$2,000,000
- 12 Beds
- 11 Baths
- 6,248 Sq Ft
338 Summer St, Franklin, MA 02038
Jason Kulik Horvath & Tremblay
$2,000,000
338 Summer St, Franklin, MA 02038
Jason Kulik Horvath & Tremblay
$1,100,000
153 E Central St, Franklin, MA 02038
Spencer Smith Horvath & Tremblay
Franklin, Massachusetts, named after Benjamin Franklin, is a suburban area with a population of about 33,000 residents. Located 40 miles from Boston and Worcester, and 30 miles from Providence, Franklin maintains a small-town feel with a modest downtown district and long-standing traditions like the Annual Harvest Festival. The Franklin Public School District is highly rated, and high school students can apply for the Franklin Arts Academy or participate in Division 1 sports. Dean College, a private four-year university, is also located in Franklin. The town features a mix of colonial, raised ranch-style houses, bungalows, townhouses, and condo buildings, with homes primarily built in the late-19th and early-20th centuries.
Franklin offers a variety of things to do, including performances at the Black Box performing arts theater and the Dean College Main Stage Theater. The Franklin School of Performing Arts also hosts productions. Outdoor enthusiasts can explore the Franklin State Forest, DelCarte Conservation Area, and the Southern New England Trunkline Trail, which connects Franklin with nearby towns. Main Street features locally owned cafes, restaurants, and shops, while larger shopping centers are located off West Central Street. Interstate 495 provides easy access to Boston and Worcester, and commuter rails reach Boston’s South Station in about an hour. The overall crime rate in Franklin is lower than the statewide rate, and winters can be snowy, requiring residents to shovel their sidewalks within 12 hours of snowfall.
On average, homes in Franklin, MA sell after 28 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, MA over the last 12 months is $620,000, up 5% from the median home sale price over the previous 12 months.
In Franklin, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,100,000 to $2,000,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Franklin is $609,900, while the average sale price is $656,616, offering insights into the local housing market. On average, multi-family homes spend 28 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Franklin, MA.