516 E. Franklin, Raleigh, NC 27604
OFF MARKET

516 E. Franklin
Raleigh, NC 27604

Mordecai
  • 3 Beds
  • 2.5 Baths
  • 2,188 sqft

$1,082,100

Trulia Estimate
as of Jun 6, 2026
Est. Refi. Payment $6,041/mo*

$1,082,100

Trulia Estimate
as of Jun 6, 2026
Est. Refi. Payment $6,041/mo*
3 Beds
2.5 Baths
2,188 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This single-family home is located at 516 E. Franklin, Raleigh, NC. 516 E. Franklin is in the Mordecai neighborhood in Raleigh, NC and in ZIP code 27604. This property has 3 bedrooms, 3 bathrooms and approximately 2,188 sqft of floor space.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 516 E. Franklin

Property Information

Property Type / Style
Property Type: Single Family Home

Price History for 516 E. Franklin

DatePriceEventSource
12/29/2016$589,776Sold
N/A

Market trends in Raleigh

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$420K
$1.67K
MoM
Sale-to-List Price
98.2%
0.3%
MoM
Price per sq ft
$229
$1
MoM
Available listings
2066
140
MoM
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Comparable Sales for 516 E. Franklin

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$740,000
05/15/26
3
2
1,740
0.25
Single-Family Home
$675,000
02/23/26
3
2.5
2,021
0.05
Single-Family Home
$799,000
07/23/25
2
2
1,874
0.15
Single-Family Home
$887,000
11/21/25
3
2
1,839
0.23
Single-Family Home
$615,000
12/01/25
3
2
1,400
0.23
Single-Family Home
$865,000
03/31/26
3
2
1,899
0.21
Single-Family Home
$860,000
04/24/26
4
2.5
2,138
0.21
Single-Family Home
$1,264,000
04/14/26
3
2.5
2,385
0.33
Single-Family Home
$815,000
07/30/25
3
2
1,717
0.31
Single-Family Home
$600,000
05/26/26
3
2
1,192

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E. Franklin.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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"
  • 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. "
  • 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 "
  • Ledguitar73
    "Safe for kids to ride bikes after dark, just like an old school neighborhood. Also regular potlucks at the Mordecai house."
  • 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"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E. Franklin

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Off Market Homes Near 516 E. Franklin

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Homes for rent near 516 E. Franklin

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516 E. Franklin, Raleigh, NC 27604 is a 3 bedroom, 3 bathroom, 2,188 sqft single-family home. 516 E. Franklin is located in Mordecai, Raleigh. This property is not currently available for sale. 516 E. Franklin was last sold on Dec 29, 2016 for $589,776. The current Trulia Estimate for 516 E. Franklin is $1,082,100.