Investor/value-add opportunity in the heart of Troutman. This 2 bedroom, 1 bath home sits on a 0.15-acre lot zoned CB (Central Business), offering flexibility beyond traditional residential use. Built in 1949, the home is being sold as-is and is ready for a buyer to bring their vision, whether that's a light rehab for rental or resale, or something more suited to the commercial zoning. Located directly across from Troutman Elementary and just a short walk from downtown Troutman's shops and restaurants, with easy access to Lake Norman and I-77. Sold strictly as-is. Do not disturb tenant.
Active
$225,000
112 Rumple St, Troutman, NC 28166
2beds
992sqft
Single Family Residence
Built in 1949
0.15 Acres Lot
$217,800 Zestimate®
$227/sqft
$-- HOA
What's special
- 35 days
- 156
- 0
Zillow last checked:
Listing updated:
Listed by:
Reiggin Hilderbrand reiggin@theplumblinelife.com,
The Plumb Line Realty, Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4408749
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Propane, Radiant
Cooling
- Window Unit(s)
Appliances
- Included: None
- Laundry: Main Level
Features
- Has basement: No
- Fireplace features: Gas Log
Interior area
- Total structure area: 992
- Total interior livable area: 992 sqft
- Finished area above ground: 992
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.15 Acres
- Features: Cleared
Details
- Parcel number: 4731958251.000
- Zoning: CB
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Troutman
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $98,560
- Annual tax amount: $1,144
- Date on market: 7/28/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Estimated market value
$217,800
$207,000 - $229,000
$1,511/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $225,000$227/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4408749 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,144 | $98,560 |
| 2024 | $1,144 | $98,560 |
| 2023 | $1,144 +61.8% | $98,560 +76.3% |
| 2022 | $707 +1.4% | $55,890 |
| 2021 | $697 | $55,890 |
| 2020 | $697 +2% | $55,890 |
| 2019 | $683 +8.4% | $55,890 +8% |
| 2018 | $630 | $51,760 |
| 2017 | $630 +4.3% | $51,760 |
| 2016 | $605 | $51,760 |
| 2015 | $605 +7% | $51,760 +3% |
| 2014 | $565 | $50,270 |
| 2013 | -- | $50,270 |
| 2012 | -- | $50,270 |
| 2011 | -- | $50,270 -2.2% |
| 2010 | -- | $51,380 |
| 2009 | -- | $51,380 |
| 2008 | -- | $51,380 |
| 2007 | -- | $51,380 +8.2% |
| 2006 | -- | $47,500 |
| 2005 | -- | $47,500 |
| 2004 | -- | $47,500 |
| 2003 | -- | $47,500 +11.8% |
| 2002 | -- | $42,480 |
| 2001 | -- | $42,480 |
| 2000 | -- | $42,480 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28166
Nearby schools
Schools provided by the listing agent
- Elementary: Troutman
- Middle: Troutman
- High: South Iredell
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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