GREAT INVESTMENT OPPURTUNITY with this cash flowing, income producing quadplex! A quadplex with all units rented. This four unit property has been used as a long term rental. The upstairs units features two bedrooms with an open living area and kitchen opening up to the covered front porch and with a back deck as well. The downstairs units also have a two-bedroom floor plan with living room, kitchen and full bathroom.
Two units are newly updated and two units are not.
Please respect tenants space.
Closed
$367,500
163 Telephone Exchange Rd, Hickory, NC 28601
2beds
3,002sqft
Quadruplex
Built in 1981
-- sqft lot
$370,800 Zestimate®
$122/sqft
$1,053 Estimated rent
Home value
$370,800
Estimated sales range
Not available
$1,053/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 29, 2025 at 12:26pm
Listing Provided by:
Sydney Freeman smfreeman523@gmail.com,
Shook & Tarlton Realty LLC
Bought with:
Stephanie Walker
Empire Dreams Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4167514
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Oven, Refrigerator
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 3,002
- Total interior livable area: 3,002 sqft
- Finished area above ground: 3,002
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Parking Space(s)
- Uncovered spaces: 8
Features
- Waterfront features: None
Lot
- Size: 0.47 Acres
- Features: Corner Lot
Details
- Parcel number: 0003941
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Water: City
Community & neighborhood
Community
- Community features: None
Location
- Region: Hickory
Other
Other facts
- Road surface type: Gravel, Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2024 | Sold | $367,500-0.7%$122/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4167514 | ||
| 8/8/2024 | Listed for sale | $370,000$123/sqft |
Source: Canopy MLS as distributed by MLS GRID #4167514 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $110 +2.5% | $15,494 |
| 2024 | $107 -2.8% | $15,494 |
| 2023 | $110 -5.8% | $15,494 +10% |
Find assessor info on the county website
Neighborhood: 28601
Nearby schools
GreatSchools rating
- 7/10Bethlehem ElementaryGrades: PK-5Distance: 0.9 mi
- 9/10West Alexander MiddleGrades: 6-8Distance: 3.3 mi
- 3/10Alexander Central HighGrades: 9-12Distance: 9 mi
Schools provided by the listing agent
- Elementary: Bethlehem
- Middle: West Alexander
- High: Alexander Central
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$370,800
2% more+ $7,416
With Zillow Showcase(estimated)
$378,216