64 days on market
$360,000
506 Lee St
Franklin, Virginia 23851
MLS# 10619546 · ALL OTHERS AREA 67 · Franklin VA
Updated Apr 15, 2026 · Source: REIN MLS
Est. payment
$2,155/mo
Edit below
Price / sq ft
$160
2,256 sq ft
Days on market
64
HOA
None
Year built
1920
106 yrs old
Beds
4
Full Baths
3
Half Baths
0
Sq Ft
2,256
Garage
Yes
Schools
- ElementaryS.P. Morton Elementary—
- MiddleJoseph P. King Jr. Middle—
- HighFranklin—
Info provided by GreatSchools
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 po…
Listed by Krystle Tomlin · AtCoastal Realty
VaHome Team property overview
506 Lee Street is a four-bedroom, three-bath home built in 1920 in Franklin, Virginia — offering 2,256 square feet of century-old character in a walkable downtown setting close to the Blackwater River, local dining, and everyday conveniences.
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Why this home stands out
Homes from 1920 carry a personality that newer construction simply can't replicate — and 506 Lee Street delivers that in spades. With four bedrooms, three full baths, and 2,256 square feet, there's genuine room to spread out without sacrificing the craftsmanship and proportions that define early-twentieth-century residential architecture. The lot sits within easy reach of Franklin's compact, walkable core.
ALL OTHERS AREA 67 and the Franklin real estate market
Franklin is a small independent city in southeastern Virginia — the kind of place where neighbors still wave from the porch and downtown is genuinely walkable. Lee Street sits in a residential pocket close to the historic core, where tree-lined blocks mix older homes with a quiet, unhurried pace of life. The city wraps around the Blackwater River, and that waterfront presence shapes everything from weekend recreation to the local identity. Franklin's size — just under nine thousand residents — means you're never far from anything, but traffic and congestion are rarely a concern. For homeowners thinking about the long game, it's worth knowing that property management of virginia professionals are active in this market, which speaks to the area's sustained appeal among buyers and investors alike. Southampton County surrounds the city limits, giving Franklin residents access to a broader rural landscape while keeping city services close.
What's nearby
Day-to-day life runs smoothly from Lee Street. TaylorMade Fitness VA is just 0.3 miles away for morning workouts, and StoreHouse Coffee and The Lighthouse Project are both within half a mile when you need a quiet place to sit with a cup. Wydia's Seafood and Steakhouse is a four-tenths-of-a-mile walk for dinner out, with Fred's Restaurant and Serve rounding out the local dining options nearby. Los Cerezos Latino Store covers grocery runs at 0.5 miles. Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch are both about 0.7 miles out — a short drive or a leisurely bike ride to the river.
For different buyers
For military families relocating
Joint Staff J7 Suffolk runs about 39 minutes from Lee Street — manageable for a daily commute, and well within range for families who want a quieter, more affordable home base than the immediate Suffolk or Hampton Roads core. A VA loan can make a century-old home like this one very accessible, and BAH rates for the area are worth a close look when you're running numbers.
For buyers drawn to character
If you've been searching for a home with real bones — wide rooms, period proportions, and a story that started over a hundred years ago — 506 Lee Street is the kind of address that rewards a closer look. Homes built in 1920 in walkable small-city neighborhoods are genuinely rare finds, and this one pairs that historic fabric with four bedrooms and three full baths of livable square footage.
Frequently asked questions
How far is 506 Lee Street from Joint Staff J7 Suffolk?
The drive from 506 Lee Street to Joint Staff J7 Suffolk is approximately 39 minutes under normal conditions, heading northeast via Route 58. It's a straightforward commute corridor that many Franklin-area residents travel regularly.
What is the flood risk at 506 Lee Street in Franklin, VA?
Franklin sits near the Blackwater River, so flood zone designation is a relevant question for any property in the city. The separate FloodRisk tile on this page reflects the current FEMA mapping for this specific address.
What architectural style is 506 Lee Street?
Built in 1920, the home reflects the residential construction conventions of the early twentieth century — typically characterized by generous room proportions, detailed millwork, and a traditional floor plan that differs meaningfully from modern open-concept layouts.
Is there a homeowners association at 506 Lee Street?
Based on available property data, 506 Lee Street does not carry an HOA, which means no association dues or deed restrictions layered on top of standard city ordinances.
Where are the nearest parks and outdoor spaces to 506 Lee Street?
Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch are both roughly 0.7 miles from the address, offering riverfront access, walking paths, and a kayak launch point on the Blackwater River.
Want to know more about 506 Lee Street or explore what's available in Franklin right now? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
506 Lee ST, Franklin
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
4
Full Baths
3
Half Baths
0
Approx Sq Ft
2,256
Stories
2
Fireplaces
0
Flooring
Laminate/LVP, Wood
Heating
Electric,Other
Cooling
Central Air,Other,Whole House Fan
Laundry
Interior Features
Fireplace Gas-propane
Appliances
Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
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)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 6, 2026 | $360,000 | — |
| Currently listed | — | $360,000 | — |
Public-Records Assessment
Source: Franklin via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$200,700
Land
$28,000
Improvement
$172,700
Parcel ID: 106-48-8-69 · View on city GIS portal
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
$2,155/moPrincipal & interest
$1,868
Property tax
$182
Home insurance
$105
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 AtCoastal Realty · MLS# 10619546
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$360,000
506 Lee ST, FRANKLIN VA 23851
Franklin, Virginia 23851
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