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Frankfort, KY Multifamily Homes & Duplexes for Sale

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  • /89

    $400,000

    • 4 Beds
    • 4 Baths

    244 & 248 Manley Leestown Rd, Frankfort, KY 40601

    Discover a rare opportunity with this unique property featuring two well-maintained homes on a scenic 1.04-acre lot just minutes from town. Each home offers 2 spacious bedrooms and 2 full bathrooms, a full kitchen, dining area, and comfortable living space—perfectly set up for flexible living arrangements. Enjoy peaceful mornings or relaxing evenings on the private decks overlooking beautiful

    Cindy Crutcher Exit Realty Crutcher

    244 & 248 Manley Leestown Rd, Frankfort, KY 40601
  • /3

    $169,000

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft

    101-103 Swigert Ave, Frankfort, KY 40601

    Remodeled and fully leased duplex offering two 1-bedroom, 1-bathroom units. Each unit features updated interiors and access to a shared, covered front porch. A strong investment opportunity with stable rental income already in place.

    Bradford Queen Bluegrass Sotheby's International Realty

    101-103 Swigert Ave, Frankfort, KY 40601
  • /40

    $299,900

    • 5 Beds
    • 2.5 Baths
    • 2,030 Sq Ft

    312 Conway St, Frankfort, KY 40601

    Here's your chance to own a piece of property in the historic district of Frankfort, not only will you be purchasing a duplex but the adjoining, deeded separately, lot next door. Upstairs duplex just recently, completely remodeled. Just a few cosmetic completions and ready to move into. Downstairs needs TLC. The separate lot, adjacent to this duplex is 36X100. Tenant pays own utilities. Sold

    Sandy Moore CENTURY 21 Simpson & Associates

    312 Conway St, Frankfort, KY 40601
  • /4

    $370,000

    • 12 Beds
    • 6 Baths

    814 Holmes St, Frankfort, KY 40601

    Calling all investors! Here is a great opportunity to add to your rental portfolio. Four properties are included in this sale. Two single family homes and two duplexes. Add six doors without breaking the bank. Properties being sold AS-IS. Inspections are welcome.814 Holmes St. 818/820 Holmes St. 313 Holmes St. 818 1st Ave.

    Brad Harmon Lifstyl Real Estate

    814 Holmes St, Frankfort, KY 40601
  • /6

    $389,900

    • 8 Beds
    • 4 Baths
    • 3,500 Sq Ft

    258 Meadowview Dr, Frankfort, KY 40601

    This unit has been worked on since this owner purchased it. New HVAC, some windows, water heaters, tiled showers, flooring, and paint! This is waiting for its new owner!

    KRISTY GOOCH RE/MAX Elite Realty

    258 Meadowview Dr, Frankfort, KY 40601
  • /7

    $389,900

    • 8 Beds
    • 4 Baths
    • 3,500 Sq Ft

    256 Meadowview Dr, Frankfort, KY 40601

    These units have had most of the expensive repairs done and are ready for new owners! Windows, HVAC, Tiled Showers, and new flooring, paint and cabinets. Take a peek, you want to see these!

    KRISTY GOOCH RE/MAX Elite Realty

    256 Meadowview Dr, Frankfort, KY 40601
  • /28

    $220,000

    210 Briar Cliff St, Frankfort, KY 40601

    Duplex. All brick. Great shape with basement. 1 bedroom and 1 bathroom per side. Looks directly at the governor's mansion. Exceptional location on quiet scenic street in downtown Frankfort. Currently fully leased with long term tenants. Great shape and repair. tenants pay all utilities. Real estate agent owned.

    Taylor Marshall Marshall Lane Real Estate

    210 Briar Cliff St, Frankfort, KY 40601

Why Live in Frankfort

Frankfort, KY, the state capital, embodies the essence of "Kentucky Distilled" with its rich history and notable landmarks such as the state capitol building and the governor's mansion, both listed on the National Register of Historic Places. With a population of just under 30,000, Frankfort maintains a small-town feel, characterized by minimal traffic and a close-knit community. The city is home to the renowned Buffalo Trace Distillery, attracting thousands of visitors as part of the Bourbon Trail. Downtown Frankfort features vintage storefronts, used bookstores, and trendy brewpubs, and comes alive during summer concerts and Bourbon Week. However, shopping and dining options outside the downtown area are limited. The upcoming Paddocks of Frankfort, a $150 million mixed-use development, aims to enhance local amenities. Frankfort offers numerous things to do, including hiking and biking on extensive trails within preserved parklands, paddle boating on the Kentucky River, and visiting the Juniper Hill Aquatic Center. Riverview Park is a popular spot with waterside views and a summer farmers market. The Frankfort Independent School District, serving the city center, is highly rated, providing small class sizes. Kentucky State University offers dual enrollment courses for high schoolers. Frankfort is conveniently connected to Lexington, 25 miles away, and Louisville, 55 miles away, via major highways. Housing in Frankfort is more affordable than in nearby Lexington and Louisville, with a mix of mid-century homes, colorful Victorians, and some modern constructions on the outskirts.

Home Trends in Frankfort, KY

Housing Trends

Median Sale Price
$318,900
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$201,000
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
17
Last 12 months Home Sales
106
Months of Supply
1.90
Median List Price
$325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%
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