For Sale $225,000
Nestled on a quiet residential street just minutes from historic downtown Statesville, this move-in-ready 5-bedroom, 2-bath home blends mid-century charm with thoughtful updates. Built in 1966, the 1½-story residence has been refreshed with freshly painted walls, new hallway flooring and a new gas-furnace motor, so you can simply unpack and start living. With approximately 1,488 sq ft of living area, the floorplan offers flexibility for multi-generational living, roommates or house-hacking. Central heating, a heat-pump/air-conditioning system and ceiling fans keep the interior comfortable year-round. The kitchen includes a dishwasher, disposal and electric range plus a refrigerator. The main-level laundry area adds convenience. Outside, the level 0.25-acre lot features an asphalt driveway, a carport for two vehicles and a fenced backyard. . There is also a storage shed/outbuilding for gardening tools or hobbies. The home is on a community well and septic system, and there’s no HOA, keeping ownership costs low. With five bedrooms, the property could easily accommodate large families, tenants or short-term rentals, and it has previously met Section 8 housing standards (up to $2,500 per month as noted by the seller), making it an attractive option for investors. Whether you’re seeking a comfortable family home or a smart investment, 1129 Rita Avenue delivers. Its spacious layout, recent upgrades make it move-in-ready, while its Section 8 eligibility and lack of HOA add potential for strong rental income. Above all, its position near the heart of Statesville allows you to enjoy a vibrant downtown, endless outdoor recreation and the convenience of being minutes from major interstates. Come experience life where “it all comes together.” Schedule your appointment today! Can close quickly!
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1096 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4312046 |
| Subdivision: | Lincoln Estates |
| Bathrooms: | 2 |
| Year Built: | 1966 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 11-02-2025 | Listed | $225,000 | $206 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| N B Mills Elementary School | 1 miles | PK-05 | 1 |
| American Renaissance School | 2 miles | KG-06 | 9 |
| Success Charter School | 3 miles | KG-06 | 1 |
| Celeste Henkel Elementary School | 3 miles | PK-05 | 5 |
| Pressly School | 4 miles | KG-06 | N/A |
| Third Creek Elementary School | 4 miles | PK-05 | 2 |
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 |
| 1129 Rita Avenue, Statesville NC | 0 mi | $225,000 | days | |
| 1309 Williams Road, Statesville NC | 0.1 mi | $110,700 | days | |
| 812 Candy Drive, Statesville NC | 0.4 mi | $329,000 | days | |
| 119 Mary Locke Way, Statesville NC | 0.4 mi | $360,040 | days | |
| 149 Mary Locke Way, Statesville NC | 0.4 mi | $320,040 | days | |
| 137 Mary Locke Way, Statesville NC | 0.4 mi | $358,040 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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 NextHome Authority
1129 Rita Avenue, Statesville NC is a 1096 ft2 on a 0.250 acres Appraisal lot. This is for $225,000. This has 5 bedrooms, 2 baths, and was built in 1966.
Based on information submitted to the MLS GRID as of 2025-11-02 11:45:19 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.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.