Sold for $382,000

$382,000

402 W 5th Ave, Raeford, NC 28376

--beds

0baths

3,792sqft

Quadruplex, Multi Family, Apartment

Built in 1950

-- sqft lot

$-- Zestimate^®

$101/sqft

$1,052 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,052/mo

Zestimate^® history

Owner options

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$1,052/mo

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$1,052/mo

Rent Zestimate^®

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$2,271/mo

Est. payment

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$2,271/mo

Est. payment

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What's special

Welcome to Raeford Heights. Your new investment at 402 West 5th Avenue in Raeford. This multi-family property offers four units, each featuring two bedrooms and one bathroom. All four units are renovated and three of the four are rented. Stunning original hardwood floors throughout the main living areas and as a bonus on the property, you will have plenty of shed space for storage. Once you see the endless possibilities that this property has to offer, you will be sold. Location just blocks away from downtown Raeford and the historic charm of the town. Schedule your showing today.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Zoned

Cooling

Electric

Features

Ceiling Fan(s), Window Treatments
Flooring: Hardwood
Windows: Blinds

Interior area

Total interior livable area: 3,792 sqft

Property

Features

Exterior features: Storage, Shed

Details

Additional structures: Shed(s)
Parcel number: 694340501018
Special conditions: Standard

Construction

Type & style

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

Condition

Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Raeford

Location

Region: Raeford

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $219,690
Annual tax amount: $1,604
Date on market: 10/29/2024
Cumulative days on market: 53 days
Ownership: More than a year

Price history

Date	Event	Price
4/2/2026	Listing removed	--
Source: Owner Report a problem
2/3/2026	Listed for sale	$700,000+83.2%$185/sqft
Source: Owner Report a problem
2/18/2025	Sold	$382,000-2.1%$101/sqft
Source: LPRMLS #734120 Report a problem
12/21/2024	Pending sale	$390,000$103/sqft
Source: LPRMLS #734120 Report a problem
11/21/2024	Price change	$390,000-2.5%$103/sqft
Source: LPRMLS #734120 Report a problem
10/29/2024	Listed for sale	$399,999+66.7%$105/sqft
Source: LPRMLS #734120 Report a problem
5/4/2022	Sold	$240,000+60%$63/sqft
Source: Public Record Report a problem
11/2/2007	Sold	$150,000$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,604	$219,690
2024	$1,604	$219,690
2023	$1,604	$219,690
2022	$1,604 +35.2%	$219,690 +38.9%
2021	$1,186	$158,140
2020	$1,186	$158,140
2019	$1,186 +2%	$158,140
2018	$1,162	$158,140
2017	$1,162	$158,140
2016	$1,162	$158,140
2015	$1,162	$158,140
2014	$1,162 +0.7%	$158,140 +32.7%
2013	$1,154	$119,200
2011	--	$119,200
2010	--	$119,200