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 TRIAD for new data 6 minutes ago
  • TRIAD last updated this listing 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

546 Homes

-2% m/m -32% y/y

Median List Price


0% m/m +15% y/y

Median Days On Market

83 Days

-4% m/m -19% y/y

Median House Size

1,852 Sqft

0% m/m +15% y/y

Median Price Per Square Foot

$84 /Sqft

0% m/m +12% y/y

Median Price

As of , there are 276 properties listed for sale in ZIP code 27265 and 546 properties listed for sale in the city of High Point, NC. Those 546 properties include 471 single family homes and 75 condos. This property at 2344 Gordon Rd in 27265 was last listed for $1,500,000. This is 1077% above the current median price of $127,400 for High Point and 783% above the median of $169,900 for 27265. 2344 Gordon Rd is approximately 15,864 Sqft, which is 757% above the High Point median of 1,852 and 693% above the 27265 ZIP code median of 2,000. This property's price per square foot was $95, which is 4% above the current median price in 27265 of $91 and 13% above the High Point median of $84 per square foot.

New Listings in High Point

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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 83 with a median list price of $127,400 and median cost per square foot of $84. Its current status is sold under the MLS #695068.

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