15 College Street, Thomasville, NC 27360 | MLS #1210674 | Tyler Redhead & McAlister
Tyler Redhead & McAlister

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Listing provided courtesy of eXp RealtyMLS# 1210674MLS Provider
  • 121 days on site
  • 1 views

Converted duplex on a corner lot in the heart of Thomasville! This well-maintained property features two income-producing units: Unit B offers 3BR/1BA and Unit A offers 1BR/1BA. Both units are currently occupied with separate meters in place, providing immediate rental income. Located in an up-and-coming area, this property offers an approximate 7% cap rate and strong investment potential. A sought-after option allows an owner to live in one unit while renting the other (possible FHA financing for qualified buyers). Conveniently located near shopping, dining, and everyday amenities. A rare opportunity for investors or owner-occupants looking to build equity and generate income!

Source: Triad MLS, MLS#: 1210674

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  • Property Type
    Residential Income
  • Lot
    0.13 acres

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Tyler Redhead & McAlister

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  • Median Age
    41
  • Population Density
    523
  • College Educated
    25%
  • Estimated Median Income
    $49,474
  • Estimated Total Home Owners
    12,434
  • Estimated Total Renters
    6,138
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    2
  • Total Population
    46,292
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
4/29/2026Source: Triad MLS Price Reduction
$225,000 -2.1%
2/28/2026Source: Triad MLS Added to Database
February 28, 2026