Residential Income

Franklin, VA Residential Income Properties for Sale

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Carrsville, VA Courtland, VA Suffolk, VA Sedley, VA Newsoms, VA Gates, NC Windsor, VA Zuni, VA
Franklin Redevelopment Opportunity Near Highway
Updated: Sep 15, 2025
Franklin Redevelopment Opportunity Near Highway

1333 Carrsville Highway, Franklin, VA 23851

$1,400,000
98,280 sqft 11.00 AC lot
Redevelopment opportunity on 11 acres.
Almost 100,000 sf. of space.
Located near Hwy 58, Franklin plants, and Centerpoint industrial complex.
Suitable for multifamily, flex space, and storage.
Year Built: 1972.
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Duplex with Two Separate 2BR Units
Updated: Jan 11
Duplex with Two Separate 2BR Units

205 Cobb Street, Franklin, VA 23851

$205,000
1,554 sqft 0.20 AC lot
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.
Located in the heart of Franklin, near amenities, shopping, and schools.
Flexible opportunity for investment, house‑hacking, or renovation.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Franklin, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Seven-Unit Residential Income Property
Seven-Unit Residential Income Property

213 W Hayes Street W, Ahoskie, NC 27910

$400,000
1,856 sqft 0.54 AC lot

Seven rental units with a mix of one- and two-bedroom apartments, offered for sale in Ahoskie.

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Two-Unit Duplex Investment Property
Two-Unit Duplex Investment Property

305 E Richard Street, Ahoskie, NC 27910

$225,000
1,647 sqft 0.46 AC lot

Duplex with two separate 2-bedroom, 1-bath units, well suited for investors or owner-occupants seeking rental flexibility.

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Two-Story Mixed-Use Retail Income
Two-Story Mixed-Use Retail Income

200 E Washington St, Suffolk, VA 23434

$1,290,000
0.24 AC lot

Mixed-use property with retail space and 11 residential units across two two-story buildings.

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Apartment Community in Growing City
Apartment Community in Growing City

1000 Meridian Obici Way, Suffolk, VA 23434

Contact for pricing

Class A apartment community in Virginia's rapidly growing Suffolk.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Lot on Meherrin River
Waterfront Lot on Meherrin River

1B LEISURE SHORE RD lot: 1B, Como, NC 27818

$64,500
0.67 AC lot

Residential waterfront lot perfect for fishing and boating.

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Wooded Land in Gates County
Wooded Land in Gates County

Kings Land Court lot: 3, Gates, NC 27937

$59,900
9.35 AC lot

9.35 acre wooded lot in Gates County, North Carolina.

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Residential Lot in Corapeake, NC
Residential Lot in Corapeake, NC

Brinkley Road, Corapeake, NC 27926

Contact for pricing
0.74 AC lot

0.74-acre lot zoned for single family residential use.

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Waterfront Residential Building Lot
Waterfront Residential Building Lot

Riverview Court lot: 10, Winton, NC 27986

$150,000
0.92 AC lot

Waterfront residential lot in Riveredge Subdivision on the Chowan River, with access to shared boat ramp, dock, and pier.

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Off-Market Properties in Franklin, VA

Consider similar Off-Market properties in Franklin, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Franklin, VA 23851
APARTMENT HOUSE (5+ UNITS)

Franklin, VA 23851

$9,500,000
Estimated value
14,436 sqft 9.17 AC lot
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100 Frst Pne Rd
APARTMENT HOUSE (UNDER 5 UNITS)

100 Frst Pne Rd, Franklin, VA 23851-5400

$4,905,000
Estimated value
4,180 sqft 5.13 AC lot
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Franklin, VA 23851
APARTMENT HOUSE (UNDER 5 UNITS)

Franklin, VA 23851

$4,905,000
Estimated value
4,588 sqft 4.32 AC lot
View details
Franklin, VA 23851
APARTMENT HOUSE (5+ UNITS)

Franklin, VA 23851

$645,000
Estimated value
10,344 sqft 6.68 AC lot
View details
Franklin, VA 23851
APARTMENT HOUSE (UNDER 5 UNITS)

Franklin, VA 23851

Value Estimation by Request
7,069 sqft 9.43 AC lot
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Franklin, VA 23851
APARTMENT HOUSE (5+ UNITS)

Franklin, VA 23851

Value Estimation by Request
8,982 sqft 6.76 AC lot
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1511 Clay St
Farms

1511 Clay St, Franklin, VA 23851

Value Estimation by Request
406.00 AC lot
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Morton St
APARTMENT HOUSE (5+ UNITS)

Morton St, Franklin, VA 23851

Value Estimation by Request
6,422 sqft 5.00 AC lot
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331 Bruce St
APARTMENT HOUSE (5+ UNITS)

331 Bruce St, Franklin, VA 23851-1963

Value Estimation by Request
9,072 sqft 4.27 AC lot
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Franklin, VA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Franklin, VA on our real estate platform. These investment opportunities span a total of 99,834 square feet of properties for sale, with an estimated market value of $1,605,000.

Sale prices for residential income properties in Franklin, VA start at $205,000, averaging $802,500, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) +1.7%
Median Household Income $73,333
College Educated 34.9%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23851 $807.5K

Taxes & Financing

Average Loan-to-Value 65.0%

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