Fayetteville Real Estate | Fayetteville Multi-Family Homes for Sale

Unique investment opportunity featuring two detached single-family residences on one parcel and conveyed under a single Parcel ID. This legal nonconforming, income-producing asset includes a survey on file and overlooks Downtown Fayetteville, with walkable access to the bus station, train station, Hay Street, restaurants, entertainment, and downtown events. Positioned as an investment acquisition rather than a traditional owner-occupied residence, the property offers continued rental-income and long-term appreciation potential. Cash offers are preferred; conventional financing may be considered. FHA and VA financing will not be considered. Buyers are responsible for independently verifying zoning, legal nonconforming status, permitted use, property condition, and financing eligibility.

224 Fountainhead, Fayetteville

$225,000

768897 MLS

Fantastic ranch style duplex with great location close to downtown and Cape Fear Valley Hospital. On quite street and nearly surrounded with high quality new construction duplexes new construction . Separate utilities, low maintenance, and great curb appeal. 3 bedrooms each in each unit a rare feature not often found at such an attractive price. Owner occupant will need to vacate.

510 Orlando#B Street, Fayetteville

$500,000

768770 MLS

Excellent investment opportunity featuring 4-unit buildings within a 6-building portfolio. Each building consists of four 1-bedroom, 1-bath units. All units are currently leased with 100% occupancy. Units offer spacious kitchens with granite countertops, tile backsplashes, and newer appliances. Each unit also includes washer and dryer hookups. Well-maintained property with consistent rental history. GREAT LOCATION! These buildings may be purchased individually or as part of the full 6-building portfolio totaling 24 units.

900-906 Miller Avenue, Fayetteville

$500,000

768768 MLS

Excellent investment opportunity featuring 4-unit buildings within a 6-building portfolio. Each building consists of four 1-bedroom, 1-bath units. All units are currently leased with 100% occupancy. Units offer spacious kitchens with granite countertops, tile backsplashes, and newer appliances. Each unit also includes washer and dryer hookups. Well-maintained property with consistent rental history. GREAT LOCATION! These buildings may be purchased individually or as part of the full 6-building portfolio totaling 24 units.

712-718 Miller Avenue, Fayetteville

$225,000

768195 MLS

Fayetteville Duplex – Income-Producing Investment! Both units are currently occupied, making this a great opportunity for an investor seeking an established rental property. Situated on a spacious lot with mature trees and a large front yard, this property offers character, privacy, and potential. Convenient Fayetteville location near shopping, dining, schools, employment, and major roadways.

2614 Pecan Drive, Fayetteville

$220,000

767878 MLS

Excellent investment opportunity featuring four duplexes located at 417, 421, 425 and 429 Squirrel Street, offering a total of 8 rental units. Conveniently located just off Bragg Boulevard, along the bus line and near shopping, groceries and everyday conveniences. Each unit offers approximately 780 square feet of living space The properties have seen improvements over time, including newer roofs and flooring in most units. All four duplexes are being offered together as one portfolio and will be sold AS IS. A strong opportunity for an investor looking to acquire eight rental units in one location with established rental income and convenient access to Fayetteville amenities. Buyer to verify square footage, property condition, rental information and all other pertinent details. Select units are currently vacant. Please inquire for current occupancy status and availability by unit.

421 Squirrel Street, Fayetteville

$220,000

767869 MLS

Excellent investment opportunity featuring four duplexes located at 417, 421, 425 and 429 Squirrel Street, offering a total of 8 rental units. Conveniently located just off Bragg Boulevard, along the bus line and near shopping, groceries and everyday conveniences. Each unit offers approximately 780 square feet of living space The properties have seen improvements over time, including newer roofs and flooring in most units. All four duplexes are being offered together as one portfolio and will be sold AS IS. A strong opportunity for an investor looking to acquire eight rental units in one location with established rental income and convenient access to Fayetteville amenities. Buyer to verify square footage, property condition, rental information and all other pertinent details. Select units are currently vacant. Please inquire for current occupancy status and availability by unit.

425 Squirrel Street, Fayetteville

$220,000

767868 MLS

Excellent investment opportunity featuring four duplexes located at 417, 421, 425 and 429 Squirrel Street, offering a total of 8 rental units. Conveniently located just off Bragg Boulevard, along the bus line and near shopping, groceries and everyday conveniences. Each unit offers approximately 780 square feet of living space The properties have seen improvements over time, including newer roofs and flooring in most units. All four duplexes are being offered together as one portfolio and will be sold AS IS. A strong opportunity for an investor looking to acquire eight rental units in one location with established rental income and convenient access to Fayetteville amenities. Buyer to verify square footage, property condition, rental information and all other pertinent details. Select units are currently vacant. Please inquire for current occupancy status and availability by unit.

417 Squirrel Street, Fayetteville

$300,000

767595 MLS

5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is currently 75% occupied and generating $2,240 in gross monthly income, with rents below market, providing immediate upside. Conveniently located just off Raeford Road, this property offers quick access throughout Fayetteville, making it attractive to tenants and investors alike. With projected rents of $950 per unit, and assuming 20% down, an 18% expense ratio (vacancy, capex, property management), plus monthly HOA fees, the projected net cash flow is approximately $619 per month, or $7,430.88 annually, representing an estimated 11% cash-on-cash return. This asset presents a strong pro forma with room for value creation, whether through rent increases or stabilization to full occupancy. An excellent option for investors looking to expand their portfolio or acquire a turn-key multifamily asset in a high-demand location. Financial projections are based on current market conditions and seller/broker analysis. Actual results may vary depending on financing terms, operating expenses, turnover, and management practices.

5801-5807 Aftonshire Drive, Fayetteville

$275,000

767143 MLS

Investment Opportunity in the Heart of Haymount! Don’t miss out on this opportunity to own a duplex in the heart of Haymount!!!Located at 509 & 511 Martine Road in one of Fayetteville’s most desirable and established neighborhoods. This income-producing multi-family property offers 2 bedrooms and 1 bathroom in each unit, with approximately 1,624 square feet of total living space, making it an excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Nestled in the sought-after Haymount community, this property is just minutes from Historic Downtown Fayetteville, offering convenient access to local restaurants, coffee shops, boutiques, entertainment, and nightlife. Enjoy nearby favorites such as Haymount Truck Stop, Latitude 35 Bar & Grill, and the many dining and shopping options in Downtown Fayetteville. Outdoor enthusiasts will appreciate the close proximity to Mazarick Park, Festival Park, and North Carolina Veterans Park, providing walking trails, playgrounds, community events, and recreational opportunities. The property is also conveniently located near the Cape Fear Regional Theatre, hospitals, Fayetteville State University, major employers, and Fort Bragg, making it highly attractive to both long-term tenants and military renters. Haymount is known for its tree-lined streets, historic charm, strong sense of community, and walkable atmosphere, consistently making it one of Fayetteville’s most desirable places to live. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex presents exceptional potential in a prime location. Requires 24 hours of notice for showing.

509 Martine Road, Fayetteville

$480,000

765609 MLS

5plex - 5 rental units as a single family and 2 duplexes. Fully rennovated in 2024 - 2025, turn key. Tenants in place and professionally managed. NOI 38k/yr. Close to Fort Bragg, Amazon Distribution Center and other key jobsites with easy access to I295 and Skibo.

213-219 Andy Street, Fayetteville

$117,500

766766 MLS

INVESTOR OPPORTUNITY in Fayetteville, NC! 219 Colonial Drive is a duplex offering two 2 bedroom, 1 bathroom units, each with 700+ square feet — a rare fix & flip or BRRRR opportunity in one of the region’s most sought-after multifamily submarkets. Fix & Flip Investors: Projected ARV of $245,000 with a strong resale exit driven by the shortage of renovated duplex inventory in the Fayetteville MSA. BRRRR Investors: Complete the renovation, place tenants, refinance out, and hold a fully updated, cash-flowing multifamily asset with zero deferred maintenance. Whether you’re scaling a rental portfolio, executing your first multifamily flip, or looking for a value-add opportunity with dual exit strategies — this property checks every box. Located in Fayetteville with easy access to Fort Bragg, Skibo Road amenities, and major commuter routes. Cash, hard money, and private money offers welcome. Active investors move fast on renovated multifamily potential — don’t miss this one! Can be sold in a package deal with 213 Colonial Drive.

219 Colonial Drive, Fayetteville

$117,500

766688 MLS

INVESTOR OPPORTUNITY in Fayetteville, NC! 213 Colonial Drive is a duplex offering two 2 bedroom, 1 bathroom units, each with 700+ square feet — a rare fix & flip or BRRRR opportunity in one of the region’s most sought-after multifamily submarkets. Fix & Flip Investors: Projected ARV of $245,000 with a strong resale exit driven by the shortage of renovated duplex inventory in the Fayetteville MSA. BRRRR Investors: Complete the renovation, place tenants, refinance out, and hold a fully updated, cash-flowing multifamily asset with zero deferred maintenance. Whether you’re scaling a rental portfolio, executing your first multifamily flip, or looking for a value-add opportunity with dual exit strategies — this property checks every box. Located in Fayetteville with easy access to Fort Bragg, Skibo Road amenities, and major commuter routes. Cash, hard money, and private money offers welcome. Active investors move fast on renovated multifamily potential — don’t miss this one! Can be sold as a package deal with 213 Colonial Drive.

213 Colonial Drive, Fayetteville

$199,900

766652 MLS

Newly remodeled two bedroom, one bath duplex. New LVP throughout. Coming into the front door, two bedrooms are on the right hand side and a bathroom is straight ahead. The living room is towards the left with the door to the kitchen on the back side wall. Kitchen is newly remodeled with new counter tops, painted cabinets, stainless steel stove and a black refrigerator. The W/D connection is in the large eat in kitchen. Unit A is currently on the rental market for $975. Unit B is rented for $950. The upgrades in unit B are the same as unit A. Only Unit A is available for viewing. Unit B is virtually the same. We will make arrangements with the tenant once we have an accepted offer.

814 Varsity Drive Unit A-B, Fayetteville

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