$400,000
$50K PRICE DROP

421 Fairview Ave Franklin, KY 42134

Estimated payment $2,521/month

Total Views 2,401
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover a prime investment opportunity in the heart of Franklin, Kentucky. This 2.13 acre parcel of land is zoned R3, ideal for multi-family residential development such as townhomes or multi-family housing. Located within the rapidly growing Franklin community, this property offers both excellent potential for immediate development and long-term value appreciation. Property is in 5 parcels- but selling as a whole. What sets this land apart is that it comes with city-approved development plans already in place approved for 20 units. Whether you're a seasoned developer or an investor looking for a turnkey project, this ready-to-build property simplifies the process and accelerates your timeline. The land offers convenient access to I-65, schools, shopping, and employment centers, making it highly attractive to future residents. With strong rental demand in the area and limited available multi-family housing, this is the perfect opportunity to capitalize on Franklin’s growth. Utilities are available at the road, and all development plans have been approved, streamlining your path to construction. Don’t miss this rare, ready-to-go development opportunity in a thriving community. Contact us today for more information or to schedule a site visit.

Listing Agent

Stacy House

Crye-Leike Executive Realty License #251746 Listed on: 04/15/2025

Crye-Leike Executive Realty

Co-Listing Agent

Klay Kelley

Crye-Leike Executive Realty License #220268

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.13 Acre Lot
  • Cleared Lot

Home Design

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 012-00-05-020.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Lots and Land
  • Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fence: None
  • Outer Structures: None
  • Topography: Clear

Utilities

  • Water: City
  • Sewer: City
  • Electricity: Available-Near Property

Schools

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

Lot Info

  • Estimated Lot Size: 2.13
  • Deed Book Page: 359/304
  • Parcel Id Tax Id: 012-00-05-020.00
  • Price Per Acre: 187793

MLS Schools

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

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $400,000 -11.1% --
04/15/2025 04/15/25 For Sale $450,000 -- --
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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

MLS Number: RA20251990

Real Estate Information Services (REALTOR® Association of Southern Kentucky)
Kentucky Simpson County Franklin 42134

421 Fairview Ave, Franklin, KY

This home is located at 421 Fairview Ave, Franklin, KY 42134 and is currently priced at $400,000. 421 Fairview Ave is a home located in Simpson County with nearby schools including Franklin Elementary School, Lincoln Elementary School, and Simpson Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Information Services (REALTOR® Association of Southern Kentucky) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Stacy House
Listing Agent
Stacy House
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Crye-Leike Executive Realty
(270) 713-5251