8 days on market
$299,900
312 W 1st Ave
Franklin, Virginia 23851
MLS# 10638810 · ALL OTHERS AREA 67 · Franklin VA
Updated Jun 18, 2026 · Source: REIN MLS
Est. payment
$1,665/mo
Edit below
Price / sq ft
$153
1,960 sq ft
Days on market
8
New listing
HOA
None
Year built
2024
2 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
1,960
Garage
Yes
Schools
- ElementaryS.P. Morton Elementary—
- MiddleJoseph P. King Jr. Middle—
- HighFranklin—
Info provided by GreatSchools
About this home
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 imme…
Listed by Gilbert Falk III · EXP Realty LLC
VaHome Team property overview
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 full property overview ↓Show less ↑
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in Franklin is genuinely uncommon, and 312 W 1st Ave stands out as a 2024-built home with no deferred maintenance, no outdated systems, and no renovation surprises waiting around the corner.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.
Frequently asked 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.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
1,960
Stories
2
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Sale & Tax History
List Price
$299,900
Price / Sq Ft
$153
Annual Taxes
$258
Monthly Tax
$22
HOA
None
Tax Rate (effective)
0.09%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 10, 2026 | $299,900 | — |
| Currently listed | — | $299,900 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 18, 2026.
Total Assessed
$25,000
Land
$25,000
Improvement
N/A
Parcel ID: 123-4831-29,30
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:
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.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,665/moPrincipal & interest
$1,556
Property tax
$22
Home insurance
$87
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.
Listed by EXP Realty LLC · MLS# 10638810
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$299,900
312 W 1st AVE, FRANKLIN VA 23851
Franklin, Virginia 23851
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