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FranklinALL OTHERS AREA 67312 W 1st Ave✓ Source: REIN MLS #10638810 · record updated Jul 10, 2026 · synced every 2 min · your inquiry is never resold
312 W 1st AVE, FRANKLIN VA 23851 - Main photo
312 W 1st AVE, FRANKLIN VA 23851 - Photo 2
312 W 1st AVE, FRANKLIN VA 23851 - Photo 3
312 W 1st AVE, FRANKLIN VA 23851 - Photo 4
312 W 1st AVE, FRANKLIN VA 23851 - Photo 5
$295,900
$151 / sqft · est. $1,643/mo →
4beds
2.1baths
1,960sqft
31days on market

312 W 1st Ave, Franklin, VA 23851

ActiveResidential · built 2024 · ALL OTHERS AREA 67

About this home

The listing, in the seller's words

Welcome to modern living in the charming, historic heart of Franklin, Virginia a welcoming community along the Blackwater River, offering small-town charm, convenient access to Suffolk, Norfolk, and the Hampton Roads region, plus easy commutes to North Carolina. This stunning two-story home, custom-built in 2024, delivers like new construction with true move-in-ready perfection — no waiting, no renovations, just immediate comfort. Enjoy brand-new carpet throughout the home for that fresh, pristine feel from day one. Great for first-time buyers or anyone seeking low-maintenance luxury. All appliances, washer and dryer convey. Don't let this opportunity pass you by, call the listing agent for a showing of your new home today.

Listing courtesy of Gilbert Falk III · EXP Realty LLC · REIN MLS #10638810

VaHome team overview

Our read on this home

At a glance

312 W 1st Ave is a brand-new 2024 construction home in Franklin, Virginia, offering four bedrooms, two and a half baths, and 1,960 square feet of thoughtfully designed living space — a rare chance to own a newly built home in a small-city setting.

Read the full overview ↓

Why this home stands out

New construction in Franklin is genuinely uncommon, and 312 W 1st Ave stands out as a 2024-built home with no deferred maintenance, no outdated systems, and no renovation surprises waiting around the corner. You're getting modern construction standards, fresh materials throughout, and the kind of clean slate that older homes in the area simply can't offer. Four bedrooms and a half bath give the layout real flexibility for households of any size.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia is a small, close-knit city in Southampton County — the kind of place where neighbors actually know each other and the pace of daily life feels intentionally unhurried. Sitting along the Blackwater River, Franklin has a genuine small-town character that's increasingly hard to find within a reasonable drive of Hampton Roads. The city has invested in its downtown corridor in recent years, and you'll find local restaurants, shops, and community events that give the area a lived-in, authentic feel rather than a suburban-sprawl sameness. West 1st Avenue sits in an established part of the city, putting you close to Franklin's core amenities while keeping things quiet on a residential street. For anyone searching for new construction Franklin VA, this address delivers that fresh-build quality without requiring a move to a cookie-cutter development on the outskirts of a larger metro. The surrounding area is predominantly residential with mature trees lining many of the nearby streets.

What's nearby

Everyday errands are straightforward from 312 W 1st Ave. Franklin's downtown is just minutes away, where you'll find local dining options, a pharmacy, and essential services. Walmart Supercenter covers major grocery and household needs without a long drive. The Blackwater River offers outdoor recreation opportunities including fishing and kayaking for those who want to get outside on weekends. For a broader retail and dining selection, the Hampton Roads metro is reachable in roughly an hour, giving you the best of small-city living without feeling cut off from larger urban amenities.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is approximately 39 minutes from 312 W 1st Ave — a manageable commute that puts you well outside the congestion of the immediate base area. VA loan financing is a natural fit for this property, and a 2024-built home means you're unlikely to face the inspection surprises that older housing stock sometimes brings. Franklin's lower cost of living stretches a housing budget meaningfully.

For first-time buyers

Buying your first home is a big step, and 312 W 1st Ave makes it a little easier by removing one major concern: the property is brand new, built in 2024, so you're not inheriting anyone else's deferred maintenance. Four bedrooms gives you room to grow, and Franklin's small-city setting means you're not competing in the intense market pressure of a larger metro. VA loan eligibility, if applicable, can make this an especially accessible path to ownership.

More buyer questions

How far is 312 W 1st Ave from Joint Staff J7 Suffolk?

The drive from 312 W 1st Ave in Franklin to Joint Staff J7 in Suffolk is approximately 39 minutes under normal traffic conditions, traveling northeast via Route 58.

What year was 312 W 1st Ave built?

This home was built in 2024, making it brand-new construction with modern materials, systems, and building standards throughout.

Is 312 W 1st Ave in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the property's specific parcel.

How many bedrooms and bathrooms does 312 W 1st Ave have?

The home has four bedrooms and two and a half bathrooms across 1,960 square feet of living space.

Does 312 W 1st Ave have an HOA?

HOA status for this property should be confirmed with current listing documentation, as community association details can vary and change over time.

Curious about 312 W 1st Ave or new construction options in Franklin? Tom and Dariya Milan at LPT Realty are ready to walk you through everything — reach out to get started.

Summary generated by AI from public records and publicly available information.

Schools

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

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2024

Price / sqft

$151

HOA

None

Taxes

$258/yr

County

Franklin VA

Waterfront

Yes

MLS #

10638810

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
1,960
Stories
2
Flooring
Carpet, Vinyl
Total rooms
6
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Heat Pump
Cooling
Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.2170
Subdivision
ALL OTHERS AREA 67
Zoning
R2
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, 3 Space
Possession
CLOSING
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

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

Run the real carrying cost

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

$1,643/mo

Principal & interest

$1,535

Property tax

$22

Home insurance

$86

PMI

None

HOA

None

Estimate only. 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

Why the land carries the value

Asking vs. assessment

1184% of $25,000

City assessment record · taxes $258/yr

Land share of assessed value

100% — $25,000

Improvements $0 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$70,000$305,000

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.

132 Langston CT · 0.4 mi · 1,960 sqft$300,000 sold 2026-06
322 Clay ST · 0.2 mi · 2,010 sqft$70,000 sold 2026-02
407 Walnut ST · 0.3 mi · 1,982 sqft$195,900 sold 2026-06

Sale & Tax History

List Price

$295,900

Price / Sq Ft

$151

Annual Taxes

$258

Monthly Tax

$22

HOA

None

Tax Rate (effective)

0.09%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 9, 2026$295,900
Price reducedJul 10, 2026$295,900−$4,000
Currently listed$295,900

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

1084% above assessment

Total Assessed

$25,000

Land

$25,000

Improvement

N/A

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

31 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

Real questions, answered from the record

Is 312 W 1st Ave 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 312 W 1st Ave 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.
Is there a gym near 312 W 1st Ave?+
Yes — TaylorMade Fitness VA is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 312 W 1st Ave?+
Barrett's Landing Park is about 0.3 miles away.
Where is the nearest grocery store to 312 W 1st Ave?+
Los Cerezos Latino Store is about 0.5 miles away. The closest dining on record is Fred's Restaurant (0.2 mi).
Does 312 W 1st Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 312 W 1st Ave built?+
It was built in 2024, 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Gilbert Falk III · EXP Realty LLC · REIN MLS #10638810

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.

312 W 1st Ave, Franklin — photo

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

Call or text (757) 777-7577

312 W 1st Ave, Franklin, Virginia 23851 · MLS #10638810 · 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.