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Franklin, VA Multifamily Homes & Duplexes for Sale

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  • 205 Cobb St, Franklin, VA 23851
    205 Cobb St, Franklin, VA 23851
    205 Cobb St, Franklin, VA 23851
    /7

    $175,000

    • 1,554 Sq Ft

    205 Cobb St, Franklin, VA 23851

    Great investment opportunity, don’t let this one get away! Duplex has 2 bedrooms and 1 bath in each unit. One unit is tenant occupied (month-to-month leases) and the other unit is vacant. Sold as-is.

    Sonya Davis Summit Realty Group LLC

    205 Cobb St, Franklin, VA 23851
  • 322 Clay St, Franklin, VA 23851
    322 Clay St, Franklin, VA 23851
    322 Clay St, Franklin, VA 23851
    /21

    $99,900

    322 Clay St, Franklin, VA 23851

    Great opportunity for a Income producing duplex on Clay Street in Franklin. Convenient to downtown as well as the other areas of the city, employment, hospital, shopping and communting. Converted Single Family Home. The front and upstairs is one unit and the back rear is 2nd unit. Nice lot that runs from Clay Street to the alley in the rear. Near the city park and dog park.

    S Dane Scott Scott & Assoc. Inc. Realtors

    322 Clay St, Franklin, VA 23851
  • 200 Summit Path, Franklin, VA 23851
    200 Summit Path, Franklin, VA 23851
    200 Summit Path, Franklin, VA 23851
    /16

    $255,250 Open Sat 12PM - 4PM

    • 3 Beds
    • 2.5 Baths
    • 1,442 Sq Ft

    200 Summit Path, Franklin, VA 23851

    Finally, a new townhome community in Franklin! The Summit offers simplicity and a quiet lifestyle along with the pride of ownership! Ease of living, ease of options, and easy to call it home! The Poplar floorplan checks all the boxes. The ONLY new affordable 2-story town homes with 3 bedrooms, 2.5 bathrooms, 1-car garages and private yards w/ an included patio! This open concept 1st floor

    Jennifer Lovell BHHS RW Towne Realty

    200 Summit Path, Franklin, VA 23851
  • 108 Summit Path, Franklin, VA 23851
    108 Summit Path, Franklin, VA 23851
    108 Summit Path, Franklin, VA 23851
    /16

    $233,105 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,442 Sq Ft

    108 Summit Path, Franklin, VA 23851

    Finally, a new townhome community in Franklin! The Summit offers simplicity and a quiet lifestyle along with the pride of ownership! Ease of living, ease of options, and easy to call it home! The Poplar floorplan checks all the boxes. The ONLY new affordable 2-story town homes with 3 bedrooms, 2+ bathrooms, 1-car garages and private yards! Plus, ALL appliances are included!

    Jennifer Lovell BHHS RW Towne Realty

    108 Summit Path, Franklin, VA 23851
  • 241 Summit Path, Franklin, VA 23851
    241 Summit Path, Franklin, VA 23851
    241 Summit Path, Franklin, VA 23851
    /16

    $239,990 Open Sat 12PM - 4PM

    • 3 Beds
    • 2.5 Baths
    • 1,442 Sq Ft

    241 Summit Path, Franklin, VA 23851

    The brand-new MOVE-IN READY home is available NOW! We are the ONLY new affordable 2-story townhomes with 3 bedrooms, 2+ bathrooms, 1-car garages and private yards. Near everyday conveniences, plus this home includes all appliances. We pride ourselves on making homeownership as easy as 1, 2, 3. This home has an open kitchen with stainless steel appliances, a kitchen island and upgraded quartz

    Jennifer Lovell BHHS RW Towne Realty

    241 Summit Path, Franklin, VA 23851
Virginia Franklin City County Franklin

Multi-Family Homes & Duplexes for Sale in Franklin, VA

Why Live in Franklin

Franklin, an independent city in southeast Virginia, has a rich history dating back to the 19th century when it served as a railroad stop. Located in the western Tidewater region along the Blackwater River, Franklin is surrounded by wetlands and farmland. Major employers in the area include Bon Secours Southampton Medical Center, Paul D. Camp Community College, and an international paper mill. The city is approximately 22 miles from Suffolk, 45 miles from Norfolk, and 27 miles from the North Carolina border. Downtown Franklin Historic District is the community's hub, featuring florists, bakeries, shops, and eateries like Fred’s Restaurant and Wydia’s Bistro. Franklin’s Market offers fresh produce and bakery items twice a week. Housing options range from historic craftsman and American foursquare homes to contemporary residences with large yards. Commuters can access Suffolk and Norfolk via U.S. Route 58, and public transportation for seniors is available through the Department of Aging Services. Barrett’s Landing Park provides scenic views of the Blackwater River, fishing, and boating access, while Armory Drive Recreational Park offers sports fields, playgrounds, and a swimming pool. The Dr. Martin Luther King, Jr. Community Center and Cypress Cove Country Club are also popular destinations. Franklin hosts annual events like the Franklin Fall Festival, Christmas Parade, and Downtown Boo Bash. However, residents should be aware that the paper mill can sometimes produce an odor that permeates the town.

Learn more about living in Franklin

Home Trends in Franklin, VA

On average, homes in Franklin, VA sell after 67 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, VA over the last 12 months is $340,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$350,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
4
Last 12 months Home Sales
79
Months of Supply
0.60
Median List Price
$339,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home

In Franklin, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $99,900 to $255,250, there's a range to accomodate every budget. As of July, 2025 the median home price in Franklin is $339,990, while the average sale price is $321,633, offering insights into the local housing market. On average, multi-family homes spend 67 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, VA.

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