100 Madrid Ct Garner, NC 27529
Garner AreaEstimated payment $2,580/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Luxury Vinyl Tile Flooring
- Ceiling Fan
About This Home
Investors, take note! Fully Rented Turnkey Duplex on Corner Lot - No HOA Fees & Immediate Cash Flow! Welcome to 100 Madrid Court, a rare, fully occupied income-generating duplex perfectly positioned on a spacious corner lot in the heart of Garner. This property gives you 100% control over your investment with maximum bottom-line profitability. This low-maintenance two-family property offers immediate cash flow from day one with established tenants already in place. Each side features a functional layout designed for long-term tenant retention, complete with 3 bedrooms each unit, 1.5 baths, comfortable living spaces, fully equipped kitchens (including refrigerator, range, and dishwasher), central air, dedicated washer/dryer hookups. Roof was done in 2020. LVP throughout 1st floor of both units. HVAC around 5 years. The exterior features a sizable 0.29-acre spacious fenced in lot. Tenants pay their own separate utilities (water, sewer, and electric) and yard maintainess. The location offers unbeatable tenant appeal and convenience. Situated just off Timber Drive and Aversboro Road, residents are less than a half-mile walk from everyday essentials like Lowes Foods and ALDI. The property sits minutes from the premier dining and retail at Garner Towne Square, and offers a seamless drive straight down Timber Drive to the massive White Oak Crossing retail center. With immediate access to US-70 and I-40 for a quick commute into downtown Raleigh, this high-demand Wake County location guarantees a strong, consistent tenant pool.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,585
Year Built
- Built in 1981
Lot Details
- 12,632 Sq Ft Lot
- No Common Walls
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Vertical Siding
Interior Spaces
- 2,388 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Free-Standing Electric Range
- Free-Standing Range
- Range Hood
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- Parking Pad
- Driveway
- 4 Open Parking Spaces
Schools
- Aversboro Elementary School
- East Garner Middle School
- Garner High School
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Heather Hill Villas Subdivision
Listing and Financial Details
- Assessor Parcel Number 171014340814000 0097391
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,585 | $341,826 | $120,000 | $221,826 |
| 2024 | $3,573 | $341,826 | $120,000 | $221,826 |
| 2023 | $2,670 | $204,812 | $50,000 | $154,812 |
| 2022 | $2,440 | $204,812 | $50,000 | $154,812 |
| 2021 | $2,318 | $204,812 | $50,000 | $154,812 |
| 2020 | $2,287 | $204,812 | $50,000 | $154,812 |
| 2019 | $2,277 | $174,652 | $40,000 | $134,652 |
| 2018 | $2,113 | $174,652 | $40,000 | $134,652 |
| 2017 | $2,044 | $174,652 | $40,000 | $134,652 |
| 2016 | $2,019 | $174,652 | $40,000 | $134,652 |
| 2015 | $2,096 | $181,614 | $48,000 | $133,614 |
| 2014 | $1,998 | $181,614 | $48,000 | $133,614 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | For Sale | $419,900 | -- | $176 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $202,500 | None Available | |
| Warranty Deed | $174,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $15,000 | New Conventional |
Source: Doorify MLS
MLS Number: 10172157
APN: 1710.14-34-0814-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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