240 4th Ave S, Franklin, TN, 37064
About This Home
Welcome to the cutest little house in Franklin! Experience the rarest of opportunities on prestigious 4th Avenue South. This designer-styled Craftsman cottage, envisioned by architect Bobby McAlpine, offers an unparalleled blend of historic charm and modern sophistication. Located just a block from the heartbeat of Main Street, you are steps away from the South’s most charming boutiques, gourmet dining, and iconic entertainment—yet tucked away in a serene, quiet residential enclave. Framed by a classic white picket fence and a charming front porch, the home’s exterior is an invitation to the meticulous restoration found within. The interior features beautifully refinished hardwood floors and a "Quiet Luxury" aesthetic. The kitchen is a chef’s delight with custom cabinetry and stainless appliances, perfectly complemented by a built-in banquet for intimate morning coffee or casual dining. Relax in the cozy den, which showcases high-end custom built-ins designed for both style and storage. The primary suite is a true sanctuary, featuring a dedicated dressing room that offers the perfect footprint for a high-end walk-in closet conversion. Guests and family will adore the whimsical bunk room with its custom built-in beds—a hallmark of thoughtful design. Every bathroom has been elegantly renovated to meet modern standards while honoring the home's timeless character. Note: The seller is open to including select designer furnishings to allow for a truly turnkey move-in experience. The exterior restoration includes a new roof and fresh paint, and a newly added 2-car garage, which could be converted to a guest house or ADU. Whether you are searching for a permanent residence or a luxury weekend retreat, this Bobby McAlpine masterpiece is move-in ready and truly one-of-a-kind. Schedule your private showing to experience the magic of South 4th Avenue.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Dishwasher,Microwave,Refrigerator,Stainless Steel Appliance(s)
Basement
- Basement: Crawl Space
Bedroom1
- Features: Full Bath
- Level: Full Bath
- Area: 234
- Dimensions: 18x13
Bedroom2
- Area: 99
- Dimensions: 11x9
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Den
- Features: Combination
- Level: Combination
- Area: 169
- Dimensions: 13x13
Features
- Flooring: Wood,Tile
- Finished area above ground: 1,798
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,798
- Total interior livable area: 1,798 sqft
Kitchen
- Area: 182
- Dimensions: 14x13
Living Room
- Area: 312
- Dimensions: 24x13
Master Bathroom
- Features: Suite
- Level: Suite
Other
- Area: 195
- Dimensions: 15x13
Other
- Area: 130
- Dimensions: 13x10
Property
Details
- Parcel number: 094078C G 03400 00009078F
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch,Covered
Lot
- Lot size: 9,147 sqft
- Lot size dimensions: 50 x 190
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,481 | $113,772 |
| Home Insurance | $419 | $5,028 |
| Property Taxes | $3,125 | $37,500 |
| Electricity | $175 | $2,103 |
| Total | $13,200 | $158,400 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-12 | Listed for sale | $1,875,000 |
| 2024-11-22 | Sold | $1,300,000 |
| 2024-11-02 | Contingent | $1,449,000 |
| 2024-10-30 | Price change | $1,449,000 |
| 2024-09-16 | Price change | $1,499,000 |
| 2024-07-09 | Price change | $1,599,000 |
| 2024-06-05 | Listed for sale | $1,699,000 |
| 2006-01-04 | Sold | $450,000 |
| 2001-12-05 | Sold | $240,000 |
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