Franklin NC Apartment
351 Porter Street Franklin, NC 28734
351 Porter Street, Franklin, NC, 28734
$615,000
For Sale
$615,000
COMMERCIAL - Franklin, NC
Property Size5,830 SF
Lot Size0.97 Acres
Price / SF$105.49
Days on Market71
Property Features for 351 Porter Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 7
- Rooms
- Bathroom 5, Bathroom 4, Bathroom 7, Bathroom 2, Bathroom 1, Bathroom 3, Bathroom 6
- Parking features
- Driveway
- Standard status
- Active
- APN
- 6594074911
- Size
- 5,830 SF
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3628
Utilities
- Utilities
- Water Available
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1946
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- Frame
- Roof type
- Wood
Listing agency
Realty One Group Vibe
(828) 370-8423
Listed by
Thomas Evan Harrell · License #280365
(828) 371-5103
Added: May 12 Updated: Jul 12 at 7:35AM Checked: Jul 21 at 9:06PM
MLS# 26047220
Copyright © 2026 Carolina Smokies Association of Realtors. 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 commercial property, situated on approximately one acre in Franklin, North Carolina, is located directly across from the entrance to Franklin High School. The property includes a building with six apartment units, which have been managed to maintain low tenant turnover. The units are typically leased to long-term tenants, and all leases are currently month-to-month. Each unit features painted sheetrock walls, carpeted flooring, average-quality appliances, bathrooms, and kitchens. Ample paved parking is available, with two separate driveways providing access from Porter Street. The property is priced below market value and has a valuation of $650,000 at a 7 percent cap rate. The building has a total size of 5830 square feet. Property valuation details are available upon request.
Key Highlights
- Approximately 1‑acre commercial site in the Town of Franklin, directly across from the entrance to Franklin High School
- Building with 6 apartment units; managed for low tenant turnover, with all units currently on month‑to‑month leases
- Parking includes ample paved spaces for each unit, with 2 separate driveways providing access from Porter Street
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six-unit apartment building near Franklin High School.
Where is this apartment building located?
The property is located at 351 Porter Street Franklin, NC.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Approximately 1‑acre commercial site in the Town of Franklin, directly across from the entrance to Franklin High School; Building with 6 apartment units; managed for low tenant turnover, with all units currently on month‑to‑month leases; Parking includes ample paved spaces for each unit, with 2 separate driveways providing access from Porter Street
