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$30,000
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Property Description
Attention investors and rehab specialists! This vacant SFR that is set up to host multi-family living offers a rare opportunity to restore a historic duplex just steps from downtown Mount Gilead. One side featuring a 2-bedroom, 1-bath layout and the other 1-bedroom, 1-bathroom , ideal for room rentals, long-term tenants, or a full flip. The structure is in very poor condition and will require a complete renovation-but the upside is undeniable. With strong rental demand in the area and is the perfect blank canvas for a seasoned investor looking to maximize returns. Situated on a nearly half-acre lot, there's potential for yard use, additional parking, or exterior upgrades to increase curb appeal. Highlights Two unit living Separate entrances Strong rental comps nearby Sold as-is, no repairs by seller Bring your vision, your contractor, and your calculator-this one won't last.
Full Property Details
Full Property Details for 116 E Ingram St
General
- Sold For: $30,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4289012
- Added to Site: 164 day(s) ago
Interior
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Parking Features: Driveway
Location
- County: Montgomery
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Asbestos
- Main/1st Level: 2,498 Sq. Ft.
- Year Built: 1900
Lot Features
- Street/Road Desc.: Dirt, Paved
Disclosures and Reports
- Property ID: 7503-09-15-4269
- Lot Number: 956-54
Listed by Southern Home Group Realty LLC
Sold by EXP Realty LLC Ballantyne
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Schools
Schools serving 116 E Ingram St
School District:Montgomery County Schools
| Name | Grades | Distance |
|---|---|---|
Mount Gilead Elementary 100 South School Street, Mount Gilead, NC 27306 | PK-5 | 0.4 mi |
West Middle 129 NC Hwy 109S, Mount Gilead, NC 27306 | 6-8 | 7.7 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 116 E Ingram St
Date
Details
Price
Change
Source
9/05/2025
Sold
$30,000
-41.06%
MLS
8/14/2025
Price Reduced
$50,900
-15.17%
MLS
8/11/2025
Price Reduced
$60,000
-7.69%
MLS
8/05/2025
Listed
$65,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 E Ingram Street, Mount Gilead, NC 27306 (MLS# 4289012) is a Single Family property that was sold at $30,000 on September 05, 2025. Want to learn more about 116 E Ingram Street? Do you have questions about finding other Single Family real estate for sale in Mount Gilead? You can browse all Mount Gilead real estate or contact a Coldwell Banker agent to request more information.

