Skip to main contentSkip to navigation
1 / 68
Images
Map
Street

Improved Mixed-Use Land for Sale in Franklin Township, North Carolina

423 Iotla St, Franklin Township, NC 28734

$975,000
2.4 acres
Active sale
ago
Est $4,807/mo

Commercial opportunity awaits in downtown Franklin, NC! One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location for development. CITY water, sewer and Toccoa natural gas are available and the parcel is off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites. Picture 14 townhomes with a courtyard & dog park; 7 duplex homes with single-level living to attract senior residents; 4 to 10 single family homes (or lots); or a magnificent in-town estate nestled with privacy between the old oak trees. Rezoning for other opportunities is also possible. Owned by Dr. J.H. Fouts in the 1890's, this historic two-family home (with full apartment below) could be an absolute showplace! Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub and simply timeless charm. A beautiful 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive workshop/storage space. An open canvas of possibilities awaits on Iotla Street!

2,000
Sq feet
2
Full baths
1890
Built

Location

Street address
423 Iotla St
Community
Franklin
Elevation
2,087 feet
Coordinates
35.1875, -83.3835

Directions

From Franklin take Main Street to the corner of Iotla, head north and property is on the right. Or take the Depot Extension to left on Iotla Street, property is on the left. Starts near the corner of Sanctuary Village and ends near the corner of White Oak Circle.

Property details

Acreage
2.41 acres
Zoning
R-1
MLS #
FBR 26046538
Posted

Property taxes

Recent
$1,572

Parcels

  • 6595027125

Details and features

Listing

Type
Commercial Sale

Lot

Vegetation
Partially Wooded
Features
City, City Lot

Exterior

Parking
Off Street

Structure

Stories
1
Roof
Shingle

Interior

Rooms
Bathroom x 2
Flooring
Ceramic Tile, Hardwood, Vinyl

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
East FranklinElementary
MacOn MiddleMiddle
FranklinHigh

Listing history

DateEventPriceChangeSource
Apr 6, 2026New listing$975,000FBR
Subscribe to listing updates

Payment calculator

This 2.41-acre property is located at 423 Iotla St in Franklin Township, NC 28734. The property is available for sale for $975,000. It has a 2,000 sq ft structure built in 1890.

Checked 2 hours ago — Updated

Report listing issue

Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact