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Multiple 18 UNITS on McIver & Italy St. Fayetteville, NC 28301

View on Map
Pending
$1,749,000

MULTI_FAMILY - Other - Fayetteville, NC

Added:
Aug 7, 2025
Days on Market:
238
Last Refresh:
Apr 1 at 4:06 am

Property Features for Multiple 18 UNITS on McIver & Italy St.

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Pending
APN
See Exhibit A in TDesk

Taxes and HOA fees

TaxDescription
See Exhibit A in TDesk

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Floors in Building
1
Number of units
18
Architectural style
Other

We can help!

Listing Contact
DAVID HELMS
DAVID HELMS

Listing agent DAVID HELMS License #209889

Listing office COLDWELL BANKER ADVANTAGE - FAYETTEVILLE 3800 RAEFORD ROAD, Fayetteville, NC

Listing date Aug 7, 2025

MLS# 748351 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.


Overview

Fayetteville Multifamily Investment Opportunity

This portfolio includes five single-family homes, three duplexes, one triplex, and one quadplex, totaling 18 units across 10 buildings. All units feature a two-bedroom, one-bathroom layout. The duplexes measure 1600 square feet, the triplexes 2400 square feet, and the quadplex 3200 square feet. Constructed between 1997 and 2008, the properties also include three-bedroom, one-bathroom houses built between 1997 and 2004. All buildings are single-story, built on slabs with either vinyl or cement siding. The properties have been self-managed since their inception and are currently 100% occupied. The current gross revenue is $180,000 per year. A rent increase is scheduled for December 25th, which is projected to increase the revenue to $212,400 for 2026. The 2024 expenses for taxes, insurance, repairs, and lawn care totaled $32,500. As of July 25th, there are no rehabs needed and no vacancies. Some tenants have occupied their units for over 15 years. Trash pickup is provided by the city. Tenants are responsible for electric, water, and sewer (PWC) utilities. All leases are initially one year, transitioning to month-to-month thereafter.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Map

City
Fayetteville
County
Cumberland
State
North Carolina
Longitude
-78.8920549
Latitude
35.0483726

FAQs

What type of property is this?
Apartment building - Portfolio of 18 units in Fayetteville, North Carolina.
Where is this apartment building located?
The property is located at Multiple 18 UNITS on McIver & Italy St. Fayetteville, NC.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 100% Occupancy: Benefit from strong demand and consistent income.; Revenue Growth: Scheduled rent increase on 12/25 projects a significant boost in gross revenue to $212,400 for 2026.; Diverse Unit Mix: This portfolio includes single‑family homes, duplexes, a triplex, and a quadplex, offering diverse rental options.
More about this property
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