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$69,000 Just Listed
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Property Description
Excellent investment opportunity in Reidsville, ready for a complete renovation. Built in 1981, this property presents a fantastic opportunity for investors, flippers, or buyers looking to customize a home to their own style and preferences. With a functional floor plan and solid potential, this home is the perfect canvas to create value through renovation. Conveniently located near shopping, schools, parks, dining, and major highways, it offers easy access to everyday amenities while being situated in an established neighborhood. Whether you're looking for your next investment project, rental property, or future residence, this property offers tremendous potential. Bring your vision and transform this home into something special!
Full Property Details
Full Property Details for 506 Wray St
General
- Price: $69,000
- Taxes: $1,092
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1229311
- Updated: 7/28/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Parking
- Parking Features: Driveway
Location
- County: Rockingham
- Subdivision: None
- Driving Directions: Head northwest on US-29 BUS N/Freeway Dr Turn right onto Moss St. Turn right to stay on Moss St. Turn left onto Sprinkle St. Turn left onto Graves St. Turn right onto Wray St. Home will be on the left, 506 Wray St, Reidsville, NC 27320
- City Limits: Yes
School Information
- Elementary School: Moss Street
- Middle School: Reidsville
- High School: Reidsville
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Basement
- Stories/Levels: One
- Square Feet: 1,020
- Heated/Cooled: 1,020 Sq. Ft.
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 52 x 93 x 81 x 153
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $492,857.1429
- Tax Amount: $1,092
- Terms: Cash
Disclosures and Reports
- Special Conditions: Owner Sale
- Lot Number: 4
Listed by Alemay Realty Inc.
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Schools
Schools serving 506 Wray St
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Reidsville High 1901 South Park Drive, Reidsville, NC 27320 | 9-12 | 2.5 mi |
Reidsville Middle 1903 South Park Drive, Reidsville, NC 27320 | 6-8 | 2.6 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 506 Wray St
Date
Details
Price
Change
Source
7/28/2026
Listed
$69,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Wray St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,092
—
$88,032
—
2024
$1,092
39%
$88,032
61%
2023
$785
—
$54,712
—
2021
$785
—
$54,712
—
2022
$785
—
$54,712
—
2020
$785
—
$54,712
—
2019
$785
-19%
$54,712
-19%
2017
$972
—
$67,681
—
2016
$972
—
$67,681
—
2015
$972
1%
$67,681
—
2014
$962
2%
$67,681
—
2013
$942
—
$67,681
—
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 506 Wray St
506 Wray Street, Reidsville, NC 27320 (MLS# 1229311) is a Single Family property with 3 bedrooms and 1 full bathroom. 506 Wray Street is currently listed for $69,000 and was received on July 28, 2026. Want to learn more about 506 Wray Street? Do you have questions about finding other Single Family real estate for sale in Reidsville? You can browse all Reidsville real estate or contact a Coldwell Banker agent to request more information.

