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    Frankfort, KY Residential Income Properties for Sale

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    Lawrenceburg, KY Midway, KY Bagdad, KY
    12 listings
    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
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    Four-Unit Multifamily Property
    $420,000
    3,400 SF
    Four-Unit Multifamily Property

    201-203 W Campbell Street, Frankfort, KY 40601

    Four 1BR/1BA units with oversized living rooms provide flexible layouts in a convenient Frankfort location.
    • 4‑unit multifamily property built in 1926
    • Each unit offers a large 1‑bedroom, 1‑bath layout with oversized living rooms
    • Central air cooling and electric heating
    • Current rents total $3,425 per month
    • Located near downtown Frankfort and the Kentucky State Capitol area
    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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    Historic Frankfort Commercial Building For Sale
    $325,000
    3,420 SF
    Historic Frankfort Commercial Building For Sale

    Two-story brick building in downtown Frankfort with income potential.

    225 W Main Street, 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 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, 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 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 Commercial Building with Potential
    $885,000
    9,000 SF
    Frankfort Commercial Building with Potential

    9000 sq ft building with conversion potential in Frankfort.

    101 St Clair, 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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    Apartment Portfolio with Two 9-Unit Complexes
    $1,019,000
    13,338 SF
    Apartment Portfolio with Two 9-Unit Complexes

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

    506 STEELE ST, 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

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 12 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    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

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    Duplex with Separate Loft Unit
    $525,000
    1,600 SF
    Duplex with Separate Loft Unit

    A Lexington duplex with a separate updated loft unit offers flexible rental arrangements near UK hospital and campus.

    1043 Crescent Avenue, Lexington, KY 40503

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    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

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    Versailles Duplex: Investor Opportunity
    $275,000
    1,872 SF
    Versailles Duplex: Investor Opportunity

    Well-kept duplex in Versailles with strong rental appeal.

    228 Blackhawk Circle, Versailles, KY 40383

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    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.

    Land with Kentucky River Views
    $550,000
    3.75 Acres
    Land with Kentucky River Views

    3.75 acres in Opportunity Zone near Buffalo Trace Distillery.

    954 Wilkinson, Frankfort, KY 40601

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    Governors Landing Building Lot
    $55,000
    0.22 Acres
    Governors Landing Building Lot

    Prime lot in new Governors Landing community to build dream home.

    109 Metcalf Drive, Frankfort, KY 40601

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    Frankfort Land with Interstate Visibility
    $685,000
    5.10 Acres
    Frankfort Land with Interstate Visibility

    5.1 acres of land with high visibility and redevelopment potential.

    190 Democrat Drive, Frankfort, KY 40601

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    Development Land in Duckers Village
    $259,900
    9.13 Acres
    Development Land in Duckers Village

    9.12+/- acres with 51 approved residential building lots.

    Tract Robert M Green Boulevard lot: 1, Frankfort, KY 40601

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    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.

    Frankfort, KY 40601
    Land
    Lot: 158.34 Acres
    Value Estimation by Request

    Frankfort, KY 40601

    View details
    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 Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Frankfort, KY, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 58,654 square feet of properties for sale, with an estimated market value of $6,280,700.

    Sale prices for residential income properties in Frankfort, KY start at $150,000, averaging $483,130, and reaching up to $1,019,000 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 10
    Quadplexes 5
    Duplexes 3
    Apartment buildings 2
    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 average listing prices of real estate assets

    Neighborhood Average Price
    40601 $423.2K

    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

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