Address
351 Porter Street, Franklin, NC
Price
$ 615,000
Property Attributes
- MLS#26047220
- TypeCommercial
- Listing Status Active
- CountyMACON
- CityFranklin
- AreaFranklin
- NeighborhoodSummer Hill
- Zip28734
- StyleMulti-Family
- Year Built1946
- Taxes$ 3628
- Price$ 615,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1 Acres
Data Source:
Carolina Smokies Association of REALTORS® (CSNCAOR)
Property Description
This premium, approximately one-acre commercial site is located in the Town of Franklin, directly across from the entrance to Franklin High School. The property features a building containing six apartment units, which have been managed to ensure low tenant turnover. These units are typically leased to long-term tenants, and currently, all leases are on a month-to-month basis. The units include painted sheetrock walls, carpeted flooring, and average-quality appliances, along with bathrooms and kitchens. There is ample paved parking available for each unit, with two separate driveways providing access from Porter Street.? The rental market in Franklin is thriving, with very low vacancy rates and significantly rising rents over the past several years. The property is priced below market value. At a 7 percent cap rate, it has a valuation of $650,000. Property valuation details are available upon request.
| Price History | |
|---|---|
| 5/12/2026 | Listed $615,000 |
General Features
| Construction | Frame |
|---|---|
| Heating | Electric Baseboard |
| Cooling | None |
| Utilities | Electricity Available,Water Available,Sewer Available |
| Possession | At Closing |
| Roof | Wood Joist |
| Parking | Paved Driveway,Other-See Remarks |
| Status | Active |
| Subdivision | Summer Hill |
| County | Macon |
| Miscellaneous | Restroom-Private |
| Township | Franklin (Macon Co.) |
| Type | Multi-Family |
| Location | City |
| Access | City Street |
| Financing | Cash,Conventional |
| Status | Active |
| Area | Franklin |
| Year Built | 1946 |
| Virtual Tour | https://tour.usamls.net/351-Porter-Street-Franklin-NC-28734/unbranded |
| Directions | From Courthouse in Franklin take Main Street and tun LEFT on Porter Street. Property will be across the road from High School. |
| City | Franklin |
| Listing Type | Commercial |
| ListingAgentFirstName | Thomas Evan |
| ListingAgentLastName | Harrell |
Interior Features
| Floors | Vinyl |
|---|---|
| Restrooms | 7 |
Exterior Features
| Building Size | 52.5 x 28 and 24 x 2 |
|---|---|
| Lot Dimensions | 0.9700 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28734
Price
Taxes
Year Built
Visits
Northeast Georgia Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of September 24, 2026 12:28 PM UTC All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Old Town Brokers shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any
