Multi-Unit Investment Opportunity in Historic Franklin
Discover this unique property in the heart of Franklin featuring two separate buildings with a total of four individual units, with potential to expand to five units. Each unit offers its own character and functionality with a bright and open feeling.
Two Distinct Buildings: Offers privacy and separation between tenants.
Four Current Units, Five Possible: Income-producing now, with room for additional growth.
Private Entrance: One of the units includes its own dedicated private entry, adding appeal for long-term renters or short-term rental opportunities.
Prime Location: Situated on Natchez Street, you’re just minutes from Franklin’s charming downtown square, restaurants, shopping, and entertainment.
This property combines historic Franklin charm with modern rental potential—perfect for anyone looking to expand their real estate portfolio in Williamson County.
Closed
$815,000
254 Natchez St, Franklin, TN 37064
7beds
5baths
4,586sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$178/sqft
$2,690 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,690/mo
Zestimate® history
Owner options
List your home for rent
$2,690/mo
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$2,690/mo
Rent Zestimate®
Refinance and save
$4,632/mo
Est. payment
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$4,632/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listing Provided by:
Vandale Gentry 615-944-0082,
eXp Realty
Bought with:
Nonmls
Realtracs, Inc.
Nonmls
Realtracs, Inc.
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2988112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 4,586
- Total interior livable area: 4,586 sqft
- Finished area above ground: 4,586
Property
Features
- Levels: One
- Stories: 2
Lot
- Size: 9,234 sqft
- Dimensions: 54 x 171
Details
- Parcel number: 094078G H 03400 00009078G
- Zoning: Residentia
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Franklin
- Subdivision: Downtown
HOA & financial
Other financial information
- Total actual rent: 8350
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $815,000-22.4%$178/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2988112 Report a problem | ||
| 12/15/2025 | Contingent | $1,050,000$229/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2988112 Report a problem | ||
| 10/11/2025 | Price change | $1,050,000-12.1%$229/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2988112 Report a problem | ||
| 9/25/2025 | Price change | $1,195,000-7.7%$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2988112 Report a problem | ||
| 9/3/2025 | Listed for sale | $1,295,000+547.5%$282/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2988112 Report a problem | ||
| 1/27/2016 | Sold | $200,000+207.7%$44/sqft |
Source: Public Record Report a problem | ||
| 3/18/1998 | Sold | $65,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | $2,739 | $100,650 |
| 2021 | $2,739 +16.1% | $100,650 +37.6% |
| 2020 | $2,359 | $73,125 |
| 2019 | $2,359 +2.2% | $73,125 |
| 2018 | $2,308 | $73,125 +49.3% |
| 2017 | $2,308 | $48,975 |
| 2016 | -- | $48,975 +21.8% |
| 2015 | -- | $40,200 |
| 2014 | -- | $40,200 |
| 2013 | -- | $40,200 |
| 2012 | -- | $40,200 |
| 2011 | -- | $40,200 +9.9% |
| 2007 | $1,281 +59.7% | $36,570 +88.7% |
| 2005 | $802 +2.7% | $19,383 |
| 2004 | $781 -4.3% | $19,383 |
| 2002 | $816 | $19,383 |
| 2001 | -- | $19,383 -75% |
| 2000 | -- | $77,531 |
Find assessor info on the county website
Neighborhood: Central Franklin
Nearby schools
GreatSchools rating
- 5/10Johnson Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 7/10Freedom Middle SchoolGrades: 7-8Distance: 1.4 mi
- 7/10Freedom Intermediate SchoolGrades: 5-6Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Johnson Elementary
- Middle: Freedom Intermediate
- High: Centennial High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Williamson County
- Franklin
- 37064
- Central Franklin
- 254 Natchez St
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