157 Jones Franklin Rd is a 2,884 square foot multi-family home on a 0.38 acre lot. - it last sold on August 31, 2006 for $160,000. Based on Redfin's Raleigh data, we estimate the home's value is $488,053.
Multi-familyProperty Type
1950Year Built
0.38 acresLot Size
$169Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$488,053
$328K since sold in August 2006$24K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.1% lower than the average sale price ($635K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-6
SRPOD
Residential-6 District
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.
Zone overlays
Special Residential Parking Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Mar 3, 2026 • Final
Temporary street, lane, and sidewalk closures and dumpster or pod placement
Replace a damaged electrical service riser with a new service riser.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Partial
Bathroom Information
# of Bathroom Fixtures: 5
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Part Basement
Building Style Type: Duplex
Exterior Wall: Brick
Roof Shape Type: Gable
Building Type: Two Family
Property Information
Subdivision Name: FAIRVIEW HILLS
Living Sq. Ft: 2,884
Building Sq. Ft: 2,884
# of Units: 2
# of Stories: 1
Stories Type: 1
Legal Description: LO1-4 FAIRVIEW HILLS RCMB BLA BM2022-02257
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,553
Legal Lot Number: 1
Municipality Name: RALEIGH
Acres: 0.38
Zoning Code: R-6
County Use Description: RESIDENTIAL-2 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,884
Stories: 1.0
Lot Size: 0.38 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1980
County: Wake County
APN: 0783.06 29 7396 000
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Farmington Woods Elementary
Public PreK-5 • Assigned • 3.4mi
8/10
Martin Middle
Public 6-8 • Assigned • 2.9mi
7/10
Athens Drive High
Public 9-12 • Assigned • 1.1mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27606
Average low and high temperatures (°F)
49
31
55
37
70
47
77
56
79
61
90
70
92
74
83
69
81
64
70
53
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$464,000 – $562,000
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