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    544 Tracy Grove Rd Flat Rock, NC 28731

    For Sale
    $525,000

    MULTI_FAMILY - Ranch - Flat Rock, NC

    Type:Single Family Residence
    Lot size:
    0.86 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 544 Tracy Grove Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Window features
    Insulated Windows, Window Treatments
    Zoning
    R-1
    Rooms
    Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4
    Bedrooms
    4
    APN
    10013580
    Parking features
    Driveway, Garage - Attached, Open
    Patio and Porch features
    Porch
    Interior features
    Walk-In Closet(s)
    Exterior features
    Lawn Maintenance
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, Refrigerator
    Lot size
    0.86 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Well

    Building Details

    Year built
    2011
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate, Tile
    Building materials
    Vinyl
    Roof type
    Shingle
    Architectural style
    Ranch

    Southern Commercial Corporation (828) 692-5000 [email protected]

    Listing agent Jon Blatt (828) 388-1210

    Listing date Oct 8, 2025

    MLS# 4275855 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flat Rock Duplex Investment Opportunity

    This Flat Rock duplex presents an investment opportunity with a strong rental history. The property contains over 2,440 square feet. Each unit features just over 1,220 square feet of living space, including 2 bedrooms, 2 full baths, and a 2-car garage. The units have a great room floor plan and a laundry room with hookups for tenant's own washer and dryer. Interior features include tile and laminate flooring and kitchen appliances. Each unit is equipped with its own heat pump and separate power meter. The property has a low-maintenance exterior and paved driveways. Situated on a 0.86-acre lot, the property is zoned R-1 and subject to county-only taxes. Longer-term tenants are currently in place with written leases extending into 2026, contributing to a historically low vacancy rate. The property is located on Tracy Grove Road in Flat Rock, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.434318
    Latitude
    35.320666

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    FAQs

    What type of property is this?
    Duplex - Up-to-date duplex with strong rental history and long-term tenants.
    Where is this duplex located?
    The property is located at 544 Tracy Grove Rd Flat Rock, NC.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Strong rental history with long-term tenants in place through 2026 and very low vacancy rate.; - Up-to-date duplex home with over 2,440 sq. ft. (approximately 1,220 sq. ft. per unit).; - Each unit features 2 bedrooms, 2 full baths, and a 2-car garage.
    (828) 388-1210
    Request Owner's contact information
    544 Tracy Grove Rd Flat Rock, NC 28731
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    Flat Rock, NC 28731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    544 Tracy Grove Rd Flat Rock, NC 28731
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