Multifamily

Lexington, NC Multifamily Properties for Sale

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Thomasville, NC Linwood, NC Franklin, NC
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.
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Investment Property with Tenant
Updated: Aug 12, 2025
Investment Property with Tenant

255/257 Pinehaven Drive, Lexington, NC 27292

$75,000
0.53 AC lot
Investment opportunity with potential for return on investment.
Two septic systems already in place.
Previously accommodated two mobile homes.
One tenant‑occupied mobile home currently on the property.
Versatile usage: rent lots, rent homes, or build a personal home.
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 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.

Thomasville Multifamily Investment Opportunity
Thomasville Multifamily Investment Opportunity

106 College Street, Thomasville, NC 27360

$299,900
2,624 sqft · 0.17 AC lot

Four one-bedroom units near the Triad with ample parking.

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Multifamily Property with Four Units
Multifamily Property with Four Units

1134 Grady St, Salisbury, NC 28144

$940,000

Four-unit multifamily property available for sale.

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Downtown Salisbury Corner Property
Downtown Salisbury Corner Property

612 S Main Street, Salisbury, NC 28144

$759,000
1.78 AC lot

1.78 acre corner property in downtown Salisbury.

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Thomasville Duplex: Investor Opportunity
Thomasville Duplex: Investor Opportunity

600 Clay Street, Thomasville, NC 27360

$199,000
0.37 AC lot

Charming, updated duplex in Thomasville, NC, ideal for investors.

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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 in China Grove
Residential Land in China Grove

235 Madison Road, China Grove, NC 28023

$36,000
0.75 AC lot

0.75-acre lot suitable for residential use in Rowan County.

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Forsyth County Land Auction Opportunity
Forsyth County Land Auction Opportunity

1104 Bruce Street, Winston-salem, NC 27107

Contact for pricing
0.10 AC lot

Land in Forsyth County offered via online auction.

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Residential Land with Workshop
Residential Land with Workshop

144 SPEAKS Road, Olin, NC 28660

$85,000
1.14 AC lot

A cleared 1.14-acre parcel with an equipped workshop and county water availability for flexible rural use.

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Statesville Land Near Airport
Statesville Land Near Airport

130 Aviation Drive, Statesville, NC 28677

$389,000
8.03 AC lot

8.03 acres near I-40, approved for mini/RV storage.

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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

Value Estimation by Request
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

Value Estimation by Request
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

Value Estimation by Request
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

Value Estimation by Request
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

Value Estimation by Request
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

$2,800,000
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
Value Estimation by Request
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

$615,000
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
Value Estimation by Request
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
Value Estimation by Request
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
Value Estimation by Request
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

$710,000
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
Value Estimation by Request
6,565 sqft · 0.31 AC lot
View details
807 Peeler St
APARTMENT HOUSE (UNDER 5 UNITS)

807 Peeler St, Lexington, NC 27292-4375

Value Estimation by Request
3,740 sqft · 0.17 AC lot
View details
422 Salem St, Unit I
APARTMENT HOUSE (UNDER 5 UNITS)

422 Salem St, Lexington, NC 27292-2894

Unit I
Value Estimation by Request
5,472 sqft · 0.38 AC lot
View details

Lexington, NC Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lexington, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,320,000.

Sale prices for multifamily properties in Lexington, NC start at $75,000, averaging $773,333, and reaching up to $1,900,000 — 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

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
27295 $1.9M

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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