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For sale
  • $419,900

    100 Madrid Ct, Garner, NC 27529

    6beds
    2,388sqft
    : 
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    Duplex, Multi Family
    Built in 1981
    -- sqft lot
    $407,600 Zestimate®
    $176/sqft
    $-- HOA

    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.
    38 days
    |
    764
    |
    41
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    CC Bennett 919-924-5555,

    CHK Realty

    Source: Doorify MLS,MLS#: 10172157MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
      Features
      • Laminate Counters
      • Flooring: Carpet, Laminate, 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
      • Has view: Yes
      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, Multi Family
      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: $176/sqft
      • Tax assessed value: $341,826
      • Annual tax amount: $3,585
      • Date on market: 6/5/2026
      • Lease term: Month To Month

        Estimated market value

        $407,600

        $387,000 - $428,000

        $1,639/mo

        Price history

        DateEventPrice
        6/5/2026Listed for sale$419,900+107.5%$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$202,400+16.3%$85/sqft
        Source: Doorify MLS #2111784 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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27529

        Getting around

        51 / 100
        Somewhat Walkable
        37 / 100
        Somewhat Bikeable

        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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