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$99,900 -$15,000 (-13.05%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Car Garage
  • Updated 15 hours ago
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Access to property is by scheduled appointment only. 511 Raeford Ave in Lexington is a corner-lot 3 bedroom, 2 bath home with about 1,357 sq ft, hardwood floors, and a brick fireplace, and it's priced/positioned for someone who wants upside instead of paying retail for a finished house. The heavy lifting already has a head start with plumbing and HVAC completed, all windows replaced, plus insulation and electrical updates addressed, so your budget can go where it actually shows the most: kitchen and bath renovation, cosmetic cleanup, paint, and flooring to bring it to today's standard. Covered parking is in place and may function as a carport or garage, and the corner lot adds extra yard presence and flexibility for future improvements. If you missed the move in ready comps, this is the one you buy for margin and make your own finish line.

Full Property Details for 511 Raeford Ave

General

  • Price: $99,900
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4346121
  • Updated: 2/19/2026
  • Added to Site: 6 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): Living Room, Living Room
  • Appliances: Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Carports: Yes
  • Parking Features: Attached Carport, Attached Garage

Location

  • County: Davidson
  • Driving Directions: From downtown Lexington, head west on W Center St, turn right on S Salisbury St, then turn left onto Raeford Ave—511 Raeford Ave will be on your right.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Site Built
  • Exterior Const.: Asbestos, Shingle/Shake
  • Roof: Composition
  • Main/1st Level: 1,357 Sq. Ft.
  • Year Built: 1946

Lot Features

  • Street/Road Desc.: Other
  • Rcmdd Zoning: TN

Disclosures and Reports

  • Property ID: 11-128-0-005-0028-0-0-0
  • Lot Number: 2527-583

Listed by Top Brokerage LLC

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Listing agent

— 511 Raeford Ave —

  • Top Brokerage LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 511 Raeford Ave

School District:Lexington City Schools
NameGradesDistance
South Lexington School
1000 Cotton Grove Road, Lexington, NC 27292
PK-K0.9 mi
Charles England Intermediate School
111 Cornelia Street, Lexington, NC 27292
1-51.1 mi
Lexington Middle School
100 West Hemstead Street, Lexington, NC 27292
6-81.7 mi
Lexington Senior High School
26 Penry Street, Lexington, NC 27292
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 511 Raeford Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$99,900
-13.05%
MLS
2/16/2026
Price Reduced
$114,900
-11.55%
MLS
2/14/2026
Listed
$129,900
—
MLS
Get Price Alerts and Save Property
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 for 511 Raeford Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,296
—
$99,700
—
2024
$1,296
-1%
$99,700
—
2023
$1,306
—
$99,700
—
2022
$1,306
1%
$99,700
—
2021
$1,296
25%
$99,700
26%
2019
$1,036
—
$79,080
—
2018
$1,036
—
$79,080
—
2017
$1,036
—
$79,080
—
2016
$1,036
4%
$79,080
—
2015
$996
—
$79,080
—
2014
$1,000
—
$79,370
—
2013
$1,000
—
$79,370
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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511 Raeford Avenue, Lexington, NC 27292 (MLS# 4346121) is a Single Family property with 3 bedrooms and 2 full bathrooms. 511 Raeford Avenue is currently listed for $99,900 and was received on February 14, 2026. Want to learn more about 511 Raeford 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.

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