Backup offers
$8,016 Closing Credit¹
#2748388, Chase Leatherwood, Listing Office: Parks Compass
$6,531
closing credit¹
405 N Petway St Franklin, TN 37064
$550,000 List price
$6,531
Closing credit¹
2 beds
1 full
720 sqft
0.1 acres
$764 / sqft
House
Property details
About 405 N Petway St
Welcome to your perfect home in one of Franklin's most sought-after locations! Property is zoned for residential and commercial use making it the perfect investment property for your portfolio, giving you so many options to live, work, or play! Just a short walk or bike ride to the vibrant Downtown Franklin and nestled right next to the scenic Jim Warren Park, this cozy 2-bedroom, 1-bath home offers comfort, convenience, and charm. Step inside to discover brightly painted interiors in a soothing off-white tone, complemented by gleaming hardwood floors throughout. The updated kitchen is a chef's dream with modern quartz countertops and stainless steel appliances, including a refrigerator, range, and built in microwave. The bathroom features a stunning, fully tiled space with a luxurious 3x5 marble shower and frameless glass door for a spa-like experience. With approximately 750 sq. ft. of thoughtfully designed living space, this home includes a living room, kitchen, and a utility closet for added convenience. Stay comfortable year-round with a newer HVAC system for heating and cooling. The private, fenced backyard is a true oasis, complete with mature trees and a spacious wooden storage shed outfitted with double doors, storage racks, overhead lighting, and power. Enjoy outdoor living with a low maintenance yard space with enough space for the whole family. Don't miss out on this gem and schedule your appointment today!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size720 sqft
Lot size0.15 Acres
Year built1948
ParkingGravel, Kitchen Level, Off Street
MLS #1504960
Summary
- MLS Number: 1504960
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: EXP Realty, LLC
- Office Phone: (888) 519-5113
- Office Email: drew@choicehomes.co
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 6:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$550,000
405 N Petway St
$6,531
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2021 | Home Sold | $286,700 |
| Sep 27, 1995 | Home Sold | $56,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $55,075 | $1,499 |
| 2022 | $55,075 | $1,499 |
| 2021 | $55,075 | $1,499 |
| 2020 | $30,950 | $1,499 |
| 2019 | $30,950 | $977 |
| 2018 | $30,950 | $962 |
| 2017 | $30,950 | $959 |
History based on county public records data.
Nearby schools
6
Johnson Elementary School
Public District PK-4
0.5 mi
•815 Glass Ln
6
Freedom Intermediate School
Public District 5-6
0.6 mi
•840 Glass Ln
8
Franklin Elementary School
Public District PK-4
0.6 mi
•1501 Figuers Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,841. Most Franklin, TN residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
45%
35k-100k
7%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Chico's
Big Lots
Where do the neighbors go to eat?
White Castle
Bob Evans
Golden Corral
What do the neighbors drive?
Chevrolet
Oldsmobile
Kia
What do the neighbors listen to?
Rock
News
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Franklin, TN
About 405 N Petway St
This home is located at 405 N Petway St in Franklin, TN and zip code 37064. This 720 square foot home, which was built in 1948, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $550,000.
Franklin, TN housing market in January 2025 saw over 9 listings sold above listed price, more than 19 sold at listed price and over 67 sold below. The number of homes for sale in Franklin, TN increased by 3.2% between December and January 2025. The median list price of listings available in January 2025 was $900,039, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.