Three-Story
For Sale
$439,900
511 N Hill Street Unit C and D, Dallas, NC 28034
Two residences feature open layouts, granite kitchens, stainless appliances, and private primary suites.
Property Size3,319 SF
Price / SF$132.54
Days on Market8
Property Features for 511 N Hill Street Unit C and D
General Information
Standard status
Active
Size
3,319 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Amenities
Features: Level, Size: 0.2, Dimensions: 75x113x75x117, Size Units: Acres
Description: Composition
Flooring: Vinyl
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: 3319, Area: 3319, Architecture: Transitional, Building Area: 3319, Construction Materials: Vinyl, Stories: 3, Year Built: 2023, Construction Type: Site Built
Unit: C and D, 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
Description: Dishwasher, Disposal, Electric Range, Microwave
Building Details
Building Size
3,319 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 4:29AM
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 three-story duplex contains 3,319 square feet across two residences. Each side is arranged with an open-concept main level combining the great room, dining area, and kitchen. Granite countertops, stainless steel appliances, ample cabinetry, and luxury vinyl plank flooring are included in both units. The middle floor is devoted to a primary suite with a walk-in closet and private bath with dual vanities, while the top level adds two bedrooms and a shared full bathroom.
The property is located at 511 N Hill Street Unit C and D in Dallas, NC 28034, with access to Highway 321 and I-85. The multi-level layout provides distinct living and bedroom areas within each residence and supports separate occupancy of the two sides.
The property is located at 511 N Hill Street Unit C and D in Dallas, NC 28034, with access to Highway 321 and I-85. The multi-level layout provides distinct living and bedroom areas within each residence and supports separate occupancy of the two sides.
Key Highlights
- Two‑unit duplex with 3,319 square feet
- Constructed in 2023
- Three‑story layout with two residences
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 | $59.7k | $18.00 |
| − Vacancy | −$4.8k | −$1.44 |
| EGI | $55.0k | $16.56 |
| − OpEx | −$16.5k | −$4.97 |
| NOI | $38.5k | $11.59 |
3,319 SF · lease $18.00/SF/yr · vacancy 7.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$549.7K
$481.0K – $641.4K
NOI $38,482 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$501.6K
$438.9K – $585.2K
NOI $35,114 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$1.04M
$914.1K – $1.22M
NOI $73,124 @ 7.0% cap · market cap 16.62%
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 residences feature open layouts, granite kitchens, stainless appliances, and private primary suites.
Where is this duplex located?
The property is located at 511 N Hill Street Unit C and D 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: Two‑unit duplex with 3,319 square feet; Constructed in 2023; Three‑story layout with two residences
