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    Franklin County, KY Residential Income Properties for Sale

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    Found 29 residential income property listings for sale in Franklin County, KY, averaging $117/sq ft. Use valuation data to compare deals faster.
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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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    Two-Unit Historic Duplex
    Updated: Oct 2
    Two-Unit Historic Duplex

    828 Shelby Street, Frankfort, KY 40601

    $349,900
    2,678 sqft 0.30 AC lot
    2,678 square feet in a two‑unit duplex
    Unit mix: 3 bedrooms and 1 full bath; 2 bedrooms and 1 full bath
    0.298‑acre lot
    R zoning
    Natural gas heating and electric cooling
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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

    Two-bedroom, one-bathroom layouts in each unit provide a consistent residential configuration.

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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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    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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    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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    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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    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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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    607 Louisville Road, Frankfort, KY 40601

    $290,000
    1,780 sqft 1.81 AC lot

    The existing residence includes two bathrooms and a laundry room.

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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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    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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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    201-203 W Campbell Street, Frankfort, KY 40601

    $349,900
    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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    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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    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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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    10-12 American Way, Frankfort, KY 40601

    $265,000
    3,468 sqft 0.22 AC lot

    Both residences are leased, and tenants pay their own utility costs.

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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    10-12 American Way, Frankfort, KY 40601

    $265,000
    3,468 sqft

    Both residences are occupied, and tenants pay their own utility costs.

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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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    Duplex with Garage
    Duplex with Garage

    524-526 Shenandoah Drive, Frankfort, KY 40601

    $320,000
    3,070 sqft

    Two three-bedroom residences each include a patio and separate storage space.

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    Duplex with Newer Roof
    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 with Updated Unit
    Duplex with Updated Unit

    748-750 Hillcrest Ave, Frankfort, KY 40601

    $180,000
    2,116 sqft

    Both residences are occupied, with one unit updated and roof shingles replaced in 2023.

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    4-Unit Quadplex with Recent Updates
    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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    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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    Duplex Near Downtown Frankfort
    Duplex Near Downtown Frankfort

    144-146 Montgomery Ave, Frankfort, KY 40601

    $220,000
    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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    Franklin County, KY Residential Income Properties Market Trends and Statistics

    Explore 31 residential income properties for sale in Franklin County, KY, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 95,046 square feet of properties for sale, with an estimated market value of $10,834,500.

    Sale prices for residential investment properties in Franklin County, KY start at $180,000, averaging $373,603, 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: (502) 319-0108
    www.century21simpson.com
    Marshall Lane Real Estate
    112 E Main St. Frankfort, KY
    Phone: (502) 682-6663
    Crumbaugh Real Estate Group
    103 E Main St Frankfort, KY
    Phone: (502) 875-5211
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