405 & 407 Andy Street
Fayetteville, NC, 28303 $ 169,000
Bedrooms4 Baths2.0 Sq 1,276 Monthly Estimate*
$ 1,167
for $169,000 with 4 bedrooms and 2 full baths. This 1,276 square foot home was built in 1952 on a lot size of 0.21.
Turnkey investment opportunity featuring TWO detached single-family homes on one parcel with stable tenants already in place and immediate cash flow from day one! Currently generating $1,850/month in rental income with lease coverage extending into 2027, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset.Professionally managed, the property has been consistently maintained and features extensive updates already completed between both homes, including newer roofs, heat pumps, windows, plumbing, electrical updates, remodeled bathrooms, LVP flooring, appliances, and more — significantly reducing near-term capital expenditure concerns.405 Andy features major 2023 system upgrades including roof, HVAC, water heater, plumbing, electrical, and windows, along with a fully remodeled bathroom and LVP flooring completed in 2025. 407 Andy has also undergone substantial improvements including roof, HVAC, windows, front door replacement, remodeled bathroom, kitchen repairs, and new LVP flooring installed in 2026.Properties like this are hard to find in this price range — two detached homes, updated major systems, tenant occupancy already in place, and immediate income potential all in one package. Conveniently located in Fayetteville near Fort Liberty, shopping, dining, and major commuter routes.Photos are from just prior to current tenant occupancy in 2026.
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FeaturesGeneralSewer Other Other30
Zoning SF6 - Single Family Res 6
Patio/Porch Features Covered
Construction Materials Other
Year Built 1952
Levels One
Property Subtype Single Family Residence
County Cumberland
New Construction false
Property Type Residential
HOA false
Subdivision Name Bonnie Doone
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions https://www.google.com/maps/dir//405+Andy+St +Fayetteville +NC+28303/@35.0968914 -78.9500149 17z/data=!4m8!4m7!1m0!1m5!1m1!1s0x89ab6b736a7f8f05:0x5fb7e74106c3abe!2m2!1d-78.9500149!2d35.0968914
City Fayetteville
Lot Size Units Acres
Lot Size Square Feet 9147.6
Carport Y/N false
Standard Status Active
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InteriorBasement Crawl Space
Flooring Other
Total Fireplaces 0
Fireplace Features None
Fireplace Y/N false
Half Baths 0
Total Bedrooms 4
Total Baths 2
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ExteriorExterior Amenities Fenced Yard
Fencing Fenced
Water Source Other
Lot Size Area 0.21
Building Area Total 1276
Lot Size Acres 0.21
Road Surface Type Paved
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* Excluded FeaturesList ByKIMBERLY DANIELSListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,167
- 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.
Learn more about how to save NearbySingle family listings in Fayetteville, NC
Average List Price $299,703
Percent of Sale Price 77%
About Fayetteville, NC 200,037 Population
0% Since 2002
$ 44,267 Median Income
33.4 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $169,000 | -6.11% | Price Down |
| 8/19/2026 | $180,000 | | Listed Price |