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

$821,700

Trulia Estimate
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

Mordecai

Home Highlights

Property Type
Apartment
Living Area
1,100 sqft
Price/Sqft
$747

Local Information

  • Map ViewExplore the area around 520 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Carpet

Exterior Features

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

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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

Price and Tax history

DateEventPrice
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

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

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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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