Four-Unit Residential Income
For Sale
$350,000
Pending
1424-1430 Tangora Lane, Fayetteville, NC 28304
MultiFamily, Fayetteville, NC
Property SizeContact for details
Days on Market264
Property Features for 1424-1430 Tangora Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
SF6 - Single Family Res 6
Rooms
Laundry Room
Interior features
CeilingFans, TubShower
Subdivision
CREEKS EDGE
Middle school
Lewis Chapel Middle School
High school
Seventy-First Senior High
Directions
From Raeford Rd, turn onto Skibo Rd. Turn right onto Cliffdale Rd, then right onto Bingham Dr. Turn left onto Tangora Ln. Home will be on the right.
Standard status
Pending
APN
0406-77-2419
Taxes and HOA fees
Tax Description
Creeks Edge Townhomes Lo:39D Se:01 Pl:0058-0127
Legal Description
Creeks Edge Townhomes Lo:39D Se:01 Pl:0058-0127
Utilities
Sewer type
Public Sewer
Heating system
Exhaust Fan (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1986
Number of units
4
Flooring type
Carpet, Laminate, Vinyl
Building materials
WoodSiding
Listing Agency:
WHITE HOUSE INVESTMENT GROUP
(912) 580-1281
Listed By:
NELSON PADILLA · License #339406
(919) 634-0462
Added: Jan 6
Changed: Sep 12
Last Checked: Sep 27 at 8:06PM
MLS# 755404
Copyright © 2026 Longleaf Pine Realtors. 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.
This 1986 quadplex contains four residential units, each configured with two bedrooms and 1.5 baths. The property is currently 50% occupied and includes laundry-room space, ceiling fans, tub-and-shower combinations, laminate, vinyl, and carpet flooring, plus wood siding. Heating and cooling systems include electric service, exhaust-fan heating, and central air.
Located at 1424-1430 Tangora Lane in Fayetteville, the property sits just off Raeford Road with access to major routes across the area. Public water and public sewer serve the site. The projected financial analysis indicates an estimated 11.14% cash-on-cash return, subject to financing, operating expenses, vacancy, management, and actual performance.
Located at 1424-1430 Tangora Lane in Fayetteville, the property sits just off Raeford Road with access to major routes across the area. Public water and public sewer serve the site. The projected financial analysis indicates an estimated 11.14% cash-on-cash return, subject to financing, operating expenses, vacancy, management, and actual performance.
Key Highlights
- Four‑unit property with four 2‑bed / 1.5‑bath units
- 50% current occupancy
- Built in 1986 with wood siding
Property Analytics
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Current Use
Lease Details
4
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Explore this area
Business Placement
Demographics for 28304, NC
37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-bedroom residences with public utilities, central air, and convenient access near Raeford Road.
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 with four 2‑bed / 1.5‑bath units; 50% current occupancy; Built in 1986 with wood siding
