Condominium at 161 Melrose Avenue, Tryon
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$149,000

161 Melrose Avenue
Tryon, NC 28782
Listed by Leslie Gillette · EXP Realty LLC
Bedrooms
1
Bathrooms
1
Living area
409 sqft
Year built
1910

About this home

Check out this turn-key investment opportunity in the heart of Tryon, NC! The space is fully, tastefully furnished and totally cute. It is stocked and ready to go for your future tenant or your weekend getaway. The property has an excellent rental history (3 month minimum lease required by HOA) and would be a smart investment. Located at the back of the building, this unit is private and quiet. The view is of the well-maintained patio, yard, and the lush woods that are part of the L’Auberge property. It is peaceful and easy to live here. The monthly HOA fee covers electric, water, sewer, trash pick-up, and the yard/building maintenance. Units don’t come up for sale at L’Auberge very often! Residents and renters love this unique and historic building. Its convenience to downtown Tryon and all the many offerings of the eclectic community draw people in and they just end up staying! Come and see what makes this condo and this town so special. PLEASE NOTE: while drive-bys are welcome, please do not park in the gravel parking area in front of the building.

Property details

MLS
Canopy MLS
MLS #
CAR4394622
Property type
Condominium
Subdivision
L'Auberge Condominium
Status
Active
Days on market
91
On market date
June 18, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Tryon Elementary School
0.52 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
386
Student:teacher ratio
12.5:1
District
Polk County Schools
Middle
Polk County Middle School
7.41 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
497
Student:teacher ratio
12.4:1
District
Polk County Schools
High
Polk County Early College
5.14 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
60
Student:teacher ratio
15.0:1
District
Polk County Schools

Walkability

Blended score for Tryon's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

24
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,047/mo
$29,800 down
$119,200 loan
Principal & interest$773
Property tax (est.)$124
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 20 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.