508 E  Franklin St, Monroe, NC 28112
Property image
Property image
OFF MARKET

$336,900

Trulia Estimate
as of Nov 3, 2026
  • 4 Beds
  • 2.5 Baths
  • 1,738 sqft

508 E Franklin St, Monroe, NC 28112

Home Highlights

Single-Family Home
1,738 sqft
$194/sqft

Local Information

  • Map ViewExplore the area around 508 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located at E. Franklin St. and Morgan Mill Rd., This 4 bedroom home has plenty of space for your family!

This won't last long!!
508 E Franklin St, Monroe, NC 28112 is a 4 bedroom, 3 bathroom, 1,738 sqft single-family home. It last sold for $261,000 on Jun 1, 2021 (14,440% above the $1,795 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $1,795 per month. That rental listing was removed on April 2, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $336,900, with a rent estimate of $2,083/month.

Home Details for 508 E Franklin St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Comparable Sales for 508 E Franklin St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$375,000
08/20/26
4
2.5
2,448 sqft
0.08
Single-Family Home
$299,000
06/05/26
3
2
1,376 sqft
0.21
Single-Family Home
$310,000
12/22/25
3
2
1,651 sqft
0.34
Single-Family Home
$310,000
09/01/26
3
2
1,372 sqft
0.47
Single-Family Home
$264,800
03/13/26
4
2
2,287 sqft
0.37
Single-Family Home
$270,000
03/06/26
3
2
1,167 sqft
0.33
Single-Family Home
$360,000
04/10/26
3
2
2,262 sqft
0.43
Single-Family Home
$355,000
05/18/26
4
3.5
1,779 sqft
0.54
Single-Family Home
$320,000
11/25/25
4
2
1,720 sqft
0.47
Single-Family Home
$275,000
03/24/26
3
2
1,308 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Apr 2, 2025
Source: Zillow Rentals
ListingRemoved
$1,795
Mar 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,795
Oct 27, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Oct 22, 2021
Source: Zillow Rental Network Premium
PriceChange
$1,795
Price decreased by 3%
Sep 30, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$1,850

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Monroe

At least 234 Trulia users voted on each feature.
  • 83 % Say car is needed

  • 83 % Say parking is easy

  • 77 % Say yards are well-kept

  • 68 % Say there's holiday spirit

  • 64 % Say kids play outside

  • 64 % Say it's dog friendly

  • 56 % Say it's quiet

  • 49 % Say streets are well-lit

  • 48 % Say they plan to stay for at least 5 years

  • 45 % Say there are sidewalks

  • 45 % Say people would walk alone at night

  • 43 % Say neighbors are friendly

  • 38 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kate Earp
    "Quick and easy to get to everywhere that I need to go. Traffic has definitely picked up over the past few years "
  • Antoine Moore
    "Don’t know yet, people seem friendly. Will update with important information should I find out. It has a close park but not walkable."
  • Workingmichael101
    "Yes, I see many people walking theirs! Usually women. It’s Very safe here. Very family oriented and no thru traffic whatsoever. We even leave the doors unlocked if gone for a dhort period. "
  • Kadeshia M.
    "Neighborhoods have sidewalks, everyone here is dog friendly for the most part, and dog owners pick up after their dogs on walks. "
  • Nachet D.
    "The YMCA is always hosting events for the youth in this neighborhood... the YMCA also has an after school and summer program"
  • Paul L.
    "great friendly neighborhood great neighbors safe and quiet. well maintained yards and people help each other "
  • Jessica D.
    "I love this neighborhood but the houses here are made with pretty cheap material I wish I could live here"
  • Marcelino W.
    "I lived in this area before for a few years and I absolutely loved it. The people are friendly and it is a good place to raise a family. "
  • Meg
    "The people are sociable and family oriented. Its a safe neighborhood. I moved here and I wouldn't have chosen anywhere else"
  • Mary W
    "Neighbors look out for each other. Children can play all day without worry or incident. Very calm and family oriented neighborhood. "
  • Michael A.
    "We've lived here for 19 years. Very nice, quiet, close to shopping. Neighbors are good, all different cultures and ages. "
  • Shelby B.
    "That our children are safe and that there are safe places where they can go to the neighborhood enjoy themselves."
  • Natalia P.
    "It’s easy to get into Charlotte and the surrounding areas from Monroe. We are close to 485 so highway access is easy. "
  • Jagabry03
    "my neighborhood does not have access to public transportation. I have older neighbors that are pretty nice and great citizens. I feel safe in my neighborhood and think we look out for one another, if out of town."
  • Morganhollow
    "20 min to New Town. Leave at 5am. Roads are free of traffic delays. Back home at 9:30. Leave again ar 1:00."
  • Tedwards52
    "It’s quieter than most neighborhoods, and there’s a wide variety of people here including children, the elderly, and wonderful people from the LGBTQ+ community. Everyone is friendly!"
  • Angelek H.
    "There is nothing unique about my neighborhood. it looks the same as all the new neighborhoods that are being built."
  • Kendramrtn
    "Awesome family neighborhood we have been a part of for five years! Cannot stand the thought of leaving. Very safe!"

LGBTQ Local Legal Protections

Frequently asked questions about 508 E Franklin St

  • What is 508 E Franklin St estimated to be worth?
    Trulia's estimated value for 508 E Franklin St in Monroe, NC is $336,900.
  • What is the price history for 508 E Franklin St?
    508 E Franklin St in Monroe, NC last sold for $261,000 in June 2021.
  • Is Monroe a buyer's or seller's market?
    Monroe is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Monroe?
    The median sale price in Monroe is $373K. That is up $11.7K from the prior month.

Homes for rent near 508 E Franklin St

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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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