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A small brick house at 1300 Railroad Street features a covered front porch with blue chairs, a mailbox on a wooden post, and a grassy lawn bordered by trees under a partly cloudy sky.A small brick house with a covered front porch, two blue chairs, white curtains, and a chair on the lawn. Green trees and bushes surround the house under a clear blue sky.A satellite image showing a pin dropped at 1300 Railroad Rd, surrounded by residential houses, a railway line, roads, trees, and a large commercial building in the upper left corner.

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1300 Railroad Road · Henderson, NC 27536

Henderson, NC 27536
SoldSingle FamilyHenderson TownshipVance County
$60,000
$63 / sq ftListed Oct 12, 2025
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A small brick house at 1300 Railroad Street features a covered front porch with blue chairs, a mailbox on a wooden post, and a grassy lawn bordered by trees under a partly cloudy sky.A small brick house with a covered front porch, two blue chairs, white curtains, and a chair on the lawn. Green trees and bushes surround the house under a clear blue sky.A satellite image showing a pin dropped at 1300 Railroad Rd, surrounded by residential houses, a railway line, roads, trees, and a large commercial building in the upper left corner.

3
Bedrooms

1
Bathrooms

1,179
Square feet

0.11
Acres

1950
Year built
Henderson TownshipVance CountyMLS 10127313

1300 Railroad RoadSold
$60,000 · 3 bd · 1 ba · 1,179 sf

Highlights

  • 6.4% Cap Rate
  • Proven Cash Flow
  • Consistent Rental History
  • Tenant-Occupied Since 2010
  • Value-Add Improvements
  • Strong Rental Demand

About this home

Huge Price Reduction! Now $85,900 with a 6.4% Cap Rate! Outstanding investment opportunity in Henderson!

This 3 Bedroom, 1 Bath home has been tenant-occupied since 2010, offering over a decade of consistent rental history and proven cash flow. With the price reduced from $129,900 to just $85,900, the property now achieves a 6.4% cap rate, making it an attractive option for investors seeking steady returns at an affordable entry point.

Currently generating $595/month on a month-to-month lease, this home provides immediate income with the flexibility to adjust rents or pursue value-add improvements to unlock additional upside. Offering 1,179 sq. ft. of living space, the property balances affordability with long-term potential, making it well-suited for both new and experienced investors.

With reliable tenancy, strong rental demand, and a significantly improved cap rate at the new price, this property represents one of the best value opportunities in today's market. Contact Jessica today for additional financials and showing availability.

Location

Henderson Township · Vance County · Henderson, NC

Property history

2 listings on Doorify MLS since 2025
  1. SoldSource: IDX Doorify MLS #10127313$60,000$51/sqft
  2. Price decreasedSource: IDX Doorify MLS #10127313$60,000−$14,500 · −19.5%$51/sqft
  3. Pending saleSource: IDX Doorify MLS #10127313$74,500$63/sqft
  4. Price decreasedSource: IDX Doorify MLS #10127313$74,500−$400 · −0.5%$63/sqft
  5. Price decreasedSource: IDX Doorify MLS #10127313$74,900−$11,000 · −12.8%$64/sqft
  6. Listed for saleSource: IDX Doorify MLS #10127313$85,900$73/sqft
  7. Listing RemovedSource: IDX Doorify MLS #10120782$85,900$73/sqft
  8. Price decreasedSource: IDX Doorify MLS #10120782$85,900−$44,000 · −33.9%$73/sqft
  9. Listed for saleSource: IDX Doorify MLS #10120782$129,900$110/sqft

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.

Documents

3 documents

Lead Based Paint Disclosure(opens in a new tab)Mineral Oil Gas Rights Disclosure(opens in a new tab)Seller Property Disclosure(opens in a new tab)

Nearby listings

Near 1300 Railroad Road · Henderson, NC 27536

Status

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  • Active (1)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

1300 Railroad Road
Not in a Subdivision · This home
$60,000
1,179
$51
3
1950
0.11
Sold

212 Craig Avenue
Not in a Subdivision
$135,000
946
$143
2
1956
0.19
Sold

905 David Street
Not in a Subdivision
$55,000
1,128
$49
2
1950
0.12
Sold

129 Spring Valley Road
Not in a Subdivision
$42,500
743
$57
2
1960
0.12
Sold

309 W Rockspring Street
To Be Added
$130,000
1,188
$109
3
1979
0.19
Sold

611 Rowland Street
Not in a Subdivision
$106,000
713
$149
2
1960
0.08
Sold

1 Nearby Listing
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Cameron Saemann
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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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.