Investor alert—12-unit brick complex in fast-growing Lexington! 101-123 Bay Meadow Ct offers two matching 2-story buildings on a quiet cul-de-sac: six ground-floor and six upper 1 BR/1 BA flats, each with living room and in-unit laundry. Most boast fresh flooring, paint, updated baths & kitchens; three are leasing now to hit 100 % occupancy. Avg rents $825 + with upside toward $900, for ˜ $120K/yr gross. Separate electric & water meters keep costs down—owner only covers trash & landscaping. Listed $850K = ±8.5 % pro-forma cap with value-add left. Durable brick, vinyl windows, low-care grounds. Quick access to I-85, Toyota Megasite & booming job hubs means strong tenant pool. DO NOT DISTURB RESIDENTS. Agents—see Agent-Only Remarks for showings, rent roll & T-12.
Sold for $795,000
$795,000
101 Bay Meadow Ct, Lexington, NC 27292
--beds
--baths
--sqft
Apartment, Multi Family
Built in 1986
-- sqft lot
$808,200 Zestimate®
$--/sqft
$1,165 Estimated rent
Home value
$808,200
$695,000 - $946,000
$1,165/mo
Zestimate® history
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List your homeWhat's special
Quiet cul-de-sacLow-care groundsIn-unit laundryBrick complexFresh flooringUpdated baths and kitchens
Zillow last checked:
Listing updated:
Listed by:
Landon Stone 336-515-6902,
Real Broker LLC
Bought with:
NONMEMBER NONMEMBER
nonmls
Source: Triad MLS,MLS#: 1185606
Originating MLS: Greensboro
Originating MLS: GreensboroFacts & features
Interior
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Washer/Dryer Connection
Features
- Flooring: Carpet, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,800
Property
Parking
- Parking features: Paved, No Garage
Features
- Pool features: None
Lot
- Size: 1.87 Acres
- Features: Dead End
Details
- Parcel number: 11342M0000337000
- Zoning: TN
- Special conditions: Owner Sale
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Apartment, Multi Family
Materials
- Brick
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $401,790
- Annual tax amount: $5,263
- Date on market: 6/25/2025
- Cumulative days on market: 27 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $795,000-6.5% |
Source:  Triad MLS #1185606 Report a problem | ||
| 7/22/2025 | Pending sale | $850,000 |
Source: Triad MLS #1185606 Report a problem | ||
| 6/25/2025 | Listed for sale | $850,000+153.7% |
Source: Triad MLS #1185606 Report a problem | ||
| 10/18/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 10/15/2022 | Listed for rent | $625 |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 8/24/2018 | Sold | $335,000-30.9% |
Source: Triad MLS #876061 Report a problem | ||
| 5/24/2018 | Pending sale | $484,900 |
Source: KELLER WILLIAMS REALTY #876061 Report a problem | ||
| 2/27/2018 | Listed for sale | $484,900+29.3% |
Source: Kernersville #876061 Report a problem | ||
| 9/1/2016 | Sold | $375,000 |
Source: Triad MLS #785885 Report a problem | ||
| 8/23/2016 | Pending sale | $375,000 |
Source: Keller Williams - Greensboro #785885 Report a problem | ||
| 3/31/2016 | Price change | $375,000+25% |
Source: Keller Williams - Greensboro #785885 Report a problem | ||
| 3/4/2016 | Listed for sale | $300,000 |
Source: Keller Williams - Greensboro #785885 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 27292
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Nearby schools
GreatSchools rating
- NASouth Lexington SchoolGrades: PK-KDistance: 0.6 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Lexington Senior High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$808,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$808,200
- North Carolina
- Davidson County
- Lexington
- 27292
- 101 Bay Meadow Ct
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