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Sold for $60,000
  • $60,000

    1300 Railroad St, Henderson, NC 27536

    3beds
    1,179sqft
    Single Family Residence, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $51/sqft
    $867 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $867/mo

    Zestimate® history
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    What's special

    Huge Price Reduction! Now $85,900 with a 6.4% Cap Rate! Outstanding investment opportunity in Henderson! This 3 Bedroom, 1 Bath home has been tenant-occupied since 2010, offering over a decade of consistent rental history and proven cash flow. With the price reduced from $129,900 to just $85,900, the property now achieves a 6.4% cap rate, making it an attractive option for investors seeking steady returns at an affordable entry point. Currently generating $595/month on a month-to-month lease, this home provides immediate income with the flexibility to adjust rents or pursue value-add improvements to unlock additional upside. Offering 1,179 sq. ft. of living space, the property balances affordability with long-term potential, making it well-suited for both new and experienced investors. With reliable tenancy, strong rental demand, and a significantly improved cap rate at the new price, this property represents one of the best value opportunities in today's market. Contact Jessica today for additional financials and showing availability.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Taylor Landes 919-524-4152,

    Taylor Realty & Investment Grp

    Bought with:

    Eva Angelina Romero Guzman, 336879

    The Ocean Group

    Source: Doorify MLS,MLS#: 10127313MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Floor Furnace
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Carpet, Vinyl
    Interior area
    • Total structure area: 1,179
    • Total interior livable area: 1,179 sqft
    • Finished area above ground: 1,179
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 005101007
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Single Family Residence, Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Henderson

    Financial & listing details

    • Price per square foot: $51/sqft
    • Tax assessed value: $45,833
    • Annual tax amount: $367
    • Date on market: 10/12/2025
    • Lease term: Month To Month

    Price history

    DateEventPrice
    2/3/2026Sold$60,000-19.5%$51/sqft
    Source: Doorify MLS #10127313 Report a problem
    12/19/2025Pending sale$74,500$63/sqft
    Source: Doorify MLS #10127313 Report a problem
    12/16/2025Price change$74,500-0.5%$63/sqft
    Source: Doorify MLS #10127313 Report a problem
    11/11/2025Price change$74,900-12.8%$64/sqft
    Source: Doorify MLS #10127313 Report a problem
    10/12/2025Listed for sale$85,900$73/sqft
    Source: Doorify MLS #10127313 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$514 +43.2%$45,833
    2024$359 +12.4%$45,833 +125.2%
    2023$319 $20,354
    2022$319 $20,354
    2021$319 +0.9%$20,354
    2020$316 +1.6%$20,354
    2019$311 +1.7%$20,354
    2018$306 +3.8%$20,354
    2017$295 $20,354
    2016$295 $20,354 +0.4%
    2015$295 +7.8%$20,270 0%
    2014$274 $20,272
    Find assessor info on the county website

    Neighborhood: 27536

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Vance - Pinkston Street
    • Middle: Vance - Vance County
    • High: Vance - Vance County

    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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