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    Franklin, VA
    Residential Income

    Franklin, VA Residential Income Properties for Sale

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    Carrsville, VA Courtland, VA Suffolk, VA Sedley, VA Newsoms, VA Windsor, VA Gates, NC Zuni, VA
    Storefront Mixed-Use Property
    Updated: Oct 13
    Storefront Mixed-Use Property

    1403 SOUTH Street, Franklin, VA 23851

    $399,000
    6,650 sqft 0.17 AC lot
    Upstairs apartment includes 3 bedrooms, a bathroom, living room, den, and kitchen
    Two storefront spaces; one is occupied and the other is vacant
    0.17‑acre parcel zoned B1
    New heating and cooling equipment throughout the building
    Near shopping, restaurants, and Walmart
    View details
    Two-Unit Duplex
    Updated: Aug 17
    Two-Unit Duplex

    301 S High Street, Franklin, VA 23851

    $190,000
    2,500 sqft
    Two residential units in an upper‑and‑lower configuration
    2,500 square feet of living space
    Both units occupied by long‑term tenants with rental income in place
    R2 zoning
    Built in 1900; shingle roof
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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    1403 South St, Franklin, VA 23851

    $399,000
    6,650 sqft

    An upstairs apartment sits above two storefronts, with one commercial space currently vacant.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Multifamily Property
    Multifamily Property

    301 S High St, Franklin, VA 23851

    $190,000
    2,500 sqft

    Multifamily building with an established early-20th-century construction date.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 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.

    Brick Duplex with Separate Units
    Brick Duplex with Separate Units

    305 E Richard Street, Ahoskie, NC 27910

    $225,000
    1,647 sqft 0.46 AC lot

    Two apartment units offer a practical layout for residential income use or owner occupancy.

    View details
    2-Unit Duplex Property
    2-Unit Duplex Property

    305 E Richard St, Ahoskie, NC 27910

    $225,000
    1,647 sqft

    Two separate apartments offer a practical layout for rental use or owner occupancy.

    View details
    Mixed-Use Property With Apartments
    Mixed-Use Property With Apartments

    158-160 W. Washington Street |, Suffolk, VA 23434

    Contact for pricing
    2,932 sqft

    First-floor professional offices include private rooms, a conference area, kitchenette, and multiple restrooms.

    View details
    Triplex With Conversion Potential
    Triplex With Conversion Potential

    301 S Broad St, Suffolk, VA 23434

    $199,999

    Three-unit residential property near dining and shopping, with flexibility for renovation and reconfiguration.

    View details

    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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    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.

    View details
    Waterfront Residential Building Lot
    Waterfront Residential Building Lot

    River Bluff Drive lot: 12, Winton, NC 27986

    $150,000
    1.10 AC lot

    Waterfront residential building lot in Riveredge Subdivision with access to a shared boat ramp, dock, and floating pier.

    View details
    Waterfront Residential Building Lot
    Waterfront Residential Building Lot

    River Bluff Drive lot: 13, Winton, NC 27986

    $150,000
    0.70 AC lot

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

    View details

    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

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

    100 Frst Pne Rd, Franklin, VA 23851-5400

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

    Franklin, VA 23851

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

    Franklin, VA 23851

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

    Franklin, VA 23851

    Estimated value:
    $300,000
    7,069 sqft 9.43 AC lot
    View details
    Franklin, VA 23851
    APARTMENT HOUSE (5+ UNITS)

    Franklin, VA 23851

    Estimated value:
    $365,000
    8,982 sqft 6.76 AC lot
    View details
    1511 Clay St
    Farms

    1511 Clay St, Franklin, VA 23851

    Estimated value: by Request
    406.00 AC lot
    View details
    Morton St
    APARTMENT HOUSE (5+ UNITS)

    Morton St, Franklin, VA 23851

    Estimated value:
    $395,000
    6,422 sqft 5.00 AC lot
    View details
    331 Bruce St
    APARTMENT HOUSE (5+ UNITS)

    331 Bruce St, Franklin, VA 23851-1963

    Estimated value:
    $320,000
    9,072 sqft 4.27 AC lot
    View details

    Franklin, VA Residential Income Properties Market Trends and Statistics

    Explore 13 residential income properties for sale in Franklin, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,300 square feet of properties for sale, with an estimated market value of $1,178,000.

    Sale prices for residential investment properties in Franklin, VA start at $190,000, averaging $294,500, and reaching up to $399,000 — 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 $190K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Franklin, VA

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    Most Searched ZIP Codes in Franklin, VA

    • 23851

    Featured Franklin Real Estate Agencies

    Realmo connects you with licensed Franklin CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Gold Market Realty, Inc.
    1393 Armory Drive Franklin, VA 23851
    Phone: (757) 562-2295
    goldmarketrealty.com
    RE/MAX Country to Coast
    510 N Main Street Franklin, VA
    Phone: (757) 704-4472
    Country to Coast Real Estate LLC
    510 North Main St Franklin, VA 23851
    Phone: (757) 704-4472
    country-to-coast-franklin-va.remax.com/
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