406 Natchez Street, Franklin TN 37064
Exceptional Investment Opportunity in the heart of Franklin, Tennessee! Priced Below Tax Total Appraisal, this is a rare chance to own a highly versatile property in one of Franklin’s most sought-after locations, just minutes from the walkable core of Historic Downtown Franklin. This unique property features a main house (approx. 1,809 sq. ft.) alongside a detached, 2-bedroom income-producing cottage build (approx. 621 sq. ft.) that is currently leased, providing immediate cash flow. This property is Zoned Office and Residential. Sold As-Is to reflect its current condition, this property p
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Franklin
This property is offered at $312 per square foot, compared with a $331 median for active 2-bedroom homes in Franklin. Its asking price falls near the 62nd percentile of that active group. The comparison uses 109 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 39 days, while the current cohort averages 52 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $669,000, and the median is $498 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1119 Park St | May 27, 2026 | 2 bd · 692 sqft | $325,000 | 0.1 mi |
| 1129 W Main St | Jun 12, 2026 | 3 bd · 1,323 sqft | $392,500 | 0.1 mi |
| 1319 W Main St | Jun 25, 2026 | 1 bd · 524 sqft | $210,000 | 0.2 mi |
| 1172 Brookwood Ave | Jul 12, 2026 | 2 bd · 1,058 sqft | $413,000 | 0.3 mi |
| 210 Battle Ave | Sep 10, 2026 | 3 bd · 2,837 sqft | $1,600,000 | 0.3 mi |
| 316 11th Ave, N | Jun 22, 2026 | 4 bd · 2,184 sqft | $1,150,000 | 0.4 mi |
| 115 Battle Ave | Aug 7, 2026 | 2 bd · 1,228 sqft | $925,000 | 0.4 mi |
| 326 Fairpark Ct | Jul 8, 2026 | 4 bd · 3,257 sqft | $1,925,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
- $564,900 · Active
Location reference points
How this address sits within the Franklin area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester53.3 miles straight-line · roughly 95 driving minutes
- Downtown Manchester53.6 miles straight-line · roughly 96 driving minutes
- Downtown Tullahoma53.7 miles straight-line · roughly 96 driving minutes
- Arnold Air Force Base57.5 miles straight-line · roughly 103 driving minutes
- Tims Ford Lake60.1 miles straight-line · roughly 107 driving minutes
Continue comparing
Similar active homes in Franklin
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Franklin homes for sale · See the Franklin market report