INVESTOR OPPORTUNITY with MOTIVATED SELLER. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 sq ft, in-ground pool on .32 acres. Full renovation project, sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision. Bring all offers!
Single-familyProperty Type
1917Year Built
0.32 acresLot Size
$15Price/Sq.Ft.
1 car garageParking
Listed by Crystal Rierson-Villeneuve• Keller Williams One
Bought with Crystal Rierson-Villeneuve• Keller Williams One
Est. $2,791 per month, based on comparable rentals
Sale and tax history for 1203 Ridge Ave
Sale History
Tax History
Date
Event
Price
Triad MLS #1
Jun 8, 2026
Price Changed
$48,500
$17/sq ft
May 16, 2026
Price Changed
$49,900
$18/sq ft
May 12, 2026
Price Changed
$55,900
$20/sq ft
Apr 27, 2026
Price Changed
$59,900
$22/sq ft
Apr 18, 2026
Price Changed
$63,500
$23/sq ft
Mar 21, 2026
Price Changed
$65,000
$23/sq ft
Mar 5, 2026
Price Changed
$68,500
$25/sq ft
Feb 26, 2026
Price Changed
$79,900
$29/sq ft
Triad MLS #1208181
Jul 1, 2026
Sold
$42,000
$15/sq ft
Jun 15, 2026
Pending
—
Jun 8, 2026
Price Changed
$48,500
$17/sq ft
May 16, 2026
Price Changed
$49,900
$18/sq ft
May 12, 2026
Price Changed
$55,900
$20/sq ft
Apr 27, 2026
Price Changed
$59,900
$22/sq ft
Apr 18, 2026
Price Changed
$63,500
$23/sq ft
Apr 17, 2026
Relisted
—
Apr 16, 2026
Pending
—
Apr 14, 2026
Pending
—
Mar 31, 2026
Contingent
—
Mar 21, 2026
Price Changed
$65,000
$23/sq ft
Mar 5, 2026
Price Changed
$68,500
$25/sq ft
Feb 26, 2026
Price Changed
$79,900
$29/sq ft
Feb 5, 2026
Listed
$89,900
$32/sq ft
Triad MLS #1167782
Feb 17, 2025
Sold
$38,500
$14/sq ft
Feb 8, 2025
Pending
—
Jan 27, 2025
Contingent
—
Jan 23, 2025
Listed
$49,900
$18/sq ft
+5
INVESTOR ALERT!! This property is set up as a triplex and each of the units are separately metered, with individual entrances, laundry rooms, kitchens, and bedrooms. Located at a corner lot with 2 driveways. This property has the potential to be a great investment!
Triad MLS #843908
Aug 19, 2017
Sold
$17,500
$6/sq ft
Jul 24, 2017
Listed
$22,900
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$987
$5,820 + $14,316
$20,136
2024
$987 (+50.7%)
$5,820 + $83,872
$89,692
2023
$655
$5,820 + $83,872
$89,692
2022
$655
$4,850 + $45,345
$50,195
2021
$655
$4,850 + $45,345
$50,195
2020
$655
$4,850 + $45,345
$50,195
2019
$655 (−6.3%)
$4,850 + $45,345
$50,195
2018
$699
$4,850 + $45,345
$50,195
2017
$699 (+0.1%)
$8,335 + $45,210
$53,545
2016
$698
$8,335 + $45,210
$53,545
2015
$698 (+1.0%)
$8,335 + $45,210
$53,545
2014
$691
$8,335 + $45,210
$53,545
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
100 ft.
Lot depth
140 ft.
Lot size
0.32 Acres
Year renovated
1950
Sq. Ft.
1,660
Year built
1917
Style
Single Family Residential
County
Rockingham County
APN
111473
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
R12
Residential Districts
These districts are established for residential developments and related recreational, religious and educational facilities. They are intended to act as transitional zoning districts between rural development and the more urban development of the City. These regulations are further intended to discourage any use which would be detrimental to the predominately residential nature of the areas included within the district