About This Home

This 3-bedroom, 1-bathroom single family at 231 S High Street in Franklin, KY is listed for $195,000 ($152 per sqft). Built in 1950, the home offers 1,287 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1950
  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
1 full
1950

Amenities

HardwoodA/C
Listing Description

Rare opportunity to own a charming home with an additional lot included-all for just $195,000! This 3-bedroom, 1-bath, two-story home offers the perfect combination of affordability, space, and future potential in a convenient Franklin location. Inside, you'll find a spacious layout featuring a large kitchen and dining area, LVP flooring, hardwood floors, and carpet throughout.

The oversized third bedroom upstairs provides exceptional flexibility and is large enough to comfortably accommodate two beds, making it an ideal setup for a growing family, guests, or additional living space. All kitchen appliances will remain with the home, making it move-in ready.

One of the property's most unique features is the adjoining lot, which is included in the sale. According to discussions with Planning & Zoning, it is believed the lot could potentially be separated and built on, providing an excellent opportunity for future development or investment.

Buyers should verify all building possibilities with the appropriate authorities. Whether you're looking to build another home, sell the lot in the future, or simply enjoy the additional yard space, the possibilities are endless. Enjoy relaxing on the inviting front porch while being just a short walk from downtown Franklin, the historic square, local restaurants, community events, and Franklin-Simpson High School activities.

Investors will also appreciate the potential to own a rental property with future development possibilities on the additional lot. Whether you're searching for your first home, an investment opportunity, or a property with room to grow, 231 S. High Street offers outstanding value and endless potential in one of Franklin's most convenient locations.

Monthly Cost Estimate

$1,043/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

231 S High Street

Franklin, KY 42134

Features & Amenities

Interior Features

Attic Access Only

Exterior Features

Covered Front PorchExterior LightsLandscapingMature Trees

Property Details

Flooring

CarpetHardwood

Pool Features

Porch

Heating

Forced Air

Cooling

ElectricCentral Air

Appliances

Smoke Detector(s)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 231 S High Street is listed at $195,000 ($152/sqft). The estimated monthly payment is $1,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.20 acre lot, 2 stories. Interior Features: Attic Access Only. Exterior Features: Covered Front Porch, Exterior Lights, Landscaping.

This property is listed by Joseph Rafferty and can be reached at 2703490093.

JR

Joseph Rafferty

Agent at Keller Williams First Choice R

(270) 349-0093

Listed by Keller Williams First Choice R · View on Broker Site

MLS# RA20263968· Source: listhub· 3 days on market

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

231 S High Street, Franklin, KY 42134

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