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$225,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
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Turnkey Investment Opportunity! Tenant in Place! $1,750/Month. Investor-ready single-family property with immediate cash flow. This 5-bedroom, 2-bath home is tenant-occupied through May 31, 2025, generating $1,750 per month, with the tenant responsible for all utilities. The property offers a functional layout well-suited for long-term rental demand. Current lease provides stable income with flexibility for renewal, repositioning, or owner-occupancy at lease expiration. Showings by appointment only with 24-hour notice preferred. Preferred showing days are Tuesdays and Sundays, or Monday-Friday between 9:00 AM-3:00 PM. Do not disturb tenant. Lease details and financials available upon request. Schedule your appointment today! Can close quickly!

Full Property Details for 1129 Rita Ave

General

  • Price: $225,000
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4312046
  • Updated: 12/18/2025
  • Added to Site: 91 day(s) ago

Interior

  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper - Full Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 2
  • Bedrooms Main & Up: 3

Other Rooms

  • Laundry: Washer Hookup

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Parking Features: Parking Space(s)

Location

  • County: Iredell
  • Subdivision: Lincoln Estates

Heating & Cooling

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

Utilities

  • Sewer: Septic Installed
  • Water: Community Well

Structural Information

  • Construction: Site Built
  • Exterior Const.: Brick Full
  • Upper: 525 Sq. Ft.
  • Main/1st Level: 1,096 Sq. Ft.
  • Year Built: 1966

Lot Features

  • Street/Road Desc.: Asphalt, Paved
  • Rcmdd Zoning: R-5

Financial Considerations

  • Special Assmt Amt.: none
  • Terms: Cash, Conventional, FHA, NC Bond, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: Subject to Lease
  • Property ID: 4724-81-2205.000
  • Lot Number: 2849

Listed by NextHome Authority

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Listing agents

— 1129 Rita Ave —

  • NextHome Authority

  • NextHome Authority

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1129 Rita Ave

School District:Iredell-Statesville Schools
NameGradesDistance
N B Mills Elementary School
1410 Pearl Street, Statesville, NC 28677
PK-51.5 mi
West Iredell Middle School
303 Watermelon Rd, Statesville, NC 28677
6-83.4 mi
West Iredell High School
213 Warrior Drive, Statesville, NC 28625
9-123.9 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 1129 Rita Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2025
Listed
$225,000
230.88%
MLS
4/23/2018
Sold
$68,000
—
Public Record
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 1129 Rita Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$738
—
$114,960
—
2024
$738
—
$114,960
—
2023
$738
55%
$114,960
73%
2022
$476
1%
$66,270
—
2021
$472
2%
$66,270
—
2019
$465
22%
$66,270
20%
2017
$381
—
$55,050
—
2015
$381
-16%
$55,050
-24%
2013
$452
—
$72,020
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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1129 Rita Avenue, Statesville, NC 28677 (MLS# 4312046) is a Single Family property with 5 bedrooms and 2 full bathrooms. 1129 Rita Avenue is currently listed for $225,000 and was received on October 20, 2025. Want to learn more about 1129 Rita Avenue? Do you have questions about finding other Single Family real estate for sale in Statesville? You can browse all Statesville real estate or contact a Coldwell Banker agent to request more information.

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