MLS# 100527335 – 501 Franklin Avenue, New Bern, NC 28560

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

Price: $400,000

Beds: 3

Baths: 2

Living Area SqFt: 2,115

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0.41

Lot Size SqFt: 17,860

Year Built: 1946

Neighborhood: Colonial Heights

Days on Website: 15

Courtesy of LINDA HOLLAND, COLDWELL BANKER SEA COAST ADVANTAGE

Property Description

A classic 1946 bungalow with timeless charm, this home is anything but a typical four-room layout. Warm and inviting, it offers far more space and versatility than expected. The living room sets the tone with calm paint colors, graceful arched doorways, and a large bay window that floods the space with natural light. Original pocket doors remain intact, leading to the formal dining room where a cozy fireplace and built-in bookshelves create a welcoming atmosphere.The kitchen has been thoughtfully updated and features a cheerful eat-in nook complete with a solar tube for extra light. A desirable split floor plan includes two bedrooms and a full bath on one side, offering comfort and privacy. Just off the primary bedroom, a light-filled sunroom–currently used as a studio–provides endless possibilities. Upstairs, a spacious loft offers another flexible living area, while the fully floored walk-in attic provides exceptional storage or potential for expansion. Add a full bathroom and definitely room for a clothing closet. Great flexibility.Pella windows throughout the home add efficiency and style. Outside, a large workshop/garage provides room for hobbies and projects, while the expansive backyard is the perfect retreat for gardening, entertaining, or simply relaxing.Recent updates include a brand-new heating system installed in May 2025. This home seamlessly blends 1940s character with thoughtful modern upgrades–move-in ready with space to grow.Centrally located to shopping, hospital and 7 min. to downtown New Bern.

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

$400,000 - 3Br/2Ba - for Sale in Colonial Heights, New Bern

Property Details and Features

Property Access
Road Type/Frontage: Public (City/Cty/St)

Appliances & Equipment
Dishwasher
Washer
Refrigerator
Range
Gas Oven
Dryer
Disposal

Attic Information
Floored
Walk-In

Basement
None

Bathrooms
2 total bathrooms
2 full bathrooms

Bedrooms
3 bedrooms

Building
Heated SqFt Range: 2000 – 2199
2,115 heated sqft
Built in 1946
2 stories
9 rooms
Construction: Wood Frame
Porch/Balcony/Deck: Covered,Open,Porch,Deck
Stories/Levels: One and One Half

Cooling
Other

Dining Room
Dining Room Type: Formal

Exterior Features
Exterior Features: Thermal Doors
Exterior Finish: Vinyl Siding
Exterior Structures: Shed(s),Workshop

Fence
Back Yard
Wire
Wood
Partial
Chain Link

Fireplaces
1

Floors
Laminate
Tile
Wood
Vinyl

Foundation
Crawl Space

Garage
1 detached garage space
1 garage space
1 detached carport space
1 total carport space
1 RV/boat space
3 driveway spaces
Garage & Parking: Tandem

Water Features
Electric

Heating
Gas Pack

Home Owner’s Association
HOA Amenities: No Amenities

Interior Features
Blinds/Shades
Solid Surface
Walk-In Closet(s)
Vaulted Ceiling(s)
Gas Log
Master Downstairs
Kitchen Island
Bookcases

Laundry
Laundry Location: Laundry Room

Listing
Listed on 2025-08-27
Construction Type: Stick Built
List Price/SqFt: $189
Terms: Cash,VA Loan,FHA,Conventional

Location
County: Craven
Zip Code: 28560
Latitude: 35.106156
Longitude: -77.069646
Subdivision: Colonial Heights
City Limits: Yes

Lot
17,860 sqft lot
Lot Dimensions: irr
0.41 acres
Lot Water Features: None

Energy Saving
Green Bldg Certify: None

Parking
Off Street
Paved
On Site

Pool
None

Possession
At Closing

Property
Zoning: res
Federal Flood Insurance available
Home Warr/Termite: Termite Company: Eastline
Home Warr/Termite: Termite Company Phone: 252-633-1719
Home Warr/Termite: Termite Bond

Roof
Shingle

Taxes
Tax Assessed Value: $235,270
Property Taxes: $2,036
County Taxes: $918
City Tax Rate: 3755
Tax Year: 2025

Utilities
Natural Gas Connected
Sewer Connected
Water Connected
Electric Provider: City of New Bern
Sewer Provider: City of New Bern
Water Provider: City of New Bern

Property Map

$400,000 – 501 Franklin Avenue, New Bern, NC 28560

Street View

Nearby Schools

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© 2025 Hive MLS

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of September 14, 2025 8:29PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor COLDWELL BANKER SEA COAST ADVANTAGE shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.