Two-Unit
New
For Sale
$149,900
919 Asheboro Street, High Point, NC 27260
Residential Income, High Point, NC
Property Size1,170 SF
Lot Size0.20 Acres
Price / SF$128.12
Days on Market5
Property Features for 919 Asheboro Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RES
Directions
Drive west on East Green Drive. Left to South Wrenn St. Left to East Russell Ave. Right to Asheboro St. Property is on the left.
Standard status
Active
Lot size
0.20 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1000
Amenities
covered front porch
backyard
Building Details
Year built
1918
Number of units
2
Buildings
1
Listing Agency:
Beycome Brokerage Realty LLC
Listed By:
Craig Tribus
(804) 656-5007
Added: Oct 26
Last Checked: Oct 30 at 4:06AM
MLS# 1240189
Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1918, this 1,170-square-foot duplex in High Point contains two residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Each unit has its own entrance and meter. LVP flooring is installed in the living areas and bedrooms, and both units use electric baseboard heat and window AC units. Unit B includes a newer range, refrigerator, and toilet. City water serves the property, while one electric water heater supplies both units.
The home has a breaker panel, a covered front porch that has been redone, and a roof estimated to be 10 to 12 years old. A gravel drive follows the side of the house; behind it, the yard is open lawn ending at a tree line. The property is zoned RES and is located on Asheboro Street in High Point, Guilford County.
The home has a breaker panel, a covered front porch that has been redone, and a roof estimated to be 10 to 12 years old. A gravel drive follows the side of the house; behind it, the yard is open lawn ending at a tree line. The property is zoned RES and is located on Asheboro Street in High Point, Guilford County.
Key Highlights
- Two units: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
- 1,170 heated square feet; built in 1918
- Separate entrance and meter for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,171
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,420
$163.4K
Cap Rate 7%
$116,729
$116.7K
Cap Rate 9%
$90,789
$90.8K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$12.8K $10.92/SF
− Vacancy
−$1.1K −$0.94/SF
EGI
$11.7K $9.98/SF
− OpEx
−$3.5K −$2.99/SF
NOI
$8.2K $6.98/SF
Area
High Point, NC
Vacancy
8.64%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,420
Cap Rate 7%
$116,729
Cap Rate 9%
$90,789
Alternative Uses
Best Use
Multifamily LT 5
$116.7K
$102.1K – $136.2K
NOI $8,171 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$101.3K
$88.6K – $118.2K
NOI $7,089 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$301.5K
$263.8K – $351.8K
NOI $21,107 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
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Business Placement
Demographics for 27260, NC
24,573
Population
11,233
Households
2.2
Avg Household Size
35
Median Age
12%
College-Educated
71%
High-School Grad
12.4 sq mi
ZIP Area
1,982
Density / Sq Mi
$41,817
Median Household Income
$29,008
Median Earnings
$796
Median Rent
$111,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances and meters serve two units with different bedroom layouts.
Where is this duplex located?
The property is located at 919 Asheboro Street High Point, NC.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two units: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; 1,170 heated square feet; built in 1918; Separate entrance and meter for each unit
