305 4th Ave S, Franklin, TN 37064
305 4th Ave S, Franklin, TN 37064, for sale at $1,999,999 ($518/sq ft). 4 bd · 3 ba · 3,860 sqft · $518/sqft · 0.31 ac.
305 4th Ave S, Franklin, TN 37064, for sale at $1,999,999 ($518/sq ft). 4 bd · 3 ba · 3,860 sqft · $518/sqft · 0.31 ac.
Rear of the home with a screened porch and a brick paver patio.
For sale · $1,999,999
MLS #3633980 · listed November 6, 2026 · 7 days on market · updated November 8, 2026
4-bed, 3-bath home at 305 4th Ave S in Historic Downtown Franklin, Franklin, 3,860 sqft, $1,999,999 ($518/sqft), by Realty One Group Music City.
305 4th Ave S is a 4-bedroom, 3-bath home in Franklin, TN 37064, offered at $1,999,999, about $518/sq ft across 3,860 sq ft.
At $518/sq ft, this home is about 38% above the Franklin 37064 median list price per square foot of $376.
Recently sold in Franklin 37064: 373 comparable homes from $1,300,000 to $2,688,313, a median of $462/sq ft; this listing at $518/sq ft is about 12% above recent sold prices.
Market read: the Franklin 37064 homes market is balanced as of November 8, 2026, at about 3.6 months of inventory; recent sales have closed near 98.9% of list in the 12 months to November 9, 2026.
All-in, about $12,529/mo at 20% down (7.46% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $1,385/mo, roughly 11% of the all-in monthly payment.
At the current 7.46% 30-year jumbo rate, principal and interest on this home runs about $11,144/mo; at the 6.85% rate of about three months ago it would be roughly $10,484/mo, so monthly P&I is about $660 higher now.
School zone: assigned to Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 305 4th Ave S (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 13, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
An extraordinary opportunity to own a piece of Williamson County history in the heart of Downtown Franklin at a price point that would you allow you to move in turn key or with the wiggle room to make it your own. Just moments from Pinkerton Park and an easy 2 block stroll to Main Street's shops, restaurants, galleries and celebrated community events, this iconic Victorian offers a rare combination of location, architectural character, generous space and possibilities. Set on a spacious corner lot, the home retains an exceptional collection of original details, including soaring ceilings, four functioning fireplaces, pocket doors, transoms, beaded ceilings and custom built-ins. Its historic character provides a beautiful foundation for thoughtful restoration, modern refinement or a completely reimagined vision. Whether envisioned as a distinguished private residence, thoughtfully restored historic home or a property with possibilities beyond traditional residential living, the flexibility here is exceptional. The grounds offer room to further enhance the outdoor experience, with the potential for a private pool, while the detached two-car garage, additional driveway parking and privacy-fenced setting provide even more versatility for a workshop, studio or private workspace. With Downtown Franklin right outside your door, this is your chance to experience the charm, convenience and character that make Franklin so coveted, while creating something truly your own. Historic charm. Unmatched walkability. Endless possibility. This is Franklin.
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a two-story Victorian in Franklin with mauve clapboard siding, tan trim and a mix of metal and shingle roofs. The front has a covered porch with decorative trim, and the rear has a screened porch and a brick paver patio with outdoor seating. A bay window, a tall brick chimney and a wooded setting appear on the side of the home, and a detached two-car garage sits at the back of the lot.
Seen in the photos: covered front porch, screened back porch, bay window, brick chimney, paver patio, detached two-car garage, clapboard siding, gabled dormer.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 305 4th Ave S (reference).
| Date | Event | Price |
|---|---|---|
| Listed | $1,999,999 | |
| Deed recorded | $392,000 |
Listed November 6, 2026, this listing has been on the market 7 days as of November 13, 2026. The asking price has not changed since it was listed.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
305 4th Ave S has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| List price | $1,999,999 | Realtracs MLS #3633980 | |
| Listed for sale | n/a | Realtracs MLS #3633980 | |
| Listing removed | n/a | Realtracs MLS #3205274 | |
| by | Price change | $2,279,000 | Realtracs MLS #3205274 |
| Listed for sale | $2,330,000 | Realtracs MLS #3205274 | |
| Sold (public record) | $392,000 | Public record |
Realtracs listing activity before June 22, 2026 is not in our archive. Recorded sales come from Williamson County public records. "by" marks a date the archive learned after the fact.
Estimated monthly ownership for 305 4th Ave S at $1,999,999: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $1,999,999 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 305 4th Ave S is about $12,529/mo, 20% down on a 30-year fixed at 7.46% (a jumbo loan), including principal & interest $11,144, estimated property tax $652, homeowners insurance $733. Estimate only; not a loan offer.
| Principal & interest | $11,144/mo |
|---|---|
| Property tax (est.) | $652/mo |
| Homeowners insurance (est.) | $733/mo |
| Estimated total | $12,529/mo |
Assumes 20% down, 30-year fixed at 7.46% (Mortgage News Daily, as of November 12, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.46% | $10,071/mo | $11,456/mo | -$1,073/mo |
| 6.96% | $10,602/mo | $11,987/mo | -$542/mo |
| 7.46% | $11,144/mo | $12,529/mo | current |
| 7.96% | $11,696/mo | $13,081/mo | +$552/mo |
| 8.46% | $12,257/mo | $13,642/mo | +$1,113/mo |
Principal & interest on a 30-year fixed at 20% down ($1,599,999 loan), with property tax, insurance held constant at $1,385/mo. Current 30-year fixed 7.46% (Mortgage News Daily, as of November 12, 2026). Estimate only; not a loan offer.
Owning 305 4th Ave S runs about $12,529/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Williamson County appraised value of $1,065,600 trails the $1,999,999 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $4,172 now to roughly $7,830 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100)). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $518 | $377 median | $462 median |
| Price position | 75th pctile | +37% vs median | ~98.9% of list |
| Recent closings | - | - | 373 sales |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 13, 2026.
At $518/sq ft, this home ranks in the 75th percentile of the active homes in Franklin 37064 by price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of November 13, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (Realtracs via IDX).
| Active listings | 384 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 106.7 sales / mo |
| Months of inventory | 3.6 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 homes sold at about 98.9% of list price.
Recorded sales in Franklin 37064 homes: 1163 in the past 12 months.
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source Realtracs via IDX, as of November 8, 2026.
305 4th Ave S sits in Historic Downtown Franklin, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $376 per square foot; inventory in Franklin 37064 homes is running at about 3.6 months, a balanced market; recent sales closed near 98.9% of list price; 373 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 9, 2026.
Approximately 17 miles from downtown Nashville (straight-line distance).
305 4th Ave S is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 305 4th Ave S - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 305 4th Ave S, by price and size.
Listed with Realty One Group Music City. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (November 13, 2026), 305 4th Ave S, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
305 4th Ave S was listed on November 6, 2026 and has been on the market 7 days as of November 13, 2026, per Realtracs.
No. The asking price has been $1,999,999 since it was listed on November 6, 2026.
The listing photos show a two-story Victorian in Franklin with mauve clapboard siding, tan trim and a mix of metal and shingle roofs. Features seen in the photos include covered front porch, screened back porch, bay window, brick chimney, paver patio and detached two-car garage. Described from the Realtracs listing photos.
305 4th Ave S, Franklin is listed at $1,999,999, about $518 per square foot across 3,860 square feet.
4 bedrooms and 3 bathrooms.
About $518 per square foot ($1,999,999 across 3,860 sqft).
305 4th Ave S, Franklin was built in 1900.
Yes, 2 garage spaces, per the listing.
HOA dues are not reported in the listing fields.
305 4th Ave S, Franklin is in the Historic Downtown Franklin subdivision of Franklin.
About $12,529 a month with 20% down on a 30-year fixed at 7.46%, principal and interest $11,144, estimated property tax $652, insurance $733. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
305 4th Ave S, Franklin is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 305 4th Ave S, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $518 per square foot, 305 4th Ave S, Franklin ranks in the 75th percentile of active Franklin 37064 listings by price per square foot, roughly 38% above the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $462 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 homes market is currently balanced, at about 3.6 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of November 8, 2026.
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