Listing Agency: VA Realty Professionals Show Phone

Listed By: Laura McGuire Show Phone

Source: Exprealty

Added: Aug 27 Changed: Sep 13 Last Checked: Sep 12 at 4:02PM

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Investment Insights

Based on property information with market context.

Located at 318 Clay St in Franklin, Virginia, this duplex contains two separate residential units. Each unit includes two bedrooms and one bathroom, with individual layouts that allow the residences to function independently.

The configuration supports several occupancy approaches, including leasing both units, living in one while renting the other, or accommodating multiple generations. The property is situated near local shopping, dining, and major routes, adding everyday convenience for residents.

Key Highlights

• Two separate residential units
• Each unit includes 2 bedrooms and 1 bathroom
• Individual layouts provide separate living configurations

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Storage Facility

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

466

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two separately configured residences offer flexibility for rental use, multigenerational living, or owner occupancy.

Where is this duplex located?

The property is located at 318 Clay St Franklin, VA.

What is the asking price?

The asking price for this property is $129,000.

What are key features of this property?

This property features: Two separate residential units; Each unit includes 2 bedrooms and 1 bathroom; Individual layouts provide separate living configurations