$375,000

501 W 2nd Ave Lexington, NC 27292

$4,453
Closing credit¹
4 beds
2 full, 1 partial
2,170 sqft
$173 / sqft
House

Property details

About 501 W 2nd Ave

Beautiful Historic Home – Lexington, NC! Situated in the Highly Sought After Park Place District, this historic gem appears on the 1923 Sanborn Map and offers endless potential as a Bed & Breakfast, Airbnb, or gallery! Just 4 minutes from Childress Vineyards and walking distance to downtown Lexington, enjoy local shops, concerts, and the famous BBQ festival. This move-in-ready home features a grand marble walkway with stately columns and lion décor. Major renovations and updates include a new roof (2021), exterior facade changes (2022), main HVAC (2022), and appliances—range, microwave, refrigerator, washer, and dryer (2022). Additional upgrades: fixtures, electrical, plumbing, new fence, sump pump, wallpaper, and front door. Available to investors/cash or conventional buyers! Option to purchase furnished for $400,000 (see list). Don't miss this rare investment opportunity!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Heat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size2,170 sqft
Year built1911
ParkingDetached Garage
MLS #4222624
FireplaceLiving Room

Summary

  • MLS Number: 4222624
  • Office Name: TMR Realty, Inc.
  • Office Email: teresa@tmrrealtyinc.com

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Get an agent. Get a mortgage. Save big.¹

view of front of property featuring covered porch, roof with shingles, and a front lawn

$375,000

501 W 2nd Ave

$4,453

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 19, 2022
Home Sold
$269,000
Aug 18, 2004
Home Sold
$157,000

Tax history

YearAssessmentProperty Tax
2024$197,770$2,571
2023$197,770$2,590
2022$147,420$1,931
2021$147,420$1,916
2020$127,560$1,645
2019$127,560$1,671
2018$127,560$1,671
2017$127,560$1,671

History based on county public records data.

Nearby schools

6

Pickett Elementary School

Public District KG-5

1.3 mi

200 Biesecker Rd

5

Southwest Elementary School

Public District 1-5

1.3 mi

434 Central Ave

6

Davidson Charter Academy

Public Charter KG-6

1.4 mi

500 Biesecker Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,696. Residents of Lexington, NC typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
36%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
12%
Single, with Kids
19%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 W 2nd Ave

This home is located at 501 W 2nd Ave in Lexington, NC and zip code 27292. This 2,170 square foot home was built in 1911. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $375,000.

While more than 4 listings in Lexington, NC in February 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 49 were sold below. Between January and February 2025, Lexington, NC real estate market has seen no change in the number of listings . Listings spent 60 days on the market in February 2025, and had a median list price of $290,916 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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