Skip to main content
VaHome.com
Franklin › ALL OTHERS AREA 67 › 506 Lee St✓ Source: REIN MLS #10619546 · record updated Apr 15, 2026 · synced every 2 min · your inquiry is never resold
506 Lee ST, FRANKLIN VA 23851 - Main photo
506 Lee ST, FRANKLIN VA 23851 - Photo 2
$360,000
$160 / sqft · est. $2,155/mo →
4beds
3baths
2,256sqft
64days on market

506 Lee St, Franklin, VA 23851

Off MarketResidential · built 1920 · ALL OTHERS AREA 67

Facts & features

Type

Residential

Year built

1920

Price / sqft

$160

HOA

None

Taxes

$2,185/yr

County

Franklin VA

MLS #

10619546

Interior

Bedrooms
4
Full baths
3
Approx. sqft
2,256
Stories
2
Flooring
Laminate/LVP, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor BR, Attic, Foyer, PBR with Bath, Utility Closet
Interior features
Fireplace Gas-propane
Appliances
Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Metal
Exterior
Aluminum
Exterior features
Corner, Deck, Patio
Pool
No Pool
Fencing
Partial

Utilities & systems

Heating
Electric,Other
Cooling
Central Air,Other,Whole House Fan
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.4000
Approx. acres
0.40
Subdivision
ALL OTHERS AREA 67
Zoning
RO
Ownership
Fee Simple
Garage
Yes
Parking
Oversized Gar, Multi Car, Driveway Spc
Possession
CLOSING
Disclosures
Disclosure Statement

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

About this home

Beautifully maintained home in the heart of Franklin, situated on a spacious corner lot with endless possibilities. This property offers abundant parking and ample room to build an additional structure, making it ideal for future expansion or customization. The expansive outdoor space is perfect for entertaining, gatherings, or simply enjoying the outdoors. A detached garage provides excellent storage and workshop potential. Inside and out, the home has been meticulously updated and exceptionally well cared for, offering move-in-ready comfort in a prime location close to everything Franklin has to offer.

Listing courtesy of Krystle Tomlin · AtCoastal Realty · REIN MLS #10619546

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

506 Lee Street is a four-bedroom, three-bath home in Franklin, Virginia, offering 2,256 square feet of living space in a century-old residence with real architectural character. It sits within easy reach of downtown Franklin's riverfront, local dining, and everyday conveniences.

Read the full overview ↓

Why this home stands out

Built in 1920, this home carries more than a hundred years of craftsmanship and detail that newer construction simply can't replicate. With four bedrooms, three full baths, and over 2,200 square feet, there's genuine room to spread out — and the bones of a historic property give you a foundation that's been standing strong for generations. That combination of scale and character is rare in Franklin's housing stock.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia is a small independent city tucked along the Blackwater River in the southeastern corner of the state, and 506 Lee Street sits right in the heart of it. The surrounding area has the feel of an established residential neighborhood — tree-lined streets, older homes with distinct personalities, and neighbors who've been around long enough to actually know each other. Franklin itself is a tight-knit community where the pace is unhurried but the amenities are genuinely useful. The city's riverfront has seen real investment in recent years, with Barrett's Landing and the River Walk corridor giving residents a scenic place to walk, paddle, or simply unwind. Downtown Franklin is walkable from Lee Street, putting local restaurants, shops, and services within easy reach. The city sits in Southampton County, though Franklin operates as an independent jurisdiction. For anyone drawn to 506 Lee Street Franklin Virginia 23851 and the idea of owning a piece of a real American small city rather than a sprawling suburb, this address delivers exactly that kind of grounded, community-oriented lifestyle.

What's nearby

Daily life is easy from 506 Lee Street. TaylorMade Fitness VA is just 0.3 miles away for your morning workout, and Wydia's Seafood and Steakhouse is a short 0.4-mile walk for dinner. StoreHouse Coffee and The Lighthouse Project are both within half a mile when you need a good cup and a place to settle in. Grab groceries at Los Cerezos Latino Store, also half a mile out, or swing by Dollar General for quick essentials. Fred's Restaurant and Serve round out the nearby dining options. Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch are both under a mile away — perfect for weekend mornings on the water.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is roughly 39 minutes from 506 Lee Street — a manageable commute that puts you in a much more affordable market than the Virginia Beach or Norfolk corridors. A VA loan can make a historic four-bedroom home like this one genuinely accessible, and Franklin's lower cost of living means your housing dollar goes noticeably further here.

For buyers drawn to character

If you've been scrolling past cookie-cutter floor plans waiting for something with actual history, 506 Lee Street is worth a serious look. A 1920 build means original-era architectural details, proportions you won't find in modern construction, and a home that has genuine presence on the street. Four bedrooms and three baths give you the practicality you need without sacrificing the character you want.

More buyer questions

How far is 506 Lee Street from Joint Staff J7 Suffolk?

The drive from 506 Lee Street to Joint Staff J7 in Suffolk is approximately 39 minutes under normal traffic conditions, heading northeast on Route 58.

What is the flood zone status for 506 Lee Street in Franklin, VA?

Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the property.

Is there a homeowners association at 506 Lee Street?

506 Lee Street is not part of a homeowners association, so there are no HOA rules or dues attached to this property.

What is the square footage and layout of 506 Lee Street?

The home offers 2,256 square feet of living space across four bedrooms and three full baths, built in 1920 as a single-family residence.

Where are the closest parks and outdoor spaces to 506 Lee Street?

Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch are both about 0.7 miles away, offering riverfront walking paths and direct water access for kayaking and paddling.

Want to see 506 Lee Street in person? Tom and Dariya Milan at LPT Realty know Franklin well — reach out and they'll set up a walkthrough at your convenience.

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

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

$2,155/mo

Principal & interest

$1,868

Property tax

$182

Home insurance

$105

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

Asking vs. assessment

179% of $200,700

City assessment record · taxes $2,185/yr

Land share of assessed value

14% — $28,000

Improvements $172,700 · assessor record ✓

Price context — similar nearby homes

$70,000 – $382,500

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.

105 Homestead RD · 0.4 mi · 2,220 sqft$382,500 sold 2026-04
504 Cameron ST · 0.2 mi · 2,100 sqft$299,000 sold 2026-02
303 W Second AVE · 0.4 mi · 2,183 sqft$165,000 sold 2026-04

Sale & Tax History

List Price

$360,000

Price / Sq Ft

$160

Annual Taxes

$2,185

Monthly Tax

$182

HOA

None

Tax Rate (effective)

0.61%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 1, 2026$360,000—
Currently listed—$360,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

79% above assessment

Total Assessed

$200,700

Land

$28,000

Improvement

$172,700

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 506 Lee 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 506 Lee 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.
Is there a gym near 506 Lee St?+
Yes — TaylorMade Fitness VA is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 506 Lee St?+
Barrett's Landing Park is about 0.7 miles away.
Where is the nearest grocery store to 506 Lee St?+
Los Cerezos Latino Store is about 0.5 miles away. The closest dining on record is Wydia's Seafood and Steakhouse (0.4 mi).
Does 506 Lee St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 506 Lee St built?+
It was built in 1920, 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 Krystle Tomlin · AtCoastal Realty · REIN MLS #10619546

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.

506 Lee St, Franklin — photo

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

Call or text (757) 777-7577

506 Lee St, Franklin, Virginia 23851 · MLS #10619546 · 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.

✆