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About This Home

This 3-bedroom, 2-bathroom single family at 506 Millwood Drive in Franklin, KY is listed for $199,850 ($190 per sqft). Built in 1996, the home offers 1,050 sqft of living space on a 0.17 acres lot.

Agent Description

Charming 3-Bedroom Home Near Simpson Elementary! This well-maintained 3-bedroom, 1.5-bath home offers approximately 1,050 sq ft of comfortable living space and numerous recent updates. Improvements include brand-new flooring throughout, a new HVAC system, new windows, a new water heater, fresh exterior pressure washing, and new screens on the back porch—perfect for enjoying the outdoors year-round.

Situated in a quiet, established neighborhood just steps from Simpson Elementary School, this property is currently tenant-occupied and producing income, making it an excellent investment opportunity. It also offers great potential as a starter home or downsizing option with a manageable layout and low-maintenance features. Conveniently located near schools, parks, and local amenities. A turnkey property with strong appeal—don’t miss this opportunity!

Key Features

  • Built in 1996
  • 0.17 acre lot

Property Details

1 full, 1 half
1996

Monthly Cost Estimate

$1,069/mo

20% down · 6.5% · 30 years

Principal$145
Interest$866
Insurance$58

Estimates only. Actual payments may vary.

Location

506 Millwood Drive

Franklin, KY 42134

Millwood

Features & Amenities

Interior Features

None

Exterior Features

Concrete WalksPatioScreened Porch

Property Details

Flooring

Vinyl

Construction

BlockConcrete

Heating

Central

Cooling

Central AirElectric

Questions & Answers

This 3-bedroom, 2-bathroom single family at 506 Millwood Drive is listed at $199,850 ($190/sqft). The estimated monthly payment is $866 based on 20% down at 6.5% interest.

Key features include: Built in 1996, 0.17 acre lot. Interior Features: None. Exterior Features: Concrete Walks, Patio, Screened Porch.

This property is listed by Suzanne Allen and can be reached at 2705352686 or suzanne.allen@crye-leike.com.

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Suzanne Allen

Agent at Crye-Leike Executive Realty

(270) 535-2686

Listed by Crye-Leike Executive Realty · View on Broker Site

MLS# RA20257178· Source: listhub· Updated 104 days ago

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Millwood Drive, Franklin, KY 42134

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