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$350,000
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Property Description
Classic 1925 Craftsman bungalow blending timeless character with proven income potential in the heart of Lexington. Currently operating as a successful short-term rental, this property offers immediate cash flow for investors or flexibility for buyers seeking a primary residence with income options. The home features 4 bedrooms and 2 full baths, highlighted by multiple fireplaces, original craftsmanship, and a warm, functional layout well suited for everyday living or hosting guests. Outdoor living is enhanced by a private back patio with an outdoor sink, ideal for entertaining or guest convenience. Enjoy a welcoming covered front porch, detached garage, and paved parking, adding both charm and functionality. Ideally located near downtown Lexington with easy access to dining, shopping, and commuter routes. Whether continued as a short-term rental, held as a long-term investment, or owner-occupied, this property delivers versatility, character, and long-term value in a great location.
Full Property Details
Full Property Details for 403 W Center St
General
- Price: $350,000
- Taxes: $2,688
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1206429
- Updated: 3/26/2026
- Added to Site: 74 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Great Room, Ceiling Fan(s), Freestanding Tub, Separate Shower
- Number of Fireplaces: 4
- Fireplace(s): Den, Dining Room, Living Room, Primary Bedroom
- Appliances: Dishwasher, Free-Standing Range, Gas Water Heater
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Main Level, Washer Hookup
Exterior
- Patio/Terrace: Yes
Parking
- Garage Description: Detached Garage
- Garage Spaces: 1
- Parking Features: Paved, Detached
Location
- County: Davidson
- Subdivision: None
- Driving Directions: 64 to Smokehouse Lane, Right onto W Center St Ext. and Left onto W Center Street
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Block, Wood Siding
- Basement: Yes
- Basement Desc.: Cellar
- Stories/Levels: Two
- Heated/Cooled: 2,261 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.23
- Road Maintenance: Public Maintained Road
- Lot Features: Historic District, Near Public Transit
Financial Considerations
- Price Per Acre: $1,521,739.1304
- Tax Amount: $2,688
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Howard Hanna Allen Tate Summerfield
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Schools
Schools serving 403 W Center St
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
Southwest Elementary School, Lexington, NC 434 Central Avenue, Lexington, NC 27292 | 1-5 | 1.4 mi |
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 2.2 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 0.8 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 0.6 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 403 W Center St
Date
Details
Price
Change
Source
1/14/2026
Listed
$350,000
29.63%
MLS
8/17/2023
Sold
$270,000
—
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 403 W Center St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,688
-4%
$206,720
-4%
2024
$2,801
-1%
$215,430
—
2023
$2,822
51%
$215,430
51%
2022
$1,867
1%
$142,510
—
2021
$1,853
23%
$142,510
24%
2019
$1,509
—
$115,170
—
2018
$1,509
—
$115,170
—
2017
$1,509
—
$115,170
—
2016
$1,509
4%
$115,170
—
2015
$1,451
—
$115,170
—
2014
$1,450
—
$115,050
—
2013
$1,450
—
$115,050
—
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 403 W Center St
403 W Center Street, Lexington, NC 27292 (MLS# 1206429) is a Single Family property with 4 bedrooms and 2 full bathrooms. 403 W Center Street is currently listed for $350,000 and was received on January 14, 2026. Want to learn more about 403 W Center Street? 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.

