excellent opportunity to own an income producing asset! Cash flowing nicely, with 7 active leases. Start making over $3000 per month, the day you close! Don't miss your chance at making some significant residual income, today! Buyer closing costs covered with full price offer. 10+ cap rate.
For sale
$310,000
1314 Franklin Ave, High Point, NC 27260
--beds
--baths
--sqft
Rooming House, Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 260 days |
- 141 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Carlos Parks 919-225-0660,
Versatile Real Estate Group
Source: Triad MLS,MLS#: 1203902
Facts & features
Interior
Heating
- Forced Air, Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Parking features: Enclosed, Lighted, On Street
- Has uncovered spaces: Yes
Features
- Pool features: None
Lot
- Dimensions: 12,632 sq ft
Details
- Parcel number: 0174706
- Zoning: rm
- Special conditions: Owner Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Rooming House, Multi Family
Condition
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: High Point
Financial & listing details
- Tax assessed value: $136,900
- Annual tax amount: $1,886
- Date on market: 12/5/2025
- Cumulative days on market: 51 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$1,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Price change | $310,000-8.8% |
Source:  Triad MLS #1203902 Report a problem | ||
| 12/12/2025 | Listed for sale | $340,000+23.6% |
Source: Triad MLS #1203902 Report a problem | ||
| 1/1/2025 | Listing removed | $275,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 6/14/2024 | Price change | $275,000+25% |
Source: Triad MLS #1108096 Report a problem | ||
| 5/22/2024 | Price change | $220,000-6.4% |
Source: Triad MLS #1108096 Report a problem | ||
| 4/30/2024 | Listed for sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 4/2/2024 | Listing removed | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 3/11/2024 | Listed for sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 2/23/2024 | Pending sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 2/20/2024 | Listed for sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 2/13/2024 | Pending sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 2/7/2024 | Listed for sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 2/2/2024 | Pending sale | $235,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 1/22/2024 | Price change | $235,000-2.1% |
Source: Triad MLS #1108096 Report a problem | ||
| 1/10/2024 | Price change | $240,000-4% |
Source: Triad MLS #1108096 Report a problem | ||
| 11/21/2023 | Price change | $250,000-3.8% |
Source: Triad MLS #1108096 Report a problem | ||
| 10/13/2023 | Listed for sale | $260,000-5.5% |
Source: Triad MLS #1108096 Report a problem | ||
| 9/14/2023 | Listing removed | $275,000 |
Source: Triad MLS #1108096 Report a problem | ||
| 7/30/2023 | Price change | $275,000-8.3% |
Source: Triad MLS #1108096 Report a problem | ||
| 6/8/2023 | Listed for sale | $300,000+87.5% |
Source: Triad MLS #1108096 Report a problem | ||
| 4/18/2022 | Sold | $160,000+10.3% |
Source: Triad MLS #1061716 Report a problem | ||
| 3/17/2022 | Pending sale | $145,000 |
Source: Triad MLS #1061716 Report a problem | ||
| 3/11/2022 | Listed for sale | $145,000+866.7% |
Source: Triad MLS #1061716 Report a problem | ||
| 11/9/2017 | Sold | $15,000+500% |
Source: Public Record Report a problem | ||
| 6/10/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 4/2/2016 | Price change | $2,500+150% |
Source: Auction.com Report a problem | ||
| 3/18/2016 | Listed for sale | $1,000-98.3% |
Source: Auction.com Report a problem | ||
| 10/17/2008 | Sold | $60,000 |
Source: Triad MLS #H454627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,886 | $136,900 |
| 2024 | $1,886 +2.2% | $136,900 |
| 2023 | $1,845 +208.3% | $136,900 |
| 2022 | $599 +71% | $136,900 +439% |
| 2021 | $350 | $25,400 |
| 2018 | $350 +21.2% | $25,400 |
| 2017 | $289 | $25,400 +22.7% |
| 2016 | $289 | $20,700 |
| 2015 | $289 -2.7% | $20,700 |
| 2014 | $297 | $20,700 |
| 2013 | -- | $20,700 |
| 2012 | -- | $20,700 -56.3% |
| 2011 | -- | $47,400 |
| 2010 | -- | $47,400 |
| 2009 | -- | $47,400 |
| 2007 | -- | $47,400 |
| 2006 | -- | $47,400 |
| 2005 | -- | $47,400 |
| 2004 | -- | $47,400 -13.2% |
| 2002 | -- | $54,600 |
| 2001 | -- | $54,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27260
Nearby schools
GreatSchools rating
- 7/10Triangle Lake Montessori Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Southwest Guilford Middle SchoolGrades: 6-8Distance: 6.2 mi
- 5/10Southwest Guilford High SchoolGrades: 9-12Distance: 6.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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