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$199,000
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Property Description
Recently renovated 4-bedroom, 5-bath ranch in the heart of downtown Franklin! This spacious home features a custom kitchen with granite countertops, modern lighting, and laminate flooring. The main level offers 4 bedrooms, 2 baths, main-floor laundry, and impressive 10-foot ceilings. The expansive basement includes a large rec room with dividers to customize the space, 2 half baths, and ample storage, offering endless possibilities. Recent updates include newer electric, new boiler, new drywall, and more. The property provides approximately 20 parking spaces, perfect for boats, RVs, trailers, or guests. Conveniently located across from the Allegheny River, OARS Allegheny, the Franklin Boat Launch, and nearby biking and walking trails. A rare opportunity with space, updates, and an unbeatable location!
Full Property Details
Full Property Details for 545 Elk St
General
- Price: $199,000
- Taxes: $6,150
- Status: Active
- Type: Single Family
- Source: 702
- MLS ID: 164143
- Updated: 8/13/2026
- Added to Site: 32 day(s) ago
Interior
- Number of Rooms: 14
- Appliances: W/D Hook Up
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Cable TV Available, High Speed Internet, Paved Drive, Storage Shed, TV Antenna, Waterview
Parking
- Garage Description: None
Location
- County: Venango
School Information
- School District: Franklin
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Baseboard, Hot Water, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Exterior Const.: Brick
- Basement Desc.: Finished
- Roof: Composition
- Square Feet: 3,569
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.25
- Zoning: R-2
Financial Considerations
- Tax Amount: $6,150
Listed by 1st Rate Realty, LLC
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Schools
Schools serving 545 Elk St
School District:Franklin Area School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Franklin, PA 1276 Otter Street, Franklin, PA 16323 | K-6 | 1.1 mi |
Franklin Area High School 246 Pone Lane, Franklin, PA 16323 | 9-12 | 1.7 mi |
Franklin Area Middle School 246 Pone Lane, Franklin, PA 16323 | 7-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 545 Elk St
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$199,000
-2.93%
MLS
7/24/2026
Listed
$205,000
0.05%
MLS
7/31/2023
Sold
$204,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 545 Elk St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,864
3%
$149,610
—
2025
$5,677
7%
$149,610
—
2024
$5,303
—
$149,610
—
2023
$5,303
-16%
$149,610
-16%
2022
$6,278
117%
$177,120
116%
2021
$2,893
-82%
$82,080
-82%
2020
$16,159
—
$458,440
—
2019
$16,159
—
$458,440
—
2018
$16,159
—
$458,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 545 Elk St
545 Elk Street, Franklin, PA 16323 (MLS# 164143) is a Single Family property with 4 bedrooms and 0 full bathrooms. 545 Elk Street is currently listed for $199,000 and was received on July 24, 2026. Want to learn more about 545 Elk Street? Do you have questions about finding other Single Family real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

