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Duplex Residential Income Property

2723 Rivercliff Road Fayetteville, NC 28301

Claim this Listing
Pending
$135,000

MULTI_FAMILY - Other - Fayetteville, NC

Type:Single Family Residence
Property size:
1,000 SF
Added:
Apr 9, 2026
Days on Market:
96
Last Refresh:
Jul 13 at 7:06 pm

Property Features for 2723 Rivercliff Road

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
2
Bathrooms
2
Rooms
Dining Room, Bathroom 1, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 2
Parking features
Garage
Window features
Blinds
Patio and Porch features
Patio, Porch
Interior features
PrimaryDownstairs, LivingDiningRoom, BathInPrimaryBedroom, Pantry, WindowTreatments
Exterior features
Porch, Patio
Appliances
Dishwasher, Range, Refrigerator, RangeHood, WaterHeater
Standard status
Pending
APN
0438-98-9813.000
Size
1,000 SF

Taxes and HOA fees

Tax Description
RIVERCLIFF VILLAS LO:21B SE:1 PL:0058-0001

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1985
Flooring type
Laminate, Vinyl, Carpet
Building materials
CompositeSiding
Architectural style
Other

Listing agent RACHEL ENGLEHART License #330042

Listing office LPT REALTY LLC 639 EXECUTIVE PLACE, SUITE 305, Asheville, NC

Listing date Apr 9, 2026

MLS# 760069 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.


Investment Insights

Based on property information with market context.

This well-maintained duplex unit offers a convenient 2-bedroom, 2-bath layout on one side of the property. Recent improvements include a roof approximately 2 years old, appliances about 1 year old, and a refrigerator included with the sale. Washer and dryer are also included. Interior updates feature new flooring installed approximately 1 year ago, and both interior and exterior paint were completed within the last 2 years. Additional property improvements include an updated sewage line and a new electrical box.

Located at 2723 Rivercliff Road in Fayetteville, NC 28301, the home is positioned near everyday conveniences, including schools, shopping, dining, and the VA hospital.

The configuration can suit a range of buyers looking for low-maintenance living without an HOA. Because it is one side of a duplex, it may also appeal to buyers considering rental use, including potential short-term rental use, subject to applicable rules and requirements.

Key Highlights

  • 2‑bedroom, 2‑bath duplex unit with primary downstairs plus living/dining room and interior laundry room
  • Central air and forced‑air heating; electric heating and includes window treatments
  • Recent updates: roof approx. 2 years old; appliances approx. 1 year old; interior flooring approx. 1 year old

Local Financial Insights For Apartment 5plus

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 $16.2k $16.20
− Vacancy −$940 −$0.94
EGI $15.3k $15.26
− OpEx −$6.9k −$6.87
NOI $8.4k $8.39
1,000 SF · lease $16.20/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$119.9K
$104.9K – $139.9K (±1% cap)
NOI $8,393 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.2K
$191.8K – $255.7K (±1% cap)
NOI $15,341 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Restaurant Auto Repair Shop Parking Lot & Garage Kitchen & Bath Showroom Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Updated duplex unit with 2 bedrooms and 2 baths, plus recent roof, appliances, and interior/exterior paint.
Where is this single family property located?
The property is located at 2723 Rivercliff Road Fayetteville, NC.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath duplex unit with primary downstairs plus living/dining room and interior laundry room; Central air and forced‑air heating; electric heating and includes window treatments; Recent updates: roof approx. 2 years old; appliances approx. 1 year old; interior flooring approx. 1 year old
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