Skip main navigation
For sale
  • Price cut: $5K (5/13)
    $470,000

    101 W 5th Ave, Lexington, NC 27292

    0beds
    0baths
    4,985sqft
    : 
    Stick/Site Built, Residential, Single Family Residence
    Built in 1900
    1.3 Acres Lot
    $446,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Incredible Investment Opportunity Near Downtown Lexington – Duplex + Multi-Unit Potential! Unlock the potential of this unique investment property located just minutes from the heart of downtown Lexington! This rare find includes a fully-rented duplex, 1 bed and 1 bath each side, on m-t-m leases, providing immediate cash flow of $1700 a month! In addition to a second structure with the space and layout potential for up to four separate units, each with 3 beds, the plans for which have already been drawn up and included in the listing, just ready for your vision and finishing touches.
    18 days
    on Zillow
    |
    351
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: 12 hours ago

    Listed by:

    James Kirchner 828-768-5763,

    Mark Spain Real Estate

    Source: Triad MLS,MLS#: 1178603MLS LogoOriginating MLS: Greensboro
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 101 W 5th Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Primary bedroom
    • Level: Main
    • Dimensions: 27.08 x 16
    Bedroom 2
    • Level: Main
    • Dimensions: 13.42 x 11.42
    Bedroom 3
    • Level: Second
    • Dimensions: 16.08 x 19.67
    Bedroom 4
    • Level: Second
    • Dimensions: 16.33 x 18.42
    Bedroom 5
    • Level: Second
    • Dimensions: 16.17 x 15.33
    Dining room
    • Level: Main
    • Dimensions: 16.17 x 14
    Kitchen
    • Level: Main
    • Dimensions: 14.33 x 16
    Living room
    • Level: Second
    • Dimensions: 15.75 x 35.25
    Living room
    • Level: Main
    • Dimensions: 18.5 x 32
    Sunroom
    • Level: Main
    • Dimensions: 19.58 x 14.75
    Heating
    • None, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Unfinished, Cellar, Crawl Space
    • Number of fireplaces: 5
    • Fireplace features: Den, Living Room, Primary Bedroom
    Interior area
    • Total structure area: 5,424
    • Total interior livable area: 4,985 sqft
    • Finished area above ground: 4,985

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 1.3 Acres
    • Dimensions: 106 x 186 x 99 x 33 x 8 x 218
    Details
    • Parcel number: 11111000D0004000
    • Zoning: 2.N
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick/Site Built, Residential, Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lexington

    Financial & listing details

    • Tax assessed value: $141,850
    • Annual tax amount: $1,844
    • Date on market: 4/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Loading
    • Loading