Allen Ave 1 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
Allen Ave 4 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_190006 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
Allen Ave 5 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
Allen Ave 5 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
Allen Ave 3 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185248 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
Allen Ave 2 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185458 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185512 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185548 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185613 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185620 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185641 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185424 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185053 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
20260908_185010 - 115 Allen Avenue, Franklinton, NC 27525, Franklinton
17 photos

$250,000

115 Allen Avenue, Franklinton, NC 27525
Franklinton, NC 27525
Listed by Vance Josey · The Acorn Agency, LLC
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1978

About this home

Welcome to 115 Allen Ave, a 3-bedroom, 1.5-bath brick ranch offering opportunity, flexibility, and room to build equity in a growing area of Franklinton. Whether you're an investor looking for your next value-add project or a family searching for a home they can make their own, this property is worth a look. The home has been utilized as a rental for the past seven years and offers plenty of potential for someone willing to put their personal touch on it. The property sits on two parcels, creating a larger-than-typical lot with the potential for future subdivision. For an investor, that could mean the possibility of building additional homes as the area continues to grow. With rents in the area reaching as high as $1,750, the property could also make an attractive addition to a rental portfolio. For a homeowner, this is an opportunity to purchase a solid brick ranch and transform it into a home that fits your vision and lifestyle. Bring your ideas, your contractor, and your imagination! The property is now vacant and available for easy showings. The home is currently equipped with a ramp and grab bars to accommodate mobility needs, providing additional flexibility for a variety of future uses. With new construction taking shape nearby and Franklinton continuing to grow, this could be your chance to get into the area while prices are still low. Priced to sell quickly, whether you're looking for your next investment, your next project, or a place to call home, don't miss this opportunity!

Highlights

Fireplace

Property details

MLS #
10186529
Property type
Single Family Residence
Subdivision
Not in a Subdivision
Status
Active
Days on market
59
On market date
August 14, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.52 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Franklinton Elementary
1.16 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
511
Student:teacher ratio
15.5:1
District
Franklin County Schools
Middle
Franklinton Middle
0.91 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
280
Student:teacher ratio
14.7:1
District
Franklin County Schools
High
Franklin County Early College
6.25 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
190
Student:teacher ratio
27.1:1
District
Franklin County Schools

Walkability

Blended score for Franklinton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

24
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Franklinton, from live MLS data.

On the market 59 days -- 74 fewer days than Franklinton's current average of 133 days.
For reference, the median list price across 138 active listings in Franklinton right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,656/mo
$50,000 down
$200,000 loan
Principal & interest$1,297
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 28 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.