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

516 E Franklin St
Raleigh, NC 27604

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

$824,000

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $4,652/mo*

$824,000

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $4,652/mo*
4 Beds
2.5 Baths
2,188 sqft

Local Information

  • Map ViewExplore the area around 516 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Beautifully designed custom home within walking distance to restaurants, fitness center, historic park and pharmacy. Plan built to buyer's specific design requests and information is entered for comp purposes. Established builder listed in the Top 15 Triangle Business Journal Custom Home Builders. Price based on buyer obtaining their own construction perm financing or paying cash.
516 E Franklin St, Raleigh, NC 27604 is a 4 bedroom, 3 bathroom, 2,188 sqft single-family home in Mordecai, built in 2017. It last sold for the $589,776 asking price on Dec 29, 2016. It is currently off market. The Trulia Estimate is $824,000, with a rent estimate of $3,129/month.

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 516 E Franklin St

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2188 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, MicrowaveDishwasherLaundry: Main LevelMicrowave
Heating & Cooling
Heating: Natural Gas, ZonedHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas LogHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Accessible Washer/DryerFloors: Carpet, Hardwood, Tile
View
Has a View

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PorchNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportNo GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2188 Square Feet

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: Site BuiltArchitecture: Craftsman
Building
Construction Materials: Fiber CementIs a New Construction

Price & Status

Price
List Price: $589,776

Active Status

MLS Status: Closed

Location

Direction & Address
City: RaleighCommunity: Oakdale
School Information
Elementary School: Wake - ConnJr High / Middle School: Wake - OberlinHigh School: Wake - Broughton

Building

Building Area
Building Area: 2188 Square Feet

HOA

HOA Fee Includes: UnknownNo HOA

Lot Information

Lot Area: 6098.4 sqft

Miscellaneous

Mls Number: 2091650Above Grade Unfinished Area: 2188

Additional Information

Source Internet Entire Listing Display
Last check for updates: about 2 hours ago
Listed by Katherin Burnette, (919) 523-4912
Triangle Real Estate Group
Bought with: Kimberlie Meeker, (919) 623-0095, Carpenter Real Estate Group
Source: Doorify MLS, MLS#2091650

Price History for 516 E Franklin St

DatePriceEventSource
12/29/2016$589,776Sold
Doorify MLS #2091650

Market trends in Raleigh

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$6.83K
MoM
Sale-to-List Price
98.6%
0.4%
MoM
Price per sq ft
$231
$2
MoM
Available listings
2189
116
MoM
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Comparable Sales for 516 E Franklin St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$642,000
07/01/26
3
2
1,359
0.21
Single-Family Home
$860,000
04/24/26
4
2.5
2,138
0.15
Single-Family Home
$887,000
11/21/25
3
2
1,839
0.25
Single-Family Home
$675,000
02/23/26
3
2.5
2,021
0.28
Single-Family Home
$945,000
09/03/25
4
2.5
2,382
0.05
Single-Family Home
$799,000
07/23/25
2
2
1,874
0.23
Single-Family Home
$615,000
12/01/25
3
2
1,400
0.12
Single-Family Home
$740,000
05/15/26
3
2
1,740
0.47
Single-Family Home
$655,000
05/07/26
4
2
1,829
0.34
Single-Family Home
$875,000
06/11/26
4
2.5
2,098

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E Franklin St.
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 St

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Off Market Homes Near 516 E Franklin St

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.