504 E Franklin St, Raleigh, NC 27604
OFF MARKET

$1,133,300

Trulia Estimate
  • 6 Beds
  • 4 Baths
  • 4,560 sqft

504 E Franklin St, Raleigh, NC 27604

Mordecai
Est. Refi. Payment $6,412/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.13M
Since last month
Decreased$46K (-3.9%)
Since last year
Decreased$47K (-3.9%)
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 +42% in the last 10 years
MonthEstimated value
2026
August 2026$1.13M
July 2026$1.18M
June 2026$1.18M
May 2026$1.19M
April 2026$1.16M
March 2026$1.17M
February 2026$1.16M
January 2026$1.15M
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
415 E Lane St, Raleigh, NC
0.40
Multi-Family Home
$1,050,000
06/15/26
5
3.5
3,328
215 Lafayette Rd, Raleigh, NC
0.36
Multi-Family Home
$717,000
01/20/26
4
3
2,136
404 E Edenton St, Raleigh, NC
0.62
Multi-Family Home
$570,000
11/25/25
6
5
3,677
409 Oakwood Ave, Raleigh, NC
0.33
Multi-Family Home
$795,000
07/29/26
4
3
2,585
1403 Mordecai Dr, Raleigh, NC
0.65
Multi-Family Home
$663,000
03/17/26
6
3
2,592
1308 Wake Forest Rd, Raleigh, NC
0.49
Multi-Family Home
$618,500
09/15/25
5
2
2,400
903 New Bern Ave, Raleigh, NC
0.73
Multi-Family Home
$635,000
10/17/25
5
3
2,908
1612 Boyer St, Raleigh, NC
1.09
Multi-Family Home
$1,000,000
03/23/26
8
4
3,905
123 Star St, Raleigh, NC
1.21
Multi-Family Home
$500,000
12/30/25
8
4
4,698
536 E Jones St, Raleigh, NC
0.54
Multi-Family Home
$662,500
12/15/25
2
2
1,438

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
516 E Franklin St, Raleigh, NC 27604
0.05
$781,300
4
2.5
2,188
Off Market
518 Holden St, Raleigh, NC 27604
0.07
$642,000
3
2
1,359
Recently Sold
515 Pace St, Raleigh, NC 27604
0.04
$1,203,400
4
3.5
3,113
Off Market
504 Holden St, Raleigh, NC 27604
0.06
$900,600
3
2.5
1,780
Off Market
601 E Franklin St, Raleigh, NC 27604
0.09
$786,100
2
2
1,874
Off Market
515 Holden St, Raleigh, NC 27604
0.10
$506,900
2
2
1,116
Off Market
808 Elm St, Raleigh, NC 27604
0.10
$1,310,500
4
3.5
3,042
Off Market
519 Holden St, Raleigh, NC 27604
0.11
$620,000
2
2
1,282
Recently Sold
606 E Franklin St, Raleigh, NC 27604
0.10
$837,600
3
2
1,483
Off Market
816 N Bloodworth St, Raleigh, NC 27604
0.09
$740,000
3
2
1,740
Recently Sold
816 N Bloodworth St #1, Raleigh, NC 27604
0.09
$740,000
-
-
-
Recently Sold
608 E Franklin St, Raleigh, NC 27604
0.11
$853,400
2
2
1,415
Off Market

Local Information

  • Map ViewExplore the area around 504 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1998
Living Area
4,560 sqft
Price/Sqft
$249

About this House

This multi-family home is located at 504 E Franklin St, Raleigh, NC. 504 E Franklin St is in the Mordecai neighborhood in Raleigh, NC and in ZIP code 27604. This property has 6 bedrooms, 4 bathrooms and approximately 4,560 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1998.
504 E Franklin St, Raleigh, NC 27604 is a 6 bedroom, 4 bathroom, 4,560 sqft multi-family in Mordecai, built in 1998. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,133,300, with a rent estimate of $2,420/month.

Home Details for 504 E Franklin St

Interior Features

Interior Details
BasementNumber of Rooms: 21
Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Cement Concrete
Parking & Garage
Parking: On Street

Property Information

Year Built
Year Built: 1998Year Updated: 1998
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 2

Lot Information

Lot Area: 5227 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$9,018
$1,029,450
Home facts updated by county records

Market trends in Raleigh

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$440K
$8.33KMoM
Sale-to-List Price
98.9%
Price per sq ft
$235
$1MoM
Available listings
2216
26MoM

Around this home

Neighborhood Overview

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

What Locals Say about Mordecai

At least 35 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 90 % Say there are sidewalks

  • 83 % Say car is needed

  • 79 % Say parking is easy

  • 78 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 69 % Say neighbors are friendly

  • 69 % Say it's quiet

  • 66 % Say yards are well-kept

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 48 % Say there's wildlife

  • 38 % Say there are community events

  • 24 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Lots of parks and sidewalks to walk pets without harassment from local residents. Restaurants nearby also happily accommodate pets with outdoor seating"
    1
    Flag
  • Sarah G.
    "There are public transit locations all around my neighborhood and great shops and local restaurants within walking distance. A great, quaint neighborhood with lots of young families. "
    0
    Flag
  • Pamela L.
    "Very close knit historic community with unique original architecture. I love the community feeling I get when talking to my neighbors. It’s like we are a large family "
    5
    Flag
  • Ledguitar73
    "Safe for kids to ride bikes after dark, just like an old school neighborhood. Also regular potlucks at the Mordecai house."
    0
    Flag
  • Carameljeng
    "It’s quite and no crimes here . There is no issue with the neighbors , and it’s child friendly . You leave here for years with no issue of an sort"
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 504 E Franklin St

  • What is 504 E Franklin St estimated to be worth?
    Trulia's estimated value for 504 E Franklin St in Raleigh, NC is $1,133,300.
  • Is Raleigh a buyer's or seller's market?
    Raleigh is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Raleigh?
    The median sale price in Raleigh is $440K. That is up $8.33K from the prior month.
  • What do residents say about the Mordecai neighborhood?
    Residents describe the Mordecai neighborhood in Raleigh, NC as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Mordecai, Raleigh.
  • Does 504 E Franklin St have air conditioning?
    Yes, 504 E Franklin St in Raleigh, NC has air conditioning.
  • Does 504 E Franklin St have parking?
    Yes, 504 E Franklin St in Raleigh, NC has on-site parking.

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