3686 Cook Rd Valdese, NC 28690
Valdese AreaEstimated payment $2,140/month
About This Home
Discover the income-producing potential of 3686 Cook Rd W, Valdese, NC! Situated on approximately 2.44 acres, this established 5-unit mobile home park offers immediate rental income along with exciting possibilities for future growth.
Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit—providing an estimated $3,750 in gross monthly rental income at full occupancy.
Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system.
What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements.
Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential.
5 Rental Units • 2 BR / 1 BA Each • Approx. 2.44 Acres • Separately Metered Utilities • Approx. $3,750 Gross Monthly Rent at Full Occupancy • Potential for Additional Development
Listing Agent
C Shane Cook & Associates Brokerage Email: AllenKCurtis@gmail.com License #287846 Listed on: 08/31/2026
Property Details
Home Type
- Multi-Family
Parking
- Driveway
Home Design
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Schools
- Drexel Elementary School
- Heritage Middle School
- Jimmy C Draughn High School
Utilities
- Cooling Available
- Septic Tank
Additional Features
- Crawl Space
- 2.44 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- The owner pays for management, - see remarks
- Assessor Parcel Number 2723611317
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 | $2,613 | $9,900 | $5,800 | $4,100 |
| 2024 | $811 | $9,500 | $5,800 | $3,700 |
| 2023 | $1,779 | $9,200 | $5,800 | $3,400 |
| 2021 | $1,779 | $7,200 | $3,900 | $3,300 |
| 2020 | $1,779 | $7,100 | $3,900 | $3,200 |
| 2019 | $1,505 | $6,600 | $3,600 | $3,000 |
| 2018 | $1,251 | $7,100 | $3,900 | $3,200 |
| 2017 | $105 | $7,100 | $3,900 | $3,200 |
| 2016 | $105 | $7,200 | $3,900 | $3,300 |
| 2014 | -- | $23,800 | $4,700 | $19,100 |
| 2013 | -- | $22,800 | $4,600 | $18,200 |
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 |
|---|---|---|---|---|
| 08/31/2026 08/31/26 | For Sale | $350,000 | -- | -- |
Source: Canopy MLS
MLS Number: 4419474
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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Ask me questions while you tour the home.