About this home

Exceptional Investment Opportunity Near Wingate University! Located just steps from the campus, this well-maintained property offers an outstanding opportunity for investors seeking immediate and future income potential. Currently configured and operated as student housing, the home features over 2,500 square feet with seven private bedrooms, including one bedroom with a private en-suite bath, a spacious shared kitchen, central community laundry room, welcoming foyer, and two additional shared full bathrooms. Situated on approximately 0.95 acres, the property also offers a large private parking lot for residents and a detached garage used exclusively for owner storage. Since purchasing the property in 2019, the current owners have completed numerous major capital improvements, including a new roof, plumbing upgrades, all new windows, new HVAC equipment, and a fully functional, code-compliant fire sprinkler system. Only one bedroom is currently occupied, as ownership has elected to stop leasing additional rooms in preparation for the sale. This provides the new owner with the opportunity to establish their own leasing strategy, tenant selection, and rental rates while filling the remaining vacancies at their own pace. With its established history as student housing, ample on-site parking, significant recent improvements, and prime location just minutes from Wingate University, this is a rare opportunity to acquire a unique investment property with substantial upside potential.

Facts and features

Schools

• Wingate Elementary School

  elementary · K-5 · 0.4 mi

  6

• Forest Hills High School

  high · 9-12 · 2.1 mi

  4

• East Union Middle School

  middle · 6-8 · 3.7 mi

  6

• Tabernacle Christian School

  elementary · K-12 · 2.7 mi

• Rock Rest Elementary School

  elementary · K-5 · 2.7 mi

  9

• Monroe High School

  high · 9-12 · 4.4 mi

  2

Price history

• Jul 26, 2026 · Listed$469,000
• Dec 16, 2019 · Sold$210,000
• Sep 24, 2019 · Listing Removed—
• Aug 23, 2019 · Listed For Rent$675
• Aug 30, 2005 · Sold$152,000

Tax history

• 2026$2,476 tax · $315,800 assessed
• 2025$2,387 tax · $315,800 assessed
• 2024$1,935 tax · $315,800 assessed
• 2023$1,900 tax · $191,000 assessed
• 2022$1,900 tax · $191,000 assessed
• 2021$1,574 tax · $158,400 assessed
• 2020$1,426 tax · $114,800 assessed
• 2019$1,800 tax · $155,100 assessed

Home value

$452,502

• Quantarium$452,502
• Cotality$436,000
• Collateral Analytics$464,000

Where it is