1314 Franklin Ave, High Point, NC, 27260
About This Home
excellent opportunity to own an income producing asset! Cash flowing nicely, with 7 active leases. Start making over $3000 per month, the day you close! Don't miss your chance at making some significant residual income, today! Buyer closing costs covered with full price offer. 10+ cap rate.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1922
Type & Style
- Home type: MultiFamily
- Property subType: Rooming House,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater
Heating & Cooling
- Heating features: Forced Air,Electric
- Cooling features: Central Air
Property
Details
- Parcel number: 0174706
- Zoning: rm
- Special condition: Owner Sale
Features
- Pool features: None
Lot
- Lot size dimensions: 12,632 sq ft
Parking
- Parking features: Enclosed,Lighted,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Guilford County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,567 | $18,804 |
| Home Insurance * | $192 | $2,304 |
| Property Taxes | $354 | $4,248 |
| Electricity | $200 | $2,405 |
| Total | $2,313 | $27,756 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-07 | Price change | $310,000 |
| 2025-12-12 | Listed for sale | $340,000 |
| 2025-01-01 | Listing removed | $275,000 |
| 2024-06-14 | Price change | $275,000 |
| 2024-05-22 | Price change | $220,000 |
| 2024-04-30 | Listed for sale | $235,000 |
| 2024-04-02 | Listing removed | $235,000 |
| 2024-03-11 | Listed for sale | $235,000 |
| 2024-02-23 | Pending sale | $235,000 |
| 2024-02-20 | Listed for sale | $235,000 |
| 2024-02-13 | Pending sale | $235,000 |
| 2024-02-07 | Listed for sale | $235,000 |
| 2024-02-02 | Pending sale | $235,000 |
| 2024-01-22 | Price change | $235,000 |
| 2024-01-10 | Price change | $240,000 |
| 2023-11-21 | Price change | $250,000 |
| 2023-10-13 | Listed for sale | $260,000 |
| 2023-09-14 | Listing removed | $275,000 |
| 2023-07-30 | Price change | $275,000 |
| 2023-06-08 | Listed for sale | $300,000 |
| 2022-04-18 | Sold | $160,000 |
| 2022-03-17 | Pending sale | $145,000 |
| 2022-03-11 | Listed for sale | $145,000 |
| 2017-11-09 | Sold | $15,000 |
| 2016-06-10 | Listing removed | -- |
| 2016-04-02 | Price change | $2,500 |
| 2016-03-18 | Listed for sale | $1,000 |
| 2008-10-17 | Sold | $60,000 |
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