Updated 5+ Days Ago
Highlights
- Convenient location
- Covered front porch
- Covered rear parking
- Separate storage shed
- Additional workspace
Location
120 W Elwood Ave, Raeford, NC 28376, USA
Tour 120 W Elwood Ave
Contact
THE PROPERTY EMPORIUM
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Amenities for 120 W Elwood Ave
Features
| Hardwood Floor |
Community
| Business Center |
Grounds
| Outdoor Space | Storage |
Neighborhood
| Central |
Other
| Four Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 120 W Elwood Ave
Property Status: Active 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 bathroom Detached one-room building with a private bathroom-perfect for an office or flex space Separate storage shed included Residential and commercial potential Convenient location near downtown Raeford Whether 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. Office Phone: (910) 424-2110 Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 120 W Elwood Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Middle school nearby
- There is a middle school 0.2 mile away
- High school nearby
- There is a high school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 28376 |
|---|---|
| Type | House for rent |
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Rent trends in Raeford
2-bedroom apartments at 120 W Elwood Ave cost about 9% more than the average rent price for 2-bedroom apartments in Raeford.
Median rents as of Sep 12 2026.
Raeford
| Month | Median Rent |
|---|---|
| September 2024 | $1,000 |
| October 2024 | $1,012 |
| November 2024 | $1,083 |
| December 2024 | $971 |
| January 2025 | $912 |
| February 2025 | $970 |
| March 2025 | $972 |
| April 2025 | $1,038 |
| May 2025 | $1,170 |
| June 2025 | $1,100 |
| July 2025 | $1,096 |
| August 2025 | $1,100 |
| October 2025 | $1,075 |
| November 2025 | $1,253 |
| December 2025 | $1,240 |
| January 2026 | $1,242 |
| February 2026 | $1,197 |
| March 2026 | $1,160 |
| April 2026 | $1,257 |
| May 2026 | $1,295 |
| June 2026 | $1,327 |
| July 2026 | $1,339 |
| August 2026 | $1,265 |
| September 2026 | $1,195 |
Affordability calculator
Can I afford to live at 120 W Elwood Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 120 W Elwood Ave
J.W. McLauchlin Elementary School
326 n main st
raeford, NC, 28376
K-5Public
C
Southern Pines Elementary
255 s may st
southern pines, NC, 28387
PK, K-5Public
B
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Internet available near 120 W Elwood Ave
Getting around Raeford near 120 W Elwood Ave
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 120 W Elwood Ave, Raeford
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
4/10
Variety of shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
0/10
Minimal park space nearby
Nightlife
2/10
Few or no bars within a short drive
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