Fantastic investment opportunity: a 9-unit rental portfolio with over 10% cap rate with potential to increase, consisting of a 3 bedroom 2 baths 1500 sqft house, 2 doublewide mobile homes, and 6 single wide homes. Long-term tenants are willing to stay. It has county water and is only a 30-minute drive to Raleigh. Please do not disturp tenants
For sale
Price cut: $25K (7/7)
$525,000
3845 Raleigh Rd, Henderson, NC 27537
10beds
8,000sqft
Quadruplex
Built in 1948
-- sqft lot
$488,100 Zestimate®
$66/sqft
$-- HOA
What's special
- 92 days
- 608
- 41
Zillow last checked:
Listing updated:
Listed by:
Maher Ahmed Ali 252-915-1973,
City & Village Realty LLC
Source: Doorify MLS,MLS#: 10172250
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 12
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Window Unit(s), Wall Unit(s)
Features
- Flooring: Hardwood, Vinyl
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
- Finished area above ground: 8,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Driveway
- Covered spaces: 9
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 3 Acres
Details
- Parcel number: 0224 02011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Metal Siding, Vinyl Siding
- Foundation: Block, Raised
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Henderson
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $406,906
- Annual tax amount: $3,413
- Date on market: 6/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Lease term: Month To Month
Estimated market value
$488,100
$464,000 - $513,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $525,000-4.5%$66/sqft |
Source:  Doorify MLS #10172250 Report a problem | ||
| 6/5/2026 | Listed for sale | $550,000+50.7%$69/sqft |
Source: Doorify MLS #10172250 Report a problem | ||
| 11/4/2024 | Sold | $365,000+4.3%$46/sqft |
Source: Public Record Report a problem | ||
| 1/3/2023 | Sold | $350,000-6.7%$44/sqft |
Source: Public Record Report a problem | ||
| 1/3/2023 | Pending sale | $375,000$47/sqft |
Source:  RE/MAX International #2469409 Report a problem | ||
| 1/3/2023 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 11/29/2022 | Pending sale | $375,000$47/sqft |
Source: Doorify MLS #2469409 Report a problem | ||
| 10/20/2022 | Price change | $375,000-3.8%$47/sqft |
Source: Doorify MLS #2469409 Report a problem | ||
| 9/26/2022 | Price change | $390,000-2.5%$49/sqft |
Source: Doorify MLS #2469409 Report a problem | ||
| 8/18/2022 | Listed for sale | $400,000+116.2%$50/sqft |
Source: Doorify MLS #2469409 Report a problem | ||
| 2/12/2021 | Sold | $185,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,413 +38.3% | $315,262 |
| 2024 | $2,468 +46.3% | $315,262 +97% |
| 2023 | $1,687 | $160,062 |
| 2022 | $1,687 -40.9% | $160,062 |
| 2021 | $2,854 +7.9% | $160,062 +14.1% |
| 2020 | $2,645 +1.3% | $140,319 |
| 2019 | $2,611 +1.1% | $140,319 |
| 2018 | $2,582 +3.4% | $140,319 |
| 2017 | $2,498 +78.2% | $140,319 +1.1% |
| 2016 | $1,402 | $138,819 -23.7% |
| 2015 | $1,402 -13.4% | $181,960 0% |
| 2014 | $1,619 | $181,961 |
Find assessor info on the county website
Monthly payment
Est. payment
