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Four-Triplex Multifamily Package
New
For Sale
$859,000

4938 Galveston Dr, Fayetteville, NC 28303

Updated rental property with one-bedroom apartments, city water, and septic service across four side-by-side buildings.

Property Size10,200 SF
Price / SF$84.22
Days on Market5

Property Features for 4938 Galveston Dr

General Information

Standard status Active
Size 10,200 SF
Property subtype Multi-Family

Building Details

Year Built 1975
Listed By: Hope Tyler Home Team
Source: Hopetylerhometeam
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 20 at 8:30AM

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 Hope Tyler Home Team

Investment Insights

Based on property information with market context.

This multifamily package includes four side-by-side triplex buildings at 4926, 4932, 4938, and 4948 Galveston Drive. Together, the buildings contain 12 one-bedroom, one-bathroom apartments across 10,200 square feet. The improvements date to 1975, and all apartments have received updates including paint, flooring, windows, and new mini-split systems.

The property operates with city water and septic service and is located in unincorporated Cumberland County, where the source information indicates no city taxes. The four buildings are being offered together as one package, providing a concentrated multifamily asset with consistent unit layouts and recently updated interiors.

Key Highlights

  • Four side‑by‑side triplexes at 4926, 4932, 4938, and 4948 Galveston Drive
  • 12 total units across the package
  • Each apartment includes 1 bedroom and 1 bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 28303, NC

30,842
Population
15,554
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,003
Density / Sq Mi
$53,261
Median Household Income
$37,238
Median Earnings
$1,125
Median Rent
$174,900
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
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Frequently Asked Questions

What type of property is this?
Triplex - Updated rental property with one-bedroom apartments, city water, and septic service across four side-by-side buildings.
Where is this triplex located?
The property is located at 4938 Galveston Dr Fayetteville, NC.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Four side‑by‑side triplexes at 4926, 4932, 4938, and 4948 Galveston Drive; 12 total units across the package; Each apartment includes 1 bedroom and 1 bathroom
More about this property
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