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Updated Four-Unit Quadplex
New
For Sale
$449,900

713 E Lexington Road, Mocksville, NC 27028

Residential Income, Mocksville, NC

Property SizeContact for details
Lot Size1.01 Acres
Days on Market2

Property Features for 713 E Lexington Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description GR
Bedrooms 10
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bedroom 6, Bedroom 9, Bathroom 3, Bedroom 8, Bedroom 7, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 10, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 4
Parking features Parking Lot
Patio and Porch features Porch
Pets allowed Call
Appliances Refrigerator, Self Cleaning Oven
Lot features Level
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Directions I40W to Farmington Rd to L off ramp to R US Hwy 158 to L on US Hwy 64E, approx. 1 mile on left.
Standard status Active
APN j5020a0016
Lot size 1.01 Acres

Taxes and HOA fees

Tax Description 1 LOT LEXINGTON RD APARTMENTS
Legal Description 1 LOT LEXINGTON RD APARTMENTS

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 2
Number of units 4
Building materials Vinyl
Listing Agency: Premier Realty of NC LLC · ERA Real Estate
Listed By: Joel Vernier
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 3:06PM
MLS# 4425154

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 four-unit quadplex offers matching floor plans with refreshed interiors across the units. Improvements include new flooring, lighting, plumbing fixtures, countertops, and paint, with some finish differences from one unit to another. The property also includes refrigerators, self-cleaning ovens, central air, forced-air heating, vinyl construction, porches, and a parking lot served by public sewer.

The 1.01-acre parcel is near downtown Mocksville, with shopping, dining, and area amenities nearby. A roof installed in 2023, one HVAC replacement in 2018, three additional HVAC replacements in 2021, and newer water heaters address several major property components. Additional income-producing development may be possible, subject to zoning, permitting, utility availability, and other applicable requirements.

Key Highlights

  • Four‑unit quadplex with similar floor plans
  • Refreshed flooring, lighting, plumbing fixtures, countertops, and paint
  • Newer roof installed in 2023

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop Auto Parts Store HVAC Service Real Estate Agency Electrical Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 27028, NC

26,479
Population
11,096
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
88%
High-School Grad
192.8 sq mi
ZIP Area
137
Density / Sq Mi
$66,166
Median Household Income
$39,858
Median Earnings
$837
Median Rent
$198,400
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?
Quadplex - Multifamily property with refreshed interiors, newer building systems, and a sizable lot near downtown Mocksville.
Where is this quadplex located?
The property is located at 713 E Lexington Road Mocksville, NC.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four‑unit quadplex with similar floor plans; Refreshed flooring, lighting, plumbing fixtures, countertops, and paint; Newer roof installed in 2023
More about this property
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