For sale

$550,000

3845 Raleigh Rd, Henderson, NC 27537

21beds

8,000sqft

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Quadruplex, Multi Family, Manufactured Home

Built in 1948

-- sqft lot

$541,000 Zestimate^®

$69/sqft

$-- HOA

What's special

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 tenants

7 days

619

35

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 21
Bathrooms: 12
Full bathrooms: 12

Heating

Forced Air, Heat Pump

Cooling

Central Air, Wall Unit(s), Window Unit(s)

Features

Flooring: Hardwood, Vinyl

Interior area

Total structure area: 8,000
Total interior livable area: 8,000 sqft
Finished area above ground: 8,000
Finished area below ground: 0

Property

Parking

Total spaces: 10
Parking features: Driveway
Covered spaces: 9
Uncovered spaces: 1

Features

Levels: One
Stories: 1
Has view: Yes

Lot

Size: 3 Acres

Details

Parcel number: 0224 02011
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Manufactured Home

Materials

Metal Siding, Vinyl Siding
Foundation: Block, Raised
Roof: Metal, Shingle

Condition

New construction: No
Year built: 1948

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Henderson

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $315,262
Annual tax amount: $3,413
Date on market: 6/5/2026
Lease term: Month To Month

Estimated market value

$541,000

$514,000 - $568,000

$1,015/mo

Price history

Date	Event	Price
6/5/2026	Listed for sale	$550,000+50.7%$69/sqft
Source: Doorify MLS #10172250 Report a problem
11/4/2024	Sold	$365,000+4.3%$46/sqft
Source: Public Record Report a problem
1/3/2023	Sold	$350,000-6.7%$44/sqft
Source: Doorify MLS #2469409 Report a problem
1/3/2023	Pending sale	$375,000$47/sqft
Source: RE/MAX International #2469409 Report a problem
1/3/2023	Listing removed	--
Source: RE/MAX International Report a problem
11/29/2022	Pending sale	$375,000$47/sqft
Source: Doorify MLS #2469409 Report a problem
10/20/2022	Price change	$375,000-3.8%$47/sqft
Source: Doorify MLS #2469409 Report a problem
9/26/2022	Price change	$390,000-2.5%$49/sqft
Source: Doorify MLS #2469409 Report a problem
8/18/2022	Listed for sale	$400,000+116.2%$50/sqft
Source: Doorify MLS #2469409 Report a problem
2/12/2021	Sold	$185,000$23/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,413 +38.3%	$315,262
2024	$2,468 +46.3%	$315,262 +97%
2023	$1,687	$160,062
2022	$1,687 -40.9%	$160,062
2021	$2,854 +7.9%	$160,062 +14.1%
2020	$2,645 +1.3%	$140,319
2019	$2,611 +1.1%	$140,319
2018	$2,582 +3.4%	$140,319
2017	$2,498 +78.2%	$140,319 +1.1%
2016	$1,402	$138,819 -23.7%
2015	$1,402 -13.4%	$181,960 0%
2014	$1,619	$181,961

Find assessor info on the county website

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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.

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