120 W Elwood Avenue, Raeford, NC 28376
Hoke County
Key Facts
Description
Unique property offering both residential and commercial possibilities in a convenient Raeford location! This versatile property includes two separate buildings and a storage shed, providing endless possibilities for living, working, or both. The main building features 2 bedrooms, 1 bathroom, spacious rooms, hardwood flooring, a large kitchen with ample cabinet space, a covered front porch, and covered rear parking. A standout feature of this property is the detached bonus building, offering a private one-room layout with its own bathroom. This charming space is ideal for a home office, remote workspace, client meeting area, creative studio, salon or treatment room, boutique retail space, guest suite, hobby room, or other flexible business or personal use. Separate from the main home, it provides privacy and functionality for a variety of needs. The property also includes a separate storage shed, providing even more room for tools, equipment, or seasonal storage. Property Features: Main building with 2 bedrooms and 1 bathroomDetached one-room building with a private bathroom—perfect for an office or flex spaceSeparate storage shed includedResidential and commercial potentialConvenient location near downtown RaefordWhether you're looking for a unique residence with additional workspace, a live-work setup, or a property for your small business, 128 W. Elwood Ave. offers flexibility and value that is rarely available at this price point.
Property Information
Property Type
Residential Lease
Sub-Type
Single Family Residence
Year Built
1927
Living Area
1,150 sq ft
Days on Market
31
MLS® Listing#
LP764414
Property Features
Flooring
Basement
Parking
Construction
Affordability Calculator
$280
Estimated monthly payment
$7/mo
Principal $1,120 · Est. interest $1,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Raeford, NC
- $312,190
- Median Listing Price
- 61
- Median Days on Market
- 2,147
- Median Sq Ft
- $157
- Median Price / Sq Ft
- 535
- Active Listings
- This home’s price is 100% below the area median.
- Its price per sq ft is 99% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Raeford, NC.
Location
Points of Interest in Raeford, NC
Showing the Raeford area map.
Nearby Schools
J W McLauchlin Elementary
Elementary · 0.2 mi away
Hoke County High School
Secondary · 0.3 mi away
JW Turlington School
Secondary · 0.3 mi away
Hoke County Schools
School · 0.4 mi away
Bible Institutes of America
School · 0.4 mi away
Hoke County High School
Secondary · 0.7 mi away
Upchurch Elementary School
Elementary · 1.1 mi away
Sandhoke Early College High
Secondary School · 1.2 mi away
West Hoke Middle School
Secondary · 1.3 mi away
Hoke County Schools
Elementary · 2.7 mi away
Scurlock Elementary School
Elementary · 2.7 mi away
East Hoke Middle School
Secondary · 3.6 mi away
Don D. Steed Elementary School
Elementary · 3.7 mi away
Hawk Eye Elementary School
Elementary · 5.0 mi away
West Hoke Elementary
Elementary · 5.5 mi away
Little Red Schoolhouse Daycare
School · 7.5 mi away
Rockfish Hoke Elementary
Elementary · 8.0 mi away
Sandy Grove Elementary
Elementary · 8.0 mi away
Laurinburg District Christian School
School · 8.1 mi away
Rockfish Christian Academy
School · 9.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 308 Harris Avenue, Raeford, NC | $1,400/mo | 3 | 1 | 1,600 |
| 120 W Elwood Avenue, Raeford, NC | $1,400/mo | 2 | 2 | 1,150 |
| 308 Harris Avenue, Raeford, NC | $1,400/mo | 3 | 1 | 1,600 |
| 234 Twin Creek Drive, Raeford, NC | $1,450/mo | 4 | 2 | 1,150 |
| 234 Twin Creek Drive, Raeford, NC | $1,450/mo | 4 | 2 | 1,150 |
| 113 N Wright Street, Raeford, NC | $1,500/mo | 3 | 2 | 1,585 |
Moving Cost Estimate
EXIT Agents in Raeford
Listing Courtesy: THE PROPERTY EMPORIUM - 9104242110
Last Updated: 2026-06-16