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Duplex with Covered Porches
New
For Sale
$209,900

306 E 1st Street, Lexington, NC 27292

Residential Income, Lexington, NC

Property SizeContact for details
Lot Size0.25 Acres
Days on Market4

Property Features for 306 E 1st Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R6
Bedrooms 4
Bathrooms 1
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features Driveway
Patio and Porch features Porch
Appliances Electric Range, Refrigerator
Lot features Level
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. 29N./US. 29 BUS/US. Hwy 70 E. Take W. 5th Street to E. 1st Street in Lexington
Standard status Active
APN 11-064-0-000-0009-0-0-0
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 and back porches

Building Details

Year built 1990
Number of units 2
Building materials Vinyl
Roof type Metal
Listing Agency: Henderson Properties
Listed By: Jean Gettys
Added: Oct 12 Last Checked: Oct 15 at 2:06AM
MLS# 4434048

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 units, each arranged with two bedrooms, one full bathroom, and a family room or den that connects to the kitchen. LVP flooring is installed in each kitchen. Refrigerators and ranges are included, and the property has covered porches at the front and rear.

One unit is occupied by a tenant and the other is vacant. Both units are being sold as-is, with no seller repairs. The property occupies a 0.25-acre lot in Lexington, North Carolina.

Key Highlights

  • Two‑unit duplex on a 0.25‑acre lot
  • Each unit has 2 bedrooms and 1 full bath
  • One unit is tenant‑occupied; the other is vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility 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
Single-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has two bedrooms, a full bath, and a den connected to the kitchen.
Where is this duplex located?
The property is located at 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 on a 0.25‑acre lot; Each unit has 2 bedrooms and 1 full bath; One unit is tenant‑occupied; the other is vacant
More about this property
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