1424-1430 Tangora Lane, Fayetteville, NC 28304
Local realty services provided by:ERA Live Moore
1424-1430 Tangora Lane,Fayetteville, NC 28304
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nelson padilla, patrick white
Office: white house investment group
MLS#:LP755404
Source:RD
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 75% occupied and currently brings in $2,650 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 high-demand area.Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.
Contact an agent
Home facts
- Year built:1986
- Listing ID #:LP755404
- Added:1 day(s) ago
- Updated:January 08, 2026 at 05:23 PM
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1986
Finances and disclosures
- Price:$350,000
New listings near 1424-1430 Tangora Lane
- New
$199,000Active3 beds 2 baths1,236 sq. ft.2916 Loon Drive, Fayetteville, NC 28306
MLS# LP755479Listed by: GRANT-MURRAY REAL ESTATE LLC. - New
$200,000Active3 beds 2 baths1,382 sq. ft.1310 Bingham Drive, Fayetteville, NC 28304
MLS# 10139976Listed by: MARK SPAIN REAL ESTATE - New
$189,000Active3 beds 2 baths1,178 sq. ft.281 Ramona Drive, Fayetteville, NC 28303
MLS# LP755477Listed by: TOWNSEND REAL ESTATE - New
$209,900Active3 beds 2 baths1,095 sq. ft.4409 Ellenbrook Drive, Fayetteville, NC 28312
MLS# 10139928Listed by: GROW LOCAL REALTY, LLC - New
$174,500Active3 beds 2 baths1,050 sq. ft.1805 Inverness Drive, Fayetteville, NC 28304
MLS# LP755439Listed by: TOWNSEND REAL ESTATE - New
$148,999Active2 beds 2 baths1,298 sq. ft.635 Marshtree Lane #206, Fayetteville, NC 28314
MLS# LP755473Listed by: EXIT REALTY PREFERRED - New
$329,900Active4 beds 3 baths1,835 sq. ft.5900 End Place, Fayetteville, NC 28314
MLS# LP755475Listed by: SWEET HOME REAL ESTATE OF FAYETTEVILLE - New
$149,000Active3 beds 1 baths1,051 sq. ft.334 Richmond Drive, Fayetteville, NC 28304
MLS# LP755423Listed by: REAL BROKER LLC - New
$225,000Active3 beds 2 baths1,211 sq. ft.6708 Seaford Drive, Fayetteville, NC 28314
MLS# LP755472Listed by: EVOLVE REALTY - New
$145,000Active3 beds 2 baths1,200 sq. ft.1220 N Forest Drive, Fayetteville, NC 28303
MLS# 10139886Listed by: K2 REAL ESTATE GROUP