New Construction
For Sale
$470,000
Pending
1415-1417 3rd Street Place NE, Hickory, NC 28601
Each residence combines a ground-floor primary suite with two upstairs bedrooms and a loft.
Property Size2,946 SF
Days on Market8
Property Features for 1415-1417 3rd Street Place NE
General Information
Standard status
Pending
Size
2,946 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR+Loft
Multifamily Units
2
Amenities
side patio
backyard area
Building Details
Building Size
2,946 SF
Year Built
2026
Buildings
1
Stories
2
Units
2
Listing Agency:
Gladysh Realty LLC
Listed By:
Viktoriya Gladysh · License #4294588
(413) 355-0545
Source:
Geoffcampbell
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 4:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gladysh Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two residences with matching layouts. Each has a primary suite on the ground floor, two bedrooms upstairs, and a loft that provides additional interior space. The property totals 2,946 square feet.
Both units include a side patio and access to a backyard area. Interior finishes include luxury vinyl plank flooring, recessed lighting, and matte black details. Kitchens are equipped with stainless steel appliances, white shaker cabinets, and granite countertops. A one-year builder warranty is included.
The property is on 3rd Street Place NE in Hickory, within walking distance of shopping and dining in the Viewmont area.
Both units include a side patio and access to a backyard area. Interior finishes include luxury vinyl plank flooring, recessed lighting, and matte black details. Kitchens are equipped with stainless steel appliances, white shaker cabinets, and granite countertops. A one-year builder warranty is included.
The property is on 3rd Street Place NE in Hickory, within walking distance of shopping and dining in the Viewmont area.
Key Highlights
- Two‑unit duplex totaling 2,946 square feet
- Built in 2026; includes a one‑year builder warranty
- Each unit has a ground‑floor primary suite, two upstairs bedrooms, and a loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,609
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,180
$532.2K
Cap Rate 7%
$380,129
$380.1K
Cap Rate 9%
$295,656
$295.7K
Market Conditions
NOI Build-Up for 2,946 SF
Gross rent
$40.7K $13.80/SF
− Vacancy
−$2.6K −$0.90/SF
EGI
$38.0K $12.90/SF
− OpEx
−$11.4K −$3.87/SF
NOI
$26.6K $9.03/SF
Area
Catawba County, NC
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,180
Cap Rate 7%
$380,129
Cap Rate 9%
$295,656
Alternative Uses
Best Use
Multifamily LT 5
$380.1K
$332.6K – $443.5K
NOI $26,609 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$353.2K
$309.1K – $412.1K
NOI $24,726 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$860.6K
$753.0K – $1.00M
NOI $60,240 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 28601, NC
53,973
Population
23,400
Households
2.3
Avg Household Size
42
Median Age
35%
College-Educated
90%
High-School Grad
47.1 sq mi
ZIP Area
1,146
Density / Sq Mi
$67,839
Median Household Income
$41,697
Median Earnings
$951
Median Rent
$236,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines a ground-floor primary suite with two upstairs bedrooms and a loft.
Where is this duplex located?
The property is located at 1415-1417 3rd Street Place NE Hickory, NC.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,946 square feet; Built in 2026; includes a one‑year builder warranty; Each unit has a ground‑floor primary suite, two upstairs bedrooms, and a loft
