Multi-family
Multi-family
๐ Solid 6.80% Cap Rate
๐ฐ Income-Producing Duplex
๐ฅ New Electric Heat Pump
๐จ Updated Paint
๐งถ Updated Carpet
๐ชต Vinyl Flooring
Exceptional opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson. Recently reduced and strategically priced to sell, this property now offers a solid 6.80% cap rate, aligning with today’s investor expectations while still presenting meaningful upside as current rental rates remain below market value.
Each unit features 2 bedrooms and 1 full bath, with both sides occupied under active month-to-month leases–providing immediate cash flow along with flexibility for future rent adjustments or repositioning.
Unit 228 has a long-term tenant in place since 2006 and recently received a new electric heat pump in June 2025. Interior updates are anticipated upon turnover, offering a clear opportunity for value enhancement. Unit 230 was refreshed in 2017 with updated paint, carpet, and vinyl flooring and has maintained stable occupancy since that time.
Ideally located near shopping, dining, and everyday conveniences, this duplex represents a low-maintenance investment in a steadily growing rental market. Whether expanding an existing portfolio or securing a strong first acquisition, this property combines proven performance, stable tenancy, and long-term growth potential.
Detailed financials are available upon request. Tenants require 48 hours’ notice for all showings per lease terms. Appointments are available through ShowingTime – please monitor email for confirmation and showing instructions.
Exceptional opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson. Recently reduced and strategically priced to sell, this property now offers a solid 6.80% cap rate, aligning with today’s investor expectations while still presenting meaningful upside as current rental rates remain below market value. Each unit features 2 bedrooms and 1 full bath, with both sides occupied under active month-to-month leases–providing immediate cash flow along with flexibility for future rent adjustments or repositioning. Unit 228 has a long-term tenant in place since 2006 and recently received a new electric heat pump in June 2025. Interior updates are anticipated upon turnover, offering a clear opportunity for value enhancement. Unit 230 was refreshed in 2017 with updated paint, carpet, and vinyl flooring and has maintained stable occupancy since that time. Ideally located near shopping, dining, and everyday conveniences, this duplex represents a low-maintenance investment in a steadily growing rental market. Whether expanding an existing portfolio or securing a strong first acquisition, this property combines proven performance, stable tenancy, and long-term growth potential. Detailed financials are available upon request. Tenants require 48 hours’ notice for all showings per lease terms. Appointments are available through ShowingTime – please monitor email for confirmation and showing instructions.
Date
Status
Price
2026-02-18
Active
$164,900
2026-02-20
Under Contract
$164,900
2026-03-07
Back on Market
$164,900
2026-03-23
Under Contract
$164,900
Documents Source: Doorify MLS IDX Feed
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.


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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
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228 Crozier Street
Henderson, NC 27536
228 Crozier Street
Henderson, NC 27536
$164,900
$164,900
Not in a Subdivision – Henderson Township – Vance County

228 Crozier St
Henderson
4 br
1456 sqft
$164,900
TWP Henderson
CTY Vance
SUB Not in a Subdivision