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    Frankfort, KY
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    Frankfort, KY Residential Income Properties for Sale

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    Retail Building with Drive-Through
    Updated: Jul 15
    Retail Building with Drive-Through

    630 Versailles Road, Frankfort, KY 40601

    $599,995
    3,193 sqft 0.35 AC lot
    Commercial property on a busy Frankfort highway with an estimated daily traffic count of 12,000–15,000 vehicles
    Drive‑through window plus ample on‑site parking for customers and employees
    Upper half‑story includes a 2‑bedroom, 1‑bath apartment for rental income or on‑site management
    Recent upgrades: new LVP flooring, new carpet, electrical updates, and fresh paint (with some finishing touches remaining)
    Metal roof, vinyl siding, natural gas heating, electric cooling, and public sewer
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    Renovated Residential Income Property
    Updated: Jul 10
    Renovated Residential Income Property

    710 Woodland Avenue, Frankfort, KY 40601

    $594,300
    3,299 sqft 0.16 AC lot
    Currently operated as a short‑term rental (STR) stone Tudor cottage just off US 60 in South Frankfort
    Fully renovated with new HVAC, plumbing, electrical, roof, gutters, and siding
    HVAC updates include new gas furnace and A/C for the basement and 1st floor
    Second‑floor HVAC features new heat pumps; cooling includes zoned and electric heat pump systems
    Cooling/heating systems include zoned heating and multi‑unit configuration; off‑street parking included
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    Income Duplex with Commercial Land
    Income Duplex with Commercial Land

    607 Louisville Road, Frankfort, KY 40601

    $290,000
    1,780 sqft 1.81 AC lot

    An income-producing duplex on planned commercial land with frontage and visibility along Louisville Road (US-60).

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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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    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    514 Wapping Street, Frankfort, KY 40601

    $479,000
    4,984 sqft 0.32 AC lot

    Historic four-unit property with multiple outdoor spaces, off-street parking, and large windows capturing downtown and river views.

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    Live-Work Commercial Shop Property
    Live-Work Commercial Shop Property

    2590 Bald Knob Road, Frankfort, KY 40601

    $375,000
    1,296 sqft 1.52 AC lot

    Live-work property with a 2-bedroom residence and a detached 6-bay garage/shop on General Commercial-zoned land.

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    Four-Unit Multifamily with Oversized Living
    Four-Unit Multifamily with Oversized Living

    201-203 W Campbell Street, Frankfort, KY 40601

    $399,999
    3,400 sqft 0.18 AC lot

    Four-unit multifamily with large 1-bedroom/1-bath units and current monthly rents totaling $3,425.

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    South Frankfort Duplex Investment
    South Frankfort Duplex Investment

    208 - 210 Logan, Frankfort, KY 40601

    $285,000
    2,396 sqft 0.04 AC lot

    Two 2BR/1BA units with hardwood floors and fireplaces, each with a full basement and garage-door access.

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    Duplex for Owner-Occupant Use
    Duplex for Owner-Occupant Use

    201 HAWTHORNE Drive, Frankfort, KY 40601

    $275,000
    1,570 sqft 0.20 AC lot

    Duplex offering flexibility to live in one side and rent the other, with a roof approximately seven years old.

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    Capital-Zoned Duplex with Two Units
    Capital-Zoned Duplex with Two Units

    411 Logan Street, Frankfort, KY 40601

    $164,900
    2,285 sqft 0.07 AC lot

    Two 2-bedroom, 1-bath units with a dedicated laundry area, plus new roof, offered as-is in South Frankfort.

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    Two-Bedroom Duplex
    Two-Bedroom Duplex

    413 Logan Street, Frankfort, KY 40601

    $164,900
    2,082 sqft 0.20 AC lot

    Special Capital-zoned duplex with two 2-bedroom units and in-kitchen laundry areas, offered as-is for owner-occupants or investors.

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    Two-Unit Duplex with Vacant Lot
    Two-Unit Duplex with Vacant Lot

    413-415 Hudson Street, Frankfort, KY 40601

    $106,000

    Duplex with two 2-bed, 1-bath units sold as-is, plus an additional vacant lot for parking or expansion options.

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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.

    Leased Townhome Portfolio
    Leased Townhome Portfolio

    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, offering a turnkey income stream.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    236-238 Brookside Drive, Georgetown, KY 40324

    $410,000
    2,945 sqft 0.34 AC lot

    Two-story duplex in Georgetown with a one-car attached garage and off-street driveway parking.

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    Versailles Duplex: Investor Opportunity
    Versailles Duplex: Investor Opportunity

    228 Blackhawk Circle, Versailles, KY 40383

    $275,000
    1,872 sqft 0.23 AC lot

    Well-kept duplex in Versailles with strong rental appeal.

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    Riverfront Buildable Land with Garage
    Riverfront Buildable Land with Garage

    315 Lower Clifton Road, Versailles, KY 40383

    $99,000
    0.53 AC lot

    Buildable riverfront lot with usable garage space and on-site storage options, though the property sits in a flood plain.

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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
    Land with Kentucky River Views

    954 Wilkinson, Frankfort, KY 40601

    $550,000
    3.75 AC lot

    3.75 acres in Opportunity Zone near Buffalo Trace Distillery.

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    Frankfort Land with Interstate Visibility
    Frankfort Land with Interstate Visibility

    190 Democrat Drive, Frankfort, KY 40601

    $685,000
    5.10 AC lot

    5.1 acres of land with high visibility and redevelopment potential.

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    Governors Landing Building Lot
    Governors Landing Building Lot

    109 Metcalf Drive, Frankfort, KY 40601

    $55,000
    0.22 AC lot

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

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    Development Land in Duckers Village
    Development Land in Duckers Village

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

    $259,900
    9.13 AC lot

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

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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

    Frankfort, KY 40601

    Value Estimation by Request
    158.34 AC lot
    View details
    6225 Louisville Rd
    MOBILE HOME PARK, TRAILER PARK

    6225 Louisville Rd, Frankfort, KY 40601-9155

    Value Estimation by Request
    13.31 AC lot
    View details

    Frankfort, KY Residential Income Properties Market Trends and Statistics

    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 39,623 square feet of properties for sale, with an estimated market value of $3,734,094.

    Sale prices for residential income properties in Frankfort, KY start at $106,000, averaging $339,463, and reaching up to $599,995 — 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
    Duplexes 6
    Quadplexes 2
    Single family properties 2
    Apartment buildings 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 $507.7K

    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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