1204 fifth Avenue, Lexington NC

  • 0.7 ac

For Sale $319,000

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Remarks:

Please do not disturb the tenants. Fully brick duplex offering immediate cash flow with both units currently leased at $1,020/month each. One unit is leased through September 2026, and the other through January 2027, providing stable, long-term income. Each unit features 2 bedrooms and 1 full bath, with functional layouts ideal for long-term tenants. Recent updates include fresh interior paint (2023) and new flooring throughout (2023), giving both units a clean, modern feel. Each unit is equipped with its own dedicated laundry space and updated laundry plumbing, adding convenience and long-term value. Low-maintenance brick exterior paired with a strong rental history makes this property a solid addition to any investment portfolio. Conveniently located near local amenities, shopping, and major roadways in Lexington. Great opportunity for investors!

General Information:

List Price: $319,000
Status: For Sale
Type: Duplex
Parking: Attached Carport
MLS Number: CAR4376307
Year Built: 1967
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
05-16-2026 Listed $319,000 N/A
01-17-2026 Under Contract $435,000 N/A
11-09-2025 Relisted $435,000+8.89% N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Southwest Elementary School 1 miles 01-05 6
Pickett Elementary School 1 miles 01-05 5
South Lexington Development Center 2 miles KG-06 N/A
Charles England Elementary School 2 miles 01-05 4
Stoner-Thomas School 4 miles KG-06 N/A

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.

Properties For Sale Nearby

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
1204 fifth Avenue, Lexington NC 0 mi $319,000 days
210 Avondale Drive, Lexington NC 0.3 mi $265,000 days
109 Forest Hill Road, Lexington NC 0.7 mi $499,900 days
705 5th Avenue, Lexington NC 0.7 mi $261,000 days
503 Quail Lane, Lexington NC 0.7 mi $269,900 days
1 Knob Drive, Lexington NC 0.8 mi $224,000 days
1 to 6 of 6 Result

Sold Properties Nearby

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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 27295

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By COMPASS

    1204 fifth Avenue, Lexington NC is a ft2 on a 0.710 acres Appraisal lot. This is for $319,000. This has bedrooms, baths, and was built in 1967.

    Based on information submitted to the MLS GRID as of 2026-05-16 10:35:53 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.