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$319,000 Just Listed
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Property Description
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 December 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!
Full Property Details
Full Property Details for 1204 W 5th Ave
General
- Price: $319,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4376307
- Updated: 4/30/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Convection Oven, Dishwasher, Electric Cooktop
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Carports: Yes
- Parking Features: Attached Carport
Location
- County: Davidson
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Square Feet: 1,928
- Year Built: 1967
Lot Features
- Street/Road Desc.: Concrete, Paved
Disclosures and Reports
- Property ID: 11-335-0-000-0014-E-0-0
- Lot Number: 2617-1521
Listed by Compass
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Schools
Schools serving 1204 W 5th Ave
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
Southwest Elementary School, Lexington, NC 434 Central Avenue, Lexington, NC 27292 | 1-5 | 0.7 mi |
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 2.3 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 1.9 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1204 W 5th Ave
Date
Details
Price
Change
Source
4/30/2026
Listed
$319,000
20.38%
MLS
9/08/2023
Sold
$265,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1204 W 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$743
—
$96,670
—
2024
$743
6%
$96,670
7%
2023
$702
—
$90,030
—
2022
$702
4%
$90,030
—
2021
$674
31%
$90,030
33%
2019
$513
—
$67,480
—
2018
$513
—
$67,480
—
2017
$513
—
$67,480
—
2016
$513
—
$67,480
—
2015
$513
-13%
$67,480
-13%
2014
$591
—
$77,780
—
2013
$591
—
$77,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1204 W 5th Ave
1204 W Fifth Avenue, Lexington, NC 27295 (MLS# 4376307) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1204 W Fifth Avenue is currently listed for $319,000 and was received on April 30, 2026. Want to learn more about 1204 W Fifth Avenue? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

