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Sold for $415,000
  • $415,000

    100 Madrid Ct, Garner, NC 27529

    6beds
    2,388sqft
    Duplex
    Built in 1981
    -- sqft lot
    $414,800 Zestimate®
    $174/sqft
    $1,746 Estimated rent

    Home value

    $414,800

    $394,000 - $436,000

    $1,746/mo

    Zestimate® history
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    What's special

    Comfortable living spacesSpacious corner lotCentral air
    Investors, take note! Fully Rented Turnkey Duplex on Corner Lot - No HOA Fees & Immediate Cash Flow! Welcome to 100 Madrid Court, a rare, fully occupied income-generating duplex perfectly positioned on a spacious corner lot in the heart of Garner. This property gives you 100% control over your investment with maximum bottom-line profitability. This low-maintenance two-family property offers immediate cash flow from day one with established tenants already in place. Each side features a functional layout designed for long-term tenant retention, complete with 3 bedrooms each unit, 1.5 baths, comfortable living spaces, fully equipped kitchens (including refrigerator, range, and dishwasher), central air, dedicated washer/dryer hookups. Roof was done in 2020. LVP throughout 1st floor of both units. HVAC around 5 years. The exterior features a sizable 0.29-acre spacious fenced in lot. Tenants pay their own separate utilities (water, sewer, and electric) and yard maintainess. The location offers unbeatable tenant appeal and convenience. Situated just off Timber Drive and Aversboro Road, residents are less than a half-mile walk from everyday essentials like Lowes Foods and ALDI. The property sits minutes from the premier dining and retail at Garner Towne Square, and offers a seamless drive straight down Timber Drive to the massive White Oak Crossing retail center. With immediate access to US-70 and I-40 for a quick commute into downtown Raleigh, this high-demand Wake County location guarantees a strong, consistent tenant pool.

    Zillow last checked:

    Listing updated:

    Listed by:

    CC Bennett 919-924-5555,

    CHK Realty

    Bought with:

    Terry Garrison, 63385

    Tegarris Assoc. Realty

    Source: Doorify MLS,MLS#: 10172157MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 30
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Range, Refrigerator, Range Hood
    Features
    • Laminate Counters
    • Flooring: Carpet, Laminate, Luxury Vinyl
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,388
    • Total interior livable area: 2,388 sqft
    • Finished area above ground: 2,388
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Parking Pad
    • Uncovered spaces: 4
    Features
    • Levels: Multi/Split,One
    • Stories: 1
    • Exterior features: Rain Gutters
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 171014340814000 0097391
    • Zoning: MF-A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Frame, Vertical Siding
    • Foundation: None
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Heather Hill Villas
    HOA
    • Has HOA: No
    Location
    • Region: Garner

    Financial & listing details

    • Price per square foot: $174/sqft
    • Tax assessed value: $341,826
    • Annual tax amount: $3,585
    • Date on market: 6/5/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Lease term: Month To Month

    Price history

    DateEventPrice
    10/9/2026Sold$415,000-1.2%$174/sqft
    Source: Doorify MLS #10172157 Report a problem
    7/28/2026Pending sale$419,900$176/sqft
    Source: Doorify MLS #10172157 Report a problem
    6/5/2026Listed for sale$419,900+107.4%$176/sqft
    Source: Doorify MLS #10172157 Report a problem
    6/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/19/2023Listed for rent$1,550+58.2%$1/sqft
    Source: Zillow Rentals Report a problem
    4/9/2020Listing removed$980
    Source: P.T. Realty LLC #2310980 Report a problem
    3/31/2020Listed for rent$980+6.5%
    Source: P.T. Realty LLC #2310980 Report a problem
    3/6/2019Listing removed$920
    Source: P.T. Realty LLC #2237417 Report a problem
    2/17/2019Listed for rent$920
    Source: P.T. Realty LLC #2237417 Report a problem
    5/12/2017Sold$202,500+16.4%$85/sqft
    Source: Public Record Report a problem
    11/10/2005Sold$174,000$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,585 +0.3%$341,826
    2024$3,573 +33.8%$341,826 +66.9%
    2023$2,670 +9.4%$204,812
    2022$2,440 +5.3%$204,812
    2021$2,318 +1.3%$204,812
    2020$2,287 +0.4%$204,812 +17.3%
    2019$2,277 $174,652
    2018$2,277 +11.4%$174,652
    2017$2,044 +1.3%$174,652
    2016$2,019 -3.7%$174,652 -3.8%
    2015$2,096 +4.9%$181,614
    2014$1,998 $181,614
    2013-- $181,614
    2012-- $181,614
    2011-- $181,614
    2010-- $181,614
    2009-- $181,614
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 27529

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Aversboro Elementary
    • Middle: Wake - East Garner Middle
    • High: Wake - Garner High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $414,800

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $414,800