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210 Colonial Drive Fayetteville, NC $ 1,600,000
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$ 1,600,000 Get more info
210 Colonial Drive
$ 1,600,000
Back to search
Share Save

210 Colonial Drive

Fayetteville, NC, 28301
$ 1,600,000
Bedrooms36 Baths21.0 Sq 14,000

Monthly Estimate*

$ 11,051

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Multi-Family Home for sale in Fayetteville, NC

for $1,600,000 with 36 bedrooms and 21 full baths. This 14,000 square foot home was built in 1970 on a lot size of 1.7.

24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only unit (#16/ #15) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300,000 in renovations were done in past couple years!

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

36

Full Bath

21

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

1.7

Year Built

1970

Town/City

Fayetteville

County/Region

Cumberland

MLS | Web ID

10186622
Features
General
Sewer Public Sewer
Heating None
Cooling Ceiling Fan(s) Central Air Electric
Utilities Water Available
Roof Architectural Shingle
Appliances Electric Range Free-Standing Electric Range Free-Standing Range Free-Standing Refrigerator Range Range Hood Refrigerator
Zoning MR5
Architectural Style Contemporary
Construction Materials Brick Brick Veneer
Year Built 1970
Levels Three Or More
Property Subtype Apartment
County Cumberland
New Construction false
Property Type Residential Income
Association Amenities Parking
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Full Baths 21
Status Active
City Fayetteville
Open Parking Spaces 42
Lot Size Units Acres
Lot Size Square Feet 74052
Tax Annual Amount 489
Ok to Lease 12 Months
Structure Type Multi Family
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) Laminate Counters Open Floorplan
Flooring Concrete Laminate Vinyl
Air Conditioning Y/N true
Heating Y/N false
Above Grade Finished Area 14000
Half Baths 0
Total Bedrooms 36
Below Grade Finished Area 0
Total Baths 21
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Exterior
Parking Features Asphalt Open Parking Lot Unassigned
Lot Features Cleared Few Trees
Water Source Community Water
Lot Size Area 1.7
Foundation Details Slab
Building Area Total 14000
Lot Size Acres 1.7
Road Surface Type Asphalt
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* Excluded Features
List By
Ashley Hum

Listing Agent

Highgarden Real Estate Nc

Broker

ahum@highgarden.com

Email

Affordability Calculator

$11,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,051
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/8/2026$1,600,000 -3.03% Price Down
8/27/2026$1,650,000 Listed Price

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210 Colonial Drive, Fayetteville, NC, 28301 is a Multi-Family Home for sale at $1,600,000 with 14,000 sqft and a lot size of 1.7. 210 Colonial Drive has 36 bedrooms, 21.0 baths, and was built in 1970. The property's zip code is 28301 which is in Fayetteville, NC

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