Skip main navigation
Pending
  • $499,000

    111 Sunset Ave, Asheboro, NC 27203

    --beds
    --baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Investment
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Investment Opportunity in Downtown Asheboro! Secure a strong income-producing property in the heart of Asheboro’s vibrant downtown that has been renovated top to bottom. This 3,875 sq ft two-story building on sought-after Sunset Avenue is fully leased with two established tenants — one on the main level and one upstairs. Both tenants are under modified gross leases, providing consistent rental income while keeping ownership expenses manageable. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions, making it an ideal long-term hold. Brand new HVAC in 2024 and meticulous updates with stable tenants already in place- investors can step into immediate cash flow and future appreciation potential in this prime location. Don’t miss your chance to add a proven downtown asset to your portfolio.
    280 days
    |
    20
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenna McKenzie 336-413-4475,

    McKenzie Real Estate of NC LLC

    Source: Triad MLS,MLS#: 1197171MLS LogoOriginating MLS: Greensboro

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,875

      Property

      Features
      • Stories: 2
      Lot
      • Features: City Lot
      Details
      • Parcel number: 7751820690
      • Zoning: B3
      • Special conditions: Owner Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Investment
      Condition
      • Year built: 1921

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Asheboro

      Financial & listing details

      • Tax assessed value: $160,370
      • Date on market: 9/27/2025
      • Cumulative days on market: 280 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,091/mo

        Price history

        DateEventPrice
        6/2/2026Pending sale$499,000
        Source: Triad MLS #1197171 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27203

        Getting around

        73 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel