306 Forest Avenue, Franklin NC
- 6 Bed
- 0.6 ac
For Sale $440,000
Remarks:
Investment Opportunity in the Heart of Franklin! Located just behind the VA and a short stroll from the new Franklin High School, this well-maintained quadplex offers a prime location and solid rental history. The property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with easy access and just seconds from Franklin’s scenic Greenway. Recent updates include all new HVAC systems (2022) and PEX plumbing throughout (2024), giving peace of mind to investors. With a consistent rental history—100% occupancy across all units—this property is a proven income producer. Whether you’re looking to expand your portfolio or dive into multi-family investing, this opportunity in a high-demand area is ready for you. Property is agent owned.
General Information:
| List Price: | $440,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Fourplex |
| Parking: | Attached Carport, Driveway |
| MLS Number: | CAR4278190 |
| Lot Description: | Cleared, Views |
| Year Built: | 1957 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Franklin |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-20-2025 | Price Decrease | $440,000-4.35% | N/A |
| 08-05-2025 | Listed | $460,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 306 Forest Avenue, Franklin NC | 0 mi | $440,000 | days | |
| 87 Pauline Circle, Franklin NC | 0.4 mi | $289,000 | days | |
| 125 Dearmin Terrace, Franklin NC | 0.5 mi | $299,900 | days | |
| 116 Heritage Hollow Circle, Franklin NC | 0.5 mi | $220,000 | days | |
| 435 Pauline Avenue, Franklin NC | 0.6 mi | $282,000 | days | |
| 329 Highland Drive, Lincolnton NC | 0.7 mi | $310,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28734
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
306 Forest Avenue, Franklin NC is a ft2 on a 0.600 acres lot. This is for $440,000. This has 6 bedrooms, baths, and was built in 1957.
Based on information submitted to the MLS GRID as of 2025-08-05 09:10:22 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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