5306 Franklin St Rocky Mount, VA 24151
Estimated payment $1,400/month
About This Home
Triplex Opportunity - Perfect for House Hacking or Cash-Flowing InvestmentLooking to live in one unit and let the others pay the mortgage? Or ready to expand your rental portfolio with a cash-flowing property? This triplex checks all the boxes.Apartment 1: A cozy 1-bedroom efficiency currently occupied by long-term month-to-month tenants.Apartment 2: Vacant and freshly renovated, this unit features new LVP flooring, fresh paint, and a brand-new range and refrigerator--ready for a new tenant.Apartment 3: Recently renovated and already rented, this unit also offers new LVP flooring, fresh paint, and new appliances, including range and refrigerator.All the heavy lifting is done--ideal for a buyer seeking immediate rental income with long-term upside. Owner/Agent
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $583
Year Built
- Built in 1952
Lot Details
- 0.42 Acre Lot
Home Design
- Triplex
Interior Spaces
- 1,536 Sq Ft Home
- Crawl Space
Schools
- Lee M. Waid Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- New Taxes Expense $583
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $611 | $142,100 | $28,000 | $114,100 |
| 2023 | $472 | $77,400 | $23,000 | $54,400 |
| 2022 | $472 | $77,400 | $23,000 | $54,400 |
| 2021 | $472 | $77,400 | $23,000 | $54,400 |
| 2020 | $472 | $77,400 | $23,000 | $54,400 |
| 2019 | $430 | $70,500 | $23,000 | $47,500 |
| 2018 | $430 | $70,500 | $23,000 | $47,500 |
| 2017 | $388 | $58,500 | $23,000 | $35,500 |
| 2016 | $388 | $58,500 | $23,000 | $35,500 |
| 2015 | -- | $58,500 | $23,000 | $35,500 |
| 2014 | -- | $58,500 | $23,000 | $35,500 |
| 2013 | -- | $58,500 | $23,000 | $35,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $249,900 | -- | $163 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $10,000 | -- |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 920213
APN: 0730201100
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