Franklin › ALL OTHERS AREA 67 › 318 Clay St✓ Source: REIN MLS #10651138 · record updated Sep 15, 2026 · synced every 2 min · your inquiry is never resold

318 Clay ST, FRANKLIN VA 23851 - Main photo

$135,000

2,020sqft

8days on market

318 Clay St, Franklin, VA 23851

SoldMulti Family Residential · built 1960 · ALL OTHERS AREA 67

Facts & features

Type

Multi Family Residential

Year built

1960

Price / sqft

$67

HOA

None

Taxes

$1,660/yr

County

Franklin VA

MLS #

10651138

Interior

Approx. sqft: 2,020

Construction & exterior

Style: Side by Side
Subtype: Duplex
Foundation: Crawl
Roof: Asphalt Shingle
Exterior: Brick

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: NOW
Disclosures: Disclosure Statement

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

About this home

Great opportunity to add value to your portfolio with this duplex located in the heart of Franklin. This property features two separate units, making it ideal for investors or buyers looking for instant income potential. Unit 1 & 2 offers 2 bedrooms and 1 bathroom. Each unit has its own layout, providing flexibility for rental income, multi-generational living, or live-in-one then rent-the-other strategy. Conveniently located near local shopping, dining, and major routes, this is a great opportunity for those ready to bring their vision and maximize value.

Listing courtesy of Laura McGuire · VA Realty Professionals · REIN MLS #10651138

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

Franklin$110K – $160K

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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

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

$878/mo

Down payment20% · $27,000

Interest rate6.75%

Loan term30 years

Principal & interest

$700

Property tax

$138

Home insurance

$39

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

Judge value on real ground

Price context — similar nearby homes

$70,000 – $300,000

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.

322 Clay ST · 0 mi · 2,010 sqft$70,000 sold 2026-02

504 Cameron ST · 0.1 mi · 2,100 sqft$299,000 sold 2026-02

312 W 1st AVE · 0.2 mi · 1,960 sqft$289,900 sold 2026-09

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

Sale & Tax History

List Price

$135,000

Price / Sq Ft

$67

Annual Taxes

$1,660

Monthly Tax

$138

HOA

None

Tax Rate (effective)

1.23%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	Sep 7, 2026	$135,000	—
Price increased	Sep 15, 2026	$135,000	+$6,000
Sold	Sep 15, 2026	$135,000	—

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.

Questions buyers ask

Is 318 Clay 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 318 Clay 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 318 Clay St have an HOA?+

No — there are no HOA, condo, or association dues on the listing record for this property.

When was 318 Clay St built?+

It was built in 1960, 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

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Laura McGuire · VA Realty Professionals · REIN MLS #10651138

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Franklin Call or text (757) 777-7577

318 Clay St, Franklin, Virginia 23851 · MLS #10651138 · 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.

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