For Sale $319,000
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!
| List Price: | $319,000 |
| Status: | For Sale |
| Type: | Duplex |
| Parking: | Attached Carport |
| MLS Number: | CAR4376307 |
| Year Built: | 1967 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| 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 |
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.
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 |
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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
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.
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