New Construction
For Sale
$1,100,000
105 E Highfill Avenue, Liberty, NC 27298
MULTI_FAMILY - Liberty, NC
Property Size6,237 SF
Lot Size0.71 Acres
Price / SF$176.37
Days on Market202
Property Features for 105 E Highfill Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
B-2
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 10, Bathroom 6, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 11, Bathroom 4, Bedroom 12, Bathroom 8, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 1, Bedroom 9, Bedroom 4, Bathroom 7, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 7
Parking
8
Parking features
Parking Lot, Open
Subdivision
Not in a Subdivision
Elementary school
Randolph County Schools
Middle school
Randolph County Schools
High school
Randolph County Schools
Standard status
Active
APN
8736-07-7012
Size
6,237 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Deed Book 2960 Page 443 REID #78834
Tax Annual Amount
4636
Legal Description
Deed Book 2960 Page 443 REID #78834
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Multi Units, Separate Meters, Ceiling Fan(s), Electric, Central Air, Heat Pump
Water source
Public
Amenities
granite countertops
soft-close cabinetry
luxury vinyl plank flooring
ceiling fans
Trex Rain Escape systems
covered upper decks
Building Details
Year built
2025
Floors in Building
3
Number of units
4
Flooring type
Vinyl
Building materials
Block, Vinyl Siding
Roof type
Shingle
Listing Agency:
Harris Realty & Auction
(919) 742-3286
Listed By:
Scott Harris · License #159569
(919) 498-4077
Added: Jan 12
Changed: Aug 1
Last Checked: Aug 2 at 11:06AM
MLS# 10141258
Copyright © 2026 Doorify MLS. 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.
New construction quadplex on a single lot featuring two duplex buildings for a total of four residential units. Built in 2025, the property sits on a 0.71-acre lot totaling 6,237 square feet. Each unit is approximately 1,559 square feet with 3 bedrooms and 2 bathrooms.
Construction includes block with vinyl siding and a shingle roof. Building systems are designed for durability and privacy with spray foam attic insulation and true 2-inch dense glass firewalls between units. HVAC is multi-zone with central heat pump heating and independent controls on each floor. Cooling includes central air, electric systems, separate meters, and ceiling fans. Granite countertops, soft-close cabinetry, luxury vinyl plank flooring, composite stair systems, and ceiling fans are included, and all appliances convey.
Outdoor space includes elevated decks for units 109 and 111 with Trex Rain Escape systems, along with covered upper decks for units 105 and 107 to protect deck and lower patio areas. Open parking lot spaces are provided. Three units are currently leased, and the fourth operates as an Airbnb. The property is just over 4 miles from Toyota Battery Manufacturing North Carolina, and it is positioned in the heart of downtown Liberty for walking access to local restaurants, coffee shops, and community amenities.
Construction includes block with vinyl siding and a shingle roof. Building systems are designed for durability and privacy with spray foam attic insulation and true 2-inch dense glass firewalls between units. HVAC is multi-zone with central heat pump heating and independent controls on each floor. Cooling includes central air, electric systems, separate meters, and ceiling fans. Granite countertops, soft-close cabinetry, luxury vinyl plank flooring, composite stair systems, and ceiling fans are included, and all appliances convey.
Outdoor space includes elevated decks for units 109 and 111 with Trex Rain Escape systems, along with covered upper decks for units 105 and 107 to protect deck and lower patio areas. Open parking lot spaces are provided. Three units are currently leased, and the fourth operates as an Airbnb. The property is just over 4 miles from Toyota Battery Manufacturing North Carolina, and it is positioned in the heart of downtown Liberty for walking access to local restaurants, coffee shops, and community amenities.
Key Highlights
- Built in 2025 quadplex with 4 residential units across two duplex buildings on one lot
- 0.71‑acre lot totaling 6,237 SF; each unit is approximately 1,559 SF with 3 bedrooms and 2 bathrooms
- True 2‑inch dense glass firewalls between units plus spray foam attic insulation
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 | $84.6k | $13.56 |
| − Vacancy | −$5.1k | −$0.81 |
| EGI | $79.5k | $12.75 |
| − OpEx | −$23.8k | −$3.82 |
| NOI | $55.6k | $8.92 |
6,237 SF · lease $13.56/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$795.0K
$695.6K – $927.5K
NOI $55,650 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$715.1K
$625.7K – $834.3K
NOI $50,056 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,184 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 27298, NC
10,583
Population
4,340
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
81%
High-School Grad
94.8 sq mi
ZIP Area
112
Density / Sq Mi
$61,488
Median Household Income
$38,003
Median Earnings
$887
Median Rent
$183,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex built in 2025 with zoning B-2, public water and sewer, and separate meters.
Where is this quadplex located?
The property is located at 105 E Highfill Avenue Liberty, NC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Built in 2025 quadplex with 4 residential units across two duplex buildings on one lot; 0.71‑acre lot totaling 6,237 SF; each unit is approximately 1,559 SF with 3 bedrooms and 2 bathrooms; True 2‑inch dense glass firewalls between units plus spray foam attic insulation
