For Sale $225,000
Investor/value-add opportunity in the heart of Troutman. This 2 bedroom, 1 bath home sits on a 0.15-acre lot zoned CB (Central Business), offering flexibility beyond traditional residential use. Built in 1949, the home is being sold as-is and is ready for a buyer to bring their vision, whether that's a light rehab for rental or resale, or something more suited to the commercial zoning. Located directly across from Troutman Elementary and just a short walk from downtown Troutman's shops and restaurants, with easy access to Lake Norman and I-77. Sold strictly as-is. Do not disturb tenant.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 992 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4408749 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Cleared |
| Year Built: | 1949 |
| Sewer Type: | Public Sewer |
| Elementary: | Troutman |
| Middle: | Troutman |
| High: | South Iredell |
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $225,000 | $227 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Troutman Elementary School | 0 miles | PK-05 | 5 |
| Third Creek Elementary School | 4 miles | PK-05 | 2 |
| Success Charter School | 5 miles | KG-06 | 1 |
| Shepherd Elementary School | 6 miles | PK-05 | 8 |
| American Renaissance School | 6 miles | KG-06 | 9 |
| N B Mills Elementary School | 6 miles | PK-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 112 Rumple Street, Troutman NC | 0 mi | $225,000 | days | |
| 124 Rumple Street, Troutman NC | 0 mi | $325,000 | days | |
| 126 Thomas Street, Troutman NC | 0.2 mi | $200,000 | days | |
| 310 Church Street, Troutman NC | 0.2 mi | $305,000 | days | |
| 305 Church Street, Troutman NC | 0.3 mi | $240,000 | days | |
| 339 Eastway Drive, Troutman NC | 0.3 mi | $269,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By The Plumb Line Realty, Inc.
112 Rumple Street, Troutman NC is a 992 ft2 on a 0.150 acres lot. This is for $225,000. This has 2 bedrooms, 1 baths, and was built in 1949.
Based on information submitted to the MLS GRID as of 2026-08-12 02:00:31 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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