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New Construction Duplex

1836-1838 17th Street NE, Hickory, NC 28601

For Sale
New
$440,000

Both homes offer three bedrooms, two-and-a-half bathrooms, open living and dining areas, and private rear patios.

Property Size2,026 SF
Price / SF$165.04
Days on Market1

Property Features for 1836-1838 17th Street NE

General Information

Standard status Active
Size 2,026 SF
Property subtype Duplex

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

Public Sewer
Additional parcels description:, Parcel Number: 371311677235, Assessed Value: $91,800
Vinyl
Central Air, Electric
Electric, Forced Air
Laundry Closet, Main Level
Listing ID: CAR4440344, Standard Status: Coming Soon, MLS Status: Coming Soon-No Show, Property Subtype: Duplex, Special Conditions: None
Other Parking: Each unit has 2 designated parking spaces., Driveway
Elementary School: St. Stephens, Middle School: Arndt, High School: St. Stephens
6 total bedrooms
Built in 2026, Living area: 2666, Construction Materials: Vinyl
County/Parish: Catawba
4 full bathrooms, 2 half bathrooms
Water Source: Public
Slab
Allowed: Yes
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Concrete, Paved
Patio/Porch Features: Patio
Open Floorplan
Carbon Monoxide Detector(s), Smoke Detector(s)
Dishwasher, Electric Range, Microwave, Refrigerator

Building Details

Building Size 2,026 SF
Year Built 2026
Listing Agency: Gladysh Realty LLC
Listed By: Viktoriya Gladysh · License NC #4294588
Source: Blackstreaminternational
Added: Nov 10 Last Checked: Nov 10 at 2:09PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two homes with a combined 2,666 square feet. Each residence has three bedrooms, two-and-a-half bathrooms, an open-concept living and dining area, and a rear patio. A one-year structural warranty is included.

The property is in northeast Hickory, near Lenoir-Rhyne University and Valley Hills Mall. Shopping, restaurants, and grocery stores are also accessible nearby, with access to I-40 for travel to surrounding areas.

Key Highlights

  • Two residences, each with 3 bedrooms and 2.5 bathrooms
  • 2,666 square feet combined
  • Completed in 2026; one‑year structural warranty included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,080
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,600 $481.6K
Cap Rate 7%
$344,000 $344.0K
Cap Rate 9%
$267,556 $267.6K
Market Conditions
NOI Build-Up for 2,666 SF
Gross rent
$36.8K $13.80/SF
− Vacancy
−$2.4K −$0.90/SF
EGI
$34.4K $12.90/SF
− OpEx
−$10.3K −$3.87/SF
NOI
$24.1K $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%
$481,600
Cap Rate 7%
$344,000
Cap Rate 9%
$267,556

Alternative Uses

Best Use
Multifamily LT 5
$344.0K
$301.0K – $401.3K (±1% cap)
NOI $24,080 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$319.7K
$279.7K – $372.9K (±1% cap)
NOI $22,376 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$778.8K
$681.4K – $908.6K (±1% cap)
NOI $54,514 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

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

Properties on Market for Duplexes in Catawba County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both homes offer three bedrooms, two-and-a-half bathrooms, open living and dining areas, and private rear patios.
Where is this duplex located?
The property is located at 1836-1838 17th Street NE Hickory, NC.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; 2,666 square feet combined; Completed in 2026; one‑year structural warranty included
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