48224 Us Hwy 52 None, Misenheimer NC
- 4 Bed
- 2 Bath
- 1824 ft2
- 0.7 ac
For Sale $239,900
Remarks:
INVESTMENT OPPORTUNITY...1/2 MILE FROM PFEIFFER UNIVERSITY! Offered at $239,900, this all-brick ranch presents a unique opportunity for investors or families with students attending Pfeiffer University. Currently configured for student housing with four individual sleeping rooms, the property is leased to four university students generating $1,500 per month in rental income. Existing leases run through May 2027, with tenants responsible for utilities and lawn maintenance. The current 10-month lease structure and affordable room rates offer potential for increased future rental income. The home features approximately 1,824 square feet, including a converted garage that provides valuable additional flex/living space and a laundry area. Other highlights include a spacious lot, large deck, 9'x12' storage building, and an approximately 3-year-old HVAC heat pump. The home retains much of its original character, has been well maintained, and offers the durability of brick construction. With its exceptional proximity to Pfeiffer University's main campus and established student rental history, this property offers an attractive opportunity for investors seeking rental income or parents considering a housing investment for their college student. Property is being sold subject to existing leases through May 2027. Virtual tour and floor plan available. Come make this yours today!
General Information:
| List Price: | $239,900 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1824 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4433641 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Level, Wooded |
| Year Built: | 1955 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-15-2026 | Listed | $239,900 | $132 |
| 01-23-2026 | Listed | $299,900 | $165 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Richfield Elementary School | 2 miles | KG-05 | 5 |
| Morgan Elementary School | 8 miles | PK-05 | 4 |
| Rockwell Elementary School | 9 miles | PK-05 | 5 |
| Mount Pleasant Elementary | 10 miles | KG-05 | 7 |
| Ethan H Shive Elementary School | 10 miles | PK-05 | 4 |
| Central Elementary School | 10 miles | KG-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.
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 |
| 48224 Us Hwy 52 None, Misenheimer NC | 0 mi | $239,900 | days | |
| 306 Stoneyard Road, Richfield NC | 0.6 mi | $540,000 | days | |
| 49354 Reeves Island Road, Misenheimer NC | 0.8 mi | $475,000 | days | |
| 108 Bradford Street, Richfield NC | 1 mi | $299,900 | days | |
| 124 Lee Street, Richfield NC | 1.3 mi | $235,000 | days |
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28137
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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.
Property Listing Information
A Courtesy Listing Provided By Real Broker, LLC
48224 Us Hwy 52 None, Misenheimer NC is a 1824 ft2 on a 0.670 acres lot. This is for $239,900. This has 4 bedrooms, 2 baths, and was built in 1955.
Based on information submitted to the MLS GRID as of 2026-10-15 15:00:23 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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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.
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