2344 Gordon Rd
High Point, NC 27265

95 Bd   31 Ba   15,864 Sqft
RENTAL HOMES INVESTMENT OPPORTUNITY!!! This investment opportunity consists of three housing plots that are to be sold together - Plots 2344, 2406 and 2335 Gordon Road are the three properties. Consolidated, these three properties total 34 rental homes and associated service buildings. The occupancy rate has been in excess of 90% and the total annual Net Income from these homes is in excess of $160,000., in each of the last two years. The Cap Rate is in excess of 10%! SHOWING APPOINTMENT REQUIRED.
  • Zipcode: 27265
  • Days on Movoto: 164
  • Year Built: 1980
  • HOA:
  • $/Sqft: $95
  • Lot: 16.52 Acres
  • Property Type: Single Family
  • MLS#: 695068
  • MLS:
  • Listing Office: Berkshire Hathaway HomeServices Yost & Little Realty
  • Listing Broker: Thomas J Heslin
  • Movoto last checked: 9 minutes ago
  • Last updated: 2 years ago
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Public Record

Basic Info
Beds : 3
Baths : 2
Building Area : 3,410 Sqft
Single Family Residential
Partial Baths :
Rooms :
Lot Size : 7.05 AC
Year Built : 1922
Last Sale Price : $600,000
Last Sale Date : 04/03/2007
House Features

Real Estate Market Statistics

High Point, North Carolina

Total Inventory For Sale

559 Homes

+6% m/m -36% y/y

Median List Price


+1% m/m -1% y/y

Median Days On Market

89 Days

-2% m/m -1% y/y

Median House Size

1,856 Sqft

-2% m/m +10% y/y

Median Price Per Square Foot

$85 /Sqft

0% m/m +14% y/y

Median Price

2344 Gordon Rd is a single family home located in 27265 in High Point, NC. It was last listed for $1,500,000, which is 783% above the current market median of $169,900 in 27265 and 1072% above the market median of $128,000 in High Point. 2344 Gordon Rd is approximately 15,864 square feet, which is 755% above the median size in High Point of 1,856 square feet and 683% above the median size in 27265 of 2,026 Sqft. This property's price per Sqft was $95, which is 4% above the current median in 27265 of $91 and 12% above the High Point median of $85. As of today, , there are 279 properties listed for sale in ZIP code 27265 and 559 properties listed for sale in the city of High Point. Of those 559 properties, there are 486 single family houses and 73 condos.

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Built in 1980, this 95-bedroom, 31-bathroom single family house at 2344 Gordon Rd is approximately 15,864 square feet and does not come with a parking spot. It was last listed for $1,650,000 with a cost per Sqft of $95. 2344 Gordon Rd is located in the Guilford County School District. The closest school is T Wingate Andrews High School.

2344 Gordon Rd was on the market for 164 days. The median days on the market for properties in this area is 89 with a median list price of $128,000 and median cost per square foot of $85. Its current status is sold under the MLS #695068.

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