Search
Duplex With One Vacant Unit
For Sale
$205,000

205 Cobb Street, Franklin, VA 23851

ResidentialIncome, Franklin, VA

Property Size1,554 SF
Lot Size0.20 Acres
Price / SF$131.92
Days on Market237

Property Features for 205 Cobb Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R2
Parking features Driveway
Exterior features PavedDriveway
Subdivision Franklin
Elementary school S P Morton
Middle school J P King
High school Franklin
Standard status Active
APN 121-059-141
Size 1,554 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 141 P R CAMP PLAT 205 & 207 COBB ST 121-(059)-141
Tax Annual Amount 1171
Legal Description LOT 141 P R CAMP PLAT 205 & 207 COBB ST 121-(059)-141

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 2
Building materials Concrete, VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Brittany Smithers · License #0225256882
Added: Jan 11 Changed: Aug 25 Last Checked: Sep 5 at 11:06AM
MLS# 2600863

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains 1,554 square feet across two residential units, with each unit offering two bedrooms and one full bathroom. The property was built in 1952 and features concrete and vinyl siding, a shingle roof, a paved driveway, and driveway parking. Public water and public sewer serve the property.

The left unit is occupied under a lease extending through January 2027. The right unit is vacant, providing an immediately available unit for a new tenant or owner occupancy. The property sits on 0.201 acres at 205 Cobb Street in Franklin, Virginia, near shopping, dining, schools, and other local amenities. Showings of the occupied unit require appropriate notice, with 24 hours recommended.

Key Highlights

  • Two‑unit duplex with 1,554 square feet of building area
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Left unit leased through January 2027

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 23851, VA

13,258
Population
6,063
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
108.7 sq mi
ZIP Area
122
Density / Sq Mi
$73,333
Median Household Income
$42,841
Median Earnings
$1,006
Median Rent
$222,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - One unit is leased through January 2027, while the other is available for occupancy or new tenancy.
Where is this duplex located?
The property is located at 205 Cobb Street Franklin, VA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,554 square feet of building area; Each unit includes 2 bedrooms and 1 full bathroom; Left unit leased through January 2027
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message