$340,000
$10K PRICE DROP

421 Fairview Ave Franklin, KY 42134

Franklin Area

Estimated payment $2,193/month

Total Views 15,688
2.13 Acres
$159,624 Price per Acre
92,783 Sq Ft Lot

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.

Listing Agent

Stacy House

Crye-Leike Executive Realty License #251746 Listed on: 03/25/2026

Crye-Leike Executive Realty

Co-Listing Agent

Klay Kelley

Crye-Leike Executive Realty License #220268

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

Property Details

Property Type

Land

Lot Details

2.13 Acres

Listing Details

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

Exterior Features

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

Utilities

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

Lot Info

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

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

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

MLS Number: RA20261590

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