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New Construction Duplex
New
For Sale
$399,900

305 McGoodwin Avenue, Franklin, KY 42134

Multi-Family, Franklin, KY

Property SizeContact for details
Lot Size0.29 Acres
Days on Market2

Property Features for 305 McGoodwin Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 4
Parking features Garage
Patio and Porch features Patio
Interior features Attic Storage, Tray Ceiling(s)
Exterior features Outdoor Lighting, Patio
Elementary school Franklin Simpson
Middle school Franklin Simpson
High school Franklin Simpson
Directions Head north on S Main St toward Scottsville Rd, Turn right onto E Madison St, Turn left onto Railroad St, Turn right onto McGoodwin Ave,destination will be on the left.Turn right onto S Main St0.4 mi, Turn right onto E Washington St0.1 mi, Turn left onto N Railroad St?381 ft, Turn right onto McGoodwin Ave, Destination will be on the left.
Subdivision Simpson County
Standard status Active
Lot size 0.29 Acres

Building Details

Year built 2026
Number of units 2
Additional Structures Storage
Listing Agency: Keller Williams First Choice R · Keller Williams Realty
Listed By: Kelsey Murray · License #223557
Added: Sep 11 Last Checked: Sep 12 at 1:06PM
MLS# RA20265539

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.

Investment Insights

Based on property information with market context.

Under construction for completion in 2026, this duplex contains two matching two-story residences. Each unit provides 1,106 square feet with three bedrooms, 2.5 bathrooms, an open living and kitchen arrangement, and a one-car garage. Interior details include attic storage and tray ceilings, while each residence also has a patio and outdoor lighting.

The property occupies 0.29 acres at 305 McGoodwin Avenue in Franklin, Kentucky, within Simpson County. The unit configuration, separate garage parking, and low-maintenance exterior features create a straightforward setup for residential income ownership or an owner-occupant arrangement, as supported by the two-unit design.

Key Highlights

  • Two‑unit duplex under construction with a 2026 year built
  • Each residence offers 1,106 square feet, 3 bedrooms, and 2.5 bathrooms
  • Matching two‑story unit layouts with open living and kitchen areas

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Bakery Furniture & Home Goods Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 42134, KY

18,881
Population
8,138
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
89%
High-School Grad
212.7 sq mi
ZIP Area
89
Density / Sq Mi
$55,347
Median Household Income
$36,557
Median Earnings
$1,002
Median Rent
$193,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story residential income property with matching layouts, private garages, patios, and three-bedroom units.
Where is this duplex located?
The property is located at 305 McGoodwin Avenue Franklin, KY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex under construction with a 2026 year built; Each residence offers 1,106 square feet, 3 bedrooms, and 2.5 bathrooms; Matching two‑story unit layouts with open living and kitchen areas
More about this property
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