Skip to main content
VaHome.com
✓ Source: REIN MLS #10648315 · record updated Oct 19, 2026 · synced every 2 min · your inquiry is never resold
301 S High ST, FRANKLIN VA 23851 - Main photo
301 S High ST, FRANKLIN VA 23851 - Photo 2
301 S High ST, FRANKLIN VA 23851 - Photo 3
301 S High ST, FRANKLIN VA 23851 - Photo 4
301 S High ST, FRANKLIN VA 23851 - Photo 5
2,500sqft
63days on market

301 S High St, Franklin, VA 23851

ActiveMulti Family Residential · built 1900 · ALL OTHERS AREA 67

About this home

Excellent investment opportunity in Franklin! This over-under duplex offers approximately 2,500 square feet of living space with two residential units and established rental income already in place. Both units are fully rented to long-term tenants, providing an investor with immediate income and the opportunity to build on an existing rental portfolio. Situated on South High Street, this multifamily property offers a practical addition to any investment strategy, whether you're expanding your holdings or entering the rental market. With two units under one roof, investors can benefit from multiple income streams from a single property. Don't miss this opportunity to own an income-producing property in Franklin! Contact us today for additional information and to schedule a showing.

Listing courtesy of Jason Houser · North End Realty Group · REIN MLS #10648315

Facts & features

Type

Multi Family Residential

Year built

1900

Price / sqft

$76

HOA

None

Taxes

$1,627/yr

County

Franklin VA

MLS #

10648315

Interior

Approx. sqft
2,500

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
ALL OTHERS AREA 67
Zoning
R2
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor

Keep searching in Franklin

See all Franklin homes for sale.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

Homes like this one sell fast — see the next one first

Franklin$160K – $220K

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

  • ElementaryS.P. Morton Elementary
    —
  • MiddleJoseph P. King Jr. Middle
    —
  • HighFranklin
    —

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510060

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510060

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

28.5 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

homes for sale in Franklin, VA →

Location intelligence

What's nearby

Location & Neighborhood

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Military Commute

Drive times to nearest bases

J7 Suffolk

Joint

29min·21.9mi

NMCP

Navy

50min·42.1mi

NNSY

Navy

49min·41.7mi

USCG Portsmouth

Coast Guard

50min·43mi

NSA HR

Navy

69min·53.1mi

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Payment Calculator

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,177/mo

Principal & interest

$986

Property tax

$136

Home insurance

$55

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Comparables

Asking vs. assessment

173% of $109,800

City assessment record · taxes $1,627/yr

Land share of assessed value

15% — $16,500

Improvements $93,300 · assessor record ✓

Price context — similar nearby homes

$115,000 – $330,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

609 Pace ST · 0.3 mi · 2,356 sqft$330,000 sold 2026-04
511 Pretlow ST · 0.3 mi · 2,359 sqft$170,000 sold 2026-09
405 W 2nd AVE · 0.2 mi · 2,240 sqft$125,000 sold 2026-10

Own a home nearby? See what it is worth today — What's your Franklin home worth?

Sale & Tax History

List Price

$190,000

Price / Sq Ft

$76

Annual Taxes

$1,627

Monthly Tax

$136

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 17, 2026$190,000—
Currently listed—$190,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

73% above assessment

Total Assessed

$109,800

Land

$16,500

Improvement

$93,300

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Franklin Assessor (Google)

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

63 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 301 S High St in a good school zone?+
The assigned zones on the listing record are S.P. Morton Elementary, Joseph P. King Jr. Middle, Franklin. School attendance zones can change — always confirm enrollment with the local school division.
Is 301 S High St in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Does 301 S High St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 301 S High St built?+
It was built in 1900, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads

Listing courtesy of Jason Houser · North End Realty Group · REIN MLS #10648315

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

301 S High St, Franklin — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

301 S High St, Franklin, Virginia 23851 · MLS #10648315 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

✆