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    5508-5510 Wrenn Dr Denver, NC 28037

    Under Contract
    For Sale
    $399,000

    MULTI_FAMILY - Ranch - Denver, NC

    Type:Single Family Residence
    Lot size:
    0.51 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 5508-5510 Wrenn Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active Under Contract
    Rooms
    Bedroom 3, Laundry Room, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    4
    APN
    32434
    Parking features
    Driveway
    Patio and Porch features
    Porch, Patio
    Pets allowed
    Yes
    Appliances
    Oven, Refrigerator
    Lot size
    0.51 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    2003
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Laminate, Carpet
    Building materials
    Brick Full
    Roof type
    Shingle
    Architectural style
    Ranch

    Keller Williams Realty Lake Norman (704) 799-3700 [email protected]

    Listing agent Rob Petit (704) 728-9625

    Listing date Nov 10, 2025

    MLS# 4294139 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

    Income-Generating Duplex in Denver, NC

    Located in Denver, NC, this all-brick duplex, constructed in 2003, presents an income-generating opportunity. The property at 5508-5510 Wrenn Drive features two units, each offering 2 bedrooms and 2 full baths. The units have a modern, open-concept layout and quality finishes. Each unit includes an inviting front porch and a separate driveway. The property includes a well-maintained yard with grass and space for outdoor enjoyment. Appliances, including a stove and refrigerator, are included. The property is currently tenant-occupied, providing immediate cash flow. The lot size is 0.507 acres. A new well will be installed.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.055034
    Latitude
    35.550326

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with tenant in place, great investment opportunity.
    Where is this duplex located?
    The property is located at 5508-5510 Wrenn Dr Denver, NC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Income-generating duplex with tenants already in place for immediate cash flow.; - All-brick construction built in 2003, offering durability and low maintenance.; - Each unit features 2 bedrooms and 2 full baths with a modern, open-concept layout.
    (704) 728-9625
    Request Owner's contact information
    5508-5510 Wrenn Dr Denver, NC 28037
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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
    5508-5510 Wrenn Dr Denver, NC 28037
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