Two-Unit Duplex with Mixed
1733/1737 Cumberland Drive Fayetteville, NC 28311
For Sale
$185,000
MULTI_FAMILY - Other - Fayetteville, NC
Property Size714 SF
Price / SF$259.10
Days on Market50
Property Features for 1733/1737 Cumberland Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Laundry Room
Interior features
CeilingFans, EatInKitchen, SeparateFormalLivingRoom, TubShower, UtilityRoom
Standard status
Active
APN
0520-48-8885.000
Taxes and HOA fees
Tax Description
EUREKA SPRINGS DEV LO:4 SE:01 BL:H PL:0015-0020
Utilities
Sewer type
Septic Tank
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1941
Number of units
2
Flooring type
Vinyl
Building materials
WoodSiding
Architectural style
Other
Listing Agency:
LPT REALTY LLC
(877) 366-2213
Listed By:
PATRICK WHITE · License #341975
(912) 580-1281
Added: Jun 8
Changed: Jul 21
Last Checked: Jul 27 at 4:06PM
MLS# 763808
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.
Investment Insights
Based on property information with market context.
1733/1737 Cumberland Drive is a two-unit duplex featuring two 2-bedroom, 1-bathroom layouts. Each unit offers approximately 714 square feet of living space. The property provides mixed occupancy, with one unit currently vacant and the other occupied, giving buyers flexibility to move in and rent the other side or place a tenant immediately.
The duplex is located just outside Honeycutt Gate and off McArthur Road in Fayetteville, within convenient access to Fort Bragg, Downtown Fayetteville, Ramsey Street, and I-295. This connectivity can be appealing to tenants who value straightforward routes throughout the area.
As a for-sale duplex, the property may fit first-time investors seeking an entry into residential income or buyers looking to add a small, manageable asset to their portfolio. The seller’s materials include projections based on projected rents of $1,000 per unit and an estimated 18% expense ratio, including maintenance, vacancy, and property management, resulting in an estimated $327 per month in net cash flow (approximately $3,929 annually). Any projections are based on current market conditions and broker analysis, and actual results will vary with financing terms, operating expenses, vacancy, and tenant turnover.
The duplex is located just outside Honeycutt Gate and off McArthur Road in Fayetteville, within convenient access to Fort Bragg, Downtown Fayetteville, Ramsey Street, and I-295. This connectivity can be appealing to tenants who value straightforward routes throughout the area.
As a for-sale duplex, the property may fit first-time investors seeking an entry into residential income or buyers looking to add a small, manageable asset to their portfolio. The seller’s materials include projections based on projected rents of $1,000 per unit and an estimated 18% expense ratio, including maintenance, vacancy, and property management, resulting in an estimated $327 per month in net cash flow (approximately $3,929 annually). Any projections are based on current market conditions and broker analysis, and actual results will vary with financing terms, operating expenses, vacancy, and tenant turnover.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units, each with approximately 714 SF of living space
- One unit is currently vacant and the other is occupied, allowing immediate rental income or owner‑occupancy
- Year built 1941 with wood siding construction
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.9k | $13.80 |
| − Vacancy | −$543 | −$0.76 |
| EGI | $9.3k | $13.04 |
| − OpEx | −$2.8k | −$3.91 |
| NOI | $6.5k | $9.13 |
714 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$93.1K
$81.5K – $108.6K
NOI $6,517 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$85.6K
$74.9K – $99.9K
NOI $5,993 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$156.5K
$136.9K – $182.6K
NOI $10,953 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offering two 2-bedroom units, with one currently vacant, supporting immediate tenant placement or owner-occupancy.
Where is this duplex located?
The property is located at 1733/1737 Cumberland Drive Fayetteville, NC.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units, each with approximately 714 SF of living space; One unit is currently vacant and the other is occupied, allowing immediate rental income or owner‑occupancy; Year built 1941 with wood siding construction
