Short Term Rental

Frankfort, KY Short Term Rental Properties for Sale

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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-Residence Short-Term Rental Property
Updated: Jun 4
Two-Residence Short-Term Rental Property

315 W 3rd St, Frankfort, KY 40601

$1,073,000
5,824 sqft
Two separate residences at 315 W 3rd St in historic South Frankfort
Main residence offers 4,224 square feet, 5 bedrooms, and 3.5 bathrooms
Guest house contains 1,600 square feet with 3 bedrooms and 1.5 bathrooms
Six fireplaces in the main home, including 2 gas fireplaces
Guest house is fully furnished and currently listed as an Airbnb
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2 active listings match your search: Short Term Rental for sale in Frankfort, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Mixed-Use Property
Renovated Mixed-Use Property

113, 115, 117 S Main St, Lawrenceburg, KY 40342

$899,900
1,470 sqft

Three studio rentals, a restaurant, and tourism office occupy a downtown Lawrenceburg commercial property.

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Renovated Triplex
Renovated Triplex

116 S 5th St, Danville, KY 40422

$345,000
1,718 sqft

Updated configuration includes an owner-occupant option, furnished rental space, and rear off-street parking.

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Renovated Mixed-Use Downtown Property
Renovated Mixed-Use Downtown Property

117 South Main Street, Lawrenceburg, KY 40342

Contact for pricing
7,232 sqft

Three studio rentals complement restaurant and office uses across a renovated downtown property.

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Renovated Historic Short-Term Rental
Renovated Historic Short-Term Rental

202 East Walnut Street, Danville, KY 40422

Contact for pricing
1,230 sqft

Renovated two-story log cabin with residential and commercial zoning, plus an additional lot conveying with the property.

View details

Frankfort, KY Short Term Rental Properties Market Trends and Statistics

Explore 2 short term rental properties for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 11,648 square feet of properties for sale, with an estimated market value of $2,146,000.

Sale prices for short term rental properties in Frankfort, KY average $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 21
Quadplexes 7
Short term rental 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 $840.3K

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)

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