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.
Pending
$499,000
111 Sunset Ave, Asheboro, NC 27203
--beds
--baths
--sqft
Investment
Built in 1921
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 1197171
Originating 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
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $499,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 5/10Donna L Loflin Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10South Asheboro Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Asheboro High SchoolGrades: 9-12Distance: 1.1 mi
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.
- North Carolina
- Randolph County
- Asheboro
- 27203
- 111 Sunset Ave





