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506 Franklin St

Troy, OH 45373

5 bd 2 ba 2,486 sqft Built 1920 Lot 9,148 sqft multi_family
Most recent sale
$199,900
Dec 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 26, 2022 Listing removed $224,000 Dayton
Dec 23, 2021 Sold $199,900 MLS #1013112
Aug 19, 1997 Sold $125,000 Public Record
Jul 18, 1986 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $83,580 $9,380 $92,960 $3,239
2024 $83,580 $9,380 $92,960 $2,586
2023 $57,960 $9,770 $67,730 $2,530
2022 $57,960 $9,770 $67,730 $2,160
2021 $46,380 $7,810 $54,190 $1,820
2020 $46,380 $7,810 $54,190 $1,823
2019 $46,380 $7,810 $54,190 $1,839
2018 $41,720 $8,440 $50,160 $1,770
2017 $41,720 $8,440 $50,160 $1,788
2016 $41,720 $8,440 $50,160 $1,761
2015 $38,640 $7,810 $46,450 $1,702
2014 $38,640 $7,810 $46,450 $1,701
2013 $38,640 $7,810 $46,450 $1,712
2012 $43,580 $7,910 $51,490 $1,831
2011 $43,580 $7,910 $51,490 $1,834
2010 $43,580 $7,910 $51,490 $1,786
2009 $45,890 $8,330 $54,220 $1,852
2008 $45,890 $8,330 $54,220 $1,797
2007 $45,890 $8,330 $54,220 $1,808

Property facts

Year built
1920
Property type
multi_family
Stories
Beds
5
Baths
2
Living area
2,486 sqft
Lot size
9,148 sqft
ZIP code
45373
City
Troy
Street
Franklin St
Coordinates
40.03603, -84.19871

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,199
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Franklin St last sell?
506 Franklin St most recently sold on Dec 23, 2021 for $199,900.
What is the current tax assessment for 506 Franklin St?
The most recent total assessment for 506 Franklin St (year 2025) is $92,960 with $3,239 in property tax.
How does 506 Franklin St's assessment compare to its last sale price?
The current assessment is 53.5% below the last sale price of $199,900.
When was 506 Franklin St built?
506 Franklin St was built in 1920.
How does 506 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 506 Franklin St?
506 Franklin St is a 5 bed, 2 bath, 2,486 sqft, 9,148 sqft lot multi_family.
Is 506 Franklin St a flip candidate?
No — 506 Franklin St does not appear in our flips dataset.
Is 506 Franklin St a tax-appeal candidate?
No — 506 Franklin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$333.3K
2026 Q4
$335.2K
ZIP 45373 — Median Price History + Forecast

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