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3913 Ellison St

Hope Mills NC 28348

Duplex
Currently for sale - view listing

Overview

3913 & 3915 Ellison Street is a duplex featuring two 2-bedroom, 1-bath units, each offering a spacious kitchen and dedicated utility room. The property presents a strong upside opportunity for investors looking to add value through stabilization and rent optimization. Comparable duplexes with similar square footage and bedroom/bathroom counts have sold around $255,000, highlighting the potential equity opportunity. Market rents in the area support approximately $1,000 per unit, providing room for increased cash flow. Conveniently located just minutes from Hope Mills Lake, with close proximity to shopping, dining, and everyday amenities, this property benefits from a desirable rental location within a growing market. Ideal for investors seeking a value-add duplex with solid fundamentals and long-term upside.

Features

Duplex

Happy sellers in Hope Mills

92%
92% of sellers in Hope Mills reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Hope Mills over the last 12 months.

Local market activity for duplexes in Hope Mills

In the last 12 months, 2 duplexes similar to 3913 Ellison St, have been sold.

This represents a 100% decrease in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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