116 E Franklin St #501, Richmond, VA 23219
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 815 sqft

116 E Franklin St #501, Richmond, VA 23219

Monroe Ward

Home Highlights

Apartment
815 sqft

Local Information

  • Map ViewExplore the area around 116 E Franklin St #501.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to Linden Towers, where comfort meets convenience in the heart of Richmond's Monroe Ward.
Enjoy beautiful skyline views and unbeatable access to downtown with a Walk Score of 98 placing dining, shopping, universities, and entertainment just steps from your door. Each apartment features spacious layouts, hardwood-style flooring, and a fully equipped kitchen with dishwasher and microwave. Large windows bring in plenty of natural light, while central air keeps you comfortable year-round. Residents enjoy elevator access, on-site laundry, and online rent payments, plus a pet-friendly policy for both cats and dogs. Experience the best of city living at Linden Towers, schedule your tour today before availability runs out!

12 Month leases and renter is responsible for electricity and renters insurance.
116 E Franklin St #501, Richmond, VA 23219 is a 2 bedroom, 1 bathroom, 815 sqft apartment in Monroe Ward. More recently, it was listed as a rental in June 2026 with an asking price of $1,545 per month. That rental listing was removed on June 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,412/month.

Home Details for 116 E Franklin St #501

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: Central Air, Ceiling FanHeating Fuel: Electric
Appliances & Utilities
DishwasherMicrowave
Levels, Entrance, & Accessibility
ElevatorFloors: Carpet, Hardwood, Linoleum Vinyl

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: One Year LeaseAvailable: now

Exterior Features

Parking & Garage
Parking: None

Additional Information

Gated

Comparable Sales for 116 E Franklin St #501

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
212 E Clay St #U3A, Richmond, VA
0.08
Apartment
$360,000
06/24/26
2
2
1,397 sqft
1101 W Clay St, Richmond, VA
0.77
Apartment
$380,000
05/01/26
1
1
900 sqft
109 E Clay St, Richmond, VA
0.27
Apartment
$350,000
11/03/25
4
4
1,408 sqft
318 W Broad St, Richmond, VA
0.34
Apartment
$890,000
03/19/26
1
575 sqft
415 W Grace St, Richmond, VA
0.35
Apartment
$950,000
09/30/25
4
2
2,500 sqft
3 S Vine St, Richmond, VA
1.11
Apartment
$180,000
01/06/26
2
1
725 sqft
701 Allison St #U8, Richmond, VA
1.47
Apartment
$290,000
08/26/26
2
1
717 sqft
2012 Stuart Ave, Richmond, VA
1.38
Apartment
$1,650,000
08/04/26
2
2
1,100 sqft
2021 North Ave, Richmond, VA
1.36
Apartment
$800,000
12/02/25
2
2
1,200 sqft
1 S Vine St, Richmond, VA
1.11
Apartment
$610,000
01/06/26
4
2
1,406 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Monroe Ward

Last updated Sep 2026
Trulia Rent Estimate$1,412/mo
Average rent
$1.34K
$60MoM
Available listings
38
View rental market trends in Richmond, VA

Around this home

Neighborhood Overview

Monroe Ward
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Monroe Ward

  • Trulia User
    "there are buses everywhere there is traffic in the traffic times there is parking but you have to pay in see areas "
    0
    Flag
  • Hblantonpohl
    "Not tons of green space but is dog friendly. Close to the river and Monroe Park for folks to walk to easily. Some owners don’t clean up but there are plenty of trash cans for waste. "
    0
    Flag
  • Chanel G.
    "This is a college area full of undergraduate students. Not suitable for kids. I have lived here for three years and I have not seen a school bus come down my street at all"
    1
    Flag
  • Caseyk785
    "The people that live in the city are very passionate about their community & sticking together and coming together to help one another out. "
    1
    Flag
  • Natasha D. A.
    "I walk to and from both VCU campuses but I am also close to the GRTC Pulse system (which helps when I don't want to walk)."
    0
    Flag
  • Crystal
    "We have merchants, vendors and artists displays on the First Friday of every month AKA "First Fridays". The Christmas Parade can be viewed comfortably from my living room windows. It's the heart of the Arts District! "
    1
    Flag
  • Pamrunac
    "I love the convenience of city living and all the restaurants and activities in the area all year round."
    3
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 24, 2026
Source: Zillow Rentals
ListingRemoved
$1,545
Jun 9, 2026
Source: Zillow Rentals
Listed For Rent
$1,545
Jun 20, 2024
Source: Zillow Rentals
ListingRemoved
May 13, 2024
Source: Zillow Rentals
Listed For Rent
$1,395

Frequently asked questions about 116 E Franklin St #501

  • Is Richmond a buyer's or seller's market?
    Richmond is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Richmond?
    The median sale price in Richmond is $403K. That is up $7.5K from the prior month.
  • What are the closest schools to 116 E Franklin St #501?
    The closest schools to 116 E Franklin St #501 in Richmond, VA are Binford Middle School (rated 1/10), Mary Scott Preschool (Elementary/Middle/High), Thomas Jefferson High School (rated 4/10).
  • Does 116 E Franklin St #501 have air conditioning?
    Yes, 116 E Franklin St #501 in Richmond, VA has air conditioning.

Homes for rent near 116 E Franklin St #501

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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