Back on the market–your opportunity to own a home with incredible potential, just a short walk to downtown Franklinton! This spacious, character-filled home is ready for its next chapter and priced to reflect the work needed–being sold AS IS.
This property offers incredible potential with its generous layout and classic charm, making it a great opportunity for investors or buyers looking to create their dream home.
Key improvements have already been started, including the upstairs HVAC system replaced in 2025, giving a solid head start on major systems.
Enjoy the convenience of being walking distance to downtown Franklinton, where you can take advantage of local shops, dining, and the charm of this growing community. With the price already reflecting needed improvements, this is a chance to secure a property with upside in a desirable location. Summary of inspection report in documents. Bring your vision and make it your own!
8 categories
Near 12 S Chavis Street · Franklinton, NC 27525
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
12 S Chavis Street offers significantly more square footage for a similar price point, but it requires a substantial renovation to match the move-in ready state of this home. This sold listing on Green Street was already updated with modern kitchens and four private ensuite bathrooms, which is a rare luxury. While the home for sale has a lower cost per foot, you would likely spend that savings on the repairs needed to reach this level of finish. It is a classic trade-off between buying more space to fix up versus buying a completed, smaller project.
This property on Whitaker Street represents a fully restored historic gem where all the heavy lifting—plumbing, electrical, and foundation work—has already been completed. In contrast, 12 S Chavis Street is a blank canvas that needs significant investment to reach this standard of living. The price gap reflects both the larger size of the Whitaker home and the peace of mind that comes with a turnkey historic restoration. You are essentially choosing between a finished masterpiece and a property with 'incredible potential' that needs a vision.
This sold listing on Cheatham Street is a prime example of a high-end luxury renovation, featuring quartz countertops, a designer primary suite, and even a pet-washing station. 12 S Chavis Street is priced much lower because it lacks these premium finishes and requires 'AS IS' repairs to its major systems. While the home for sale has great potential and character, the massive price difference highlights the value added by professional-grade updates and larger acreage. This is a clear comparison between a luxury-tier asset and a renovation opportunity.
What nearby homes sold for, the full listing history, the neighborhood numbers — that’s the homework we do on every home before you make a move.


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