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.
For sale
Price cut: $50K (7/24)
$400,000
421 Fairview Ave, Franklin, KY 42134
--beds
--baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 116 days
- on Zillow |
- 84 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 09:11am
Listed by:
Stacy House 270-253-2134,
Crye-Leike Executive Realty,
Klay Kelley 270-792-2874,
Crye-Leike Executive Realty
Source: RASK,MLS#: RA20251990

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 2.13 Acres
- Features: Cleared
Details
- Additional structures: None
- Parcel number: 0120005020.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Electric: Available-Near Property
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Franklin
Financial & listing details
- Price range: $400K - $400K
- Date on market: 4/15/2025
- Road surface type: Other
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