Three-Story Duplex with Modern
New
For Sale
$439,900
511 N Hill Street Unit A and B, Dallas, NC 28034
Two separate residences offer open layouts, contemporary kitchens, and flexible bedroom space arranged across three levels.
Property Size3,368 SF
Price / SF$130.61
Days on Market7
Property Features for 511 N Hill Street Unit A and B
General Information
Standard status
Active
Size
3,368 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Amenities
Size: 0.17, Dimensions: 65x109x66x113, Size Units: Acres
Description: Composition
Flooring: Vinyl
Garage Spaces: 0, Man Level Garage: 0
Details: Central Air, Electric
Heating: Electric, Heat Pump
Description: Laundry Room, Upper Level
Days on Market: 1, Listing Price: 439900, Status: Active
Elementary: Carr, Middle/Junior High: W.C. Friday, High School: North Gaston
Total Bathrooms: 6
Finished Area Above Grade: 3368, Area: 3368, Architecture: Transitional, Building Area: 3368, Construction Materials: Vinyl, Stories: 3, Year Built: 2023, Construction Type: Site Built
Unit: A and B, City: Dallas, State: NC, Zip: 28034, County: Gaston, Subdivision: None, Directions: I 85 West to 321 North. Right on 275, Left on North College St, Right on E Lay St, Left on N Hill St. House on Left.
Full Bathrooms: 4, Half Bathrooms: 2
Sewer: Public Sewer, Water Source: City, Utilities: Cable Available
Description: Yes
Auction Y/N: 0
Patio Features: Balcony
Description: Dishwasher, Disposal, Electric Range, Microwave
Building Details
Building Size
3,368 SF
Year Built
2023
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
EXP Realty LLC Mooresville
(704) 957-3990
Listed By:
Nancy Buckstad
(704) 957-3990
Source:
Blackstreaminternational
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 5 at 4:38AM
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 EXP Realty LLC Mooresville
Investment Insights
Based on property information with market context.
Built in 2023, this 3,368-SF duplex contains two residences with matching three-story layouts. Each side begins with an open main level that combines the great room, dining area, and kitchen. Luxury vinyl plank flooring extends throughout the units, while the kitchens include granite countertops, stainless steel appliances, and substantial cabinet storage.
The middle floor is dedicated to a primary suite with a walk-in closet and private bathroom featuring dual vanities. Two additional bedrooms and a shared full bathroom occupy the top level, providing distinct sleeping and work areas within each residence. The property is located at 511 N Hill Street in Dallas, North Carolina, with access to Highway 321 and I-85 and connections toward Gastonia, Charlotte, and surrounding areas.
The middle floor is dedicated to a primary suite with a walk-in closet and private bathroom featuring dual vanities. Two additional bedrooms and a shared full bathroom occupy the top level, providing distinct sleeping and work areas within each residence. The property is located at 511 N Hill Street in Dallas, North Carolina, with access to Highway 321 and I-85 and connections toward Gastonia, Charlotte, and surrounding areas.
Key Highlights
- 3,368‑SF duplex completed in 2023
- Two separate residences, each arranged across three stories
- Open main‑level great room, dining area, and kitchen in each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.6k | $18.00 |
| − Vacancy | −$4.8k | −$1.44 |
| EGI | $55.8k | $16.56 |
| − OpEx | −$16.7k | −$4.97 |
| NOI | $39.1k | $11.59 |
3,368 SF · lease $18.00/SF/yr · vacancy 7.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$557.9K
$488.1K – $650.8K
NOI $39,050 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$509.0K
$445.4K – $593.9K
NOI $35,633 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.06M
$927.6K – $1.24M
NOI $74,204 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 28034, NC
19,258
Population
8,085
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
45.6 sq mi
ZIP Area
422
Density / Sq Mi
$59,969
Median Household Income
$42,804
Median Earnings
$841
Median Rent
$221,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer open layouts, contemporary kitchens, and flexible bedroom space arranged across three levels.
Where is this duplex located?
The property is located at 511 N Hill Street Unit A and B Dallas, NC.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 3,368‑SF duplex completed in 2023; Two separate residences, each arranged across three stories; Open main‑level great room, dining area, and kitchen in each unit
