$422,647Average Value$211Average Price per Sq Ft3Homes For Sale
A Roanoke neighborhood named for its convenience
Named for its two arterial streets, Franklin-Colonial is a southwest Roanoke neighborhood brimming with commercial and collegiate convenience. Fast food restaurants, shopping strips and the Tanglewood Mall line four-lane Franklin Road, which also offers a straight shot to downtown Roanoke. A glass skywalk stretches over Colonial Avenue, connecting Virginia Western Community College’s north and south campuses. The Murray Run Greenway is a 2-mile gravel trail that starts at the college and ends at Shrine Hill Park to the west. Residents also have easy access to the Roanoke River Greenway and 568-acre Mill Mountain Park, home of the world’s largest free-standing, man-made star. “This is one of busiest commercial areas in the city,” says Bob Chandler, a real estate agent with MKB Realtors, who has sold several homes in the area. “But it’s actually broken down into a few different subdivisions, so there’s still parts that feel quiet and suburban.”
The Franklin-Colonial neighborhood is primarily residential and has a mixture of house styles.
Mill Mountain Park is home to the Roanoke Star which is a popular attraction.
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Franklin-Roanoke is divided into subdivisions
Homes built between the 1950s and early 2000s line Franklin-Colonial’s hilly roads. Sprawling red-brick ranch styles sit on half-acre lots with Roanoke Star views in the Winding Way community. Windward has beige and vinyl-façade two-bedroom condos just off Ogden Road. Young oak trees and ornamental shrubs dot the grassy front lawns of four-bedroom New Traditional homes on Southwood’s cul-de-sacs. Buying anywhere in Franklin-Colonial typically costs between $250,000 and $650,000, a range similar to a Roanoke home’s average $300,000 selling price.
Franklin-Colonial is a charming neighborhood located in Roanoke, VA.
Franklin-Colonial is a Roanoke, Virginia neighborhood located in southwest Roanoke.
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National retailers at Tanglewood Mall, grocery stores in Towers Shopping Center
Cream tiles and escalators welcome patrons into the two-story Tanglewood Mall, located along the neighborhood’s southernmost point since 1973. TJ Maxx, Burlington and Belk are just a few stores that anchor the 788,600-square-foot shopping center. Residents can catch the latest blockbuster at the AMC Classic, just down the street from the mall’s main building. A neon red and blue “Tap Room” sign hangs over the mahogany bar at Montano’s International Gourmet, an upscale American dinner spot and fresh deli in Franklin Road’s Townside Festival Shopping Center. To the north, Towers Shopping Center on Colonial Avenue has a Fresh Market and Kroger for groceries, plus fast-casual chains like Cava and Chipotle. “Towers is the place for everyday errands in Southwest Roanoke,” says Chandler. “Most people go there at least once a week to get groceries, work out at Planet Fitness or pick up dinner.”
Montano's Restaurant is Franklin Colonial residents favorite one-stop place to dine.
Towers Shopping Center is Franklin-Colonial's most convenient shopping destination.
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Dual enrollment with Virginia Western Community College at Patrick Henry High
Children here can attend Fishburn Park Elementary and James Madison Middle, both of which receive B-minus grades from Niche. Then, they may continue to B-rated Patrick Henry High School, where dual enrollment classes with Virginia Western Community College include calculus, culinary arts and automotive technology.
Red brick and glass buildings fill Virginia Western Community College’s 70-acre campus along Colonial Avenue. Founded in 1966, the school offers 70 associate degree programs, including nursing, early childhood development and IT support. Those who don’t attend the school can still stroll around the Community Arboretum, a 2-acre on-campus flower garden filled with ivy-covered pergolas, pink milkweeds and 700 other plants. “Virginia Western is a commuter school,” says Chandler. “Students may live in nearby apartments, but they aren’t necessarily tied to the Franklin-Colonial area.”
Patrick Henry High School is ranked 196th within Virginia.
Virginia Western Community College is a public community college in Roanoke, Virginia.
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Easy access to Murray Run Greenway, the Roanoke River and Mill Mountain
Locals will find a Murray Run Greenway trailhead on McNeil Drive between James Madison Middle and Virginia Western Community College. The path starts at the 119-acre Fishburn Park, which has mountain biking trails, a 9-hole disc golf course and a playground. Continuing west, hikers will pass Woodlawn Park’s 6 acres of hardwood forest and Patrick Henry High’s baseball diamond. Tennis balls whack against rubber courts at 9-acre Shrine Hill Park, where the trail ends. The Roanoke River bisects River’s Edge Park, a green space just north of the neighborhood with youth soccer fields, baseball diamonds and access to the 10-mile Roanoke River Greenway. Mill Mountain Park is only 4 miles east of the neighborhood. A mile-long hike up the mountain’s 1,703-foot-tall peak leads to the neon red, white and blue Roanoke Star. On the way down, visitors can veer into the Mill Mountain Zoo, home to around 85 animals, including black bears and red pandas.
Mill Mountain Park has a variety of activities for visiting families to do.
Murray Run Greenway is popular for taking short hikes with Franklin-Colonial residents.
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Franklin-Colonial is a car-dependent community
“Franklin-Colonial has great access to several greenways, but other than that, it’s not a pedestrian-friendly area because of all the car traffic,” says Chandler. Franklin Road connects to Interstate 581, with downtown Roanoke 2 miles north and the Roanoke-Blacksburg Regional Airport 7 miles in the same direction. A 40-mile drive south on Interstate 81 leads to Blacksburg. Carilion Roanoke Memorial Hospital is less than 2 miles east on Belleview Avenue. Valley Metro bus stops on Franklin Road and Colonial Avenue follow Routes 51/52 and 55/56, circulating between Third Street Station and Tanglewood Mall. Cargo trains honk as they drive along the Norfolk Southern Railway through the neighborhood’s core. Downtown Roanoke’s Amtrak station carries passengers to cities like Boston and Washington D.C. via the Northeast Regional Route.
Franklin-Colonial residents find fun activities for their children to do at Tanglewood Mall.
Franklin-Colonial residents are close to Amtrak for easy traveling.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Reach out to
Dj Murray Jr,
an experienced agent in this neighborhood.
Transit
Airport
Roanoke/Blacksburg Regional (Woodrum Field)
14 min drive
Bus
Franklin Nb & Willow Oak
Bus
Franklin Sb & Public Storage
Bus
Franklin Sb & Talecris Plasma
Bus
Franklin Sb & Transmission America
Bus
Mcclanahan Nb & Fresenius Dialysis Center
Bus
Colonial Sb & Clearfield
Bus
Colonial Nb & Mcneil (Vwcc)
Franklin-Colonial Demographics and Home Trends
On average, homes in Franklin-Colonial, Roanoke sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin-Colonial, Roanoke over the last 12 months is $232,000, down 17% from the median home sale price over the previous 12 months.
Convenience and move in ready! This 2 bedroom w/loft (could be used as a 3rd bedroom) has refinished stunning hardwood floors on all levels! Meticulous owners, the home is freshly painted, with new microwave, new oven/range, its like new through and through! Includes washer and dryer, barn door, tilt in windows, don't miss out on seeing this one, you will not be disappointed!
This is the house you've been looking for! Beautifully updated 4 bed, 3.5 bath home on an almost half-acre lot with a large, flat fenced backyard--a rare find in the city! Entry-level primary suite with walk-in closet, updated bath, and bonus room that opens to a spacious deck. Refinished hardwood floors. Upstairs offers 2 large bedrooms with hidden closet storage and full bath. Main level
Renovated throughout, new flooring, light fixtures, also updated kitchen, all new paint. Oversized drive-under garage with new remotes. Listed as a 2-car garage, but huge. Unusually large master suite on lower level with large walk-in closet and full bath and fireplace. No window but previous owner used as a 3rd bedroom. Doors from kitchen and bedroom to large private deck cost $7,000. Deck is
Recently renovated with new appliances and new flooring. Convenient location with private off street parking, close to shopping, eateries, and public transportation.
Spacious townhome available Now! Two Car tandem garage under. Main level features great room, kitchen, dining area & 1/2 bath. Upstairs has 2 Bedrooms and 2 bathrooms and laundry. Walk in closets in both bedrooms and electrical vehicle charging station in garage! Security system in home is available to be used. Water is included in the rent! Pets must be kept on leash when outside. Pets are
Interested in learning more about homes in this area?
Reach out to
Dj Murray Jr,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,809
Median Age
49
Population Density
3 ppl/acre
Population under 18
17.6%
Below the national average
23.8%
Population over 65
30.6%
Above the national average
19.1%
Finances
Median Household Income
$43,385
Significantly below the national average
$71,702
Average Household Income
$76,901
Education and Workforce
High School Graduates
93.3%
College Graduates
46.6%
Above the national average
34.1%
Advanced Degrees
23.1%
Above the national average
13.3%
% Population in Labor Force
57.8%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
29°F
Average Summer High Temperature
88°F
Annual Snowfall
1''
Area Factors
Somewhat Bikeable
Bike Score®
20/ 100
Car-Dependent
Walk Score®
20/ 100
Some Transit
Transit Score®
29/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
