has three bedrooms, plus lower-level family and laundry areas with access to rear parking.

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    Two-Unit Duplex
    Two-Unit Duplex

    144-146 Montgomery Avenue, Frankfort, KY 40601

    $220,000
    1,759 sqft 0.28 AC lot

    Both residences offer two bedrooms and one full bathroom, with central air conditioning and electric heat.

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    4-Unit Apartment Building
    4-Unit Apartment Building

    514 Wapping St, Frankfort, KY 40601

    $469,000
    4,984 sqft

    The four-apartment layout includes three two-bedroom units and one one-bedroom unit.

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    Duplex on Commercial Corridor
    Duplex on Commercial Corridor

    607 Louisville Road, Frankfort, KY 40601

    $290,000
    1,780 sqft 1.81 AC lot

    Income-producing duplex with commercial redevelopment context along Louisville Road and access to established Frankfort employment centers.

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    Updated Four-Unit Apartment Building
    Updated Four-Unit Apartment Building

    514 Wapping Street, Frankfort, KY 40601

    $469,000
    4,984 sqft 0.32 AC lot

    Fully leased property with recent roof, electrical, and water-heater improvements.

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

    710 Woodland Ave, Frankfort, KY 40601

    $577,500
    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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    Stone Duplex with Patios
    Stone Duplex with Patios

    528-530 Shenandoah Drive, Frankfort, KY 40601

    $279,500
    2,056 sqft 14,810.00 AC lot

    Each residence offers three bedrooms, two bathrooms, a private patio, and a storage unit.

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    Two-Unit Duplex with Private Balconies
    Two-Unit Duplex with Private Balconies

    27 Harmony Landing Ct Unit A & B, Frankfort, KY 40601

    $265,000
    2,240 sqft

    Fully occupied duplex with updated mechanical systems and off-street tenant parking.

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    Updated Duplex
    Updated Duplex

    748-750 Hillcrest Avenue, Frankfort, KY 40601

    $180,000
    2,116 sqft 0.19 AC lot

    Two separate residences provide a two-bedroom, one-bath layout on each side.

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    828 Shelby St, Frankfort, KY 40601

    $349,900
    2,678 sqft

    The residences have different bedroom configurations, and one includes a full unfinished basement.

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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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    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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    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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    Franklin County, KY Multifamily Properties Market Trends and Statistics

    Explore 36 multifamily properties for sale in Franklin County, KY, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 159,297 square feet of properties for sale, with an estimated market value of $14,594,595.

    Sale prices for multifamily properties in Franklin County, KY start at $180,000, averaging $429,252, 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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