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Franklin Duplex: Investment Opportunity

205 Cobb Street Franklin, VA 23851

Claim this Listing
For Sale
$205,000

MULTI_FAMILY - Other - Franklin, VA

Property size:
1,554 SF
Lot size:
0.20 Acres
Price / SF:
$131/SF
Added:
Jan 11, 2026
Days on Market:
179
Last Refresh:
Jul 9 at 10:06 pm

Property Features for 205 Cobb Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Exterior features
PavedDriveway
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

Utilities

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 agent Brittany Smithers License #0225256882

Listing office EXP Realty LLC 6802 Paragon Pl, Richmond, VA

Listing date Jan 11, 2026

MLS# 2600863 Listing URL

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, located in Franklin, Virginia, presents an investment opportunity. The property features two separate units, each with 2 bedrooms and 1 full bathroom. The building offers approximately 1,554 square feet of living space and functional layouts. Both units are currently vacant, allowing the new owner to place their own tenants, set market rents, or occupy one unit while renting the other. The property offers flexibility for investors looking to add to their portfolio, create a house-hack opportunity, or renovate and maximize value. Situated near local amenities, shopping, schools, and downtown Franklin, this duplex is located on a lot of 0.201 acres.

Key Highlights

  • Duplex with two separate 2‑bedroom, 1‑bathroom units.
  • Strong income potential as a rental property.
  • Vacant units allow for immediate tenant placement or owner occupancy.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage HVAC Service Storage Facility Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Carpet & Flooring Store Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex in Franklin with income potential, near amenities.
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: Duplex with two separate 2‑bedroom, 1‑bathroom units.; Strong income potential as a rental property.; Vacant units allow for immediate tenant placement or owner occupancy.
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