Courtesy: Cobalt Premier Properties
615-771-7707
PROPERTY OVERVIEW An exceptional, rarely available multi-family portfolio is now on the market in the highly coveted Historic Downtown Franklin District. This premier offering features four distinct duplexes (eight units total), presenting an incredible opportunity for savvy investors, equity funds, developers, or multi-generational buyers to secure premium real estate in one of the nation's most robust rental and resale markets. Current units rent quickly at around $1,200/month and have delivered a strong, stable history of high occupancy and consistent rental growth. Situated just blocks from award-winning Main Street, residents enjoy seamless access to Franklin's world-class boutique shopping, chef-driven dining, historic architecture, and vibrant community festivals — with a quick commute via I-65 to the Cool Springs commercial corridor, Brentwood, and downtown Nashville. THREE PATHS TO VALUE The property is grandfathered for its current 8-unit multifamily use, but sits on land zoned R6 — giving a buyer a rare choice of strategies, each independently viable: 1. Hold and Optimize — Stabilized Income • Continue as an 8-unit rental portfolio with a proven occupancy and rent-growth history 2. Redevelop — 8 Luxury Condominiums • Architectural design work already underway (~$60,000 invested), with a 1.5-story concept in hand • City of Franklin has engaged constructively on new designs • Downtown Franklin condo demand is validated at the high end: Multiple high end condo projects are going to market at over $1000/sft 3. Subdivide — 4 Single-Family R6 Lots • Underlying R6 zoning supports a clean subdivision into four individual single-family homesites The property is a brief walk (or short golf-cart ride) from boutique cafes, public parks, and live music venues in one of the nation's most robust and supply-constrained historic rental and resale markets. This is a foundational real estate asset in a location that cannot be replicated.
Courtesy: Headden Home Real Estate
615-686-4939
RARE FIND in downtown Franklin! Brick exterior, excellent large lot, steps away from Main Street!
Courtesy: Wilson Group Real Estate
615-436-3031
NEW ROOF!! Prime Location Alert! Discover this charming duplex at 509 Alexander Drive in the heart of Franklin! Each side (A & B) features 2 spacious bedrooms, 1.5 baths, a cozy fireplace, bright eat-in kitchen, abundant natural light, private deck, ample parking, and a generous backyard perfect for relaxing, entertaining, or pets to roam. Enjoy unbeatable walkability: stroll to nearby parks, historic downtown Franklin's shops and restaurants, or hop on your bike for a quick trip to Kroger. Zoned for Franklin High School in top-rated Williamson County Schools—the best in Tennessee! Perfect for comfortable living in one of Franklin's most convenient spots. No HOA, live in one and keep the other side rented. Don't miss this gem!
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Franklin is located in Tennessee. Franklin, Tennessee has a population of 81,531. Franklin is less family-centric than the surrounding county with 39.59% of the households containing married families with children. The county average for households married with children is 42.06%.
The median household income in Franklin, Tennessee is $102,721. The median household income for the surrounding county is $116,492 compared to the national median of $69,021. The median age of people living in Franklin is 37.2 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 53.2 inches per year, with 3.6 inches of snow per year.
