Fayetteville Four-Unit Multifamily
1424-1430 Tangora Lane, Fayetteville, NC 28304
MULTI_FAMILY - Fayetteville, NC
- Added:
- Jan 6, 2026
- Days on Market:
- 136
- Last Refresh:
- May 22 at 10:06 am
Property Features for 1424-1430 Tangora Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Laundry Room
- Interior features
- CeilingFans, TubShower
- Standard status
- Pending
- APN
- 0406-77-2419
Taxes and HOA fees
- Tax Description
- Creeks Edge Townhomes Lo:39D Se:01 Pl:0058-0127
Utilities
- Sewer type
- Public Sewer
- Heating system
- Exhaust Fan (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1986
- Number of units
- 4
- Flooring type
- Carpet, Laminate, Vinyl
- Building materials
- WoodSiding
Listing agent NELSON PADILLA License #339406 (919) 634-0462
Listing office WHITE HOUSE INVESTMENT GROUP 4441 BRAGG BLVD, FAYETTEVILLE, NC (912) 580-1281
Listing date Jan 6, 2026
MLS# 755404
Listing URL
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.
HighLights
- Value‑add opportunity with below‑market rents offering potential for increased income.
- Projected 11.14% cash‑on‑cash return based on estimated stabilized rents.
- Four‑unit property with a desirable 2‑bed / 1.5‑bath configuration per unit.
- Convenient location just off Raeford Road, providing easy access to major routes and supporting consistent rental demand.
- Property is 75% occupied, providing immediate income.
- Turn‑key asset requiring minimal immediate renovations.
Overview
The property at 1424-1430 Tangora Lane in Fayetteville, North Carolina, is a four-unit multifamily property. Each unit features two bedrooms and one and a half bathrooms. The property is currently 75% occupied and generates $2,650 in gross monthly income. Existing rents are below market value, presenting an opportunity for increased income. The location, just off Raeford Road, provides convenient access to major routes throughout Fayetteville, supporting consistent rental demand. The property is suitable for investors seeking steady cash flow with the potential to improve performance. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return. The property offers a value-add opportunity while functioning as a largely turn-key asset.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.975882
- Latitude
- 35.034531
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with income potential in a high-demand area.
Where is this quadplex located?
The property is located at 1424-1430 Tangora Lane Fayetteville, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Value‑add opportunity with below‑market rents offering potential for increased income.; Projected 11.14% cash‑on‑cash return based on estimated stabilized rents.; Four‑unit property with a desirable 2‑bed / 1.5‑bath configuration per unit.
