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306 Forest Avenue

Franklin, NC 28734

6 beds
4 baths
3,378 sqft
~1/2 acre lot
$146 per sqft
1957 build
– on site

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.

Listing courtesy of Canopy MLS / EXP Realty LLC

Last checked: Checking… • Last updated Jul 7, 2025 •

MLS# 4278190 —

The Building

Year Built:

1957
New Construction:

false
Construction Type:

Site Built
Subtype:

Fourplex
Construction Materials:

Asbestos, Wood
# of Units Total:

4
Roof:

Shingle, Composition
Foundation Details:

Basement, Crawl Space
Basement:

Apartment, Daylight, Exterior Entry
Basement:

true
Building Area Total:

3378
Above Grade Finished Area:

2598
Below Grade Finished Area:

780

Interior

Living Area:

3378
Fireplace:

false

Location

Directions:

GPS works. Ulco Dr to Forest Ave. Property is located next to home with large stone wall. #308 and #310 are facing the road. Gravel Drive beside stone wall will lead you to #306 and #312.
Latitude:

35.174564
Longitude:

-83.374808

The Property

Type:

Residential Income
Lot Features:

Cleared, Views
Lot Size Area:

0.6
Lot Size Units:

Acres
Zoning Specification:

FR2
View:

Mountain(s), Year Round
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Asphalt, Gravel, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

6594371353
Tax Assessed Value:

258990

Beds

Bedrooms Total:

6

Baths

Full Baths:

4

The Listing

Special Listing Conditions:

Subject to Lease

Heating & Cooling

Heating:

Central, Ductless, Electric, Forced Air, Heat Pump
Cooling:

Central Air, Ductless, Electric

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Dryer, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer
Laundry Features:

In Unit

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Franklin

The Community

HOA Subject To:

None
Senior Community:

false
Pets Allowed:

Yes

Parking

Parking Features:

Attached Carport, Driveway
Garage:

false
Main Level Garage:

No
Carport:

true
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/7/25 Jul 7, 2025	Listed / Active	CMLS	$495,000

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Newest listings in Franklin, NC

This multifamily located in Franklin, NC 28734 is currently for sale for $495,000. 306 Forest Avenue is a 3,378 square foot multifamily with 6 beds and 4 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Mountain View Intermediate School, Franklin High School, Macon Middle School, and East Franklin Elementary School.

Based on information submitted to the MLS GRID as of 7/7/2025 11:09 pm. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.