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412 N Cheatham Street

Franklinton, NC 27525

3 beds
2 baths
2,240 sqft
~1 acre lot
$167 per sqft
1954 build
– on site

Unique 1.1-acre opportunity in revitalized downtown Franklinton with dual street access from N Cheatham and Pine Street. The town has indicated that two homes could be built on the back portion of the lot, depending on size and design, making this a prime investment or redevelopment site. The existing home offers flexible use with two bedrooms, one full bath, a vintage kitchen, and 20x27 bonus room that adds substantial square footage and could serve as a large living space, home office, or entertainment room. Plus, a private mother-in-law suite with its own entrance, driveway, kitchen, bath, laundry, and dedicated mini-split system. The lot includes a detached garage, three outbuildings, and multiple mature trees, raised garden bed, and lush landscaping in bloom—just blocks from Franklinton's thriving downtown scene. Easy access to US-1, NC-56, and commuter routes to Raleigh, Wake Forest, and RTP. Live, rent, build, or hold—this property delivers options.

Listing courtesy of DMLS / EXP Realty LLC

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# 10083186 —

The Building

Year Built:

1954
New Construction:

false
Construction Materials:

Batts Insulation
Architectural Style:

Ranch
Roof:

Shingle
Foundation Details:

Slab
Stories:

1
Levels:

One
Basement:

true
Basement:

Crawl Space
Common Walls:

No Common Walls
Door Features:

ENERGY STAR Qualified Doors
Window Features:

Blinds
Patio And Porch Features:

Awning(s)
Building Area Total:

2240
Building Area Units:

Square Feet
Above Grade Finished Area:

2240
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Rooms Total:

15
Interior Features:

Apartment/Suite
Flooring:

Carpet
Fireplace:

true
Fireplace Features:

Blower Fan
Laundry Features:

Electric Dryer Hookup

Room Dimensions

Living Area:

2240
Living Area Units:

Square Feet

Location

Directions:

Head north on S Wilmington St toward New Bern Pl Turn left onto E Edenton St Turn right onto N McDowell St N McDowell St turns slightly right and becomes US-401 N/Capital Blvd Keep left to continue on US-1 N/Capital Blvd Turn right onto N Cheatham St Destination will be on the left
Latitude:

36.110436
Longitude:

-78.457589
Coordinates:

-78.457589, 36.110436

The Property

Property Type:

Residential
Lot Features:

Back Yard
Property Subtype:

Single Family Residence
Parcel Number:

009105
Lot Size Acres:

1.1
Lot Size Area:

1.1
Lot Size SqFt:

47916
Lot Size Units:

Acres
Exterior Features:

Awning(s)
Other Structures:

Garage(s)
Road Frontage Type:

City Street
Road Surface Type:

Asphalt
View:

true
View:

Neighborhood

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

4220.54

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://listings.lighthousevisuals.com/sites/opgpobr/unbranded
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Ductless
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Built-In Electric Range

Schools

Elementary School:

Franklin - Franklinton
Middle Or Junior School:

Franklin - Franklinton
High School:

Franklin - Franklinton

The Community

Subdivision Name:

Not in a Subdivision
Association:

false
Pool Private:

false

Parking

Garage:

true
Garage Spaces:

2
Attached Garage:

false
Parking Features:

Additional Parking
Open Parking:

false
Other Parking:

2 driveways

Monthly cost estimate

Asking price

$375,000

Expense	Monthly cost
Mortgage	$2,008
Taxes	$351
Insurance	$103
Utilities	$181 See report
Total	$2,643/mo.^*
	^*This is an estimate

Explore the Area

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Walk Score®

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/16/25 Apr 16, 2025	Price Changed	DMLS	$375,000	-4.3%
3/28/25 Mar 28, 2025	Price Changed	DMLS	$392,000	-6.2%
3/21/25 Mar 21, 2025	Listed / Active	DMLS	$418,000

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This house located in Franklinton, NC 27525 is currently for sale for $375,000. 412 N Cheatham Street is a 2,240 square foot house with 3 beds and 2 baths that has been on Estately for 30 days. This house is in the attendance area of Franklinton High School, Franklinton Elementary School, and Franklinton Middle School.

Listing Courtesy of: DMLS and EXP Realty LLC.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.