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 offers a unique blend of rich history, vibrant culture, and picturesque landscapes. With its charming downtown area, filled with boutique shops, local eateries, and historic sites, Frankfort is a place where community spirit thrives. The scenic Kentucky River meanders through the city, providing opportunities for outdoor activities and serene views, making it an ideal location for families, young professionals, and retirees alike.

For those seeking affordable housing options, Frankfort presents an enticing opportunity with homes available for under $150,000. This price range opens doors to a variety of charming properties, from quaint bungalows to cozy cottages, perfect for first-time homebuyers or those looking to downsize. With the cost of living being relatively low compared to larger metropolitan areas, you can enjoy the benefits of homeownership without breaking the bank.

Frankfort's real estate market is not only budget-friendly, but it also boasts a strong sense of community. Residents enjoy access to quality schools, local parks, and recreational facilities, all while being just a short drive from the vibrant cities of Lexington and Louisville. Whether you're drawn to the historical architecture or the welcoming neighborhoods, Frankfort is a place where you can truly feel at home.

Explore the possibilities of finding your dream home in this charming city, where affordability meets a high quality of life. Discover Frankfort today and see why so many are proud to call it home!

Newest Frankfort Homes under $150,000

1203 Indian Gap Rd, Frankfort
$115,000
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
202 E Todd St, Frankfort
$125,000
2 Beds ⋅ 1 Baths ⋅ 1728921 MLS
Fantastic opportunity to invest in Historic Frankfort. This high visibility property sits on a corner just blocks from the State Capitol, and would make an excellent renovation or long-term investment. Currently set up as a two-bedroom, it could easily be converted into a three-bedroom. The home is packed with historic details both on the interior and exterior. Cash or renovation financing only.

202 E Todd St, 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
333 E 4th St Unit A8, Frankfort
$119,000
2 Beds ⋅ 1 Baths ⋅ 1726546 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.

333 E 4th St Unit A8, Frankfort
333 E 4th St Unit A1, Frankfort
$119,000
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
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
$69,900
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
$70,000
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
710 Dabney St, Frankfort
$99,900
2 Beds ⋅ 1 Baths ⋅ 26015826 MLS
Whether you're looking for your first home or a smart investment opportunity, this charming 2-bedroom, 1-bath home is full of potential! Enjoy a functional layout with a deck just off the kitchen—perfect for relaxing or entertaining. The partially fenced backyard offers space for pets, play, or gardening. Affordable and full of possibilities, this property is a great starter home or an excellent addition to your rental portfolio. Don't miss this opportunity!

710 Dabney St, Frankfort
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