Frankfort Homes under $350,000

Frankfort Homes under $350,000

Welcome to Frankfort, Kentucky, a hidden gem nestled in the heart of Franklin County! As the state capital, Frankfort boasts a rich history, vibrant culture, and stunning natural beauty that make it a perfect place to call home. With its charming downtown area, residents can enjoy a delightful mix of local shops, restaurants, and historical landmarks, including the impressive Kentucky State Capitol and the serene Buffalo Trace Distillery.

For those seeking affordable housing options, Frankfort offers a variety of homes priced under $350,000, making it an ideal destination for first-time homebuyers, families, or anyone looking to invest in a welcoming community. From quaint bungalows to spacious family homes, there’s something for everyone in this picturesque city. The real estate market here is diverse, with properties that reflect the unique character and charm of Frankfort.

Living in Frankfort means you can enjoy a slower pace of life while still having access to the amenities of a larger city. Outdoor enthusiasts will love the nearby parks and trails, perfect for hiking, biking, or simply enjoying the beautiful Kentucky landscape. Additionally, the city’s strong sense of community and friendly atmosphere make it easy to feel at home.

Whether you’re drawn to Frankfort for its historical significance, vibrant culture, or affordable housing options, you’ll find that this city has so much to offer. Explore your options today and discover why Frankfort, Kentucky, is the perfect place to create lasting memories and build your future!

Newest Frankfort Homes under $350,000

828 Shelby St, Frankfort
$349,900
5 Beds ⋅ 2 Baths ⋅ 26027368 MLS
Duplex • Historic Investment Opportunity • Bourbon Capital of the World 2,678 SQFT| 5 bedrooms | 2 full baths | 3 BR/1 BA + 2 BR/1 BA Bring your vision to 828 Shelby St in Frankfort, Kentucky — the Bourbon Capital of the World! This historic duplex offers 2,678 square feet with two separate living areas. One side features 3 bedrooms and 1 full bath, while the other offers 2 bedrooms and 1 full bath. This property needs TLC and is ready for someone with vision to bring it back to life. Whether you're an investor, renovator, contractor, or buyer looking for a unique project, this property offers an exciting opportunity to create value while restoring a piece of Frankfort's historic character. The duplex configuration provides flexibility for a variety of investment strategies, including long-term rental, owner-occupied living with rental income from the other side, or potentially furnished or short-term rental use, subject to local regulations and approvals. The property's historic character also makes it worth exploring potential historic tax credit opportunities, subject to eligibility and approval by the appropriate agencies. Located in the Bourbon Capital of the World, this property offers an opportunity to take advantage of Frankfort's rich history, bourbon heritage, and tourism appeal. Imagine transforming this diamond in the rough into a beautifully restored duplex, income-producing investment, or bourbon-inspired short-term rental destination. Duplex • 2,678 SQFT • 5 bedrooms • 2 baths • Historic property • Needs TLC • Bring your vision • Investment opportunity • Potential historic tax credit project • Bourbon Capital of the World. The possibilities are limited only by your imagination. Bring your vision and make this historic Frankfort property your next project!

828 Shelby St, Frankfort
48 Roscoe Ct, Frankfort
$236,000
3 Beds ⋅ 2 Baths ⋅ 26027360 MLS
Ready to find your first home or downsize your current one? You definitely need to see this move in ready ranch home, situated in an established neighborhood in Frankfort. Step in to the cozy family room ready for binge-watching your favorite shows or catching up after a busy day. In the eat-in kitchen you'll find beautifully painted solid wood cabinets and plenty of room for your sourdough starter. Off the kitchen is the laundry room with storage. Through the back door you'll find a large covered patio perfect for morning coffee or hosting summer barbecues. 3 bedrooms and 2 full baths complete this 1-level home.

48 Roscoe Ct, Frankfort
528-530 Shenandoah Dr, Frankfort
$279,500
6 Beds ⋅ 4 Baths ⋅ 26027290 MLS
Unusual, attractive, dry stacked limestone duplex custom built for owner occupancy in 1991. The owner is retiring from rental property ownership. Units are 3 bedroom, 2 bath with patios and storage units. Within minutes to all supporting facilities. Great investment property for tenant or owner occupant.

528-530 Shenandoah Dr, Frankfort
112 Ridgewood Ln, Frankfort
$349,900
4 Beds ⋅ 3 Baths ⋅ 26027233 MLS
This is not a drive by!!! The house lives much larger than it appears. From the covered porch that welcomes you to the patio at basement there is so much outdoor living space. Granite counter tops and a huge island makes this large eat in kitchen the focal part of the house. The great room opens onto a large covered deck overlooking the fenced yard with a drive large enough for a RV. There are 3 bedrooms and a bath and a half on the first level. Also on the first floor is large room that was a formal living room currently used as a bedroom. Downstairs there is a fourth bedroom and another full bath. The family room is large enough to divide into different entertaining areas, office, playroom or more. The basement has been professionally dried by the Basement Doctor and the warranty transfers to new owners. The large, fenced yard is great for kids, dogs or both. Don't wait on this one!! Lots of square footage! Must see!

112 Ridgewood Ln, Frankfort
140 Sioux Trl, Frankfort
$274,900
4 Beds ⋅ 3 Baths ⋅ 26027075 MLS

140 Sioux Trl, Frankfort
118 River Oak Dr, Frankfort
$299,000
3 Beds ⋅ 3 Baths ⋅ 26027044 MLS
Welcome to your next chapter in the heart of Kentucky's Capital City! This beautifully maintained 3-bedroom, 3-bathroom home is tucked away in a quiet cul-de-sac while offering convenient access to everything the city has to offer. With 1,932 sq. ft. of living space, this home offers a functional and inviting layout with plenty of room to live, relax, and entertain. The primary suite is conveniently located on the main level, providing easy everyday living. The finished walkout basement adds valuable additional living space and opens to a covered deck, creating the perfect spot to enjoy your morning coffee or unwind at the end of the day. From its well-maintained condition to its desirable location and thoughtful layout, this home offers the space and comfort you've been looking for. Schedule your private showing today and see all this beautiful home has to offer!

118 River Oak Dr, Frankfort
404 Mccreary Ave, Frankfort
$190,000
2 Beds ⋅ 1 Baths ⋅ 26027040 MLS
CHARM, CHARACTER & STUNNING VIEWS! Welcome to this beautifully renovated 2-bedroom, 1-bathroom home where timeless character meets fresh, modern updates. From the moment you step inside, you'll be captivated by the gorgeous woodwork, high ceilings, and all-natural hardwood flooring throughout. Freshly painted walls, upgraded cabinets, and a brand-new bathroom are just a few of the thoughtful improvements that make this home truly move-in ready. No detail has been overlooked in this renovation, creating the perfect blend of historic charm and modern convenience. Step outside onto the covered front porch and enjoy beautiful views of Buffalo Trace - the perfect place to sip your morning coffee, relax, and take in the scenery. With its character, thoughtful updates, and desirable location, this charming home is one you'll want to see for yourself! Schedule your showing today, this beautifully renovated gem won't last long!

404 Mccreary Ave, Frankfort
748-750 Hillcrest Ave, Frankfort
$190,000
4 Beds ⋅ 2 Baths ⋅ 26026963 MLS
Spacious duplex with 2 bed/ 1 bath on each side. One unit updated and shingles replaced in 2023. Fully occupied. Please allow 24 hours for showings so tenants can be notified. Owners are licensed real estate agents.

748-750 Hillcrest Ave, Frankfort
118 Elkhorn Dr, Frankfort
$225,000
2 Beds ⋅ 1 Baths ⋅ 26026919 MLS
Charming two bedroom, one bathroom home in Frankfort filled with character and possibilities! Step inside to a bright living room with plenty of natural light, beautiful hardwood floors, and arched doorways that add timeless charm. The living room flows into the kitchen area, while a unique spiral staircase leads to a loft that could be used as an additional sleeping area, office, or flex space. A full unfinished basement provides plenty of storage and future potential. Outside, you'll find a detached garage and additional outdoor space. A home with character, versatility, and plenty of room to make it your own!

118 Elkhorn Dr, Frankfort
8 Rockland Ct, Frankfort
$340,000
3 Beds ⋅ 2 Baths ⋅ 26026894 MLS
You are going to fall in love with this storybook 1930"s English Tudor designed by architect Spencer Cryer. With its view of the Capital Dome and ideal location to downtown and South Frankfort you will be the center of all of activities. Details like the slate roof, inlayed penny tile, and outside entertaining spaces really set the mood for its historic character. Other details like domed archways, built-in bookshelves, and hidden spaces add to the one-of-a-kind build. The updated kitchen features granite countertops and functional island with fold down seating space. The layout of rooms goes like this...one bedroom and bathroom on the entry floor with the kitchen and dedicated dining space, a few steps up to the cozy living room with gas fireplace and several viewing porches, and then a few more steps up to two very spacious bedrooms and a bathroom. Laundry and workshop are in the basement off the kitchen. The low maintenance yard has a private feel and how great is it to get to say "Which porch should we pick today?" Rockland Ct is a quaint little street behind the Capital Annex with low traffic. Fall in Kentucky is hard to beat...come fall in love with this piece of Frankfort history. Seller is a licensed realtor in the State of Kentucky with license in escrow.

8 Rockland Ct, Frankfort
828 Shelby St, Frankfort
$349,900
5 Beds ⋅ 2 Baths ⋅ 26026875 MLS
A unique duplex opportunity located just steps from the State Capitol Building! One side features 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, plus a full unfinished basement. The property also includes a spacious 3-car detached garage. This historic property qualifies for historic tax credits and offers incredible flexibility—keep it as a multi-unit investment or explore converting it into a single-family residence. Property is being sold as-is. More photos and a full description coming soon! Stay tuned for details on this exciting Frankfort property.

828 Shelby St, Frankfort
324 Farmers Ln, Frankfort
$199,900
3 Beds ⋅ 1 Baths ⋅ 26026852 MLS
Welcome home to 324 Farmers Lane! This charming 3 bedroom, 1 bath home is move-in ready and freshly updated throughout. You'll find fresh paint, vinyl plank flooring and a bright kitchen with white cabinets and stainless steel appliances, including a brand-new stove, dishwasher and microwave. The open living area makes daily life and entertaining easy. Step outside to a large fenced yard with plenty of room to play, garden or relax. It's in a convenient spot between Frankfort and Lawrenceburg, with quick access to I-64 and the Bluegrass Parkway. Schedule your showing today!

324 Farmers Ln, Frankfort
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