3845 Raleigh Rd

Henderson, NC 27537

$550,000
Price
21
Beds
8,000 Sq. Ft.
$69 / Sq. Ft.
8,000
Sq. Ft.
$69
per Sq. Ft.
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New
New

Description

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 tenantsFantastic 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
  1. Listed by Maher Ahmed Ali • City & Village Realty LLC

Property Details for 3845 Raleigh Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 06/05/2026 06:56 PM

Property Details for 3845 Raleigh Road

StatusActive
MLS #10172250
Days on Market1
Taxes$3,413 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1948
Lot Size3.00 AC / 130,680 SF
CountyVance County
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Location

Listing Courtesy of City & Village Realty LLC
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Building Information for 3845 Raleigh Road

Stories-Residences9Year Built1948Building Size-Lot Size3.00 AC / 130,680 SF

Payment Calculator

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$3,025 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,741

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3845 Raleigh Road

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.27886
  • Longitude: -78.404887
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $3,413.05
  • City Limits YN: No
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Driveway
  • Attached Garage: No
  • Covered Spaces: 9.0
Property
Lot Information
  • Building Area Total: 8000.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0224 02011
  • Structure Type: House, Manufactured House, Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 22
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
  • Water_Sewer: Public, Septic Tank
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal Siding, Vinyl Siding
  • Foundation Details: Block, Raised
  • Pool Private: No
  • Roof: Metal, Shingle
  • New Construction Type: Metal Siding, Vinyl Siding, House, Manufactured House, Multi Family
Interior Features
  • Levels: One
  • Flooring: Hardwood, Vinyl
  • Cooling: Central Air, Wall Unit(s), Window Unit(s)
  • Cooling?: Yes
  • Heating: Forced Air, Heat Pump
  • Heating?: Yes
  • Interior: Driveway, Metal Siding, Vinyl Siding
  • Equipment: Driveway
Multi Family
Unit Information
  • Total Units: 9
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
Units Information
Unit One
  • Unit One: Actual Rent: 1100.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 3.0
  • Unit One: Dining Room: true
  • Unit One: Garage Attached YN: false
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
Unit Two
  • Unit Two: Actual Rent: 1000.0
  • Unit Two: Baths Total: 3.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Dining Room: true
  • Unit Two: Kitchen: true
  • Unit Two: Living Room: true
Unit Three
  • Unit Three: Actual Rent: 900.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 3.0
  • Unit Three: Dining Room: true
  • Unit Three: Kitchen: true
  • Unit Three: Range: true
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Actual Rent: 850.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Dining Room: true
  • Unit Four: Kitchen: true
  • Unit Four: Range: true

Property History for 3845 Raleigh Road

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Listed (Active)

TRIANGLEMLS #10172250

$550,000—
Nov 1, 2024

Sold (Public Record)

Public Record #1545747614

$365,000

+2.3% / yr

Jan 3, 2023

Sold (Public Record)

Public Record #1504107049

$350,000

+40.1% / yr

DateEvent & SourcePrice
06/05/2026

Listed (Active)

TRIANGLEMLS #10172250

$550,000
11/01/2024

Sold (Public Record)

Public Record #1545747614

$365,000

+2.3% / yr

01/03/2023

Sold (Public Record)

Public Record #1504107049

$350,000

+40.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3845 Raleigh Road

Taxable ValueLand$92,250Additions$314,656Total$406,906
Tax Record2025$3,413 ($284 / month)
Home Facts
Beds0Total Finished SqFt1,546 SqFtAbove Grade Finished SqFt1,546 SqFtLot Size130,680 SqFtStyleSingle Family ResidenceYear Built1948CountyVANCEAPN0224 02011Fireplace TypeHas Fireplace

Schools near 3845 Raleigh Road

This home is within Vance County School District.
Rating
School
Type
Grades
Distance
Zeb Vance Elementary School
Public - PK to 5
STEM Early High
Public - 6 to 8
Northern Vance High School
Public - 9 to 12
Vance Virtual Village Academy
Public - 6 to 12
Rating
School
Distance
Zeb Vance Elementary School
PublicPK to 5

STEM Early High
Public6 to 8

Northern Vance High School
Public9 to 12

Vance Virtual Village Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3845 Raleigh Road, Henderson, NC 27537

3845 Raleigh Road is a multi-family home for sale in Henderson, NC 27537. This property was listed for sale on June 5, 2026 by City & Village Realty LLC, it's currently listed at $550,000. It has been on the market for a total of 5 days and was last sold on November 1, 2024. This listing's school district is Vance County School District. Nearby schools include Zeb Vance Elementary School, STEM Early High and Northern Vance High School. 3845 Raleigh Road is a 21-bed, 12-bath, 8,000 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of City & Village Realty LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.