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    Franklin County, KY Residential Income Properties for Sale

    12 results
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    Historic Frankfort Multifamily Investment Opportunity
    $497,000
    4,984 SF

    Historic Frankfort Multifamily Investment Opportunity

    514 Wapping St, Frankfort, KY 40601

    Income-producing property with river views and conversion potential.

    • Income‑producing property with four existing units
    • Stunning river and downtown views from every level
    • Potential to convert the third floor into a fifth unit
    • Private driveway for off‑street parking
    • Spacious rear deck overlooking Liberty Hall Gardens
    Updated: Mar 20
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    Remodeled Duplex in Frankfort, KY
    $349,500
    3,108 SF

    Remodeled Duplex in Frankfort, KY

    779 Ridgeview Dr, Frankfort, KY 40601

    Rehabbed duplex with strong rental potential in northeast Frankfort.

    • Achieves the 'magic' 1% gross rent ($3500/month potential), highly desirable for investors
    • Unit B completely remodeled 'down to the studs' with new flooring, kitchen, fixtures, and paint; ready for immediate rental income
    • Exterior completely updated in 2023 with new roof, windows, siding, gutters, and downspouts, minimizing future maintenance costs
    • New HVAC system installed in Unit B in 2025
    • Both units are 3 BR, 2 Bath, 1 1/2 story townhouses with private driveways and shared fenced yard with patios
    Updated: Mar 21
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    Historic Mixed-Use Property, Frankfort, KY
    $230,000
    2,856 SF

    Historic Mixed-Use Property, Frankfort, KY

    Historic mixed-use property in downtown Frankfort, ideal for living or investment.

    501 W Broadway St, Frankfort, KY 40601
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    Frankfort Duplex with Income Potential
    $195,000
    2,082 SF

    Frankfort Duplex with Income Potential

    South Frankfort duplex near Capitol with income and historic potential.

    413 Logan St, 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 separately deeded lot.

    312 Conway St, Frankfort, KY 40601
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    Frankfort Duplex with Income Potential
    $185,000
    2,285 SF

    Frankfort Duplex with Income Potential

    South Frankfort duplex near Capitol with historic zoning and income.

    411 Logan St, Frankfort, KY 40601
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    Turnkey Duplex Investment Opportunity
    $175,000
    1,800 SF

    Turnkey Duplex Investment Opportunity

    Renovated duplex in Frankfort with income potential.

    309 Virginia Ave, 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, Frankfort, KY 40601
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    Frankfort Multifamily Investment Opportunity
    $325,000

    Frankfort Multifamily Investment Opportunity

    Four properties, six units, ideal for rental portfolio expansion.

    814 Holmes St, Frankfort, KY 40601
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    Frankfort Duplex on Corner Lot
    $319,900
    2,140 SF

    Frankfort Duplex on Corner Lot

    Well-maintained duplex with two units, ideal for investment or living.

    15 15B, Frankfort, KY 40601
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    Frankfort Duplex: Investment Opportunity
    $255,000
    1,995 SF

    Frankfort Duplex: Investment Opportunity

    Duplex in Ridgeview, ideal for investors or owner-occupants.

    790 Ridgeview Dr, Frankfort, KY 40601
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    Cash-Flowing Duplex in Frankfort, KY
    $160,000
    1,500 SF

    Cash-Flowing Duplex in Frankfort, KY

    Income-generating duplex with long-term leases and separate utilities.

    357 Wallace Dr, Frankfort, KY 40601
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Franklin County, KY, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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 St, 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 Dr, Frankfort, KY 40601
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    Versatile Land with Development Potential
    $44,900
    3.60 Acres

    Versatile Land with Development Potential

    3.6-acre parcel in Frankfort, KY with road frontage.

    151 Loop 1, Frankfort, KY 40601
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    16.4 Acres in Frankfort, KY
    $130,000
    16.40 Acres

    16.4 Acres in Frankfort, KY

    16.4 acres of wooded land near Stamping Ground.

    373 Union Ridge Rd, Frankfort, KY 40601
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    Explore Off-Market Properties in Franklin County, KY

    Consider similar Off-Market properties in Franklin County, 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

    Frankfort, KY 40601

    Land • 158.34 Acres
    Value Estimation by Request
    Frankfort, KY 40601
    View details
    6225 Louisville Rd

    6225 Louisville Rd

    MOBILE HOME PARK, TRAILER PARK • 13.31 Acres
    Value Estimation by Request
    6225 Louisville Rd, Frankfort, KY 40601-9155
    View details

    Franklin County, KY Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Franklin County, KY, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 645,757,615 square feet of properties for sale, with an estimated market value of $3,111,500.

    Sale prices for residential income properties in Franklin County, KY start at $185,000, averaging $345,722, and reaching up to $885,000 — 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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