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

    205 Cobb St, Franklin, VA 23851

    4beds
    2baths
    1,554sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1952
    -- sqft lot
    $209,200 Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Two separate unitsFunctional layouts
    Great investment opportunity in the heart of Franklin! This duplex features two separate units, each offering 2 bedrooms and 1 full bathroom, making it an excellent option for investors or buyers looking to generate rental income. With approximately 1,554 square feet of living space, the property offers functional layouts and strong income potential. Both units are currently vacant, providing the perfect opportunity for the next owner to place their own tenants, set market rents, or occupy one unit while renting the other. Whether you're looking to add to your investment portfolio, create a house-hack opportunity, or renovate and maximize value, this property offers plenty of flexibility. Conveniently located near local amenities, shopping, schools, and downtown Franklin, this duplex presents a great opportunity for both new and experienced investors. With solid income potential and two separate units, this is a property you won’t want to miss.
    124 days
    |
    525
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Smithers 804-334-7494,

    EXP Realty, LLC,

    Jared Davis 804-536-6100,

    EXP Realty, LLC

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

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      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: None
      • Water: Public
      • Utilities for property: Sewer Not Available

      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: 3/7/2026
      • Ownership: Corporate
      • Ownership type: Corporation

        Estimated market value

        $209,200

        $199,000 - $220,000

        $1,374/mo

        Price history

        DateEventPrice
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        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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