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For sale
  • Price cut: $10K (7/8)
    $205,000

    205 Cobb St, Franklin, VA 23851

    4beds
    2baths
    1,554sqft
    : 
    $1,334/mo
    Get pre-qualified
    Duplex, Multi Family, Multi Family
    Built in 1952
    -- sqft lot
    $202,300 Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Two separate unitsFunctional layouts
    Investment Opportunity in Franklin! This duplex offers a great opportunity for investors looking to add an income-producing property to their portfolio or for an owner-occupant interested in living in one unit while generating rental income from the other. Each unit features 2 bedrooms and 1 full bathroom. The left unit is currently tenant-occupied at $1,150 per month with a lease in place through January 2027, providing immediate rental income for the new owner. The right unit is currently vacant, offering flexibility to place a new tenant or potentially occupy the unit yourself. With one unit already producing income and additional rental potential from the vacant unit, this property offers multiple possibilities for its next owner. Conveniently located near shopping, dining, schools, and other local amenities in Franklin. Schedule your showing and explore the investment potential at 205 Cobb Street! Tenant-occupied unit requires appropriate notice for showings. 24 hrs notice is recommended
    161 days
    |
    373
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Smithers 804-334-7494,

    EXP Realty, LLC 804-729-5188,

    Jared Davis 804-536-6100,

    EXP Realty, LLC

    Source: CVRMLS,MLS#: 2600863MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Features
      • Has basement: No
      • Attic: Pull Down Stairs
      Interior area
      • Total interior livable area: 1,554 sqft

      Property

      Parking
      • Parking features: Driveway, Paved
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Paved Driveway
      Lot
      • Size: 8,755 Square Feet
      Details
      • Parcel number: 121059141
      • Zoning description: R2
      • Special conditions: Corporate Listing

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Concrete, Vinyl Siding
      • Roof: Shingle
      Condition
      • Year built: 1952

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Franklin
      Location
      • Region: Franklin

      Financial & listing details

      • Price per square foot: $132/sqft
      • Tax assessed value: $113,700
      • Annual tax amount: $1,171
      • Date on market: 3/18/2026
      • Ownership: Corporate
      • Ownership type: Corporation

        Estimated market value

        $202,300

        $192,000 - $212,000

        $1,366/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$205,000$132/sqft
        Source: CVRMLS #2600863 Report a problem
        8/1/2026Pending sale$205,000$132/sqft
        Source: CVRMLS #2600863 Report a problem
        7/8/2026Price change$205,000-4.7%$132/sqft
        Source: CVRMLS #2600863 Report a problem
        5/3/2026Price change$215,000-4.4%$138/sqft
        Source: CVRMLS #2600863 Report a problem
        4/15/2026Price change$225,000-2.2%$145/sqft
        Source: CVRMLS #2600863 Report a problem
        3/10/2026Listed for sale$230,000$148/sqft
        Source: CVRMLS #2600863 Report a problem
        2/21/2026Listing removed$230,000$148/sqft
        Source: eXp Realty #2600863 Report a problem
        2/19/2026Listed for sale$230,000+148.6%$148/sqft
        Source: CVRMLS #2600863 Report a problem
        11/17/2025Sold$92,500-47.1%$60/sqft
        Source: REIN Inc. #10588447 Report a problem
        10/2/2025Contingent$175,000$113/sqft
        Source: REIN Inc. #10588447 Report a problem
        7/19/2025Price change$175,000-5.4%$113/sqft
        Source: REIN Inc. #10588447 Report a problem
        6/16/2025Listed for sale$185,000-7.5%$119/sqft
        Source: REIN Inc. #10588447 Report a problem
        6/13/2025Listing removed$199,999$129/sqft
        Source: REIN Inc. #10555017 Report a problem
        4/12/2025Price change$199,999-4.8%$129/sqft
        Source: REIN Inc. #10555017 Report a problem
        12/7/2024Price change$210,000-8.7%$135/sqft
        Source: REIN Inc. #10555017 Report a problem
        10/12/2024Listed for sale$230,000+751.9%$148/sqft
        Source: REIN Inc. #10555017 Report a problem
        8/15/2011Sold$27,000-10%$17/sqft
        Source: Public Record Report a problem
        5/25/2011Listed for sale$30,000-72.2%$19/sqft
        Source: Keller Williams Realty Elite REALTORS #1121480 Report a problem
        2/8/2011Sold$108,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,171 $113,700
        2024$1,171 +46.5%$113,700 +46.5%
        2023$799 $77,600
        2022$799 +83.8%$77,600 +8.8%
        2021$435 $71,300
        2020$435 -36%$71,300 +3.9%
        2018$679 $68,600 -24.3%
        2017-- $90,600
        2016-- $90,600
        2015-- --
        2014-- --
        2013-- --
        2012-- --
        2010-- --
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 23851

        Getting around

        22 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: S P Morton
        • Middle: J P King
        • High: Franklin

        Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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