16 Ledge St
Franklin, MA 02038
- 6 Beds
- 3 Baths
- 2,952 sqft (on 0.36 acres)
6 Beds
3 Baths
2,952 sqft
(on 0.36 acres)
Home Value
Trulia Estimate
$753KSince last month
Decreased$7K (-0.9%)Since last year
Increased$17K (+2.3%)Since last sale
Increased$584K (+345.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +80% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $753K |
| July 2026 | $759K |
| June 2026 | $742K |
| May 2026 | $748K |
| April 2026 | $742K |
| March 2026 | $753K |
| February 2026 | $744K |
| January 2026 | $729K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $544,000 | 12/05/25 | 4 | 2 | 2,014 | |
0.45 | Multi-Family Home | $876,000 | 09/12/25 | 5 | 3 | 2,640 | |
0.41 | Multi-Family Home | $570,000 | 11/24/25 | 6 | 4 | 2,594 | |
0.44 | Multi-Family Home | $850,000 | 10/03/25 | 6 | 4 | 2,599 | |
0.53 | Multi-Family Home | $960,000 | 07/10/26 | 7 | 3 | 2,959 | |
0.18 | Multi-Family Home | $1,087,500 | 01/06/26 | 10 | 5 | 3,844 | |
0.79 | Multi-Family Home | $730,000 | 07/06/26 | 5 | 2 | 2,493 | |
0.90 | Multi-Family Home | $600,000 | 11/03/25 | 4 | 2 | 2,081 | |
0.81 | Multi-Family Home | $649,900 | 09/19/25 | 4 | 3 | 2,000 | |
0.82 | Multi-Family Home | $1,450,000 | 04/01/26 | 8 | 4 | 6,276 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $699,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.06 | $735,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.06 | $685,020 | 3 | 2.5 | 1,735 | Recently Sold | |
0.06 | $649,900 | 3 | 2.5 | 1,735 | Recently Sold | |
0.08 | $679,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.08 | $729,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.08 | $685,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.09 | $758,800 | 4 | 2 | 2,368 | Off Market | |
0.09 | $515,600 | 4 | 2 | 1,524 | Off Market | |
0.10 | $649,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.11 | $730,000 | 3 | 2.5 | 1,735 | Recently Sold | |
0.12 | $607,400 | 4 | 1.5 | 1,913 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Lot Size
0.36 acres
Living Area
2,952 sqft
Price/Sqft
$255
About this House
Solid three family investment property on quiet side street in desirable Franklin. Investors, take note. This building has strong income with historical rents totaling $3,000 per month and low expenses with all separate utilities and maintenance free siding and newer rubber roofing. Low maintenance interior with lots of hardwood and ceramic. This property shows beautifully and will prove to be a strong investment for years to come. Nice lot with ample off street parking and detached garage to boost income and appeal. Large basement with laundry areas. Public water and sewer. Don't pass up on this opportunity. Prequalified buyers only.
16 Ledge St, Franklin, MA 02038 is a 6 bedroom, 3 bathroom, 2,952 sqft multi-family built in 1900. It last sold for $169,050 on Feb 28, 2012. It is currently off market. The Trulia Estimate is $752,700, with a rent estimate of $2,498/month.
Home Details for 16 Ledge St
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Interior Details BasementNumber of Rooms: 15Types of Rooms: Breakfast Nook, Dining Room, Family Room |
Heating & Cooling Heating: OilHeating Fuel: Oil |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Appliances & Utilities Refrigerator |
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Exterior Home Features Roof: OtherExterior: Vinyl |
Parking & Garage Parking Spaces: 8Parking: Off Street |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 3 |
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Lot Area: 0.36 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 2, 2014 Source: Agent Provided | ListingRemoved | $339,900 |
May 10, 2014 Source: Agent Provided | Listed For Sale | $339,900 |
Mar 26, 2014 Source: Agent Provided | ListingRemoved | $339,900 |
Mar 22, 2014 Source: Agent Provided | Pending | $339,900 |
Mar 17, 2014 Source: Agent Provided | Listed For Sale | $339,900 |
Feb 28, 2012 Source: N/A | Sold | $169,050 |
Nov 29, 2011 Source: Agent Provided | PriceChange | $219,900 Price decreased by 4% |
Nov 16, 2011 Source: Agent Provided | PriceChange | $230,000 Price decreased by 6% |
Oct 17, 2011 Source: Agent Provided | PriceChange | $245,000 Price decreased by 6% |
Sep 24, 2011 Source: Agent Provided | PriceChange | $260,000 Price decreased by 5% |
Sep 8, 2011 Source: Agent Provided | PriceChange | $274,900 Price decreased by 5% |
Aug 3, 2011 Source: Agent Provided | PriceChange | $289,900 Price decreased by 8% |
Jul 16, 2011 Source: Agent Provided | Listed For Sale | $315,000 |
Apr 13, 2011 Source: N/A | Sold | $286,204 |
Oct 17, 2000 Source: N/A | Sold | $216,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,518 | $647,000 |
Home facts updated by county records
Market trends in Franklin
Last updated July 2026
Avg. sale price
$694K
$35KMoM
Sale-to-List Price
103.6%
Price per sq ft
$340
$7MoM
Available listings
66
7MoM
Around this home
What Locals Say about Franklin
At least 185 Trulia users voted on each feature.
94 % Say it's dog friendly
90 % Say parking is easy
87 % Say car is needed
82 % Say there are sidewalks
80 % Say people would walk alone at night
79 % Say there's holiday spirit
77 % Say yards are well-kept
76 % Say kids play outside
70 % Say there's wildlife
66 % Say streets are well-lit
65 % Say it's quiet
60 % Say neighbors are friendly
48 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
42 % Say there are community events
41 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 16 Ledge St
- What is 16 Ledge St estimated to be worth?Trulia's estimated value for 16 Ledge St in Franklin, MA is $752,700.
- What is the price history for 16 Ledge St?16 Ledge St in Franklin, MA last sold for $169,050 in February 2012.
- Is Franklin a buyer's or seller's market?Franklin is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Franklin?The median sale price in Franklin is $694K. That is up $35K from the prior month.
- Does 16 Ledge St have parking?Yes, 16 Ledge St in Franklin, MA has on-site parking.

