$299,000
1,928 Sqft
Active
Active86 Days on Market$155/sqft▼ 6.3% from originalListed Apr 30, 2026MLS# CAR4376307
1204 fifth Avenue, Lexington, NC 27295
$299,000 · 1928 sqft
About This Property
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!
Location
1204 fifth Avenue, Lexington, NC 27295
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Property Details
Overview
Property TypeDuplex
Year Built1967
Lot Size0.71 Acres
Interior
Sqft1,928
HeatingHeat Pump
Cooling / A/CCentral Air
Exterior
ExteriorBrick Full
FoundationSlab
Financial
List Price$299,000
Original Price$319,000
Location
Address1204 fifth Avenue, Lexington, NC 27295
CityLexington
CountyDavidson
StateNC
Zip27295
Listed by COMPASS · angelica.shchetinin@compass.com MLS# CAR4376307
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 09/13/2026, 02:24:31 AM. 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.
Information deemed reliable but not guaranteed. Buyer to verify all information.
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