421 Fairview Ave Franklin, KY 42134
Franklin AreaEstimated payment $2,193/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 2.13 Acre Lot
- Cleared Lot
Schools
- Franklin Elementary School
- Franklin Simpson Middle School
- Franklin Simpson High School
Listing and Financial Details
- Assessor Parcel Number 012-00-05-020.00
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | Price Changed | $340,000 | -2.9% | -- |
| 04/16/2026 04/16/26 | For Sale | $350,000 | 0.0% | -- |
| 04/12/2026 04/12/26 | Pending | -- | -- | -- |
| 03/25/2026 03/25/26 | For Sale | $350,000 | -- | -- |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20261590
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Ask me questions while you tour the home.