
Residential Land for Sale in Franklin, Kentucky
421 Fairview Ave, Franklin, KY 42134
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
- County
- Simpson County
- Elevation
- 734 feet
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
| Name | Level | District | Description |
|---|---|---|---|
| Franklin | Elementary | — | — |
| Franklin Simpson | Middle | — | — |
| Franklin Simpson | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | Price drop | $375,000 | $25,000 -6.3% | RASK |
| Oct 31, 2025 | New listing | $400,000 | — | RASK |










