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!
Active
$299,000
1204 W 5th Ave, Lexington, NC 27295
4beds
2baths
1,928sqft
Duplex
Built in 1967
-- sqft lot
$294,500 Zestimate®
$155/sqft
$-- HOA
What's special
Fully brick duplexLow-maintenance brick exteriorUpdated laundry plumbingFunctional layouts
- 84 days
- 377
- 36
Zillow last checked:
Listing updated:
Listed by:
Angelica Shchetinin angelica.shchetinin@compass.com,
COMPASS
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4376307
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
Video & virtual tour
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: $155/sqft
- Tax assessed value: $96,670
- Date on market: 4/30/2026
- Cumulative days on market: 45 days
- Road surface type: Concrete, Paved
Estimated market value
$294,500
$280,000 - $309,000
$1,417/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $299,000-6.3%$155/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4376307 Report a problem | ||
| 7/17/2026 | Listing removed | $319,000$165/sqft |
Source: Canopy MLS as distributed by MLS GRID #4376307 Report a problem | ||
| 6/11/2026 | Pending sale | $319,000$165/sqft |
Source: Canopy MLS as distributed by MLS GRID #4376307 Report a problem | ||
| 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 |
|---|---|---|
| 2026 | -- | $96,670 |
| 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
Monthly payment
Est. payment
