Exceptional investment opportunity located in the heart of historic Haymount. Over $150,000 of renovations and upgrades have been poured into 1806 Morganton Road to make this a turnkey, low maintenance property with a high tenant satisfaction rate with active leased units. This property is currently operating as an established, lucrative airbnb with the potential to convert to long term rental units. Currently monthly rent roll reflects an annual gross revenue of $66k. Individually metered units, 8 large parking spaces and almost 9,400 square-feet lot of prime real estate. Don't miss out on this lucrative opportunity to own a piece of prime real estate with immense potential. Active Airbnb, no showings without an accepted offer as to not interfere with the strong reputation of the units. Additional features and airbnb links complete with lease dates can be found in transaction docs.
Sold for $428,000 on 10/01/24
$428,000
1806 Morganton Rd, Fayetteville, NC 28305
--beds
0baths
2,762sqft
Triplex, Multi Family
Built in 1928
-- sqft lot
$432,900 Zestimate®
$155/sqft
$1,202 Estimated rent
Home value
$432,900
$381,000 - $494,000
$1,202/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 11:20am
Listed by:
MARK PELAEZ,
SWANKY NESTS, LLC.
Bought with:
STACEY PREVETTE, 310712
KELLER WILLIAMS REALTY (FAYETTEVILLE)
Source: LPRMLS,MLS#: 728928
Originating MLS: Longleaf Pine Realtors
Originating MLS: Longleaf Pine RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air, Electric
Features
- Attic, Built-in Features, Bathtub, Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, High Speed Internet, Kitchen/Dining Combo, Living/Dining Room, Other, See Remarks, Window Treatments
- Flooring: Hardwood, Luxury Vinyl Plank, Vinyl
- Windows: Blinds, Window Treatments
Interior area
- Total interior livable area: 2,762 sqft
Property
Details
- Parcel number: 0427762527.000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tudor
- Property subtype: Triplex, Multi Family
Materials
- Brick, Wood Frame
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Fayetteville
- Subdivision: Haymount
Other
Other facts
- Listing terms: New Loan
- Ownership: More than a year
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Sold | $428,000+0.7%$155/sqft |
Source:  LPRMLS #728928 | ||
| 7/23/2024 | Pending sale | $425,000$154/sqft |
Source: LPRMLS #728928 | ||
| 7/22/2024 | Listed for sale | $425,000$154/sqft |
Source: LPRMLS #728928 | ||
| 7/19/2024 | Pending sale | $425,000$154/sqft |
Source: LPRMLS #728928 | ||
| 7/15/2024 | Listed for sale | $425,000+183.3%$154/sqft |
Source: LPRMLS #728928 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,158 +51.1% | $406,900 +165.1% |
| 2024 | $3,415 +6.7% | $153,500 |
| 2023 | $3,201 +10.1% | $153,500 |
Find assessor info on the county website
Neighborhood: 28305
Nearby schools
GreatSchools rating
- NAAlma O Easom ElementaryGrades: K-1Distance: 0.1 mi
- 7/10R Max Abbott MiddleGrades: 6-8Distance: 1 mi
- 6/10Terry Sanford HighGrades: 9-12Distance: 0.5 mi
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$432,900
2% more+ $8,658
With Zillow Showcase(estimated)
$441,558