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Sold for $215,000
  • $215,000

    520 N Scales St, Reidsville, NC 27320

    --beds
    --baths
    --sqft
    Triplex, Multi Family
    Built in 1927
    -- sqft lot
    $210,500 Zestimate®
    $--/sqft
    $1,029 Estimated rent

    Home value

    $210,500

    $166,000 - $267,000

    $1,029/mo

    Zestimate® history
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    What's special

    Metal roof
    Seize the chance to own a beautifully updated triplex in the thriving Reidsville, NC market! This exceptional multi-family property offers incredible income potential, perfect for seasoned investors or those looking to house-hack and live for free while generating cash flow. It is a triplex, so there are 3 separate power meters, however, the landlord pays for water as there is only the one water meter. The metal roof is nearing the end of its life and should be replaced within the next 5 years, consequently the property was priced substantially lower than market dictates to allow the future buyer the ability to replace the roof if desired, but now the seller has decided to install a new roof and it is being installed July 2025 so the list price is being raised accordingly so act fast as this property certainly won't last long on the market!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Guarnieri 919-906-4840,

    COLDWELL BANKER - HP&W

    Bought with:

    Trinity French, 344641

    Exit Realty Elite Properties

    Source: Triad MLS,MLS#: 1185765MLS LogoOriginating MLS: Greensboro

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Other
    Features
    • Has basement: Yes
    • Has fireplace: No

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Features
    • Pool features: None
    Lot
    • Size: 0.19 Acres
    • Dimensions: 51 x 165 x 40 x 160
    Details
    • Parcel number: 153748
    • Zoning: R6RD
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Reidsville

    Financial & listing details

    • Tax assessed value: $58,524
    • Annual tax amount: $725
    • Date on market: 6/25/2025
    • Cumulative days on market: 10 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/29/2025Sold$215,000
    Source: Triad MLS #1185765 Report a problem
    7/5/2025Pending sale$215,000
    Source: Doorify MLS #10101613 Report a problem
    7/3/2025Price change$215,000+7.6%
    Source: Triad MLS #1185765 Report a problem
    6/7/2025Listed for sale$199,900+640.4%
    Source: Doorify MLS #10101613 Report a problem
    3/1/2018Sold$27,000+164.7%
    Source: Public Record Report a problem
    6/13/2011Sold$10,200-77.7%
    Source: Triad MLS #600174 Report a problem
    8/24/2010Sold$45,796
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$726 +46%$58,524 +68.8%
    2023$497 $34,676
    2022$497 $34,676
    2021$497 $34,676
    2020$497 $34,676
    2019$497 -1%$34,676 -22.2%
    2018$502 -23%$44,585
    2017$653 $44,585
    2015$653 +1%$44,585
    2014$646 -22.7%$44,585 -22.9%
    2010$836 $57,840
    2009$836 +0.7%$57,840
    2008$830 $57,840
    2007$830 +10%$57,840
    2005$755 $57,840
    2004$755 $57,840
    2003$755 +13.4%$57,840 +19.1%
    2002$666 +3.8%$48,580
    2001$641 $48,580
    Find assessor info on the county website

    Neighborhood: 27320

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Moss Street
    • Middle: Reidsville
    • High: Reidsville

    Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $210,500
    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
    $210,500