115 Allen Ave, Franklinton, NC 27525

$250,000
3
BD
2
BA
1,400
SqFt

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Seller Representative The Acorn Agency, LLC

List Price
$250,000
Status
ACTIVE
MLS#
10186529
Bedrooms
3
Bathrooms
2
Full-baths
1
Half-baths
1
Living Area
1,400
Lot Size
22,651
Subdivision
Not In A Subdivision
Year Built
1978
Acres
0.52

Property Description

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!

Additional Information

Style
Ranch
Foundation
Crawl Space
Accessibility Features
Accessible Approach with Ramp
Elementary School
Franklin - Franklinton Elementary
Middle School
Franklin - Franklinton Middle School
High School
Franklin - Franklinton High
Water
Public
Flooring
Carpet, Tile, Vinyl
Roof
Shingle
Heating
None

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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .