$339,900
$30K PRICE DROP

231 S College St Franklin, KY 42134

Estimated payment $2,126/month

Total Views 8,008
4 Beds
4.5 Baths
3,347 Sq Ft
$102 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Secondary bathroom tub or shower combo
  • Mature Trees
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

Historic Commercial Property with Residential Potential – Franklin, KY Discover a rare opportunity in the heart of Franklin, Kentucky! This well-maintained 3,347 sq ft commercial property sits on a .23-acre lot just minutes from downtown and the parkway, offering excellent visibility and convenience. Originally built in 1935 as the home of a former town mayor, this stately property combines rich history with modern flexibility. Currently configured for commercial use, the layout features 4 spacious bedrooms and 4.5 bathrooms, making it easily convertible back into a stunning private residence, bed-and-breakfast, or live-work space. The interior showcases classic charm with ample room for customization, whether you're looking to create office space, a boutique, or a welcoming home. Additional highlights: Prime location near downtown shops, dining, and major thoroughfares Furniture negotiable, providing turnkey possibilities Lovingly maintained with preserved architectural details Ideal for business owners, investors, or homeowners with a vision Don't miss this unique chance to own a piece of Franklin's history with endless potential. Schedule your private showing today!

Listing Agent

Cory White

Keller Williams First Choice R License #288374 Listed on: 07/17/2025

Keller Williams First Choice R

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Street paved with bricks
  • Mature Trees
  • Historic Home

Home Design

  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,347 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Secondary bathroom tub or shower combo

Unfinished Basement

  • Partial Basement
  • Sump Pump

Schools

  • Franklin Elementary School
  • Franklin Simpson Middle School
  • Franklin Simpson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 013-00-26-008.00

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Historical
  • Estimated Above Ground Sq Ft: 3347
  • Estimated Year Built: 1935
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Interior Amenities: Bookshelves, Ceiling Fan(s), Walk-in Closet(s)
  • Fireplace Woodstove: 1
  • Walls: Dry Wall
  • Appliances Equipment: Sump Pump
  • Floors: Carpet, Hardwood, Vinyl
  • Windows Treatments: None
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 4
  • Master Bedroom Level: Main
  • Master Bedroom Dimensions: 15.8x13
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Upper
  • Bathroom: Tub/Shower Combo
  • Number of Full Bathrooms in the Basement: 4
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 0
  • Total Bathrooms: 5
  • Number Partial Bathrooms in the basement: 1
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Master Bath Room Level: Upper
  • Full Bathrooms: 4
  • Master Bathroom Dimensions: 15x12.1
  • Number of Partial Bathrooms: 1
  • Utility Room Bsmt: 1
  • Lower Level Utility Room: 0
  • Upper Level Utility Room: 0
  • Has Basement: Partial, Unfinished
  • Unfinished Basement Sq Ft: 1360
  • Basement YN: Yes
  • Total Basement Sq Ft: 1360
  • Dining Room Level: Main
  • Dining Rooms: Eat-in Kitchen, Formal Dining Room
  • Family Room Level: Main
  • Kitchen: Dishwasher, Range Electric, Range Hood
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other 1 Description: Office
  • Other1 Level: Main
  • Other Rooms: Family Room, Office
  • Total Fin Living Sapce: 3347

Exterior Features

  • Construction: Block, Brick/Brick Veneer
  • Roofing: Dimensional, Shingles
  • ExteriorFeatures: Covered Front Porch, Brick Walks, Landscaping, Mature Trees
  • Fence: Partial
  • Foundation: Block

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central Electric
  • Heating: Forced Air
  • Sewer: City

Lot Info

  • Estimated Lot Size: 0.23
  • Deed Book Page: 265-574
  • Parcel Id Tax Id: 013-00-26-008.00

MLS Schools

  • Elementary School: Franklin
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 Price Changed $339,900 -8.1% $102 / Sq Ft
07/17/2025 07/17/25 For Sale $369,900 -- $111 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20254118

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 013-00-26-008.00

Kentucky Simpson County Franklin 42134

231 S College St, Franklin, KY

For Sale

Detached

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Listing Agent
Cory White
Section Image
Keller Williams First Choice R
(270) 510-3507