Frankfort Homes under $150,000

Frankfort Homes under $150,000

Welcome to Frankfort, Kentucky – a hidden gem nestled in the heart of Franklin County! As the state capital, Frankfort boasts a rich history, charming architecture, and a vibrant community that makes it an ideal place to call home. With its picturesque landscapes and friendly atmosphere, residents enjoy a unique blend of small-town charm and urban conveniences.

One of the most appealing aspects of Frankfort is its diverse housing market, particularly for those seeking affordable options. If you’re in the market for homes under $150,000, you’ll be delighted to discover a variety of choices that fit your budget without compromising on comfort or style. From quaint bungalows to cozy townhouses, Frankfort offers an array of properties that cater to first-time homebuyers, retirees, and everyone in between.

Living in Frankfort means enjoying the beauty of nature with countless parks, trails, and the stunning Kentucky River right at your doorstep. The city is also rich in culture, featuring the historic Kentucky State Capitol, local museums, and a thriving arts scene.

With a strong sense of community, friendly neighbors, and excellent schools, Frankfort is a place where families can thrive. Whether you’re looking to invest in your first home or seeking a peaceful retreat, Frankfort’s affordable housing options under $150,000 make it a fantastic choice. Come explore this charming city and discover why so many are proud to call Frankfort home!

Newest Frankfort Homes under $150,000

1203 Indian Gap Rd, Frankfort
$139,000
3 Beds ⋅ 2 Baths ⋅ 26025776 MLS
Welcome to a home in this market well UNDER $150,000! This calm, quiet & serene property sits on a sizable .982+/- acres. You will love the tranquil sound of the running water at the fishery down the hill, the lush greenery & the cozy in the country feeling. This rural home includes a unique layout, two kitchens, a two space carport & many beautiful trees to admire. Some previous sellers conveniently rented out one side. So the options seem great but the clock is ticking. Set up your showing and appreciate the greenery on the way over.

1203 Indian Gap Rd, Frankfort
102-106 Admirals Lndg, Frankfort
$50,000
2 Beds ⋅ 1 Baths ⋅ 26024546 MLS
Rare multi-lot opportunity! Three lots totaling 0.60 acres in a convenient and scenic Capitol-area location. Zoned for single-family or multi-family use, offering strong potential for builders, developers, investors, or buyers seeking a custom home near the riverfront. Duplexes or custom new builds could be excellent possibilities. Existing structure has sustained significant flood damage, creating a prime opportunity to renovate or reimagine the beautiful landscape. Minutes from downtown Frankfort shopping, dining, parks, and a nearby public boat ramp with access to Kentucky River activities. Don't miss this rare chance to invest, build, or develop in one of Kentucky's most popular locations.

102-106 Admirals Lndg, Frankfort
709 Cline St, Frankfort
$140,000
2 Beds ⋅ 1 Baths ⋅ 26022982 MLS
This home does need some TLC. Lovely eat in kitchen with built in shelves, nicely upgraded bathroom. Maintenance free metal roof and a large lot. This home would be perfect as an investment property, Airbnb, or for a couple starting their new life together. Priced to sell. (Furnishings have been removed after pics.)

709 Cline St, Frankfort
1310 Louisville Rd Unit 11, Frankfort
$120,000
2 Beds ⋅ 1 Baths ⋅ 26022974 MLS
Welcome to easy, low-maintenance living in Crystal Brook! This 2nd level, well-maintained 2-bedroom, 1-bathroom condo offers an inviting combination of comfort, updates, value, and convenience in a desirable Frankfort location. Step inside to a bright, open living space featuring beautiful hardwood flooring, fresh paint, granite countertops, and abundant natural light. Both bedrooms are generously sized, offering great natural light and excellent closet space. The updated bathroom features a large stand up shower, while newer carpet (2023), fresh paint, updated countertops, and hardwood flooring create a clean, move-in-ready feel. The spacious kitchen provides ample cabinet storage and flows easily into the main living area, making the layout feel surprisingly open and functional. The newer water (2023) heater adds even more value and peace of mind. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this condo is designed for easy living. The HOA covers water, sewer, trash, snow removal, and grounds maintenance, allowing you to enjoy truly low-maintenance ownership. Conveniently located just minutes from major routes, shopping, dining, and downtown Frankfort, Crystal Brook offers easy access while maintaining a peaceful community atmosphere. With its desirable location, thoughtful updates, spacious bedrooms, and affordable price point, this condo is an excellent opportunity for comfortable, hassle-free living in Frankfort. Call today for your private showing!

1310 Louisville Rd Unit 11, Frankfort
333 E 4th St Unit A1, Frankfort
$122,500
2 Beds ⋅ 1 Baths ⋅ 26020950 MLS
Welcome to 333 E 4th Street, Unit A1. This charming first-floor condo offers 2 bedrooms and 1 full bath in a convenient location just minutes from downtown, restaurants, shopping, and government offices. Inside, you'll find a spacious living room, an eat-in kitchen, two generously sized bedrooms, a full bath, and a laundry space. The monthly association fee includes water as well as water heating through the building's shared boiler system, helping to keep monthly utility costs affordable and adding to the home's value and convenience. Whether you're searching for your first home, looking to downsize, or seeking a great investment opportunity, this well-located condo is one you won't want to miss.

333 E 4th St Unit A1, Frankfort
617 Shaw Ln, Frankfort
$149,900
1 Beds ⋅ 1 Baths ⋅ 26019932 MLS
Price reduced on this cute, tidy South Frankfort home - perfect for first time homebuyer, short-term-rental (available with conditional use permit - ask your agent for details) or if you need a place to hang your hat while in town. Conveniently located blocks from the Capitol or a walk downtown, but off the beaten path. Cozy with fireplace for cool months with great outdoor living spaces for the rest of the year. Full kitchen with stove, fridge and dishwasher; laundry with washer & dryer. Loft for storage. Come check it out!

617 Shaw Ln, Frankfort
333 E 4th St Unit A8, Frankfort
$119,000
2 Beds ⋅ 1 Baths ⋅ 26019340 MLS
Welcome to 333 E 4th Street, Unit A8, located near the heart of downtown Frankfort! This second-story condo offers two bedrooms, one full bath, and an affordable opportunity to own close to local restaurants, shops, government offices, and everything downtown has to offer. Inside, you'll find wood-look flooring throughout the main living areas, a spacious living room, an eat-in kitchen, and a full bath with a tiled tub and shower surround. The second bedroom offers flexibility for guests, a home office, or additional living space. Step outside to your own covered balcony, a great place to relax and enjoy some fresh air. The community has recently benefited from new roofs and fresh exterior paint, while designated parking adds everyday convenience. Association dues include water and water heating through the building's shared boiler system, helping keep monthly utility costs affordable. Now vacant and easy to show. Schedule your showing today! Whether you're looking for your first home, a low-maintenance property, or an investment opportunity, this downtown Frankfort condo is worth a look!

333 E 4th St Unit A8, Frankfort
1310 Louisville Rd Unit 16, Frankfort
$119,000
2 Beds ⋅ 1 Baths ⋅ 25005658 MLS
Crystal Brook Condominium, move in ready. Affordable, easy living in a comfortable community with easy access to the interestate and most Frankfort locations. 30 minutes to Hamburg! Sold "AS IS"

1310 Louisville Rd Unit 16, Frankfort
3258 Saint Johns Rd, Frankfort
$148,000
2 Beds ⋅ 2 Baths ⋅ 26018011 MLS
Escape to your own little piece of paradise in the country! Situated on a beautiful 1-acre lot, this well-maintained 2-bedroom, 1.5-bath manufactured home offers comfort, functionality, and plenty of outdoor space. Recent updates include new kitchen flooring, a 3-year-old HVAC system, a newer metal roof, and a recently installed water heater. A poured concrete pad extends along the back of the home, providing ample space to park a camper, trailers, recreational vehicles, or other equipment. For added peace of mind, the property also features a storm shelter enclosed within an attractive stone wall. Storage is abundant with three storage buildings, including one with a concrete floor and roll-up door, plus several storage cabinets located along the back of the home that will convey with the property. Start your mornings on the covered front porch with a cup of coffee while enjoying the peaceful country setting and watching the local wildlife. If you've been searching for a quiet retreat with room to spread out, this property is one you won't want to miss! Seller must find a suitable replacement property in order to close.

3258 Saint Johns Rd, Frankfort
165 Gayle St, Frankfort
$74,900
3 Beds ⋅ 2 Baths ⋅ 26015535 MLS
BACK ON MARKET DUE TO BUYER FINANCING. No fault of seller. One of a kind Stone Home with Endless Potential in Frankfort! If youre looking for a home with character, charm and the opportunity to make it your own this unique 3 bedroom, 2 bath stone home is a must see. Offering approximately 1,440 square feet , the home features spacious living and dining areas, a flexible floor plan and rustic stone accents that create a warm lodge-like feel. Outside is where this property truly stands apart. Enjoy a wraparound covered deck, and a custom built outdoor theater envision hosting movie nights, entertaining friends or creating your own backyard retreat, the possibilities are endless. The property is surrounded by mature trees and enhanced by a striking natural limestone rock backdrop, creating a setting unlike anything you'll find in a typical neighborhood. A detached carport provides covered parking, and the home's distinctive architecture offers incredible porential for someone looking to add their own personal touches. Whether you're searching for a primary residence, investment property or renovation project with personality this Frankfort gem is full of opportunity. Come see the potential and imagine what this one of a kind property could become * Some photos include professionally created design visualizations to help illustrate the home's renovation potential. These images are for inspiration only and do not represent the property's current condition.

165 Gayle St, Frankfort
814 Holmes St, Frankfort
$80,000
2 Beds ⋅ 1 Baths ⋅ 26011221 MLS
Great rental property for under $100k to add to your portfolio. Check out this 2 bedroom 1 bathroom unit today.

814 Holmes St, Frankfort
313 Holmes St, Frankfort
$99,000
4 Beds ⋅ 2 Baths ⋅ 26011216 MLS
Investor special! Two unit building. Downstairs is a 3 bedroom 1 bathroom unit with utility room and washer dryer hookups. Upstairs is a 1 bedroom 1 bathroom unit.

313 Holmes St, Frankfort
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