1424 Tangora Lane

Off Market

1424 Tangora Lane

Fayetteville NC 28304

Duplex

Last sold for $335,000

Nelson Padilla, last sold this property on 14 October 2026 after 279 days on market.

Overview

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

Duplex

Estimated Value

Based on this property and similar duplexes sold in Fayetteville over the last 12 months, the estimated median property value of 1424 Tangora Lane is $335k.

Median value

$335k

Estimated value range

$164k - $500k

Median days on market

Estimated value trend

27%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Fayetteville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1424 Tangora Lane

2026

Sold

$335,000

14 Oct 2026 by Nelson Padilla, of WHITE HOUSE INVESTMENT GROUP

2022

Rented

Undisclosed

11 Aug 2022 by SPOAT JACKSON & BROWNE LLC

2021

Sold

$215,000

12 Feb 2021 by WILLIAM WALKER, of BLACKTIE REALTORS

Happy sellers in Fayetteville

94%

94% of sellers in Fayetteville reported that their sale price either exceeded or met their price expectations.

Fayetteville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Fayetteville over the last 12 months.

Local market activity for duplexes in Fayetteville

In the last 12 months, 12 duplexes similar to 1424 Tangora Lane, have been sold.

This represents a 18% decrease in duplexes sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Fayetteville for a market analysis.

Ashley Schaus

at Keller Williams Pinehurst

(317 reviews)

Get a market analysis

JOSEPH MOUZON

(18 reviews)

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JENIFER MANTOUX

(9 reviews)

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JEFFELLYN CAMACHO

at ONNIT Realty Group

(63 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fayetteville

Ashley Schaus

Sellers who recommend Ashley Schaus have praised them for being local expert, clear communication, responsive, supportive, patient, stress-free process, and detail-oriented

5 (317 reviews)
3 Reviews in Fayetteville
4 Sales in Fayetteville

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JOSEPH MOUZON

JOSEPH MOUZON is an award winning recommended agent for Fayetteville. They have 3 local sales and collected 2 local reviews across the last 12 months.

5 (18 reviews)
2 Reviews in Fayetteville
3 Sales in Fayetteville

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JENIFER MANTOUX

JENIFER MANTOUX is a recommended agent for Fayetteville. They have 6 local sales and collected 1 local review across the last 12 months.

5 (9 reviews)
1 Review in Fayetteville
6 Sales in Fayetteville

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JEFFELLYN CAMACHO

Sellers who recommend JEFFELLYN CAMACHO have praised them for being local expert, responsive, clear communication, dedicated, well-prepared, proactive, and great negotiation