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Duplex with Covered Porches
New
For Sale
$209,900

304 and 306 E 1st Street, Lexington, NC 27292

Residential Income, Lexington, NC

Property SizeContact for details
Lot Size0.25 Acres
Days on Market2

Property Features for 304 and 306 E 1st Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning TN
Zoning description R6
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1
Parking features Driveway
Patio and Porch features Porch
Pets allowed Yes
Appliances Electric Range, Refrigerator
Elementary school Charles England
Middle school Lexington
High school Lexington
Directions From south Lexington, NC take I-85 N. to exit 87: I-285/US Hwy. 52 N. Continue on US. 29 N./US.29 BUS/US Hwy 70 E. Take W. 5th street to E. 1st. Street in Lexington.
Standard status Active
APN 11-064-0-000-0009
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description L9&10, Plat Book 3, Page 43
Legal Description L9&10, Plat Book 3, Page 43

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s)

Amenities

refrigerators
ranges
covered front porch
covered back porch

Building Details

Year built 1990
Number of units 2
Flooring type Laminate, Carpet
Building materials Vinyl
Roof type Metal
Listing Agency: Henderson Properties
Listed By: Jean Gettys
Added: Sep 3 Last Checked: Sep 4 at 3:06AM
MLS# 4420392

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two separate residential units, each arranged with two bedrooms, one full bathroom, a family room connected to the kitchen, and LVP flooring in the kitchen area. Both sides include a refrigerator, electric range, and covered front and rear porches. The units have vinyl construction, laminate and carpet flooring, baseboard heating, and window-unit cooling.

One unit is tenant-occupied while the other is vacant. The property is located at 304 and 306 E 1st Street in Lexington, North Carolina, on a 0.25-acre lot. Additional features include driveway parking, a metal roof, public sewer service, and TN zoning. The duplex is offered in as-is condition without seller repairs.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath per side
  • Unit 306 is tenant‑occupied; Unit 304 is vacant
  • 0.25‑acre lot at 304 and 306 E 1st Street, Lexington, NC 27292

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Parking Lot & Garage HVAC Service Real Estate Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,086
Businesses Nearby

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with one occupied side, one vacant side, and separate driveway parking.
Where is this duplex located?
The property is located at 304 and 306 E 1st Street Lexington, NC.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath per side; Unit 306 is tenant‑occupied; Unit 304 is vacant; 0.25‑acre lot at 304 and 306 E 1st Street, Lexington, NC 27292
More about this property
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