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$329,000 Just Listed
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Property Description
*Income-Producing, Short-Term Rental, for Investors*Stunning Vintage-Lux home to be used as an Airbnb, VRBO, or similar platform*Timeless elegance meets modern comfort. Situated on prime corner lot in prestigious, historic Park Place. Beautifully landscaped, exceptional curb appeal, & backyard privacy. Striking non-slip marble walkway, stately lion accents, & Tiffany lighting welcome you to the grand columned front porch. Blend of historic beauty and updates: original hardwood floors, stained-glass window, era-inspired wallpaper, abundant natural light. Gracious front porch, music parlor, formal LR, & formal DR. Updated kitchen features marble backsplash, sophisticated porcelain countertops. Ample storage. 2 primary suites, 1 main & 1 upstairs. New roof & upper HVAC(2021), main-level HVAC(2022), replacement windows. Minutes from downtown shopping, restaurants, & renowned Childress Vineyards. *Prime location & statement living to attract bonus clientele and premium earnings*
Full Property Details
Full Property Details for 501 W 2nd Ave
General
- Price: $329,000
- Taxes: $2,591
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1227337
- Updated: 7/16/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Remarks
Location
- County: Davidson
- Driving Directions: Hwy 64E to W Center St, Right on Williams St. Home is on the corner of W 2nd Ave and Williams St. Driveway is behind the home on Williams St.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
Structural Information
- Year Built: 1911
Lot Features
- Lot Features: City Lot, Corner Lot
Financial Considerations
- Tax Amount: $2,591
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Partners Real Estate
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Schools
Schools serving 501 W 2nd Ave
School District:Lexington City Schools
| Name | Grades | Distance |
|---|---|---|
Southwest Elementary School, Lexington, NC 434 Central Avenue, Lexington, NC 27292 | 1-5 | 1.3 mi |
South Lexington School 1000 Cotton Grove Road, Lexington, NC 27292 | PK-K | 2.1 mi |
Lexington Middle School 100 West Hemstead Street, Lexington, NC 27292 | 6-8 | 0.9 mi |
Lexington Senior High School 26 Penry Street, Lexington, NC 27292 | 9-12 | 0.7 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 501 W 2nd Ave
Date
Details
Price
Change
Source
7/16/2026
Listed
$329,000
22.3%
MLS
1/19/2022
Sold
$269,000
—
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 501 W 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,571
—
$197,770
—
2024
$2,571
-1%
$197,770
—
2023
$2,591
34%
$197,770
34%
2022
$1,931
1%
$147,420
—
2021
$1,917
15%
$147,420
16%
2019
$1,671
—
$127,560
—
2018
$1,671
—
$127,560
—
2017
$1,671
—
$127,560
—
2016
$1,671
4%
$127,560
—
2015
$1,607
-20%
$127,560
-20%
2014
$2,002
—
$158,870
—
2013
$2,002
—
$158,870
—
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 501 W 2nd Ave
501 W 2nd Avenue, Lexington, NC 27292 (MLS# 1227337) is a Commercial property with 0 bedrooms and 0 full bathrooms. 501 W 2nd Avenue is currently listed for $329,000 and was received on July 16, 2026. Want to learn more about 501 W 2nd Avenue? Do you have questions about finding other Commercial real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

