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    Garner, NC
    Duplex

    Garner, NC Duplexes for Sale

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    Mixed-Use Corner Duplex Rentals
    Updated: Jun 17
    Mixed-Use Corner Duplex Rentals

    123 & 121 New Rand, Garner, NC 27529

    $675,000
    1,790 sqft 0.87 AC lot
    Two side‑by‑side rental homes on a corner lot totaling 0.87 acres
    Currently used as rental income properties and zoned mixed use
    Located on a corner of Hwy 70W and New Rand Rd, near I‑40 and within walking distance to downtown Garner
    Rental unit mix: 3BR/1BA at 123 New Rand and 2BR/1BA at 121 New Rand
    Year built: 1948
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    This listing looks promising.

    Here's a quick look at some key insights for

    123 & 121 New Rand, Garner, NC 27529

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $295K
      Suggested

    • Property Type

      Single Family Residence
      Built 1948
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    Duplex on Corner Lot
    Updated: Jun 5
    Duplex on Corner Lot

    100 Madrid Court, Garner, NC 27529

    $419,900
    2,388 sqft 0.29 AC lot
    Fully occupied duplex on a corner lot with tenants in place
    MF‑A zoned property on a fenced 0.29‑acre lot
    Each side offers 3 bedrooms and 1.5 bathrooms with central air
    Roof completed in 2020
    HVAC estimated at about 5 years old
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Garner, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Private Fenced Backyards
    Duplex with Private Fenced Backyards

    808 Vardaman Street, Raleigh, NC 27610

    $799,000
    2,390 sqft 0.10 AC lot

    Duplex built in 2022 with central HVAC, public utilities, and private fenced backyards for both units in an R-10 zone.

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    Contemporary Duplex with Garage
    Contemporary Duplex with Garage

    112 Olivine Drive, Raleigh, NC 27610

    $412,000
    1,675 sqft 0.10 AC lot

    R4-zoned ranch-style property with updated interiors, an open living area, and community amenities for residents age 55 and older.

    View details
    Fully Updated Duplex with Private Yard
    Fully Updated Duplex with Private Yard

    740 Quarry Street, Raleigh, NC 27601

    $435,000
    936 sqft 0.17 AC lot

    R-10 zoned duplex with a private yard, smart locks, and public water and sewer in Raleigh.

    View details
    Duplex With New Permitted Well
    Duplex With New Permitted Well

    325 Ranch Farm Road, Raleigh, NC 27603

    $245,000
    1,312 sqft 0.34 AC lot

    Ranch duplex with two separately metered units, a private well, and a newer roof installed in 2022 to 2023.

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    Garner, NC Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Garner, NC on our real estate platform. These investment opportunities span a total of 4,178 square feet of properties for sale, with an estimated market value of $1,094,900.

    Sale prices for duplexes in Garner, NC start at $419,900, averaging $547,450, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 55K
    Population Growth (5Y) +13.0%
    Median Household Income $86,426
    College Educated 55.0%

    High-Yield Neighborhoods for Investment

    Identify Garner submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27529 $547.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.07%
    Property Tax per SF $18.77 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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