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Three-Unit Multifamily Property
For Sale
$605,000

432 & 422 E Main Street, Old Fort, NC 28762

Two separate buildings include a three-bedroom house, a two-unit duplex, and a detached garage.

Property Size1,270 SF
Price / SF$476.38
Days on Market14

Property Features for 432 & 422 E Main Street

General Information

Standard status Active
Size 1,270 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

Fire Pit

Building Details

Building Size 1,270 SF
Year Built 1920
Stories 1
Units 3
Listing Agency: Greybeard Realty Old Fort Office
Listed By: Jeannie Conner · License #217311
Source: Homespuninvestmentrealty
Added: Oct 16 Changed: Oct 26 Last Checked: Oct 26 at 3:17PM

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 Greybeard Realty Old Fort Office

Rey
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Investment Insights

Based on property information with market context.

The offering includes a three-bedroom, one-bath house with 1,270 heated square feet, an unfinished basement, and a detached two-car garage with concrete floors. A separate duplex contains two one-bedroom units, each arranged with a living area, bathroom, laundry, and its own entrance. The house was built in 1920, and both buildings have been renovated.

The property is walkable to downtown Old Fort. Its three residential units can support short-term or long-term rental use.

Key Highlights

  • Three residential units across a house and duplex
  • House offers 1,270 heated square feet, three bedrooms, one bathroom, and an unfinished basement
  • Duplex totals 1,383 heated square feet across two one‑bedroom units

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 28762, NC

6,661
Population
3,544
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
95.5 sq mi
ZIP Area
70
Density / Sq Mi
$52,269
Median Household Income
$38,920
Median Earnings
$757
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Multifamily property - Two separate buildings include a three-bedroom house, a two-unit duplex, and a detached garage.
Where is this multifamily property located?
The property is located at 432 & 422 E Main Street Old Fort, NC.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Three residential units across a house and duplex; House offers 1,270 heated square feet, three bedrooms, one bathroom, and an unfinished basement; Duplex totals 1,383 heated square feet across two one‑bedroom units
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