# 423 Iotla Street, Franklin, NC 28734

> **TL;DR:** land, $895,000. Est. $4,787/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Lot Size | 104,980 sqft (2.41 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,526 |
| Estimated Insurance | $261 |
| **Total** | **$4,787** |

## Nearby Schools

- **Elementary:** East Franklin
- **Middle:** Macon Middle
- **High:** Franklin

## Property Highlights

- 2.41 acre lot

## Description

### Agent Description
Commercial opportunity awaits in downtown Franklin, NC! One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location for development. CITY water, sewer and Toccoa natural gas are available and the parcel is off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites. Picture 14 townhomes with a courtyard & dog park; 7 duplex homes with single-level living to attract senior residents; 4 to 10 single family homes (or lots); or a magnificent in-town estate nestled with privacy between the old oak trees. Rezoning for other opportunities is also possible. Owned by Dr. J.H. Fouts in the 1890's, this historic two-family home (with 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 and simply timeless charm. A beautiful 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive workshop/storage space. An open canvas of possibilities awaits on Iotla Street!

## Location

- **Address:** 423 Iotla Street, Franklin, NC 28734
- **County:** Macon
- **Coordinates:** 35.1874621, -83.3834991
- **Google Maps:** https://www.google.com/maps?q=35.1874621,-83.3834991

## Virtual Tour & Media

- **Video Tour:** my.matterport.com/show/?m=U7RkPNGsmEF&mls=1

## Listing Agent

- **Name:** Kelly Penland
- **Brokerage:** Realty One Group Vibe
- **Broker Phone:** (828) 370-8423
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/423-Iotla-St_Franklin_NC_28734_M53147-42010?f=listhub&s=FBRNC&m=26046539&c=propsimple)

## Photos

![423 Iotla Street - Photo 1](http://lh.rdcpix.com/3e486a44607e3aca322d63b6e9da29dbl-f2461988906r.jpg)

![423 Iotla Street - Photo 2](http://lh.rdcpix.com/3e486a44607e3aca322d63b6e9da29dbl-f1107911242r.jpg)

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---

**MLS#:** 26046539 | **Updated:** 2026-10-22
**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.ai/listing/423-iotla-street-franklin-nc-28734-e60f5864d92e458aa5560823a1689ac8)

---

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