Franklin Homes under $400,000

Welcome to Franklin, a charming city nestled in the heart of Tennessee, where history meets modern living! Known for its picturesque Main Street, Franklin boasts a delightful blend of antebellum architecture and contemporary amenities. With its rich cultural heritage, vibrant arts scene, and a warm community spirit, it’s no wonder that Franklin has become a sought-after destination for families and individuals alike.

One of the most appealing aspects of Franklin is its diverse housing market, particularly for those looking for homes under $400,000. This price range opens the door to a variety of options, from cozy bungalows to spacious townhomes, all set against the backdrop of Franklin’s stunning landscapes. Whether you’re a first-time homebuyer or looking to downsize, you’ll find charming properties that fit your budget without compromising on quality or style.

Living in Franklin means enjoying a lifestyle filled with outdoor activities, local festivals, and an array of dining and shopping options. The city is home to beautiful parks, scenic walking trails, and a welcoming community that hosts events year-round, from farmers’ markets to music festivals. Plus, with excellent schools and a strong sense of community, Franklin is an ideal place to raise a family.

With homes under $400,000, you can embrace the Franklin lifestyle without stretching your budget. Explore the possibilities today and discover why so many are choosing to call this vibrant city home! Your dream home in Franklin awaits!

Newest Franklin Homes under $400,000

$249,900

1 Beds ⋅ 1 Baths ⋅ 3630201 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

One level condo on the main floor of the building. One bedroom, one bath, living room/eating area, kitchen. Unit has been completely remodeled with new flooring, new appliances, ceiling fans, light fixtures, counter tops, cabinets, backsplash, all new bathroom design with new fixtures and vanity. Balcony overlooks level green space. This complex is across the street from a major walking trail that goes to the new Bicentennial Park, Pinkerton Park to the south, and all the way to Fieldstone Farms to the north. Walk to Main St, shopping, churches, schools, restaurants, and other parks nearby. Special financing for first time home buyers as well as seasoned buyers.

613 Hillsboro Rd Unit A14, Franklin

$389,900

3 Beds ⋅ 2 Baths ⋅ 3630053 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 37064 Zip Code

Move-in ready townhome on a corner lot in the heart of Franklin! This home has an open, spacious layout, and the back of the property opens to green space lined with mature trees. Step outside to a private, fenced back patio with newly installed pavers and easy access to more green space behind the home. Smart home features include smart light switches and a Nest thermostat. Less than 1.5 miles from Historic Downtown Franklin’s public square and close to the Williamson County Recreation Center, the Harpeth River walking trail, Franklin High School, Starbucks, and a variety of restaurants and shopping. HOA fee includes water and trash!

1407 Granville Rd, Franklin

$359,900

2 Beds ⋅ 1 Baths ⋅ 3629950 MLS ⋅ ACTIVE Status ⋅ 0.28 Acres ⋅ 37064 Zip Code

Welcome to 100 Partnership Circle! Here's your chance to own an beautifully updated, move-in-ready home in Franklin at an incredible price! As the lowest priced 2 bedroom detached home in Franklin, this charming 2 bedroom, 1 bathroom, 952 sq ft home offers an incredible opportunity to enjoy everything Williamson County has to offer without breaking the bank. Step inside and you'll immediately notice the new luxury vinyl plank flooring and updated lighting throughout, giving the home a fresh, modern feel. The beautifully upgraded kitchen features a striking contrast of freshly painted black lower cabinets and crisp white upper cabinets, complemented by new granite countertops, stainless steel appliances, sleek black fixtures, and matching hardware. The bathroom has been thoughtfully updated to match, featuring a black vanity, new granite countertop, updated lighting, and modern black fixtures. A new water heater adds even more peace of mind. Outside, you'll love the possibilities offered by the spacious .28 acre lot, complete with a fenced patio area perfect for relaxing or entertaining, a storage shed, and a newly installed gravel driveway with parking for 3 to 4 vehicles. And best of all, NO HOA! Located within the highly sought-after Williamson County school district, you're just minutes from historic downtown Franklin, beautiful parks, walking trails, shopping, dining, and convenient highway access. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this Franklin gem is an opportunity you won't want to miss. Welcome home! Qualified buyers can receive non-repayable grant funds up to $15k. Contact, Monty Austell, with Old National Bank 615-972-4988, income restrictions apply.

100 Partnership Cir, Franklin

$258,155

3 Beds ⋅ 2 Baths ⋅ 3627483 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 42134 Zip Code

MOVE-IN READY!!! The Spruce is single level living at its finest with a secondary bedroom wing featuring two large bedrooms and a convenient hall bath separate from the rest of the home. Off the garage is an arrival area, a large coat closet, and laundry room. The heart of this home is the living area -- large and inviting, and running the entire rear of the home, its open-concept design keeps it airy and filled with light. The kitchen features a large island with room for seating, while a cozy eating area provides space for sit-down meals. Off the main living area but still private, the owner’s bedroom is large and accommodating while still feeling tucked away, and features a private bath and walk-in closet. Special incentives available with use of Preferred Lender.

202 Memphis Dr, Franklin

601 Boyd Mill Ave Unit Unit Q1, Franklin

$240,000

1 Beds ⋅ 2 Baths ⋅ 3627410 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

Historic Franklin living in a location that’s hard to beat! Welcome to Laurelwood, a pet-friendly community featuring a swimming pool, tennis and pickleball courts, and a clubhouse. Located next to Jim Warren Park, you’ll enjoy easy access to walking trails, green space, playgrounds, and ball fields. Just minutes from historic Downtown Franklin’s charming shops, restaurants, and year-round events, this location offers convenience and walkability surrounded by beautiful, established neighborhoods. The HOA covers exterior maintenance, grounds maintenance, recreational facilities, water, sewer, and trash service for easy, low-maintenance living. Whether you’re looking for a primary residence, lock-and-leave retreat, or long-term investment property, this is a fantastic opportunity to enjoy the Franklin lifestyle at an exceptional value!

601 Boyd Mill Ave Unit Unit Q1, Franklin

$229,900

1 Beds ⋅ 1 Baths ⋅ 3626837 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 37064 Zip Code

Affordable Franklin Living + Investment Opportunity A rare opportunity to own in Franklin at an affordable price! This 1-bedroom, 1-bath condo offers 705 square feet of comfortable living space in a convenient location just minutes from shopping, dining, and everything Franklin has to offer. Whether you’re a first-time buyer looking for an affordable way to call Franklin home, downsizing, or an investor looking to add to your rental portfolio, this property offers plenty of potential. With a price point that’s increasingly hard to find in Franklin, this is a great opportunity for both homeowners and investors alike. Two similar units are available, creating the potential to purchase one or expand your investment with both.

613 Hillsboro Rd Unit A13, Franklin

$259,900

2 Beds ⋅ 1 Baths ⋅ 3626838 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 37064 Zip Code

PRICED TO SELL! Unit has been updated to central heat and air. Attention Investors or anyone wanting Franklin for under $300k! Longterm AirBnb eligible 30 days or more. Beautifully renovated 2-bedroom condo right in the heart of Franklin! This is a rare opportunity to own a lower-level unit just minutes from Historic Downtown Franklin. The kitchen features modern updates with white cabinetry, new backsplash,. You’ll love the light and open layout that flows perfectly into the living area—ideal for entertaining or relaxing after a night out on Main Street. Updated flooring, fresh paint, and a bright, clean feel throughout make this condo truly move-in ready. Private covered patio with great privacy and no upstairs neighbors. HOA covers water, trash, and exterior maintenance. Enjoy an unbeatable location close to coffee shops, restaurants, and shopping. Perfect for an owner-occupant or investor—units rarely come available here!

613 Hillsboro Rd Unit A11, Franklin

$204,900

1 Beds ⋅ 1 Baths ⋅ 3626836 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 37064 Zip Code

613 Hillsboro Rd Unit C16, Franklin

$189,900

2 Beds ⋅ 1 Baths ⋅ 3624897 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 42134 Zip Code

Welcome to 1525 Reeder School Road, a charming country retreat set on a beautiful one-acre lot with mature trees just outside Franklin, KY. Recently updated for modern living, this cozy home features two bedrooms, one full bathroom, and a warm, inviting layout. Inside, you’ll find a comfortable den, an eat-in kitchen with a pantry, and a separate utility room for added convenience. Outdoor living is easy with a covered front porch, a covered side entrance, and a spacious deck perfect for relaxing or entertaining. Located just minutes from downtown Franklin and close to I-65 Exit 6, this home offers quick access to Bowling Green and Nashville while maintaining peaceful country charm. Schedule your private showing today!

1525 Reeder School Rd, Franklin

$382,000

3 Beds ⋅ 3 Baths ⋅ 3624367 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 37064 Zip Code

Located minutes from Downtown Franklin, this 3BD 2.5BA townhome in Hardison Hills is easy convienient Franklin living! Over 1,400 sqft of living space - a bright living room greats you with a cozy fireplace, arched feature lets you see the living space from kitchen, dedicated dining room separate from the kitchen and half bath on main level. All the bedrooms located on the 2nd floor with elevated ceilings in primary bedroom. 2nd full bath on second level. Private fenced yard outdoor patio. Community offers pool

1101 Downs Blvd Unit 243, Franklin

$249,999

2 Beds ⋅ 2 Baths ⋅ 3623719 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

Seller is highly motivated and priced to Sell - Bring us an Offer! Discover stress free living in one of Franklin’s most convenient locations with this beautiful condo offering a great layout, generous living space and a two bedrooms. Unbeatable location with sidewalks to downtown Franklin, quick access to Pinkerton Park, nearby restaurants, shopping, Cool Springs, I65 and an easy drive to downtown Nashville. The HOA covers water, sewer, trash, lawn, shrub care, exterior maintenance and insurance. Plus enjoy access to a pool, tennis courts, a playground, and grassy areas for pets. Dedicated parking spaces for your convenience and visitor parking. Whether you are a first time buyer, downsizing, or looking for a turnkey investment with rental flexibility, this home delivers an easy, low maintenance lifestyle in the heart of Franklin. (Sold as is where is at this price)

1011 Murfreesboro Rd Unit K4, Franklin

$399,900

2 Beds ⋅ 2 Baths ⋅ 3623501 MLS ⋅ ACTIVE Status ⋅ 0.48 Acres ⋅ 37064 Zip Code

Bring your architect, designer and builder to this large level lot and make your dream home a reality just about a mile from the square in Historic Downtown Franklin. Walk to Hank's coffee and Pueblo Real. Don't miss this great opportunity Builders, here is a lot you've been looking for. no HOA

624 Eastview Cir Unit A, Franklin

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

Franklin Homes under $400,000

Newest Franklin Homes under $400,000

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