1153 Tammy St Fayetteville, NC 28311
Lake Pines NeighborhoodEstimated payment $1,900/month
About This Home
Investor Special! Discover this rare opportunity to own four income-producing units—fully renovated within the last two years—on one large parcel. The property includes two single-family homes and one duplex, all located just minutes from 295 for quick access throughout Fayetteville.
Currently generating $3,155/month in rental income, this property offers strong returns. With 20% down and an 18% expense ratio (vacancy, capital expenditures, and property management), the projected net cash flow is $564/month, equating to $6,769 annually—a 10% cash-on-cash return!
Financial projections are based on current market conditions and our analysis. Actual performance may vary depending on financing, operating expenses, vacancy, turnover, and management practices.
Whether you’re looking to expand your portfolio or secure a turn-key cash flow asset, 1153 Tammy St checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,552
Year Built
- Built in 1959
Home Design
- Quadruplex
- Concrete Siding
- Vinyl Siding
Flooring
- Luxury Vinyl Plank Tile Flooring
Schools
- Spring Lake Middle School
- Pine Forest Senior High School
Listing and Financial Details
- Assessor Parcel Number 0419-95-2893.000
Community Details
Overview
- 4 Units
- Shaw Hghts Subdivision
Building Details
- Gross Income $37,860
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,552 | $90,290 | $7,500 | $82,790 |
| 2023 | $1,552 | $90,290 | $7,500 | $82,790 |
| 2022 | $1,182 | $90,290 | $7,500 | $82,790 |
| 2021 | $1,182 | $90,290 | $7,500 | $82,790 |
| 2019 | $1,182 | $90,290 | $7,500 | $82,790 |
| 2018 | $1,148 | $90,290 | $7,500 | $82,790 |
| 2017 | $1,148 | $90,290 | $7,500 | $82,790 |
| 2016 | $960 | $79,829 | $8,250 | $71,579 |
| 2015 | $960 | $79,829 | $8,250 | $71,579 |
| 2014 | $960 | $79,829 | $8,250 | $71,579 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $324,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Tryon Title | |
| Warranty Deed | $30,000 | None Available | |
| Warranty Deed | $80,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,000 | Construction | |
| Previous Owner | $44,000 | Future Advance Clause Open End Mortgage |
Source: Longleaf Pine REALTORS®
MLS Number: 748549
APN: 0419-95-2893
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Information is deemed reliable but not guaranteed.
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