#1165309, Clark Michael, Listing office: Elevated Realty

502 Academy St High Point, NC 27260
Property details
About 502 Academy St
Attention All Investors! This is a great investment opportunity for a residential property on .38 acres of land that's zoned light industrial with an additional adjacent lot for sale that is also zoned industrial. Options are endless, potential for a new single-family home. This property is positioned with access to public water, sewer, and electricity. Located within walking distance of a nearby school and apartment complex, it offers the convenience and connectivity that is in high demand. Whether you're looking to invest in industrial uses or expand into residential, this property offers a prime location and excellent potential returns. Please note, seller & listing firm holds no liability if you decide to enter the home.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater
- Basement: No
- Fireplace: Living Room
- Total Bedroom Count: 2
- Parking: Driveway
- Heating: Fireplace(s)
- Cooling: None
- List Price: $50,000
- Price/SqFt: $49
- Annual Tax Amount: $632
- Tax Year: 2024
- Lot: City Lot
- Directions: Take ramp onto I-74 E toward High Point/US-311 S. Take exit 65 toward N Main St Turn R onto Westchester Dr (NC-68 S). Turn L onto N Ward Ave. Turn R onto Wrightenberry St. Turn L onto Lincoln Dr. Turn R onto Academy St. End at 502 Academy St.
- Year Built: 1922
- Living Area: 1,008 SqFt
- Lot Size: 0.38 Acres
- MLS Number: 1187161
- MLS Name: Triad MLS
- Office Name: Lane Real Estate Agency LLC
- Office Phone: (336) 970-1986
- Listing Agent: Marcus Lane
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Last updated on: 7/16/2025, 12:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $61,300 | $632 |
2023 | $45,900 | $618 |
2022 | $45,900 | $618 |
2021 | $43,000 | $592 |
2020 | $43,000 | $592 |
2018 | $43,000 | $592 |
2017 | $43,000 | $592 |
History based on county public records data.
Nearby schools
2
Oak Hill Elementary School
Public District PK-5
0.1 mi
•320 Wrightenberry St
3
Fairview Elementary School
Public District PK-5
1.3 mi
•608 Fairview St
6
Kirkman Park Elementary School
Public Magnet PK-5
2.9 mi
•1101 N Centennial St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,263. Residents of High Point, NC typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in High Point, NC
Transportation in High Point includes a network of major roads and highways that facilitate travel and commuting to neighboring cities such as Greensboro and Winston-Salem. Public transit options are available, providing residents with alternatives to private vehicle use. The city's layout and infrastructure also support varying degrees of walkability and bikeability, with certain areas offering more pedestrian-friendly environments than others. While ride-sharing services are present, they complement the existing transportation options, enhancing mobility within the city.
The community is served by a robust educational system, including a number of public and private schools that cater to a range of educational needs, from early childhood to secondary education. High Point also has healthcare facilities that provide residents with access to various medical services, including primary care and specialized treatments. The city maintains a public library system that supports lifelong learning and community engagement. Retail and dining options in High Point reflect the local culture, with an emphasis on furniture and home decor, as well as a variety of eateries that offer both local and international cuisine.
High Point is celebrated for its unique identity as the 'Home Furnishings Capital of the World,' hosting the renowned High Point Market, a major event in the international home furnishings industry. The community prides itself on a blend of cultural and recreational activities, with local parks, museums, and an active downtown area contributing to the city's vibrant character. Seasonal festivals and community events further enrich the local culture, fostering a sense of pride and togetherness among residents.
High Point's housing market showcases a diverse array of options, with single-family homes being a significant component, reflecting a mix of architectural styles from classic colonial to contemporary. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed during a development boom in the late 20th century, with many neighborhoods featuring mature trees and established landscaping. The area features a homeownership rate that is reflective of a community invested in long-term residency and stability.
About 502 Academy St
The listing price of 502 Academy St property is $50,000.
The property 502 Academy St is a house located in High Point, North Carolina, 27260.
Active Listing: 502 Academy St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 Academy St are: Oak Hill Elementary School (GreatSchools Rating 2/10), Fairview Elementary School (GreatSchools Rating 3/10), Kirkman Park Elementary School (GreatSchools Rating 6/10), Ferndale Middle School (GreatSchools Rating 3/10), Johnson Street Global Studies (GreatSchools Rating 2/10), Trinity Middle School (GreatSchools Rating 3/10), Pruette Scale Academy (GreatSchools Rating 1/10), Middle College at Gtcc-High Point (GreatSchools Rating 9/10), High Point Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $632 (source: MLS/based on county public records data).
The property at 502 Academy St has 2 bedrooms and 1 bathroom.
The property 502 Academy St is 1,008 SqFt (source: MLS/tax record).
The year of construction for 502 Academy St is 1922.
This home is located at 502 Academy St in High Point, NC and zip code 27260. This 1,008 square foot home, which was built in 1922, sits on a 0.38 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $50,000.
While more than 23 listings in High Point, NC in June 2025 were sold above asking price, there were more than 39 listings sold at asking price, and more than 55 were sold below. Between May and June 2025, High Point, NC real estate market has seen increase in the number of listings by 4.1%. In June 2025 median list price was $258,000 and the average listing age was 32 days.