1424-1430 Tangora Lane, Fayetteville, NC 28304

Fayetteville
Local realty services provided by:ERA Strother Real Estate
1424-1430 Tangora Lane,Fayetteville, NC 28304
$350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nelson padilla
Office: white house investment group
MLS#:755404
Source:NC_FRAR

Price summary

  • Price:$350,000

About this home

1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 50% occupied and currently brings in $1,745 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner. Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return. With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a...

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Home facts

  • Year built:1986
  • Subdivision & Development:CREEKS EDGE
  • Listing ID #:755404
  • Added:217 day(s) ago
  • Updated:August 12, 2026 at 03:38 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Luxury Vinyl Plank
  • Bathrooms Description:Tub Shower

Heating and cooling

  • Cooling:Central Air, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1986

Schools

  • High school:Seventy-First Senior High
  • Middle school:Lewis Chapel Middle School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000

Features and amenities

  • Amenities:Ceiling Fans

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