Frankfort Homes under $400,000

Frankfort Homes under $400,000

Welcome to Frankfort, Kentucky – a hidden gem nestled in the heart of the Bluegrass State! As the state capital, Frankfort is steeped in rich history and vibrant culture, making it a charming place to call home. With its picturesque landscapes, historic architecture, and a welcoming community, Frankfort offers an ideal blend of small-town charm and urban amenities.

The city is known for its scenic beauty, with the Kentucky River winding gracefully through the area, providing residents with stunning views and ample opportunities for outdoor activities. Enjoy leisurely strolls through the beautiful parks, or explore the historic downtown, which boasts delightful shops, local eateries, and cultural attractions such as the Kentucky State Capitol and the Thomas D. Clark Center for Kentucky History.

For those looking to settle down in this enchanting city, Frankfort offers a variety of homes under $400,000, making it an attractive option for first-time buyers, families, and retirees alike. From cozy bungalows to spacious family homes, you can find properties that cater to diverse lifestyles and preferences. The real estate market here is both affordable and promising, allowing you to invest in a home that suits your needs without breaking the bank.

With its friendly atmosphere, excellent schools, and a strong sense of community, Frankfort is not just a place to live; it’s a place to thrive. Whether you’re drawn to the rich history, the beautiful landscapes, or the vibrant community spirit, Frankfort is ready to welcome you home. Explore the opportunities that await you in this charming Kentucky city!

Newest Frankfort Homes under $400,000

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
403 Wash Rd, Frankfort
$362,000
3 Beds ⋅ 2 Baths ⋅ 26027362 MLS
Beautifully updated and surrounded by scenic Kentucky countryside, this 3-bedroom brick ranch home offers the ideal combination of peaceful rural views and convenient access to Frankfort and Lawrenceburg. Inside, rich hardwood floors bring warmth and character to the main living areas, while thoughtful renovations create a fresh, move-in-ready feel throughout the home. The updated kitchen features refreshed cabinetry, granite countertops and modern appliances, and the spacious Great Room is anchored by an impressive stone fireplace. The finished walkout basement with a rustic barn wood motif greatly expands the home's possibilities with a large recreation room, bar area and wood-burning stove—ideal for entertaining, relaxing, or creating a home theatre or family game area. The oversized garage provides additional parking and storage options and has room for a small work area. Step outside onto the elevated deck and take in picturesque views of neighboring farmland overlooking the expansive half acre backyard. Located just off US-127 South, the property is within great proximity to the BG Parkway and I 64 and delivers the atmosphere of country living while remaining only minutes from shopping, dining, schools and everything the surrounding counties have to offer. With more than 2,100 square feet of finished living space, extensive renovations, timeless brick construction and an exceptional rural setting, this home is beautifully updated and ready to be enjoyed!

403 Wash Rd, 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
115 Bayberry Ln, Frankfort
$359,900
3 Beds ⋅ 3 Baths ⋅ 26027350 MLS
Nestled on a quiet cul-de-sac in one of Frankfort's most convenient locations, this beautifully maintained 3-bedroom, 2.5 bath offers the perfect blend of comfort and style. The main floor features a spacious kitchen and living room area with the option of a dining room or office space to suit your lifestyle needs. The second floor features a primary suite along with 2 additional bedrooms, bath and laundry room. Enjoy the large, fenced in backyard for entertaining or sitting under the covered pergola enjoying the cool fall nights. Ideally located on Frankfort's east side with easy access to Midway, Georgetown, Lexington, I-64, US 60, and the East-West Connector. Move-in ready and waiting for its next owner.

115 Bayberry Ln, 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. New shingles September 2026. Don't wait on this one!! Lots of square footage! Must see!

112 Ridgewood Ln, Frankfort
11 Warwick Ln, Frankfort
$399,900
3 Beds ⋅ 3 Baths ⋅ 26027178 MLS
Timeless brick home on a beautiful, park-like setting in desirable Country Lane Estates. This updated home offers the space you're after, including a living room and family room, an updated kitchen, and a large first-floor laundry room, as well as three bedrooms and two bathrooms on the first floor. Downstairs, you'll find a versatile walk-out lower level that includes a kitchenette, den, full bathroom, two additional flex spaces, and so much storage! This well-maintained home has lots of updates, including new kitchen cabinets and tops, a new gas furnace, a new metal roof in 2022, new sliding doors upstairs and downstairs, a new deck, and a new electrical panel and plugs. Situated on a quiet cul-de-sac and conveniently located near schools, shopping, and downtown Frankfort. A must-see property!

11 Warwick 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
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