Active

$319,000

1204 W 5th Ave, Lexington, NC 27295

4beds

2baths

1,928sqft

Est.: Get pre-qualified

Duplex

Built in 1967

-- sqft lot

$311,700 Zestimate^®

$165/sqft

$-- HOA

What's special

Fully brick duplexLow-maintenance brick exteriorUpdated laundry plumbingFunctional layouts

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!

33 days

482

40

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Convection Oven, Dishwasher, Electric Cooktop
Laundry: In Unit

Features

Has basement: No

Interior area

Total structure area: 1,928
Total interior livable area: 1,928 sqft
Finished area above ground: 1,928
Finished area below ground: 0

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Property

Parking

Parking features: Attached Carport
Has carport: Yes

Lot

Size: 0.71 Acres

Details

Parcel number: 1133500000014E00
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Brick Full
Foundation: Slab

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Septic Installed
Water: City

Community & HOA

Location

Region: Lexington

Financial & listing details

Price per square foot: $165/sqft
Tax assessed value: $96,670
Annual tax amount: $754
Date on market: 4/30/2026
Cumulative days on market: 33 days
Road surface type: Concrete, Paved

Estimated market value

$311,700

$296,000 - $327,000

$1,390/mo

Price history

Date	Event	Price
4/30/2026	Listed for sale	$319,000+20.4%$165/sqft
Source: Canopy MLS as distributed by MLS GRID #4376307 Report a problem
12/6/2025	Listing removed	$1,020$1/sqft
Source: Zillow Rentals Report a problem
11/4/2025	Listed for rent	$1,020$1/sqft
Source: Zillow Rentals Report a problem
8/18/2025	Listing removed	$1,020$1/sqft
Source: Zillow Rentals Report a problem
8/12/2025	Listed for rent	$1,020$1/sqft
Source: Zillow Rentals Report a problem
9/15/2023	Sold	$265,000+17.8%
Source: Triad MLS #1116080 Report a problem
8/19/2023	Pending sale	$225,000
Source: Triad MLS #1116080 Report a problem
8/14/2023	Listed for sale	$225,000+80%
Source: Triad MLS #1116080 Report a problem
3/8/2022	Sold	$125,000+163.2%$65/sqft
Source: Public Record Report a problem
11/29/2011	Sold	$47,500+55.5%
Source: Triad MLS #624930 Report a problem
7/28/2011	Sold	$30,550$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$754	$96,670
2024	$754 +7.4%	$96,670 +7.4%
2023	$702	$90,030
2022	$702 +2.6%	$90,030
2021	$684 +33.4%	$90,030 +33.4%
2020	$513	$67,480
2019	--	$67,480
2018	$505	$67,480
2017	$505	$67,480
2016	$505	$67,480
2015	$505 -14.5%	$67,480 -13.2%
2014	$591	$77,780
2013	--	$77,780
2012	--	$77,780 -1.7%
2011	--	$79,110
2010	--	--
2009	--	--
2008	--	--

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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