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1424-1430 Tangora Lane, Fayetteville, NC 28304 PENDING 1 of 24 1424-1430 Tangora Lane, Fayetteville, NC 28304 — photo 2 1424-1430 Tangora Lane, Fayetteville, NC 28304 — photo 3 1424-1430 Tangora Lane, Fayetteville, NC 28304 — photo 4 1424-1430 Tangora Lane, Fayetteville, NC 28304 — photo 5
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$350,000 Est. $2,412/mo — Get pre-qualified
0beds -baths -sq ft

1424-1430 Tangora Lane · Fayetteville, NC 28304

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1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 50% occupied and currently brings in $1,745 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner.Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return.With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a high-demand area.Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.

Features & Amenities

CoolingCentral Air
FlooringCarpet, Hardwood, Laminate, Luxury Vinyl, Tile, Vinyl
FireplaceNo
Interior FeaturesBathtub/Shower Combination, Ceiling Fan(s)
StyleQuadruplex
Year Built1986
StatusPending
SubdivisionCreeks Edge
CountyCumberland
Property TypeResidential Income
Property SubTypeQuadruplex
Last UpdatedSep 11, 2026
UtilitiesNatural Gas Not Available
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: LPT REALTY LLC; 912.580.1281

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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