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Active
$249,900 Est. $1,722/mo — Get pre-qualified
3beds 1.5baths 1,400sq ft 0.52acres

115 Allen Avenue · Franklinton, NC 27525

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Welcome to 115 Allen Ave, a 3-bedroom, 1.5-bath brick ranch offering opportunity, flexibility, and room to build equity in a growing area of Franklinton. Whether you're an investor looking for your next value-add project or a family searching for a home they can make their own, this property is worth a look. The home has been utilized as a rental for the past seven years and offers plenty of potential for someone willing to put their personal touch on it. The property sits on two parcels, creating a larger-than-typical lot with the potential for future subdivision. For an investor, that could mean the possibility of building additional homes as the area continues to grow. With rents in the area reaching as high as $1,750, the property could also make an attractive addition to a rental portfolio. For a homeowner, this is an opportunity to purchase a solid brick ranch and transform it into a home that fits your vision and lifestyle. Bring your ideas, your contractor, and your imagination! The property is now vacant and available for easy showings. The home is currently equipped with a ramp and grab bars to accommodate mobility needs, providing additional flexibility for a variety of future uses. With new construction taking shape nearby and Franklinton continuing to grow, this could be your chance to get into the area while prices are still low. Priced to sell quickly, whether you're looking for your next investment, your next project, or a place to call home, don't miss this opportunity!

Features & Amenities

Living Area1,400 Sq.Ft.
Bedrooms3
Baths1.5
CoolingCentral Air, Electric
FlooringCarpet, Tile, Vinyl
FireplaceWood Burning
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
LaundryOutside
StyleRanch
Year Built1978
ConstructionBrick Veneer
RoofShingle
FoundationCrawlspace
ParkingDetached
StatusActive
Lot Size0.52 Acres
Lot FeaturesBack Yard, Front Yard, Subdivided, Wooded
SubdivisionNot in a Subdivision
CountyFranklin
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedSep 18, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryFranklin - Franklinton Elementary Elementary School
MiddleFranklin - Franklinton Middle School Middle School
HighFranklin - Franklinton High High School
Presented By: The Acorn Agency, LLC; info@theacornagency.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Sep 18, 2026 Price Reduced $250,000 → $249,900 ▾ $100 (0.0%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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