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    916 W Madison St Franklin, KY 42134

    For Sale
    $129,900

    Multi-Family - Franklin, KY

    Type:Multi Family
    Lot size:
    0.84 Acres
    Days on Market:
    141
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 916 W Madison St

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    012-00-08-026
    Lot size
    0.84 Acres

    Building Details

    Architectural style
    Other

    Mills Real Estate & Auction (270) 618-7800

    Listing agent Michael Wilson (270) 618-7800 License #276274

    Listing date Jul 21, 2025

    MLS# RA20254183 Listing URL

    Copyright © 2025 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.

    Overview

    Franklin, KY Multi-Family Lot

    This 0.84-acre lot is located in Franklin, KY, just off the square, and is surrounded by multi-family developments. The lot splits the R2 and R3 zoning lines. A new survey and plat have been completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Simpson
    State
    Kentucky
    Longitude
    -86.5937
    Latitude
    36.717768

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    FAQs

    What type of property is this?
    Land - Multi-family building lot near the square in Franklin, KY.
    Where is this land located?
    The property is located at 916 W Madison St Franklin, KY.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: - Excellent multi-family building lot; - Located in Franklin, KY; - Just off the square in Franklin
    (270) 618-7800
    Request Owner's contact information
    916 W Madison St Franklin, KY 42134
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    Franklin, KY 42134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    916 W Madison St Franklin, KY 42134
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