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Waterfront Duplex
New
For Sale
$190,000

301 S High Street, Franklin, VA 23851

Multi Family Residential, Over/Under, Franklin, VA

Property Size2,500 SF
Price / SF$76
Days on Market6

Property Features for 301 S High Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Subdivision ALL OTHERS AREA 67
Elementary school S.P. Morton Elementary
Middle school Joseph P. King Jr. Middle
Standard status Active
Size 2,500 SF

Taxes and HOA fees

Tax Annual Amount 1627

Utilities

Water front features Waterfront

Building Details

Year built 1900
Roof type Shingle
Architectural style Other
Listing Agency: North End Realty Group
Listed By: Jason Houser
Added: Aug 17 Changed: Aug 19 Last Checked: Aug 22 at 6:06PM
MLS# 10648315

Copyright © 2026 Real Estate Information Network, Inc. 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.

Located at 301 S High Street in Franklin, Virginia, this over-under duplex contains 2,500 square feet and was built in 1900. The property includes a shingle roof and waterfront features, with an R2 zoning designation.

Both units are currently rented to long-term tenants, providing an existing residential income configuration for an investor or owner seeking an occupied multifamily asset. The property is identified within the Franklin, VA market and carries a 23851 ZIP code.

Key Highlights

  • Over‑under duplex with 2,500 square feet
  • Both units are fully rented to long‑term tenants
  • R2 zoning designation

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Restaurant Building Supply Storage Facility HVAC Service

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

424
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
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Frequently Asked Questions

What type of property is this?
Duplex - R2-zoned income property with established occupancy and waterfront features.
Where is this duplex located?
The property is located at 301 S High Street Franklin, VA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Over‑under duplex with 2,500 square feet; Both units are fully rented to long‑term tenants; R2 zoning designation
More about this property
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