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Residential Land for Sale in Franklin, Kentucky

421 Fairview Ave, Franklin, KY 42134

$375,000
2.13 acres
Active
$25k drop
Est $2,810/mo

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.

Location

Street address
421 Fairview Ave
Elevation
734 feet
Coordinates
36.7193, -86.5982

Directions

From Franklin, Take HWY 100 W to Fairview. Properties will all be at the end of the street.

Property details

Acreage
2.13 acres
MLS #
RASK RA20256306
Posted

Parcels

  • 012-00-05-020.00

Details and features

Listing

Type
Land
Subtype
Multi Family
Franchise
Crye-Leike

Nearby schools

NameLevelDistrictDescription
FranklinElementary
Franklin SimpsonMiddle
Franklin SimpsonHigh

Listing history

DateEventPriceChangeSource
Dec 2, 2025Price drop$375,000$25,000 -6.3%RASK
Oct 31, 2025New listing$400,000RASK
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This 2.13-acre property is located at 421 Fairview Ave in Franklin, KY 42134. The property is available for sale for $375,000 with a price per acre of $176,056.

Checked 1 hour ago — Updated

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