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Apartment Building With Townhome Units
For Sale
$799,990
Pending

1619 Newark Ave, Fayetteville, NC 28301

Brick multifamily property with replacement windows and washer-dryer hookups serving a mix of apartment and townhome-style units.

Property Size9,636 SF
Days on Market66

Property Features for 1619 Newark Ave

General Information

Standard status Pending
Size 9,636 SF

Units

Unit Mix 4 x 1BR/1BA, 8 x 2BR/1BA
Multifamily Units 12

Additional Details

Public Transit Yes

Amenities

washer/dryer hookup

Building Details

Buildings 1
Construction brick
Listing Agency: KELLER WILLIAMS REALTY (FAYETTEVILLE)
Listed By: FRITZ FRANCIS · License #236960
Source: Exprealty
Added: Jun 8 Changed: Aug 11 Last Checked: Aug 11 at 9:50AM

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 KELLER WILLIAMS REALTY (FAYETTEVILLE)

Investment Insights

Based on property information with market context.

This brick apartment property contains 12 units within a 9,636-square-foot building. The unit mix includes four one-bedroom, one-bathroom apartments and eight two-bedroom, one-bathroom townhome-style residences arranged across two stories. Washer and dryer hookups are provided in every unit, while the building also features a metal roof and replacement windows.

The property is located at 1619 Newark Ave in Fayetteville, within walking distance of Fayetteville State University. Historic downtown Fayetteville, public transportation, Segra Baseball Stadium, restaurants, museums, and shops are also described as easily accessible from the property. Tenant access is restricted, with showings available only after an accepted contract.

Key Highlights

  • 12‑unit brick apartment building with a metal roof
  • Unit mix includes 4 one‑bedroom and 8 two‑bedroom residences
  • Eight two‑bedroom units feature two‑story townhome‑style layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 28301, NC

17,670
Population
8,590
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
88%
High-School Grad
12.4 sq mi
ZIP Area
1,425
Density / Sq Mi
$36,955
Median Household Income
$28,350
Median Earnings
$926
Median Rent
$109,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with replacement windows and washer-dryer hookups serving a mix of apartment and townhome-style units.
Where is this apartment building located?
The property is located at 1619 Newark Ave Fayetteville, NC.
What is the asking price?
The asking price for this property is $799,990.
What are key features of this property?
This property features: 12‑unit brick apartment building with a metal roof; Unit mix includes 4 one‑bedroom and 8 two‑bedroom residences; Eight two‑bedroom units feature two‑story townhome‑style layouts
More about this property
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