Investment/income producing opportunity, sold AS IS. Offered with 208 Jones Franklin Road (next door) and 203 Jones Franklin Road (across the street); see MLS#'s 2189404 & 2189427, and reference attached plans for a great development opportunity. Unique density opportunity in R-6 zoning due to original lot platting. Beautiful old growth trees on property. Close to NC State, downtown and highway access. No signage on property. Do not disturb tenants. Listing Agent accompanies all showings.
Multi-familyProperty Type
1958Year Built
Listed by Brad Loder• Lodestar Associates, LLC
Bought with Cynthia Quarantello Realty Group - Brokered by Real Broker, LLC Quarantello• Keller Williams Realty Cary
Investment/income producing opportunity, sold AS IS. Offered with 208 Jones Franklin Road (next door) and 203 Jones Franklin Road (across the street); see MLS#'s 2189404 & 2189427, and reference attached plans for a great development opportunity. Unique density opportunity in R-6 zoning due to original lot platting. Beautiful old growth trees on property. Close to NC State, downtown and highway access. No signage on property. Do not disturb tenants. Listing Agent accompanies all showings.
Year
Property tax
Land + Additions
Assessment*
2025
$3,299 (+0.4%)
$150,075 + $223,675
$373,750
2024
$3,286 (+18.1%)
$150,075 + $223,675
$373,750
2023
$2,782 (+7.5%)
$150,075 + $223,675
$373,750
2022
$2,587 (+4.0%)
$103,500 + $148,020
$251,520
2021
$2,487 (+1.8%)
$103,500 + $148,020
$251,520
2020
$2,443 (+15.8%)
$103,500 + $148,020
$251,520
2019
$2,108 (+5.9%)
$103,500 + $148,020
$251,520
2018
$1,990 (+4.9%)
$68,425 + $110,056
$178,481
2017
$1,897 (+2.1%)
$68,425 + $110,056
$178,481
2016
$1,858 (−3.1%)
$68,425 + $110,056
$178,481
2015
$1,918 (+5.3%)
$68,425 + $110,056
$178,481
2014
$1,821 (+6.9%)
$68,200 + $113,213
$181,413
2013
$1,703
$68,200 + $113,213
$181,413
2012
$1,703 (+1.0%)
$68,200 + $113,213
$181,413
2011
$1,686
$68,200 + $113,213
$181,413
Tax history for 200 Jones Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,299 (+0.4%)
$150,075 + $223,675
$373,750
2024
$3,286 (+18.1%)
$150,075 + $223,675
$373,750
2023
$2,782 (+7.5%)
$150,075 + $223,675
$373,750
2022
$2,587 (+4.0%)
$103,500 + $148,020
$251,520
2021
$2,487 (+1.8%)
$103,500 + $148,020
$251,520
2020
$2,443 (+15.8%)
$103,500 + $148,020
$251,520
2019
$2,108 (+5.9%)
$103,500 + $148,020
$251,520
2018
$1,990 (+4.9%)
$68,425 + $110,056
$178,481
2017
$1,897 (+2.1%)
$68,425 + $110,056
$178,481
2016
$1,858 (−3.1%)
$68,425 + $110,056
$178,481
2015
$1,918 (+5.3%)
$68,425 + $110,056
$178,481
2014
$1,821 (+6.9%)
$68,200 + $113,213
$181,413
2013
$1,703
$68,200 + $113,213
$181,413
2012
$1,703 (+1.0%)
$68,200 + $113,213
$181,413
2011
$1,686
$68,200 + $113,213
$181,413
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.58 Acres
Year renovated
1975
Sq. Ft.
2,062
Year built
1958
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
0783.06 29 6109 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R-6
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.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Property details
Parking
Parking Information
Parking Features: Off Street
Interior
Interior Features
Flooring: Carpet, Laminate
Multi-Family Financial Information
Number Of Units Total: 2
Owner Pays: None
Exterior
Building Information
Building Area Total: 0.0
Exterior Features
Foundation Details: Slab
Lot Information
Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Zoning: R-6*
Financial
Tax Information
Tax Annual Amount: 1897.0
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Heat Pump, Natural Gas
Cooling: Yes
Cooling Information: Heat Pump
Location
School Information
Elementary School: Wake - Farmington Woods
Middle Or Junior School: Wake - Martin
High School: Wake - Athens Dr
Location Information
County Or Parish: Wake
Directions: I-440 to Jones Franklin Road Exit (1C); head north on Jones Franklin Road 0.6 miles, property on left. Or, from Western Blvd., turn south on Jones Franklin Road, property is on right. No signage on property (per Owner request).
Latitude: 35.780839
Longitude: -78.721355
Postal Code: 27606
Road Frontage Type: Other
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,062
Stories: 1.0
Lot Size: 0.58 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1958
Year Renovated: 1975
County: Wake County
APN: 0783.06 29 6109 000
Home facts updated by county records on Oct 30, 2026
Other
Listing Date Information
Contract Status Change Date: 2018-06-28
Documents Change Timestamp: 2023-11-28T22:14:11Z
Photos Change Timestamp: 2023-11-28T22:14:10Z
Price Change Timestamp: 2018-06-28T23:47:33Z
Listing Price Information
Previous List Price: 259000.0
Around this home
Schools
K - 12
Preschool & daycare
Farmington Woods Elementary
Public PreK-5 • Assigned • 3.3mi
8/10
Martin Middle
Public 6-8 • Assigned • 2.9mi
7/10
Athens Drive High
Public 9-12 • Assigned • 1.0mi
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
59% 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
$417,000 – $504,000
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