Second Story Realty Logo

124 Granite Street
Henderson, NC 27536

$120,000

Not in a Subdivision – Henderson Township – Vance County

124 Granite Street
Henderson, NC 27536

$120,000

Save

Single Family

Active

Not in a Subdivision

Henderson Township

Vance County

  • Bedrooms: 5
  • Bathrooms: 2
  • Square Feet: 2304
  • Acres: 0.21
  • Year Built: 1960

Single Family

Active

Not in a Subdivision

Henderson Township

Vance County

  • Bedrooms: 5
  • Bathrooms: 2
  • Square Feet: 2304
  • Acres: 0.21
  • Year Built: 1960

5
Bed

2
Bath

2304
sqft

0.21
acres

  • 🌳 Large Fenced Backyard

  • 🏡 Nice Front Porch

  • 🚧 Fenced Front Yard

  • 💵 Cash Sale

  • 💼 Commercial Loan

Spacious 5-bedroom, 2-full-bath home on a 0.213-acre lot, conveniently located close to nearly everything. The home features nine large rooms, all generously sized, along with a large fenced backyard, a fenced front yard, and a nice front porch.

Heating and cooling are provided by baseboard heat and window AC units; the home does not have ductwork. The property experienced a fire a few years ago, and some work remains to be completed, mainly upstairs. According to the seller, municipal officials inspected the fire damage and have allowed occupancy to continue, though the new owner will need to complete additional work.

Because of the home’s history, it will not qualify for FHA, VA, USDA, or conventional financing; it is offered as a cash sale or commercial loan only. The home currently has a tenant in place on a month-to-month lease paying $1,000/month, who would like to stay. All appliances belong to the tenant and do not convey.

The home needs some renovating, with some areas in better condition than others, making it a strong candidate for a flip or a rental. Buyer to verify all details and condition.

Spacious 5-bedroom, 2-full-bath home on a 0.213-acre lot, conveniently located close to nearly everything. The home features nine large rooms, all generously sized, along with a large fenced backyard, a fenced front yard, and a nice front porch. Heating and cooling are provided by baseboard heat and window AC units; the home does not have ductwork. The property experienced a fire a few years ago, and some work remains to be completed, mainly upstairs. According to the seller, municipal officials inspected the fire damage and have allowed occupancy to continue, though the new owner will need to complete additional work. Because of the home’s history, it will not qualify for FHA, VA, USDA, or conventional financing; it is offered as a cash sale or commercial loan only. The home currently has a tenant in place on a month-to-month lease paying $1,000/month, who would like to stay. All appliances belong to the tenant and do not convey. The home needs some renovating, with some areas in better condition than others, making it a strong candidate for a flip or a rental. Buyer to verify all details and condition.

Listing History

Date

Status

Price

  • 2026-07-07

    Active

    $120,000

Nearby Listings

Statuses
Date Range
Price

124 Granite Street

$120,000

2304

Not in a Subdivision

$52

5

1960

0.21

Listed on
Jul 7th 2026

Doorify IDX Logo

145 Granite Street

$129,000

1353

Not in a Subdivision

$95

3

1925

0.18

Sold on
Jun 30th 2026

Doorify IDX Logo

925 S Chestnut Street

$273,000

2604

Not in a Subdivision

$105

3

1946

0.24

Sold on
Apr 27th 2026

Doorify IDX Logo

934 S Chestnut Street

$350,000

3273

Not in a Subdivision

$107

4

1920

0.35

Listed on
Jun 18th 2026

Doorify IDX Logo

111 W Jennette Avenue

$125,000

2648

Not in a Subdivision

$47

3

1918

0.2

Sold on
Sep 9th 2025

Doorify IDX Logo

830 S Chestnut Street

$296,000

3046

Not in a Subdivision

$97

3

1922

0.21

Sold on
Apr 7th 2026

Doorify IDX Logo

124 Granite Street

$120,000

Doorify IDX Logo

145 Granite Street

$129,000

Doorify IDX Logo

925 S Chestnut Street

$273,000

Doorify IDX Logo

934 S Chestnut Street

$350,000

Doorify IDX Logo

111 W Jennette Avenue

$125,000

Doorify IDX Logo

830 S Chestnut Street

$296,000

Doorify IDX Logo
Listings Nearby to Listing
7 nearby listings found

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

Compared to Similar Homes that Recently Sold….

124 Granite Street has a Price per Square Foot of $52.

Here’s how that compares to the surrounding area:

62% below the Henderson Township median ($137.00)

65% below the City of Henderson median ($147.50)

64% below the Vance County median ($145.00)

  • Located at 111 W Jennette Avenue in Henderson, this charming one-story house features a covered front porch, beige exterior with white columns, a dark roof, and is surrounded by front yard bushes and trees under a cloudy sky.
    111 W Jennette Avenue, Henderson, NC 27536
    • Price: $125,000
    • $47 Price per Sqft
    • 2 Sqft
    • 0.2 Acres
    • Sold on 2025-09-09
    • Price: ⬆️ (Sold for $5k more)

    • Sq Ft: ⬆️ (344 sqft larger)

    • Cost/SqFt: ⬇️ ($5/sqft lower)

    • Condition: ⚖️ (Both are investor projects/as-is)

    This property is a very strong comparison for 124 Granite Street as both are being sold as-is for investment purposes. This sold listing offered slightly more square footage for a nearly identical total price, resulting in a very similar cost per square foot. Both homes feature dated interiors and require a full overhaul to meet modern standards, though this property did not have the specific fire history mentioned for the home for sale.

    🟡 Seeing another large project sell at this price point confirms that 124 Granite Street is positioned right where the investor market expects it to be for a fix-and-flip opportunity.

  • A stone house at 1203 Dorsey Avenue in Henderson features a steep roof, two chimneys, arched front door, and metal fence. Several windows overlook grass, trees, and shrubs under a partly cloudy sky.
    1203 Dorsey Avenue, Henderson, NC 27536
    • Price: $252,000
    • $130 Price per Sqft
    • 1 Sqft
    • 0.41 Acres
    • Sold on 2025-09-30
    • Price: ⬆️ (Sold for $132k more)

    • Sq Ft: ⬇️ (372 sqft smaller)

    • Cost/SqFt: ⬆️ ($78/sqft higher)

    • Condition: ⬆️ (Updated with granite and stainless vs. fire damage)

    This sold listing highlights the value of custom masonry and modern updates, commanding more than double the price per square foot of 124 Granite Street despite being smaller. The home on Dorsey Avenue features a stone exterior and a renovated kitchen that contrasts sharply with the ‘work-in-progress’ state of the home for sale. The financing flexibility of this sold home also adds significant value compared to the cash-only requirement for 124 Granite Street.

    🟡 If you are looking for a project to add value to, 124 Granite Street makes sense, but this sold home shows the high cost of buying something already finished in this neighborhood.

  • A two-story red brick house with black shutters, a white arched doorway, and a small front porch stands at 925 S Chestnut Street in Henderson. The yard features large trees, mulch, landscaped plants, and a wooden fence in the background.
    925 S Chestnut Street, Henderson, NC 27536
    • Price: $273,000
    • $105 Price per Sqft
    • 2 Sqft
    • 0.24 Acres
    • Sold on 2026-04-27
    • Price: ⬆️ (Sold for $153k more)

    • Sq Ft: ⬆️ (300 sqft larger)

    • Cost/SqFt: ⬆️ ($53/sqft higher)

    • Condition: ⬆️ (Fully renovated vs. fire damage/needs work)

    This sold listing is a beautifully maintained brick Colonial that shows what a finished property in this area can command. While 124 Granite Street offers a similar footprint, it requires significant investment to reach the level of finishes seen here, such as the hardwood floors and updated kitchen. The price gap reflects the ‘move-in ready’ premium and the lack of financing hurdles found at the home for sale.

    🟡 124 Granite Street is a project house, whereas this home is a finished product, making the lower price point on Granite Street appropriate for a buyer willing to do the work.

Take the Next Step…

5 Star Reviews


This level of clarity is how we work with every buyer and seller.

When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.

You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.

Located at 124 Granite Street in Henderson, this brick house features a covered front porch, steps to the entrance, and a chain-link fence enclosing a yard with a large tree. A white truck is parked in the driveway beside the house.

124 Granite Street
Henderson, NC 27536

124 Granite Street
Henderson, NC 27536

$120,000

$120,000

Not in a Subdivision – Henderson Township – Vance County

Located at 124 Granite Street in Henderson, this brick house features a covered front porch, steps to the entrance, and a chain-link fence enclosing a yard with a large tree. A white truck is parked in the driveway beside the house.

124 Granite St

Henderson

5 br

2304 sqft

TWP Henderson

CTY Vance

SUB Not in a Subdivision

Share to...