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For sale
    • Price cut: $80K (6/14)
    $895,000

    423 Iotla St, Franklin, NC 28734

    3beds
    --sqft
    : 
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    Residential
    Built in 1890
    2.41 Acres Lot
    $840,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Historic two-family homeHistoric woodworking detailsHeart of pine flooringFamily roomTerrarium sunroomFormal dining roomClawfoot tub
    Your historic estate awaits in downtown Franklin, NC! Built by Dr. J.H. Fouts in the 1890's, this historic two-family home (w/full apartment below) could be an absolute showplace. Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub & simply timeless charm. The main level boast a living room, family room, 2 large bedrooms + nursery, formal dining room & kitchen. Downstairs, the 1/1 apartment needs renovation but maintains it's vintage charm. A 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive garage/workshop. One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location additional development with CITY water, sewer & Toccoa natural gas available, off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites or a magnificent in-town estate for your family nestled with privacy between the old oak trees. Rezoning is also possible. An open canvas of possibilities awaits your family on Iotla Street!
    127 days
    |
    411
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Penland,

    Realty One Group Vibe

    Source: Carolina Smokies MLS,MLS#: 26046537

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Primary bedroom
      • Level: First
      • Area: 225
      • Dimensions: 15 x 15
      Bedroom 2
      • Level: First
      • Area: 195
      • Dimensions: 15 x 13
      Bedroom 3
      • Level: First
      • Area: 63
      • Dimensions: 9 x 7
      Bedroom 4
      • Level: Basement
      • Area: 154
      • Dimensions: 14 x 11
      Dining room
      • Level: First
      • Area: 169
      • Dimensions: 13 x 13
      Family room
      • Area: 225
      • Dimensions: 15 x 15
      Kitchen
      • Level: First
      • Area: 136.5
      • Dimensions: 13 x 10.5
      Living room
      • Level: First
      • Area: 288
      • Dimensions: 16 x 18
      Heating
      • Oil, Other
      Cooling
      • None
      Appliances
      • Included: Other-See Remarks, Other Water Heater (See Remarks)
      • Laundry: In Basement
      Features
      • Bonus Room, Formal Dining Room, In-law Quarters, Sunroom, Other, In-Law Floorplan
      • Flooring: Vinyl, Hardwood, Ceramic Tile, Other-See Remarks
      • Windows: Windows-Storm None
      • Basement: Partial,Exterior Entry,Interior Entry,Washer/Dryer Hook-up,Bath/Stubbed,Other
      • Attic: Access Only
      • Has fireplace: Yes
      • Fireplace features: Other
      Interior area
      • Living area range: 2001-2200 Square Feet

      Property

      Parking
      • Parking features: Carport-Double Detached
      • Carport spaces: 2
      Lot
      • Size: 2.41 Acres
      • Features: Level, Level Yard, Rolling, Within City Limits, Other-See Remarks
      Details
      • Additional structures: Outbuilding/Workshop
      • Parcel number: 6595027125

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farm House
      • Property subtype: Residential
      Materials
      • Vinyl Siding, Other
      • Roof: Composition
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cell Service Available

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Franklin

      Financial & listing details

      • Tax assessed value: $216,760
      • Annual tax amount: $1,572
      • Date on market: 3/7/2026
      • Listing terms: Cash,Conventional,Owner Will Carry
      • Road surface type: Paved

        Estimated market value

        $840,400

        $798,000 - $882,000

        $1,895/mo

        Price history

        DateEventPrice
        6/14/2026Price change$895,000-8.2%
        Source: Carolina Smokies MLS #26046537 Report a problem
        3/7/2026Listed for sale$975,000
        Source: Carolina Smokies MLS #26046537 Report a problem
        3/2/2026Listing removed$975,000
        Source: Carolina Smokies MLS #26041932 Report a problem
        8/25/2025Listed for sale$975,000+306.3%
        Source: Carolina Smokies MLS #26041932 Report a problem
        8/31/2023Sold$240,000-26.2%
        Source: Canopy MLS as distributed by MLS GRID #4037061 Report a problem
        7/15/2023Contingent$325,000
        Source: Carolina Smokies MLS #26030661 Report a problem
        7/6/2023Price change$325,000-7.1%
        Source: Carolina Smokies MLS #26030661 Report a problem
        6/27/2023Price change$350,000-6.7%
        Source: Carolina Smokies MLS #26030661 Report a problem
        6/2/2023Listed for sale$375,000
        Source: Carolina Smokies MLS #26030661 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$857 $216,760
        2024$857 -0.1%$216,760 -6.8%
        2023$858 -13.9%$232,520 +23.1%
        2022$996 +3%$188,870
        2021$966 +5.2%$188,870
        2020$919 +1.4%$188,870
        2019$906 +7.3%$188,870 +1.7%
        2018$844 $185,630
        2017-- $185,630
        2016-- $185,630
        2015-- $185,630 -1%
        2014-- $187,530
        2013-- $187,530
        2012-- $187,530
        2011-- $187,530
        2010-- $187,530
        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: 28734

        Getting around

        44 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Franklin
        • Middle: Macon Middle
        • High: Franklin

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

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