# 351 Porter Street, Franklin, NC 28734

> **TL;DR:** 0bd/7ba commercial, $615,000 ($105/sqft), built 1946, 5,830 sqft. Est. $2,665/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $615,000 |
| Price/sqft | $105 |
| Bathrooms | 7 full |
| Square Feet | 5,830 |
| Year Built | 1946 |
| Lot Size | 42,253 sqft (0.97 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,665 |
| **Total** | **$2,665** |

## Property Highlights

- Built in 1946
- 0.97 acre lot
- 2 stories

## Description

### Agent Description
This premium, approximately one-acre commercial site is located in the Town of Franklin, directly across from the entrance to Franklin High School. The property features a building containing six apartment units, which have been managed to ensure low tenant turnover. These units are typically leased to long-term tenants, and currently, all leases are on a month-to-month basis. The units include painted sheetrock walls, carpeted flooring, and average-quality appliances, along with bathrooms and kitchens. There is ample paved parking available for each unit, with two separate driveways providing access from Porter Street.? The rental market in Franklin is thriving, with very low vacancy rates and significantly rising rents over the past several years. The property is priced below market value. At a 7 percent cap rate, it has a valuation of $650,000. Property valuation details are available upon request.

## Location

- **Address:** 351 Porter Street, Franklin, NC 28734
- **County:** Macon
- **Neighborhood:** Summer Hill
- **Coordinates:** 35.176016, -83.3840365
- **Google Maps:** https://www.google.com/maps?q=35.176016,-83.3840365

## Listing Agent

- **Name:** Thomas Evan Harrell
- **Brokerage:** Realty One Group Vibe
- **Phone:** 8283715103
- **Email:** evanharrellsales@gmail.com

## Primary Photo

![351 Porter Street - Primary Photo](http://lh.rdcpix.com/441bc4908185b40ac7fedd4c926b0679l-f111249291r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/351-porter-street-franklin-nc-28734-26047220)*

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**MLS#:** 26047220 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/351-porter-street-franklin-nc-28734-26047220)

---

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