(864) 362-2375
$1,590,000
210 Colonial Drive, Fayetteville, NC 28301
36Beds
21Baths
14.0k14,000SQFT
1.7Acres
1970YearYear Built
About This Home
24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only unit (#16/ #15) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300,000 in renovations were done in past couple years!
Location
Key Facts
Status: Active
Type: Residential Income
Neighborhood: Not in a Subdivision
Annual Taxes: $489
HOA Fees: $0
MLS: Doorify
MLS #: 10186622
Features
Apartment
Electric Range
Free-Standing Electric Range
Free-Standing Refrigerator
Free-Standing Range
Range
Refrigerator
Range Hood
Mortgage Calculator
$8,040Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $1,590,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 78
Last updated: Oct 24, 2026
Schools
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Listing courtesy of Highgarden Real Estate NC
Source MLS #: 10186622
Last updated: Oct 24, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.