Discover this exceptional investment in downtown, perfect for either rental income or owner-occupied living as upstairs was left vacant. This property features two distinct units: The downstairs unit offers 3 bedrooms and 2 bathrooms, currently leased as a long-term rental. The upstairs unit comprises 2 bedrooms and 1 bathroom, fully furnished and ideal for short-term or mid-term rentals. Enjoy the flexibility and convenience of its location along with its great character.
New HVAC unit to be installed prior to closing in Downstairs unit to decrease maintenance and increase Net operating income.
Under contract
Price cut: $25.6K (3/23)
$449,900
465 W New Hampshire Avenue, Southern Pines, NC 28387
5beds
3baths
2,215sqft
Est.:
Duplex
Built in 1929
-- sqft lot
$443,200 Zestimate®
$203/sqft
$-- HOA
What's special
- 64 days
- on Zillow |
- 62 |
- 0 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 03:10pm
Listed by:
Kyle Kline 910-315-3856,
eXp Realty,
Hillary Kline 614-507-7995
Source: Hive MLS,MLS#: 100490441

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Heat Pump, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Washer, Vent Hood, Self Cleaning Oven, Refrigerator, Range, Dryer, Dishwasher
- Laundry: Hookup - Dryer, Washer Hookup
Features
- Master Downstairs, Ceiling Fan(s), Walk-in Shower
- Flooring: Luxury Vinyl, Tile
- Windows: Blinds
- Basement: Crawl Space,None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,215
- Total interior livable area: 2,215 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: None, Balcony
- Fencing: None
- Waterfront features: None
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 46 x 100 x 65 x 146
- Features: Interior Lot
Details
- Parcel number: 00035202
- Zoning: RM-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding, Wood Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Community Sewer
- Utilities for property: Community Water, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
Location
- Region: Southern Pines
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $359,520
- Annual tax amount: $2,292
- Date on market: 2/23/2025
- Listing terms: Cash,Conventional,Lease Purchase,USDA Loan,VA Loan
- Road surface type: Paved
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