New Construction
For Sale
$399,000
952-954 4th Street Place SE, Hickory, NC 28602
Separate entrances and outdoor decks provide each residence with its own access and outdoor space.
Property Size2,026 SF
Price / SF$217.32
Days on Market8
Property Features for 952-954 4th Street Place SE
General Information
Standard status
Active
Size
2,026 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
rear deck
Public Sewer
Additional parcels description:, Parcel Number: 370212759513, Assessed Value: $7,500
Central Air, Electric
Electric, Forced Air
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Listing ID: CAR4434632, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, 2 days on market, Special Conditions: None
4 total parking spaces, Driveway
Elementary School: Jenkins, Middle School: Northview, High School: Hickory
4 total bedrooms
Built in 2026, Living area: 1836, Construction Materials: Hardboard Siding
County/Parish: Catawba
2 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
Construction
hardiboard siding
Listing Agency:
Gladysh Realty LLC
(413) 355-0545
Listed By:
Viktoriya Gladysh · License #4294588
(864) 920-0303
Source:
Blackstreaminternational
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 21 at 2:16AM
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 1,836-square-foot duplex contains two residences with separate entrances. The combined layout offers four bedrooms, two full bathrooms, and two half bathrooms. Hardiboard siding, a concrete driveway, and a rear deck for each residence are among the property’s features; both decks face a wooded backdrop.
The property is in Hickory, within walking distance of Kiwanis Park and near shopping, dining, and entertainment along the Highway 70 corridor, including Valley Hills Mall. Highway 70, US-321, and Interstate 40 provide regional road connections.
The property is in Hickory, within walking distance of Kiwanis Park and near shopping, dining, and entertainment along the Highway 70 corridor, including Valley Hills Mall. Highway 70, US-321, and Interstate 40 provide regional road connections.
Key Highlights
- Two‑residence duplex with 1,836 square feet, built in 2026
- Combined total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms
- Separate entrances and a rear deck for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,583
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,660
$331.7K
Cap Rate 7%
$236,900
$236.9K
Cap Rate 9%
$184,256
$184.3K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$25.3K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$23.7K $12.90/SF
− OpEx
−$7.1K −$3.87/SF
NOI
$16.6K $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%
$331,660
Cap Rate 7%
$236,900
Cap Rate 9%
$184,256
Alternative Uses
Best Use
Multifamily LT 5
$236.9K
$207.3K – $276.4K
NOI $16,583 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$220.1K
$192.6K – $256.8K
NOI $15,410 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
993
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 - Separate entrances and outdoor decks provide each residence with its own access and outdoor space.
Where is this duplex located?
The property is located at 952-954 4th Street Place SE Hickory, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑residence duplex with 1,836 square feet, built in 2026; Combined total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms; Separate entrances and a rear deck for each residence
