New Construction Townhome
New
For Sale
$440,000
415-417 4th Street SW, Hickory, NC 28602
Two separate residences each have a private entrance and rear deck overlooking a wooded setting.
Property Size2,026 SF
Price / SF$165.04
Days on Market6
Property Features for 415-417 4th Street SW
General Information
Standard status
Active
Size
2,026 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
private entrance
rear deck
Cleared
Public Sewer
Additional parcels description:, Parcel Number: 370206474726, Assessed Value: $58,000
Vinyl
Central Air, Electric
Electric, Forced Air
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Listing ID: CAR4434369, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, 2 days on market, Special Conditions: None
Driveway
Elementary School: Jenkins, Middle School: Grandview, High School: Hickory
6 total bedrooms
Built in 2026, Living area: 2666, Construction Materials: Hardboard Siding
County/Parish: Catawba
4 full bathrooms, 2 half bathrooms
Water Source: City
Crawl Space
All Utilities
Allowed: Yes
Road Responsibility: Publicly Maintained Road, Road Surface: Concrete, Paved
Dishwasher, Electric Range, Microwave, Refrigerator
Building Details
Building Size
2,026 SF
Year Built
2026
Buildings
1
Listing Agency:
Gladysh Realty LLC
(413) 355-0545
Listed By:
Viktoriya Gladysh · License #4294588
4294588
Source:
Blackstreaminternational
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:23PM
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
Ask AI about this property
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 townhome duplex contains two residences with a combined 2,666 square feet, six bedrooms, four full bathrooms, and two half bathrooms. Each unit has its own entrance and a rear deck with a wooded view, providing private outdoor space for residents.
The property is at 415-417 4th Street SW in Hickory, with access to downtown and Union Square, as well as the Highway 70 shopping corridor and City Walk trail. Restaurants, shops, and coffee shops are among the nearby destinations.
The property is at 415-417 4th Street SW in Hickory, with access to downtown and Union Square, as well as the Highway 70 shopping corridor and City Walk trail. Restaurants, shops, and coffee shops are among the nearby destinations.
Key Highlights
- Two‑residence duplex with 2,666 square feet combined
- Six bedrooms, four full bathrooms, and two half bathrooms across both residences
- Each residence has a separate entrance and rear deck
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
NOI $24,080 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$319.7K
$279.7K – $372.9K
NOI $22,376 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$778.8K
$681.4K – $908.6K
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
Location Intelligence
Trade Area within ½ mile
1,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 28602, NC
29,184
Population
12,941
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
70.7 sq mi
ZIP Area
413
Density / Sq Mi
$56,031
Median Household Income
$36,519
Median Earnings
$830
Median Rent
$180,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each have a private entrance and rear deck overlooking a wooded setting.
Where is this duplex located?
The property is located at 415-417 4th Street SW 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‑residence duplex with 2,666 square feet combined; Six bedrooms, four full bathrooms, and two half bathrooms across both residences; Each residence has a separate entrance and rear deck
