Investment in West Raliegh, 1.08 acre. Zoned R-6. Lot will accomodate 6 units. House can be used as a duplex. Upsatirs Apt. rents for $500/mo. 800 sq. ft.
Single-familyProperty Type
1920Year Built
1.08 acresLot Size
$206Est. Price/Sq.Ft.
2 car garageParking
Listed by Diana Lambeth• Berkshire Hathaway HomeService
Bought with Diana Lambeth• Berkshire Hathaway HomeService
Investment in West Raliegh, 1.08 acre. Zoned R-6. Lot will accomodate 6 units. House can be used as a duplex. Upsatirs Apt. rents for $500/mo. 800 sq. ft.
Public Records
Oct 8, 2003
Sold
$200,000
$79/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,707 (+0.4%)
$195,750
2024
$1,700 (+15.5%)
$195,750
2023
$1,472 (+7.7%)
$195,750
2022
$1,367 (+4.1%)
$135,000
2021
$1,314 (+1.9%)
$135,000
2020
$1,290 (+24.7%)
$135,000
2019
$1,034 (−53.0%)
$135,000
2018
$2,198 (+4.9%)
$89,250
2017
$2,095 (+2.1%)
$89,250 + $108,295
$197,545
2016
$2,052 (+14.3%)
$89,250 + $108,295
$197,545
2015
$1,795 (+5.4%)
$89,250 + $108,295
$197,545
2014
$1,703 (+7.0%)
$93,000 + $78,493
$171,493
2013
$1,592
$93,000 + $78,493
$171,493
2012
$1,592 (+1.0%)
$93,000 + $78,493
$171,493
2011
$1,576
$93,000 + $78,493
$171,493
Tax history for 503 Jones Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,707 (+0.4%)
$195,750
2024
$1,700 (+15.5%)
$195,750
2023
$1,472 (+7.7%)
$195,750
2022
$1,367 (+4.1%)
$135,000
2021
$1,314 (+1.9%)
$135,000
2020
$1,290 (+24.7%)
$135,000
2019
$1,034 (−53.0%)
$135,000
2018
$2,198 (+4.9%)
$89,250
2017
$2,095 (+2.1%)
$89,250 + $108,295
$197,545
2016
$2,052 (+14.3%)
$89,250 + $108,295
$197,545
2015
$1,795 (+5.4%)
$89,250 + $108,295
$197,545
2014
$1,703 (+7.0%)
$93,000 + $78,493
$171,493
2013
$1,592
$93,000 + $78,493
$171,493
2012
$1,592 (+1.0%)
$93,000 + $78,493
$171,493
2011
$1,576
$93,000 + $78,493
$171,493
*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
—
Lot width
—
Lot depth
—
Lot size
1.03 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Wake County
APN
0783.10 26 6953 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
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
Property details
Parking
Parking Information
Garage Spaces: 2
Parking Features: Garage
Interior
Bathroom Information
Bathrooms Full: 3
Bedroom Information
Bedrooms Total: 4
Interior Features
Appliances: Electric Water Heater, Gas Water Heater
Laundry Features: Main Level
Interior Features: Eat-in Kitchen, Entrance Foyer
Fireplace: Yes
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Carpet, Vinyl
Room Information
Crawl Space
Exterior
Building Information
Construction Materials: Aluminum Siding
Building Area Total: 2540.0
Exterior Features
Patio and Porch Features: Deck, Porch
Property information
Living Area: 2,540
Above Grade Finished Area: 2540.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other
Lot Information
Lot Size Acres: 1.08
Lot Size Area: 1.08
Lot Size Dimensions: 00
Lot Size Square Feet: 47044.8
Lot Size Units: Acres
Zoning: R-6
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Association Fee Includes: None
School Information
Elementary School: Wake - Reedy Creek
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr
Location Information
County Or Parish: Wake
Directions: One Block off US 1-64
Latitude: 35.774529
Longitude: -78.721565
Postal Code: 27606
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.03 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Wake County
APN: 0783.10 26 6953 000
Home facts updated by county records on Oct 30, 2026
Other
hidden custom fields
Main Level
Around this home
Schools
K - 12
Preschool & daycare
Adams Elementary
Public PreK-5 • Assigned • 2.2mi
8/10
Lufkin Road Middle
Public 6-8 • Assigned • 7.1mi
9/10
Athens Drive High
Public 9-12 • Assigned • 0.7mi
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 105° 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
$498,000 – $602,000
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