Active
21 beds8,000 sqft
3845 Raleigh Rd, Henderson, NC 27537
Est: $2,997/moGet pre-approved
Multi FamilyProperty Type
3 acresLot Size
1948Year Built
$66/sq ftPrice per sq ft
10 carsParking Spaces

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
104 days on Market
  • Listed by: Maher Ahmed Ali 252.915.1973 maher@1cvrealty.com Brokerage DRE #C40232 • City & Village Realty LLC
Last updated: 07/17/2026 10:34 PM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10172250

Location

Listing Courtesy of City & Village Realty LLC
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Payment Calculator

$2,997 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,713

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3845 Raleigh Road

Property Details
  • Taxes: $3,413 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Vance County
  • Subdivision: Not in a Subdivision
Building Information
  • Residences: 9
  • Year Built: 1948
  • Lot Size: 3.00 AC / 130,680 SF
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
  • Has City Limits: No
  • Lot Number: 1
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2026-06-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
Parking
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Covered Spaces: 9.0
Property
Lot Information
  • Building Area Total: 8000.0
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 0224 02011
  • Structure Type: House, Multi Family, Manufactured House
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal Siding, Vinyl Siding
  • Foundation Details: Block, Raised
  • Roof: Metal, Shingle
  • New Construction Type: House, Multi Family, Manufactured House, Metal Siding, Vinyl Siding
Interior Features
  • Levels: One
  • Flooring: Hardwood, Vinyl
  • Cooling: Central Air, Window Unit(s), Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Total Units: 9
Unit Information
Unit 1
  • Baths Total: 2.0
  • Actual Rent: $1,100.00
  • Beds Total: 3.0
  • Levels: One
  • Has Garage Attached: No
  • Features: Dining Room, Kitchen, Living Room, Range, Refrigerator
Unit 2
  • Baths Total: 3.0
  • Actual Rent: $1,000.00
  • Beds Total: 2.0
  • Features: Dining Room, Kitchen, Living Room
Unit 3
  • Baths Total: 2.0
  • Actual Rent: $900.00
  • Beds Total: 3.0
  • Features: Dining Room, Kitchen, Range, Washer/Dryer Hookups
Unit 4
  • Baths Total: 1.0
  • Actual Rent: $850.00
  • Beds Total: 2.0
  • Features: Dining Room, Kitchen, Range
Rental
Rental Information
  • Lease Term: Month To Month

Property History for 3845 Raleigh Road

DateEvent & SourcePriceAppreciation
Jul 7, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10172250

$525,000
Jun 5, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10172250

$550,000
Nov 1, 2024

Sold (Public Record)

Public Record #1545747614

$365,000

+2.3% / yr

DateEvent & SourcePrice
07/07/2026

Price Change

Doorify MLS (fka Triangle MLS) #10172250

$525,000
06/05/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10172250

$550,000
11/01/2024

Sold (Public Record)

Public Record #1545747614

$365,000

+2.3% / 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$223,012Total$315,262
Tax Record2026$2,531 ($211 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,546 SqFtAbove Grade Finished SqFt1,546 SqFtUnfinished Basement SqFt1,332 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1948ZoningRMHCCountyVANCEAPN0224 02011

Schools near 3845 Raleigh Road

This home is within Vance County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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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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 $525,000. It has been on the market for a total of 104 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.