D
Seller's Agent in 2025
David Pinkerton
Exp Realty, LLC (Mls Only)
306 Forest Ave Franklin, NC 28734
6
Beds
4
Baths
3,378
Sq Ft
26,136
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- No HOA
- Views
- Living Area on First Floor
- Ductless Heating Or Cooling System
- Ceramic Tile Flooring
About This Home
As of August 2025Investment Opportunity in the Heart of Franklin! Located just behind the VA and a short stroll from the new Franklin High School, this well-maintained quadplex offers a prime location and solid rental history. The property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with easy access and just seconds from Franklin's scenic Greenway. Recent updates include all new HVAC systems (2022) and PEX plumbing throughout (2024), giving peace of mind to investors. With a consistent rental history—100% occupancy across all units—this property is a proven income producer. Whether you're looking to expand your portfolio or dive into multi-family investing, this opportunity in a high-demand area is ready for you. Property is agent owned.
Last Agent to Sell the Property
David Pinkerton
Exp Realty, LLC (Mls Only) Brokerage Phone: 8885849431 Listed on: 06/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,855
Year Built
- Built in 1957
Lot Details
- 0.6 Acre Lot
- Lot Has A Rolling Slope
Home Design
- Shingle Roof
- Composition Roof
- Fiberglass Roof
- Wood Siding
- Asbestos
- Composite Building Materials
Interior Spaces
- 3,378 Sq Ft Home
- Ceiling Fan
- Living Area on First Floor
- Exterior Basement Entry
- Fire and Smoke Detector
- Property Views
Kitchen
- Electric Oven or Range
- Microwave
Flooring
- Concrete
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
Location
- City Lot
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heat Pump System
- Mini Split Heat Pump
- Heating System Powered By Owned Propane
- Electric Water Heater
Community Details
- No Home Owners Association
- Stream
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 6594371353
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2025
Closed on
Aug 20, 2025
Sold by
Pinkerton David and Pinkerton Chelsie
Bought by
Something Properties Llc
Seller's Agent
David Pinkerton
Exp Realty, LLC (Mls Only)
Buyer's Agent
Larry Rogers
Lamplighter Realty
List Price
$525,000
Sold Price
$430,000
Premium/Discount to List
-$95,000
-18.1%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,063
Avg. Annual Appreciation
-1.57%
Original Mortgage
$245,701
Outstanding Balance
$242,810
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$183,250
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | None Listed On Document | |
| Warranty Deed | $430,000 | None Listed On Document | |
| Warranty Deed | $430,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,701 | New Conventional | |
| Closed | $94,298 | New Conventional | |
| Closed | $245,701 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $430,000 | -2.3% | $127 / Sq Ft |
| 08/07/2025 08/07/25 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | Price Changed | $440,000 | -4.3% | $130 / Sq Ft |
| 07/20/2025 07/20/25 | Price Changed | $460,000 | -3.2% | $136 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $475,000 | -2.1% | $141 / Sq Ft |
| 07/13/2025 07/13/25 | Price Changed | $485,000 | -2.0% | $144 / Sq Ft |
| 07/05/2025 07/05/25 | Price Changed | $495,000 | -5.7% | $147 / Sq Ft |
| 06/28/2025 06/28/25 | For Sale | $525,000 | -- | $155 / Sq Ft |
Source: Carolina Smokies Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,001 | $258,990 | $50,400 | $208,590 |
| 2024 | $1,001 | $258,990 | $50,400 | $208,590 |
Source: Public Records
Agents Affiliated with this Home
-
-
Larry Rogers
Buyer's Agent in 2025
Larry Rogers
Lamplighter Realty
(828) 371-2150
117 in this area
146 Total Sales
Map
Source: Carolina Smokies Association of REALTORS®
MLS Number: 26041410
APN: 6594371353
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