Southern Pines Duplex Investment Opportunity

264 E Indiana Avenue, Southern Pines, NC 28387

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For Sale

$575,000

MULTI_FAMILY - Other - Southern Pines, NC

Type:Single Family Residence

Property size:

2,471 SF

Price / SF:

$232/SF

HighLights

Duplex with both sides currently under lease
2‑bedroom, 1‑bath 268 side with wood floors and fenced backyard area
3‑bedroom, 2‑bath 264 side with remodeled kitchen and updated appliances
Interior features include breakfast bar, ceiling fans, and separate shower/tub‑shower bathrooms
Central air with heat pump heating; appliances include dishwasher, electric range, gas range, oven, refrigerator, and water heater
Brick veneer construction with public water and public sewer; fenced/privacy fencing plus storage shed and fire pit area on 264 side

We can help!

Listing Contact

KELLIE ADAMS

For Sale

$575,000

MULTI_FAMILY - Other - Southern Pines, NC

Type:Single Family Residence

Property size:

2,471 SF

Price / SF:

$232/SF

Added:: Jun 9, 2025
Days on Market:: 370
Last Refresh:: Jun 13 at 11:06 am

Property Features for 264 E Indiana Avenue

General Information

Property type: Residential Multi Family
Property subtype: Single Family Residence
Bedrooms: 5
Bathrooms: 3
Rooms: Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Laundry Room, Bedroom 2, Family Room, Dining Room
Interior features: BreakfastBar, CeilingFans, LivingDiningRoom, SeparateShower, TubShower
Exterior features: Fence
Fencing: Fenced
Appliances: Dishwasher, ElectricRange, GasRange, Oven, Refrigerator, StainlessSteelAppliances, WaterHeater
Standard status: Active
APN: 00031167
Size: 2,471 SF

Taxes and HOA fees

Tax Description: BLK O 2 LOT 4 5 PART ALLEY

Utilities

Sewer type: Public Sewer
Heating system: Heat Pump (Heating)
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1955
Flooring type: Tile, Wood
Building materials: BrickVeneer
Architectural style: Other

We can help!

Listing Contact

KELLIE ADAMS

Listing agent KELLIE ADAMS License #280807

Listing office EVERYTHING PINES PARTNERS LLC 180 E CONNECTICUT AVENUE, SOUTHERN PINES, NC

Listing date Jun 9, 2025

MLS# 745203 Listing URL

HighLights

Duplex with both sides currently under lease
2‑bedroom, 1‑bath 268 side with wood floors and fenced backyard area
3‑bedroom, 2‑bath 264 side with remodeled kitchen and updated appliances
Interior features include breakfast bar, ceiling fans, and separate shower/tub‑shower bathrooms
Central air with heat pump heating; appliances include dishwasher, electric range, gas range, oven, refrigerator, and water heater
Brick veneer construction with public water and public sewer; fenced/privacy fencing plus storage shed and fire pit area on 264 side

Overview

This duplex in Southern Pines presents an investment opportunity, with both units currently leased. One unit, designated as 268, features 2 bedrooms and 1 bathroom, with wood floors and a kitchen. It also includes a fenced backyard area. The other unit, 264, offers 3 bedrooms and 2 bathrooms, showcasing updates including a remodeled kitchen with updated appliances that flows into an open-concept living and dining area. Wood floors extend throughout this unit, which also benefits from a newer roof and HVAC system. A privacy fence separates the units, and the 264 side includes a storage shed and fire pit area. The property is located minutes from downtown Southern Pines, providing access to local shops, dining, and entertainment. The property size is 2471 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Southern Pines
County: Moore
State: North Carolina
Longitude: -79.394595
Latitude: 35.169558

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For sale
Duplexes
NC
Southern Pines
28387
264 E Indiana Avenue

What type of property is this?

Duplex - Charming duplex in Southern Pines with updated units and leases.

Where is this duplex located?

The property is located at 264 E Indiana Avenue Southern Pines, NC.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Duplex with both sides currently under lease; 2‑bedroom, 1‑bath 268 side with wood floors and fenced backyard area; 3‑bedroom, 2‑bath 264 side with remodeled kitchen and updated appliances

264 E Indiana Avenue, Southern Pines, NC 28387

MULTI_FAMILY - Other - Southern Pines, NC

Property Features for 264 E Indiana Avenue

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

Southern Pines Office Building For Sale

Fully Leased Shopping Center

Industrial Building with Office Space

Entitled Office Park Development Opportunity

Downtown Duplex with Two 2/2 Units

Renovated Duplex Near Downtown Southern Pines

38-Unit Multifamily Investment Opportunity

Southern Pines Office Space Available

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