INVESTMENT OPPORTUNITY IN ALEXANDER COUNTY! Rare opportunity to acquire an established 18-unit multifamily rental complex offering immediate income and long-term investment potential. Currently 100% occupied. Offered at $1,499,900, this income-producing property provides an excellent opportunity for investors looking to expand an existing rental portfolio or acquire a multifamily asset with established tenants and proven rental history.
The property consists of multiple residential buildings with 18 rental units conveniently located in one complex, allowing for efficient management and maintenance. Units feature private entrances, and many offer covered porches, decks, or balconies. Ample on-site parking is available for residents. Units are separately metered, an important feature for multifamily ownership and operating efficiency.
With 100% current occupancy, this property offers immediate rental income from day one. The concentration of 18 units in one location provides scale and management efficiency that can be difficult to find in smaller residential rental portfolios. Conveniently located in Alexander County with access to Taylorsville, Hickory, and surrounding employment, shopping, and service areas.
Whether you are a seasoned multifamily investor, looking to expand your rental holdings, or seeking an income-producing real estate opportunity, this 18-unit complex deserves consideration. Current rent roll and additional property information are available to qualified buyers. Buyer and buyer’s agent to verify all information important to the purchase and investment analysis.
PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.
51 days
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197
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14
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Zillow last checked:
Listing updated:
Listed by:
Marty Pennellmartypennell@gmail.com,
Weichert, Realtors - Team Metro
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4401086
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 16
Full bathrooms: 18
Heating
Ductless, Heat Pump
Cooling
Central Air
Appliances
Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry: Common Area, In Unit
Features
Has basement: No
Interior area
Total structure area: 4,677
Total interior livable area: 4,677 sqft
Finished area above ground: 4,677
Finished area below ground: 0
Property
Parking
Parking features: Parking Lot, Parking Space(s)
Lot
Size: 1.12 Acres
Features: Cleared, Level
Details
Parcel number: 3759 39 6837
Zoning: Comm Imp
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick Full
Foundation: Slab
Condition
New construction: No
Year built: 2007
Utilities & green energy
Sewer: Public Sewer
Water: City
Utilities for property: Cable Available, Electricity Connected
Community & HOA
Location
Region: Taylorsville
Financial & listing details
Price per square foot: $299/sqft
Tax assessed value: $654,344
Date on market: 7/6/2026
Cumulative days on market: 51 days
Tenant pays: All Utilities
Electric utility on property: Yes
Road surface type: Asphalt, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,217/mo
Price history
Date
Event
Price
8/6/2026
Price change
$1,399,900-6.7%$299/sqft
Source: Canopy MLS as distributed by MLS GRID #4401086Report a problem
7/8/2026
Listed for sale
$1,499,900$321/sqft
Source: Canopy MLS as distributed by MLS GRID #4401086Report a problem
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.