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1424-1430 Tangora Lane, Fayetteville, NC 28304

Fayetteville
Local realty services provided by:CENTURY 21 New Beginnings
1424-1430 Tangora Lane,Fayetteville, NC 28304
$350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nelson padilla, patrick white
Office: lpt realty llc.
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 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 #:LP755404
  • Added:244 day(s) ago
  • Updated:September 09, 2026 at 03:48 PM

Rooms and interior

  • Flooring:Carpet, Hardwood, Laminate, Luxury Vinyl, Tile, Vinyl
  • Bathrooms Description:Bathtub/Shower Combination

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1986

Finances and disclosures

  • Price:$350,000
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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