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    Lexington, NC
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    Lexington, NC Multifamily Properties for Sale

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    10-Unit Apartment Building
    Updated: Jul 29
    10-Unit Apartment Building

    331 Temple Street, Lexington, NC 27292

    Contact for pricing
    7,820 sqft
    Ten two‑bedroom, one‑bath apartment units
    Approximately 750 square feet per unit
    Washer/dryer connections in each apartment
    Built in 1985
    Walkable to Lexington Middle School and Lexington High School
    View details
    Lexington Craftsman Bungalow with Income
    Updated: Jan 15
    Lexington Craftsman Bungalow with Income

    403 W Center Street, Lexington, NC 27292

    $345,000
    Proven income potential as a successful short‑term rental.
    Prime location near downtown Lexington with easy access to amenities.
    Versatile property suitable for short‑term rental, long‑term investment, or owner‑occupancy.
    Classic 1925 Craftsman bungalow with original craftsmanship and character.**
    4 bedrooms and 2 full baths, providing ample space.**
    View details
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 3 Active listings in Lexington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

    Two-Story Duplex with Private Entrances
    Two-Story Duplex with Private Entrances

    101/103 Baldwin Avenue, Spencer, NC 28159

    $450,000
    2,610 sqft

    Two-story duplex with private entrances, open living and dining areas, and rear patio access on both sides.

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    Two-Story Duplex with Patio
    Two-Story Duplex with Patio

    101/103 Baldwin Avenue, Spencer, NC 28159

    $450,000
    0.13 AC lot

    Each residence offers three bedrooms, two full bathrooms, a half bath, and a private entrance.

    View details
    Triplex with One-Bedroom Units
    Triplex with One-Bedroom Units

    305 Lake Dr, Archdale, NC 27263

    $199,000

    Three residential units provide individual living areas, kitchens, bathrooms, and washer and dryer hookups.

    View details
    Two-Unit Duplex with Appliances
    Two-Unit Duplex with Appliances

    304 Lake Dr, Archdale, NC 27263

    $150,000

    Both units include kitchen appliances, window air conditioning, and electric baseboard heat.

    View details

    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

    $65,000
    Estimated value
    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

    $205,000
    Estimated value
    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

    $205,000
    Estimated value
    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

    $455,000
    Estimated value
    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

    $190,000
    Estimated value
    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

    $550,000
    Estimated value
    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
    $5,850,000
    Estimated value
    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
    $9,000,000
    Estimated value
    115,892 sqft 0.05 AC lot
    View details
    605 Roy Coppley Rd
    CAMPGROUND, RV PARK

    605 Roy Coppley Rd, Lexington, NC 27292-6590

    $2,470,000
    Estimated value
    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
    $6,480,000
    Estimated value
    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

    $640,000
    Estimated value
    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
    $80,000
    Estimated value
    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
    $245,000
    Estimated value
    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
    $305,000
    Estimated value
    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

    $620,000
    Estimated value
    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

    $1,060,000
    Estimated value
    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
    $3,160,000
    Estimated value
    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

    $2,745,000
    Estimated value
    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

    $3,030,000
    Estimated value
    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
    $250,000
    Estimated value
    6,565 sqft 0.31 AC lot
    View details
    807 Peeler St
    APARTMENT HOUSE (UNDER 5 UNITS)

    807 Peeler St, Lexington, NC 27292-4375

    $270,000
    Estimated value
    3,740 sqft 0.17 AC lot
    View details

    Lexington, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lexington, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,820 square feet of properties for sale, with an estimated market value of $420,000.

    Sale prices for multifamily properties in Lexington, NC start at $75,000, averaging $210,000, and reaching up to $345,000 — 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

    Apartment buildings 1
    Mobile home & RV parks 1
    Short term rental properties 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 $210K

    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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