Fayetteville Four-Unit Multifamily Property

1424-1430 Tangora Lane, Fayetteville, NC 28304

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Pending

$350,000

MULTI_FAMILY - Fayetteville, NC

HighLights

Four‑unit property (1424–1430 Tangora Ln) with four 2‑bed/1.5‑bath units
75% occupied; generates $2,650 gross monthly income with in‑place rents below market
Projected rents of $1,000 per unit; estimated monthly net cash flow of about $649 ($7,796.88 annually)
Estimated 11.14% cash‑on‑cash return based on seller/broker financial projections
Public water and public sewer
Built in 1986; wood siding with central air and electric cooling

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NELSON PADILLA

Pending

$350,000

MULTI_FAMILY - Fayetteville, NC

Added:: Jan 6, 2026
Days on Market:: 176
Last Refresh:: Jul 1 at 3:06 pm

Property Features for 1424-1430 Tangora Lane

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Laundry Room
Interior features: CeilingFans, TubShower
Standard status: Pending
APN: 0406-77-2419

Taxes and HOA fees

Tax Description: Creeks Edge Townhomes Lo:39D Se:01 Pl:0058-0127

Utilities

Sewer type: Public Sewer
Heating system: Exhaust Fan (Heating)
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 1986
Number of units: 4
Flooring type: Vinyl, Laminate, Carpet
Building materials: WoodSiding

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Contact an agent

NELSON PADILLA

Listing agent NELSON PADILLA License #339406

Listing office WHITE HOUSE INVESTMENT GROUP 4441 BRAGG BLVD, FAYETTEVILLE, NC

Listing date Jan 6, 2026

MLS# 755404 Listing URL

HighLights

Four‑unit property (1424–1430 Tangora Ln) with four 2‑bed/1.5‑bath units
75% occupied; generates $2,650 gross monthly income with in‑place rents below market
Projected rents of $1,000 per unit; estimated monthly net cash flow of about $649 ($7,796.88 annually)
Estimated 11.14% cash‑on‑cash return based on seller/broker financial projections
Public water and public sewer
Built in 1986; wood siding with central air and electric cooling

Overview

The property at 1424-1430 Tangora Lane in Fayetteville, North Carolina, is a four-unit multifamily property. Each unit features two bedrooms and one and a half bathrooms. The property is currently 75% occupied and generates $2,650 in gross monthly income. Existing rents are below market value, presenting an opportunity for increased income. The location, just off Raeford Road, provides convenient access to major routes throughout Fayetteville, supporting consistent rental demand. The property is suitable for investors seeking steady cash flow with the potential to improve performance. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return. The property offers a value-add opportunity while functioning as a largely turn-key asset.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Fayetteville
County: Cumberland
State: North Carolina
Longitude: -78.975882
Latitude: 35.034531

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For sale
Quadplexes
NC
Fayetteville
28304
1424-1430 Tangora Lane

What type of property is this?

Quadplex - Four-unit property with income potential in a high-demand area.

Where is this quadplex located?

The property is located at 1424-1430 Tangora Lane Fayetteville, NC.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Four‑unit property (1424–1430 Tangora Ln) with four 2‑bed/1.5‑bath units; 75% occupied; generates $2,650 gross monthly income with in‑place rents below market; Projected rents of $1,000 per unit; estimated monthly net cash flow of about $649 ($7,796.88 annually)

1424-1430 Tangora Lane, Fayetteville, NC 28304

MULTI_FAMILY - Fayetteville, NC

Property Features for 1424-1430 Tangora Lane

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Ground-Floor Medical Office Suite

Corner Retail and Warehouse Facility

Industrial Warehouse with Rail Access

High-Visibility Medical/Retail Suite

Professional Office Building with Parking

Handicap-Accessible Office Building

Brick Flex Building with Yard

Freestanding Retail Building in Fayetteville

Fayetteville Medical/Retail Opportunity on Owen

Retail Building with Drive-Through

Downtown Fayetteville Commercial Property

Fayetteville Commercial Property For Sale

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