Franklin County, KY Residential Income Properties for Sale

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23 properties

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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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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

144-146 Montgomery Avenue, Frankfort, KY 40601

$230,000

1,759 sqft 0.28 AC lot

Two residential units offer matching two-bedroom, one-bath layouts with central air and electric heating.

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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 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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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

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 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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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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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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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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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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Brick Duplex

501-503 Williamsburg Road, Frankfort, KY 40601

$259,000

1,989 sqft 0.27 AC lot

Two matching units offer bedroom-and-bathroom layouts, a carport, and public water and sewer service.

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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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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 Near Downtown Frankfort

144-146 Montgomery Ave, Frankfort, KY 40601

$230,000

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 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

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

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

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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Two-Unit Duplex with Private Balconies

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

$280,000

2,240 sqft

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

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Corner-Lot Duplex

501-503 Williamsburg Rd, Frankfort, KY 40601

$259,000

1,989 sqft

Two-unit property with matching two-bedroom, one-bath layouts and an existing rental occupant.

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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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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Franklin County, KY, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

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.

Land

Frankfort, KY 40601

Estimated value:

No data

158.34 AC lot

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Franklin County, KY Residential Income Properties Market Trends and Statistics

Explore 25 residential income properties for sale in Franklin County, KY, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 121,480 square feet of properties for sale, with an estimated market value of $10,307,295.

Sale prices for residential income properties in Franklin County, KY start at $199,995, averaging $468,513, 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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