Prime Downtown Development
423 Iotla Street Franklin, NC 28734
423 Iotla Street, Franklin, NC, 28734
$895,000
For Sale
$895,000
LAND - Franklin, NC
Lot Size2.41 Acres
Days on Market39
Property Features for 423 Iotla Street
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Partially Wooded
- Standard status
- Active
- APN
- 6595027125
- Lot size
- 2.41 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1572
Utilities
- Utilities
- Water Available
Building Details
- Additional Structures
- Workshop
Listing agency
Realty One Group Vibe
(828) 370-8423
Listed by
Kelly Penland · License #276321
(828) 421-7705
Added: Jun 14 Checked: Jul 22 at 4:06AM
MLS# 26046539
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 2.41-acre property presents a commercial opportunity in downtown Franklin, NC. Located within walking distance of downtown, the gentle parcel is positioned for development. City water, sewer, and Toccoa natural gas are available, and the parcel is off a state-maintained road. Zoned R-1, the site allows for multi-family and single-family homesites. Potential development options include townhomes with a courtyard and dog park, duplex homes with single-level living, or single-family homes or lots. Rezoning for other opportunities is also possible. The property includes a historic two-family home with a full apartment below, featuring large rooms with 11-foot ceilings, historic woodworking details, heart of pine flooring, a terrarium sunroom, and a clawfoot tub. A two-car carport is located nearby. Additionally, there is a 1,100 square foot workshop that could be renovated into another home, storefront, or workshop/storage space. The property is located on Iotla Street.
Key Highlights
- Prime downtown location in Franklin, NC, within walking distance to amenities
- Large 2.41‑acre parcel suitable for development
- City water, sewer, and Toccoa natural gas available
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 2.41-acre parcel near downtown Franklin, NC, with development potential.
Where is this duplex located?
The property is located at 423 Iotla Street Franklin, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Prime downtown location in Franklin, NC, within walking distance to amenities; Large 2.41‑acre parcel suitable for development; City water, sewer, and Toccoa natural gas available