$821,700
as of Aug 28, 2026
- 3 Beds
- 2 Baths
- 1,100 sqft
- 3 Beds
- 2 Baths
- 1,100 sqft
520 E Franklin St, Raleigh, NC 27604
Home Highlights
Property Type
Apartment
Living Area
1,100 sqft
Price/Sqft
$747
Local Information
-- mins to
About this House
Historic Oakwood Apartment. Walk to downtown Raleigh and Glenwood South.
This is a wonderful 3 bedroom 2 bath apartment with a lot of nice extras. Second floor apartment is 1100 square feet and has a separate living room and dining room and gorgeous 2nd floor front porch off the living room. There is also a shared back deck. Off street parking for 2 cars is available, plenty of on street parking. Washer and dryer in the unit.
Renter is responsible for all utilities (water, electric and gas). No Smoking is allowed.
This is a wonderful 3 bedroom 2 bath apartment with a lot of nice extras. Second floor apartment is 1100 square feet and has a separate living room and dining room and gorgeous 2nd floor front porch off the living room. There is also a shared back deck. Off street parking for 2 cars is available, plenty of on street parking. Washer and dryer in the unit.
Renter is responsible for all utilities (water, electric and gas). No Smoking is allowed.
520 E Franklin St, Raleigh, NC 27604 is a 3 bedroom, 2 bathroom, 1,100 sqft apartment in Mordecai. It last sold for $321,000 on Sep 20, 2013 (18,243% above the $1,750 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $1,750 per month. That rental listing was removed on February 1, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $821,700, with a rent estimate of $2,148/month.
Home Details for 520 E Franklin St
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 YearAvailable: now |
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Appliances & Utilities DishwasherDryerWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Carpet |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 520 E Franklin St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.89 | Apartment | $432,000 | 07/13/26 | 2 | 2 | 1,159 sqft | |
1.00 | Apartment | $359,000 | 09/17/25 | 2 | 2 | 1,056 sqft | |
1.05 | Apartment | $400,000 | 09/25/25 | 2 | 2 | 1,144 sqft | |
1.07 | Apartment | $317,500 | 12/02/25 | 1 | 1.5 | 920 sqft | |
1.04 | Apartment | $589,500 | 03/06/26 | 3 | 3 | 1,725 sqft | |
0.89 | Apartment | $390,000 | 10/03/25 | 1 | 1 | 965 sqft | |
1.90 | Apartment | $378,000 | 05/11/26 | 2 | 2 | 978 sqft | |
1.45 | Apartment | $208,500 | 02/24/26 | 1 | 1 | 925 sqft | |
1.93 | Apartment | $400,000 | 07/08/26 | 2 | 2 | 1,000 sqft | |
1.61 | Apartment | $550,000 | 02/13/26 | 2 | 1 | 900 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 1, 2026 Source: Zillow Rentals | ListingRemoved | $1,750 |
Jan 11, 2026 Source: Zillow Rentals | Listed For Rent | $1,750 |
Aug 22, 2023 Source: Zillow Rentals | ListingRemoved | |
Aug 2, 2023 Source: Zillow Rentals | Listed For Rent | $1,750 |
Sep 20, 2013 Source: N/A | Sold | $321,000 |
Sep 10, 1998 Source: N/A | Sold | $78,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,668 | $760,044 |
Home facts updated by county records
Frequently asked questions about 520 E Franklin St
- What is 520 E Franklin St estimated to be worth?Trulia's estimated value for 520 E Franklin St in Raleigh, NC is $821,700.
- What is the price history for 520 E Franklin St?520 E Franklin St in Raleigh, NC last sold for $321,000 in September 2013.
- 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 520 E Franklin St have air conditioning?Yes, 520 E Franklin St in Raleigh, NC has air conditioning.
- Does 520 E Franklin St have laundry facilities?Yes, 520 E Franklin St in Raleigh, NC has in-unit laundry.
Homes for rent near 520 E Franklin St
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.

