$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.
For sale
Price cut: $25.1K (8/19)
$129,900
816 Commerce St, Fayetteville, NC 28305
3beds
938sqft
Single Family Residence
Built in 1976
-- sqft lot
$126,600 Zestimate®
$138/sqft
$-- HOA
What's special
- 69 days
- 135
- 12
Zillow last checked:
Listing updated:
Listed by:
AMY REYNOLDS,
ACE REAL ESTATE
Source: LPRMLS,MLS#: 764424
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $129,900-16.2%$138/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $155,000+675%$165/sqft |
Source: | ||
| 5/10/1995 | Sold | $20,000$21/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 28305
Nearby schools
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.





