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Frankfort, KY Homes for Sale under $200,000

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  • /29

    $184,895

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft

    113 Hillway Ln, Frankfort, KY 40601

    Looking for an affordable home just minutes from Frankfort? This solid 3-bedroom, 1-bath home is the perfect opportunity for a first-time buyer or someone looking to build equity without breaking the bank. All major systems are in good working order, so you can move in with peace of mind. The home does need a few cosmetic updates like new carpet and light fixtures, which is why it's priced under

    Agent Photo

    Jason Crask

    THRIVE Realty

    (502) 325-3792

    113 Hillway Ln, Frankfort, KY 40601
  • /4

    $100,000

    • Land
    • 0.78 Acre
    • $128,205 per Acre

    625 Kentucky Ave, Frankfort, KY 40601

    This Listing is for 4 Lots 625 through 631 on Kentucky Ave. Discover the serene beauty and endless potential of this .78-acres riverfront lot located in the heart of Frankfort. Nestled along the scenic Kentucky River, this unique property at 625-631 Kentucky Ave offers a peaceful retreat with incredible views and direct water access. Whether you're envisioning a private getaway, a weekend

    Agent Photo

    Stephen Couch

    Legacy Home REALTORS

    (502) 535-2839

    625 Kentucky Ave, Frankfort, KY 40601
  • /13

    $127,000

    • 2 Beds
    • 1 Bath
    • 1,024 Sq Ft

    133 Wallace Ave, Frankfort, KY 40601

    Wonderful, well-kept home, located in downtown Frankfort. A two bedroom and one bathroom home located conveniently to all the amenities of downtown. Whether you're looking for your first home in a great school district or your next investment property, this home is ready for you!

    Darcy Gillock Marshall Lane Real Estate

    133 Wallace Ave, Frankfort, KY 40601
  • /21

    $160,000

    • 3 Beds
    • 1 Bath
    • 1,075 Sq Ft

    372 Holmes St, Frankfort, KY 40601

    Welcome to a charming, move-in ready home nestled on a friendly corner lot in the heart of Frankfort's 40601 zip code. This delightful residence welcomes you with bright curb appeal and a covered front porch-perfect for morning coffee or evening chats. Inside, you'll find approximately 1,075 sq ft of comfortable living space, offering 3 bedrooms and 1 full bath. The layout flows smoothly,

    Hunter Miller GSP Homes

    372 Holmes St, Frankfort, KY 40601
  • /23

    $159,900

    • 2 Beds
    • 1 Bath
    • 889 Sq Ft

    903 Grant St, Frankfort, KY 40601

    This 2 bedroom 1 bathroom home has been fully remodeled from the foundation up. Everything is new (roof, siding, HVAC, plumbing, electric, windows, drywall, insulation, flooring, kitchen, bathroom, deck...). All you have to do is move in!

    Edgar Saborit Tru Life Real Estate

    903 Grant St, Frankfort, KY 40601
  • /5

    $115,000

    • Land
    • 2.5 Acres
    • $46,000 per Acre

    191 Chicamauga Dr, Frankfort, KY 40601

    Build your dream home! This fabulous 2.5 acre building lot (half of current 5-acre lot) is located less than 5 miles from downtown Frankfort, surrounded by farmland, and offers stunning views. The property is very versatile, so the buyer will have many options for building/construction designs. Restrictions will require construction of at least a 2000 sq ft. conventional 'stick built' residence

    David Dean Bluegrass Realty & Investments

    191 Chicamauga Dr, Frankfort, KY 40601
  • /2

    $189,999

    • 3 Beds
    • 1 Bath
    • 1,329 Sq Ft

    245 Cherry Ln, Frankfort, KY 40601

    Charming 3-Bedroom Home with Bonus Room and Large Garage in a Convenient Location!Welcome to 245 Cherry Ln. in Frankfort, KY — a fantastic opportunity for first-time buyers, investors, or anyone seeking a peaceful setting just minutes from town conveniences. This well-maintained home features 3 bedrooms, 1 full bath, and a bonus room perfect for a home office, playroom, or guest

    Travis York Transactionbroker.com

    245 Cherry Ln, Frankfort, KY 40601
  • /45

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,748 Sq Ft

    13955 Swallowfield Rd, Frankfort, KY 40601

    Discover the charm of this beautifully maintained country home! This spacious one-and-a-half-story residence offers comfort and convenience with an attached garage, a fully fenced yard, and an updated roof. Step inside to find expansive, open-concept living areas filled with natural light and ample storage throughout. Cozy up by the inviting gas fireplace or enjoy the oversized laundry/mudroom,

    Brittany Clark ERA Select Real Estate

    13955 Swallowfield Rd, Frankfort, KY 40601
  • /24

    $140,000

    • 2 Beds
    • 1.5 Baths
    • 800 Sq Ft

    333 E 4th St Unit C7, Frankfort, KY 40601

    Welcome to 333 East 4th St. in the heart of Frankfort. This warm inviting condo features a ground floor entry and many upgrades to the interior and exterior. The following work has been added since 2020. New flat roof, new decks and stairways, new shingles, and new vinyl soffits. This condo is clean and very well cared for. Schedule a showing today and this could be your next home or addition to

    Brett Hartman Exit Realty Crutcher

    333 E 4th St Unit C7, Frankfort, KY 40601
  • /11

    $110,000

    • Land
    • 1.34 Acres
    • $82,090 per Acre

    825-835 Glenns Creek Rd, Frankfort, KY 40601

    Two residential building lots with direct views of the Capitol, Governor's Mansion and downtown Frankfort. Located close to downtown, shopping and restaurants. Each lot has water and sewer hookups in place. Pick out your building plans and let's get started.

    Brent Simpson CENTURY 21 Simpson & Associates

    825-835 Glenns Creek Rd, Frankfort, KY 40601
  • /23

    $169,000

    • 3 Beds
    • 1 Bath
    • 1,436 Sq Ft

    117 Langford Ave, Frankfort, KY 40601

    Monica Dunlap Totally About Houses

    117 Langford Ave, Frankfort, KY 40601
  • /20

    $120,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    219 Holmes St, Frankfort, KY 40601

    Charming Income-Producing Home in the Heart of Downtown Frankfort! This cozy, fully rented residence is a fantastic investment opportunity, ideally located in the vibrant downtown area of Frankfort, KY. The home features a warm blend of wood and vinyl flooring, a spacious and functional kitchen with generous counter space—perfect for everyday living or entertaining. A separate laundry room with

    Debbie Adams Home Forward

    219 Holmes St, Frankfort, KY 40601
  • /19

    $125,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    333 E 4th St Unit B6, Frankfort, KY 40601

    Downtown Frankfort living at its best. Located near the Capitol, this centrally positioned 2-bedroom, 1-bath condo is ideal for a first-time buyer, savvy investor, or anyone needing a convenient home base in the city. Units B6 and B10 are both being offered and may be purchased together or separately, providing added flexibility for owner-occupants or investors alike. Whether you're working in

    Kevin Culp Real Broker LLC

    333 E 4th St Unit B6, Frankfort, KY 40601
  • /25

    $194,900

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    234 Grandview Dr, Frankfort, KY 40601

    This conveniently located, move-in ready ranch features numerous updates, including brand new roof shingles, modern flooring, new kitchen and bath cabinetry and stainless-steel appliances. Enjoy a specious and private backyard with mature trees, a large deck perfect for entertaining or relaxing, and a generously sized storage shed. The full-size unfinished basement offers incredible potential for

    Larisa Musiyaka Christies International Real Estate Bluegrass

    234 Grandview Dr, Frankfort, KY 40601
  • /20

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,937 Sq Ft

    111 Valley View Dr, Frankfort, KY 40601

    Move in ready nice corner lot., with a detached two car garage. One and half story with partially finished walk-out basement. Hardwood flooring, new inside paint, new range, refrigerator and hot water heater. Three bedrooms, two baths, large family room, open kitchen dining area. Bonus room. Living room. replacement windows.

    Bonnie Fint CENTURY 21 Simpson & Associates

    111 Valley View Dr, Frankfort, KY 40601
  • /12

    $179,900

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft

    311 E 2nd St, Frankfort, KY 40601

    311 E. Second St., Frankfort, KY Located in the heart of downtown Frankfort, this completely renovated home offers the perfect blend of historic charm and modern updates. Just minutes from the State Capitol, downtown restaurants, shopping, and local attractions, this property is ideal for a homeowner or an investor looking for a turnkey opportunity. Every detail has been thoughtfully updated,

    Nathan Dailey RO&CO Real Estate

    311 E 2nd St, Frankfort, KY 40601
  • /11

    $159,900

    • 2 Beds
    • 1 Bath
    • 1,109 Sq Ft

    255 Mckenzie Ave, Frankfort, KY 40601

    This adorable 2 bedroom 1 bathroom home is located on a quiet street close to town and is an excellent choice for first time buyers or those looking to downsize. It has a large flat yard that is fenced and perfect for pets, playing or your dream garden. This cozy home offers a comfortable layout and endless potential to make it your own. Conveniently located near shopping, dining, and schools!

    Travis Lockhart Lockhart Realty Group, LLC

    255 Mckenzie Ave, Frankfort, KY 40601
  • /6

    $165,000

    • Land
    • 10 Acres
    • $16,500 per Acre

    10 Acres Devils Hollow Rd, Frankfort, KY 40601

    Build your dream home on 10 beautiful acres. Have a homestead but be minutes to town! Less than a mile to Westridge Elementary School. Wild turkey and deer in your backyard and still 8 minutes to Kroger West. Deed restrictions protect your investment and will include no manufactured homes, no businesses/trades and minimum home size of 1,500 sf and two homes per tract. Seller will consider selling

    Joe Johnson Bluegrass Realty & Investments

    10 Acres Devils Hollow Rd, Frankfort, KY 40601
  • /7

    $115,000

    • Land
    • 1.86 Acres
    • $61,828 per Acre

    3 Lucas Ln, Frankfort, KY 40601

    Bring your dream home to life on this beautiful 1.8-acre building lot on Lucas Lane. This flat, open property offers an ideal site for construction—no clearing or steep grades, just ready-to-build space surrounded by peaceful Kentucky countryside. Enjoy the quiet setting with easy access to town conveniences, schools, and main roads. With road frontage on Lucas Lane and utilities nearby, this lot

    Jennifer Woods Marshall Lane Real Estate

    3 Lucas Ln, Frankfort, KY 40601
  • /31

    $195,000

    • 1 Bed
    • 2 Baths
    • 1,803 Sq Ft

    1478 Shore Acres Rd, Frankfort, KY 40601

    Need a rental property??? This has been a good rental for years! Escape the crowded subdivision life and enjoy the peace of the country! This charming home sits in a quiet, private setting surrounded by nature—deer, wildlife, and wooded views included. With 1 bedroom plus an additional flex room that could be a bedroom without a closet, 2 full bathrooms, and excellent rental potential, this

    Tracy Barnes Kentucky Dreams Realty

    1478 Shore Acres Rd, Frankfort, KY 40601
  • /27

    $174,900

    • 2 Beds
    • 1 Bath
    • 1,243 Sq Ft

    712 Bradley St, Frankfort, KY 40601

    Charming 1.5 story ranch home with 2 bed and 1 bath. Perfect for first time home buyer or someone looking to downsize. Upstairs loft could be used as an additional bedroom, den, office or extra storage. Large fenced in yard with storage shed and a large deck for entertaining. Only minutes from downtown, schools and parks. Schedule your showing today.

    Stacey Shelton Bluegrass Realty & Investments

    712 Bradley St, Frankfort, KY 40601
  • /21

    $125,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    333 E 4th St Unit B10, Frankfort, KY 40601

    Downtown Frankfort living at its best. Located near the Capitol, this centrally positioned 2-bedroom, 1-bath condo is ideal for a first-time buyer, savvy investor, or anyone needing a convenient home base in the city. Units B6 and B10 are both being offered and may be purchased together or separately, providing added flexibility for owner-occupants or investors alike. Whether you're working in

    Kevin Culp Real Broker LLC

    333 E 4th St Unit B10, Frankfort, KY 40601
  • /8

    $175,000

    • Land
    • 17.7 Acres
    • $9,887 per Acre

    9445 Bob Rogers Rd, Frankfort, KY 40601

    Here it Is! This Beautiful wooded Tract offers the Privacy you have dreamed of. This property is mostly wooded with lots of Great Views and Abundant Wildlife. Lots of Wooded Area with Mature Hardwoods. Electric and Water at the Street. Property Fronts on Both Hansborough Road and Bob Rogers Road. This could be your own Piece of Heaven! Call NOW to view this Amazing property with so much to offer!

    Barry Webb EXP Realty LLC

    9445 Bob Rogers Rd, Frankfort, KY 40601
  • /18

    $198,000

    • 3 Beds
    • 1.5 Baths
    • 1,264 Sq Ft

    744 Fields Ave, Frankfort, KY 40601

    Welcome to this charming 3-bedroom, 1.5-bath home in Thornhill, sitting on a large double lot that's perfect for extra outdoor space, gardening, pets, or future possibilities. This home has seen lots of updates, giving it a fresh and comfortable feel while still keeping things affordable for a first-time buyer. Inside, you'll find a bright living area, an updated kitchen with good storage, and

    Jennifer Woods Marshall Lane Real Estate

    744 Fields Ave, Frankfort, KY 40601
  • /19

    $189,500

    • 3 Beds
    • 1.5 Baths
    • 1,175 Sq Ft

    125 Schenkelwood Dr, Frankfort, KY 40601

    Charming 3-bedroom, 1.5-bath ranch offering 1,175 sq. ft. with several recent updates. This home features a new front door with storm door, new back door, updated exterior light fixtures, new kitchen and bathroom faucets, and fresh interior paint. A new roof and new hot water tank were installed, July 2025. The layout provides easy one-level living with a comfortable floor plan and plenty of

    Angela Lewis CENTURY 21 Simpson & Associates

    125 Schenkelwood Dr, Frankfort, KY 40601
  • /29

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    7144 Owenton Rd, Frankfort, KY 40601

    Completely remodeled and absolutely charming! This adorable 3-bedroom, 2-full-bath home offers the perfect blend of modern updates and cozy comfort, all nestled on a beautiful one-acre lot. Inside, you'll find all the big-ticket items brand new, including HVAC, plumbing, flooring, and fresh paint throughout, giving you true peace of mind. The kitchen shines with new granite countertops, creating

    Erin Lewis Christies International Real Estate Bluegrass

    7144 Owenton Rd, Frankfort, KY 40601
  • /25

    $200,000

    • 3 Beds
    • 1 Bath
    • 1,462 Sq Ft

    229 Birchwood Ave, Frankfort, KY 40601

    Sellers are moving out of state and are motivated to sell this charming 1.5-story home offering 3 bedrooms and 1 full bath, situated on an unfinished basement with endless potential. This property features a spacious fenced backyard, perfect for outdoor activities, along with a large covered porch overlooking the yard. A covered patio provides the ideal space for grilling or entertaining. Perfect

    Janine Shackelford LPT Realty

    229 Birchwood Ave, Frankfort, KY 40601
  • /10

    $110,000

    • Land
    • 1.78 Acres
    • $61,798 per Acre

    4 Lucas Ln, Frankfort, KY 40601

    Bring your dream home to life on this beautiful 1.8-acre building lot on Lucas Lane. This flat, open property offers an ideal site for construction—no clearing or steep grades, just ready-to-build space surrounded by peaceful Kentucky countryside. Enjoy the quiet setting with easy access to town conveniences, schools, and main roads. With road frontage on Lucas Lane and utilities nearby, this

    Jennifer Woods Marshall Lane Real Estate

    4 Lucas Ln, Frankfort, KY 40601
  • /7

    $189,900

    • Land
    • 10 Acres
    • $18,990 per Acre

    512 Beechridge Rd, Frankfort, KY 40601

    Escape to nature on this stunning 10-acre parcel nestled in a peaceful, wooded setting. Perfect for those seeking privacy, tranquility, and a connection with the outdoors, this land offers a rare opportunity to own your own slice of wilderness. Towering trees provide shade and seclusion, while open clearings offer potential build sites or camping areas. Whether you're dreaming of a private

    Alex Doyle Torrey Smith Realty Co., LLC

    512 Beechridge Rd, Frankfort, KY 40601
  • /20

    $186,000

    • 4 Beds
    • 2.5 Baths
    • 2,096 Sq Ft

    205 Paul Sawyier Dr, Frankfort, KY 40601

    New Price on this charming Home on the Kentucky River in South Frankfort. Don't miss this opportunity in a prime South Frankfort location—walk to schools and downtown! This thoughtfully designed 1.5-story home offers a first floor with living/dining room, kitchen, den, bedroom, and 1.5 baths—cleaned out and ready for remodeling. Features include two fireplaces and a basement with interior access

    Harry Carver Bluegrass Realty & Investments

    205 Paul Sawyier Dr, Frankfort, KY 40601
  • /15

    $125,000

    • Land
    • 16.26 Acres
    • $7,688 per Acre

    0 Rouse Ave, Frankfort, KY 40601

    Discover a golden opportunity in the heart of Frankfort, KY's thriving Industrial Park with this expansive 16.26-acre parcel of commercial land. Nestled amidst a prime location known for its vibrant business environment, this vast property offers an array of possibilities for entrepreneurial minds and visionary investors. Boasting excellent connectivity and easy access to major transportation

    Garrison Peets WTC Realty LLC

    0 Rouse Ave, Frankfort, KY 40601

Home Trends in Frankfort, KY

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$258,000
Median Townhouse Sale Price
$324,900
Median 2 Bedroom Sale Price
$243,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
103
Last 12 months Home Sales
479
Months of Supply
2.60
Median List Price
$269,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
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