505 E Franklin St, Raleigh, NC 27604
Property image
Property image
OFF MARKET

$709,800

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,425 sqft

505 E Franklin St, Raleigh, NC 27604

Mordecai
Est. Refi. Payment $4,145/mo*
Refinance Your Home
Currently Off Market - Sold Dec 2, 2009 for $1,325

Home Value

Trulia Estimate
$710K
Since last month
Decreased$16K (-2.2%)
Since last year
Increased$3K (+0.4%)
Since last sale
Increased$709K (+53,507.5%)
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 +77% in the last 10 years
MonthEstimated value
2026
August 2026$710K
August 2026$708K
July 2026$726K
June 2026$734K
May 2026$739K
April 2026$717K
March 2026$714K
February 2026$708K
January 2026$690K
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
519 Holden St, Raleigh, NC
0.08
Single-Family Home
$620,000
07/30/26
2
2
1,282
518 Holden St, Raleigh, NC
0.05
Single-Family Home
$642,000
07/01/26
3
2
1,359
816 N Bloodworth St, Raleigh, NC
0.07
Single-Family Home
$740,000
05/15/26
3
2
1,740
603 Polk St, Raleigh, NC
0.28
Single-Family Home
$710,000
04/01/26
2
2
1,372
907 Elm St, Raleigh, NC
0.15
Single-Family Home
$600,000
07/27/26
3
2
1,319
509 N East St, Raleigh, NC
0.25
Single-Family Home
$615,000
12/01/25
3
2
1,400
530 Elm St, Raleigh, NC
0.20
Single-Family Home
$887,000
11/21/25
3
2
1,839
221 Glascock St, Raleigh, NC
0.24
Single-Family Home
$600,000
05/08/26
2
1
1,198
214 Lafayette Rd, Raleigh, NC
0.29
Single-Family Home
$600,000
05/26/26
3
2
1,192
605 Polk St, Raleigh, NC
0.28
Single-Family Home
$865,000
03/31/26
3
2
1,899

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
518 Holden St, Raleigh, NC 27604
0.05
$642,000
3
2
1,359
Recently Sold
515 Pace St, Raleigh, NC 27604
0.06
$1,207,200
4
3.5
3,113
Off Market
504 Holden St, Raleigh, NC 27604
0.04
$908,200
3
2.5
1,780
Off Market
601 E Franklin St, Raleigh, NC 27604
0.08
$786,100
2
2
1,874
Off Market
808 Elm St, Raleigh, NC 27604
0.08
$1,317,100
4
3.5
3,042
Off Market
515 Holden St, Raleigh, NC 27604
0.07
$508,600
2
2
1,116
Off Market
519 Holden St, Raleigh, NC 27604
0.08
$620,000
2
2
1,282
Recently Sold
606 E Franklin St, Raleigh, NC 27604
0.10
$841,800
3
2
1,483
Off Market
816 N Bloodworth St, Raleigh, NC 27604
0.07
$740,000
3
2
1,740
Recently Sold
816 N Bloodworth St #1, Raleigh, NC 27604
0.07
$740,000
-
-
-
Recently Sold
608 E Franklin St, Raleigh, NC 27604
0.11
$856,000
2
2
1,415
Off Market
614 E Franklin St, Raleigh, NC 27604
0.13
$987,300
3
2
1,797
Off Market

Local Information

  • Map ViewExplore the area around 505 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1910
1,425 sqft
$498/sqft

About this House

Adorable 1910 Bungalow in Historic Oakwood! Hardwoods throughout. Large family room with 11 ft Ceiling. Formal Dining Room. Great kitchen with all appliances and pantry/laundry room. Master bedroom w/ walk-in closet and huge, bright master bath w/pedestal sink & claw foot tub. Deck overlooking large fenced in yard w/shed. Great driveway for off street parking. Must see! Washer and Dryer included. Pets Negotiable. Available 12/18!

Tenant pays Electric, Gas, Lawn Maint. Sewer/ Water
505 E Franklin St, Raleigh, NC 27604 is a 2 bedroom, 2 bathroom, 1,425 sqft single-family home in Mordecai, built in 1910. It last sold for $1,325 on Dec 2, 2009. More recently, it was listed as a rental in October 2020 with an asking price of $2,100 per month. That rental listing was removed on December 14, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $709,800, with a rent estimate of $2,550/month.

Home Details for 505 E Franklin St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 6
Appliances & Utilities
DryerWasher

Property Information

Year Built
Year Built: 1910Year Updated: 1970
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
Parking: None

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Dec 14, 2020
Source: Agent Provided
ListingRemoved
$2,100
Oct 22, 2020
Source: Agent Provided
Listed For Rent
$2,100
Jun 17, 2019
Source: Agent Provided
ListingRemoved
$2,000
Jun 4, 2019
Source: Agent Provided
PriceChange
$2,000
Price decreased by 9%
May 13, 2019
Source: Agent Provided
PriceChange
$2,200
Price decreased by 4%

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 505 E Franklin St

  • What is 505 E Franklin St estimated to be worth?
    Trulia's estimated value for 505 E Franklin St in Raleigh, NC is $709,800.
  • What is the price history for 505 E Franklin St?
    505 E Franklin St in Raleigh, NC last sold for $1,325 in December 2009.
  • 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.
  • Does 505 E Franklin St have laundry facilities?
    Yes, 505 E Franklin St in Raleigh, NC has in-unit laundry.
  • How big is the lot at 505 E Franklin St?
    The lot at 505 E Franklin St in Raleigh, NC is about 0.17 acres (7,405 sq ft).

Explore by feature - Pet Friendly

1146 pet-friendly rentals in Raleigh, NC

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

1247 rentals with a washer/dryer in Raleigh, NC

Explore by feature - Outdoor Space

287 rentals with an outdoor space in Raleigh, NC

Apartments for Rent

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Off Market Homes Near 505 E Franklin St

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