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    Lexington, NC
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    Lexington, NC Multifamily Properties for Sale

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    Duplex with Covered Porches
    Updated: Sep 3
    Duplex with Covered Porches

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

    $209,900
    0.25 AC lot
    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
    Covered front and rear porches serve both units
    Electric ranges and refrigerators included
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    Two-Unit Duplex with Porches
    Updated: Sep 3
    Two-Unit Duplex with Porches

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

    $209,900
    1,300 sqft
    Two‑unit duplex at 304 and 306 E 1st Street
    Unit 306 is tenant‑occupied; Unit 304 is vacant
    Approximately 1,300 square feet
    Each unit includes 2 bedrooms and 1 full bath
    Refrigerators, ranges, and covered front and back porches included
    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    331 Temple Street, Lexington, NC 27292

    Contact for pricing
    7,820 sqft

    Built in 1985, the property offers washer/dryer hookups across its residential units.

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    See hot listings in Lexington

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Investment Property with Tenant
    Investment Property with Tenant

    255/257 Pinehaven Drive, Lexington, NC 27292

    $75,000
    0.53 AC lot

    Property with existing tenant and potential for further development.

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    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 4 Active listings in Lexington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Quadplex with Wood Floors
    Four-Unit Quadplex with Wood Floors

    106 College Street, Thomasville, NC 27360

    $299,900
    2,624 sqft 0.17 AC lot

    R6-zoned residential income property with four one-bedroom units and on-site parking.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    1595 N Long Street, Salisbury, NC 28144

    $189,900
    1,440 sqft

    Two leased residences feature private outdoor areas and shared gravel parking.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    1595 N Long Street, Salisbury, NC 28144

    $189,900
    0.13 AC lot

    Both apartments are leased month to month and include private outdoor areas with driveway parking.

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    Brick Duplex with Updated Roof
    Brick Duplex with Updated Roof

    314 Spring Street, Thomasville, NC 27360

    $200,000

    Two residential units offer generous rooms, storage, and dedicated laundry closets.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Lot
    Residential Land Lot

    1104 Bruce Street, Winston-salem, NC 27107

    Contact for pricing
    0.10 AC lot

    MH-S zoned residential lot in Forsyth County, sold by online NCDOT auction with buyer-driven due diligence requirements.

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    Manufactured Home Lot with Road Access
    Manufactured Home Lot with Road Access

    235 Madison Road, China Grove, NC 28023

    $36,000
    0.75 AC lot

    Unimproved 0.75-acre parcel zoned RMH with access via Madison Road, requiring well and septic for development.

    View details

    Off-Market Properties in Lexington, NC

    Consider similar Off-Market properties in Lexington, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    193 Hemlock Ln
    GARDEN APT, COURT APT (5+ UNITS)

    193 Hemlock Ln, Lexington, NC 27292-5754

    Estimated value:
    $65,000
    7,140 sqft 0.80 AC lot
    View details
    103 6th Avea-d
    GARDEN APT, COURT APT (5+ UNITS)

    103 6th Avea-d, Lexington, NC 27292-2913

    Estimated value:
    $205,000
    3,128 sqft 0.69 AC lot
    View details
    14 Williams Cir
    GARDEN APT, COURT APT (5+ UNITS)

    14 Williams Cir, Lexington, NC 27292-3064

    Estimated value:
    $205,000
    4,309 sqft 0.27 AC lot
    View details
    430 Critcher Dr
    GARDEN APT, COURT APT (5+ UNITS)

    430 Critcher Dr, Lexington, NC 27295-5447

    Estimated value:
    $455,000
    3,564 sqft 1.06 AC lot
    View details
    206 Moore Dr
    GARDEN APT, COURT APT (5+ UNITS)

    206 Moore Dr, Lexington, NC 27292-3764

    Estimated value:
    $190,000
    3,296 sqft 0.06 AC lot
    View details
    315 Hillcrest Dr
    GARDEN APT, COURT APT (5+ UNITS)

    315 Hillcrest Dr, Lexington, NC 27292-2376

    Estimated value:
    $550,000
    6,180 sqft 0.28 AC lot
    View details
    154 Hl Everhart Rd, Unit A
    APARTMENT HOUSE (5+ UNITS)

    154 Hl Everhart Rd, Lexington, NC 27295-9146

    Unit A
    Estimated value:
    $5,850,000
    8,896 sqft 14.71 AC lot
    View details
    430 Fairview Dr, Unit A
    GARDEN APT, COURT APT (5+ UNITS)

    430 Fairview Dr, Lexington, NC 27292-4336

    Unit A
    Estimated value:
    $9,000,000
    115,892 sqft 0.05 AC lot
    View details
    605 Roy Coppley Rd
    CAMPGROUND, RV PARK

    605 Roy Coppley Rd, Lexington, NC 27292-6590

    Estimated value:
    $2,470,000
    10,073 sqft 1.05 AC lot
    View details
    6 London Ct, Unit A
    GARDEN APT, COURT APT (5+ UNITS)

    6 London Ct, Lexington, NC 27292-4066

    Unit A
    Estimated value:
    $6,480,000
    7,592 sqft 9.29 AC lot
    View details
    101 Bay Mdw Ct
    GARDEN APT, COURT APT (5+ UNITS)

    101 Bay Mdw Ct, Lexington, NC 27292-5047

    Estimated value:
    $640,000
    4,216 sqft 1.87 AC lot
    View details
    106 Pugh St, Unit A
    GARDEN APT, COURT APT (5+ UNITS)

    106 Pugh St, Lexington, NC 27292-3438

    Unit A
    Estimated value:
    $80,000
    3,106 sqft 0.34 AC lot
    View details
    255 Tyro Rd, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    255 Tyro Rd, Lexington, NC 27295-6032

    Unit 1
    Estimated value:
    $245,000
    4,672 sqft 0.54 AC lot
    View details
    253 Tyro Rd, Unit 1
    GARDEN APT, COURT APT (5+ UNITS)

    253 Tyro Rd, Lexington, NC 27295-6031

    Unit 1
    Estimated value:
    $305,000
    5,622 sqft 0.69 AC lot
    View details
    311 3rd Ave
    GARDEN APT, COURT APT (5+ UNITS)

    311 3rd Ave, Lexington, NC 27292-3055

    Estimated value:
    $620,000
    7,952 sqft 1.35 AC lot
    View details
    311 3rd Ave
    GARDEN APT, COURT APT (5+ UNITS)

    311 3rd Ave, Lexington, NC 27292-3055

    Estimated value:
    $1,060,000
    11,928 sqft
    View details
    1600 Regents Ctr Ln, Unit 1646
    GARDEN APT, COURT APT (5+ UNITS)

    1600 Regents Ctr Ln, Lexington, NC 27295-8698

    Unit 1646
    Estimated value:
    $3,160,000
    35,512 sqft 1.75 AC lot
    View details
    1800 Regents Ctr Ln
    GARDEN APT, COURT APT (5+ UNITS)

    1800 Regents Ctr Ln, Lexington, NC 27295-8922

    Estimated value:
    $2,745,000
    30,868 sqft 1.38 AC lot
    View details
    1400 Regents Ctr Ln
    GARDEN APT, COURT APT (5+ UNITS)

    1400 Regents Ctr Ln, Lexington, NC 27295-8699

    Estimated value:
    $3,030,000
    34,017 sqft 2.04 AC lot
    View details
    503 Burgin Dr, Unit A
    APARTMENT HOUSE (5+ UNITS)

    503 Burgin Dr, Lexington, NC 27292-2766

    Unit A
    Estimated value:
    $250,000
    6,565 sqft 0.31 AC lot
    View details

    Lexington, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lexington, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,120 square feet of properties for sale, with an estimated market value of $494,800.

    Sale prices for multifamily properties in Lexington, NC start at $75,000, averaging $164,933, and reaching up to $209,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.9%
    Median Household Income $59,828
    College Educated 11.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27292 $164.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $20.75 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Davidson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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    • 27292

    Featured Lexington Real Estate Agencies

    Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Leonard Craver Realty Inc
    101 West Center Street Ext Lexington, NC 27295
    Phone: 13362490296
    www.leonardcraverrealty.com
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