111 Sunset Avenue Asheboro, NC $ 499,000
111 Sunset Avenue
$ 499,000
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111 Sunset Avenue

Asheboro, NC, 27203
$ 499,000
Baths0.0 Sq 3,875

Monthly Estimate*

$ 3,113

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Studio

Single Family Home for sale in Asheboro, NC

for $499,000. This 3,875 square foot home was built in 1921.

Prime Investment Opportunity in Downtown Asheboro! Secure a strong income-producing property in the heart of Asheboro’s vibrant downtown that has been renovated top to bottom. This 3,875 sq ft two-story building on sought-after Sunset Avenue is fully leased with two established tenants — one on the main level and one upstairs. Both tenants are under modified gross leases, providing consistent rental income while keeping ownership expenses manageable. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions, making it an ideal long-term hold. Brand new HVAC in 2024 and meticulous updates with stable tenants already in place- investors can step into immediate cash flow and future appreciation potential in this prime location. Don’t miss your chance to add a proven downtown asset to your portfolio.

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Single Family Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Investment

Year Built

1921

Town/City

Asheboro

County/Region

Randolph

MLS | Web ID

1197171

Features
General
Sewer Public Sewer
Zoning B3
Year Built 1921
Stories Count 2
Property Subtype Investment
County Randolph
Property Type Commercial Sale
HOA No
Status Active
Directions Take E Salisbury St Turn left onto N Fayetteville St Turn right onto Sunset Ave Destination will be on the left Look for the purple sign
City Asheboro
Listing Terms Cash Conventional
Standard Status Active
Leasehold Rent $/Mo 1
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Exterior
Lot Features City Lot
Water Source Public
Building Area Total 3875
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Jenna McKenzie

Listing Agent

Mckenzie Real Estate Of Nc Llc

Broker

jenna@mckenzierealestate.com

Email

Affordability Calculator

$3,113
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2025$499,000 Listed Price

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111 Sunset Avenue, Asheboro, NC, 27203 is a Single Family Home for sale at $499,000 with 3,875 sqft. 111 Sunset Avenue is a studio with 0.0 baths and was built in 1921. The property's zip code is 27203 which is in Asheboro, NC