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For sale
  • Price cut: $25.1K (8/19)
    $129,900

    816 Commerce St, Fayetteville, NC 28305

    3beds
    938sqft
    : 
    $831/mo
    Get pre-qualified
    Single Family Residence
    Built in 1976
    -- sqft lot
    $126,600 Zestimate®
    $138/sqft
    $-- HOA

    What's special

    $129,900 + INCOME-PRODUCING OPPORTUNITY! Whether you're looking to add a solid rental property to your investment portfolio or searching for a well-maintained 3-bedroom home, this one deserves a look! This 3-bedroom, 1-bath home has been well cared for and features several major updates completed within the last three years, including new flooring throughout, a new HVAC system, new stove, and new refrigerator—giving buyers peace of mind on some of the home's most important components. For investors, here's an added bonus: the property is already tenant occupied with a long-term tenant who has called this home for nearly 20 years! The current lease runs through May 12, 2027, offering the opportunity to purchase an established rental property with a tenant already in place. Conveniently priced at $129,900, this could be a great addition to an existing rental portfolio or an opportunity for someone looking to begin investing in real estate. Investor-friendly features include: 3 bedrooms / 1 full bath Long-term tenant in place Lease through May 12, 2027 New HVAC within the last 3 years New flooring throughout within the last 3 years New stove and refrigerator within the last 3 years Well-maintained property Rental ledger available in TransactionDesk with disclosures PLEASE DO NOT DISTURB TENANT. All showings are by appointment only and require a minimum of 24-hour notice. No Sunday showings will be approved.
    69 days
    135
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    AMY REYNOLDS,

    ACE REAL ESTATE

    Source: LPRMLS,MLS#: 764424MLS LogoOriginating MLS: Longleaf Pine Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat Pump
      Features
      • Primary Downstairs
      • Flooring: Laminate, Vinyl
      • Basement: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total interior livable area: 938 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Features: < 1/4 Acre
      Details
      • Parcel number: 0437020630.000
      • Zoning description: MR5 - Mixed Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • Good Condition
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Fayetteville
      HOA
      • Has HOA: No
      Location
      • Region: Fayetteville

      Financial & listing details

      • Price per square foot: $138/sqft
      • Tax assessed value: $155,500
      • Annual tax amount: $1,964
      • Date on market: 6/24/2026
      • Cumulative days on market: 70 days
      • Listing terms: New Loan
      • Inclusions: Kitchen appliances that do not belong to tenant
      • Exclusions: None
      • Ownership: More than a year

        Estimated market value

        $126,600

        $120,000 - $133,000

        $1,452/mo

        Price history

        DateEventPrice
        8/19/2026Price change$129,900-16.2%$138/sqft
        Source: LPRMLS #764424 Report a problem
        6/24/2026Listed for sale$155,000+675%$165/sqft
        Source: LPRMLS #764424 Report a problem
        5/10/1995Sold$20,000$21/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,964 +92.6%$155,500 +303.9%
        2024$1,020 +7.9%$38,500
        2023$945 +10.8%$38,500
        2022$853 $38,500
        2021$853 $38,500 -14.4%
        2020-- $44,954 +16.8%
        2019$818 $38,500
        2018$818 $38,500
        2017$818 +9.9%$38,500 -21.4%
        2016$744 +0.9%$49,000
        2015$738 +1%$49,000
        2014$731 +3.2%$49,000
        2013$708 $49,000
        2012$708 $49,000
        2011$708 $49,000
        2010-- $49,000
        2009-- $49,000 +2.1%
        2008-- $48,000
        2007-- $48,000
        2006-- $48,000
        2005-- --
        2004-- $48,000 -13.7%
        2003-- $55,600 +26.5%
        2002-- $43,953
        2001-- $43,953
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28305

        Getting around

        36 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Max Abbott Middle School
        • High: Terry Sanford Senior High

        Source: LPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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