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$199,900

2 days ago

4 Bed

2 Bath

1296 sqft

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MLS® 10147184

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1296 sqft
Garage No
Taxes $1,888
Days Active 2
Lot Size 
Approx. Age 1994
Avg. Price Per Sqft $154
MLS® Number 10147184

Property Address: 230232-230 Maple Drive, Oxford, NC, 27565

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully leased, income-producing duplex tucked away on a quiet dead-end street just minutes from downtown Oxford. Recently reduced and strategically priced to sell, this property now offers an attractive 7.80% cap rate, making it a standout option for investors seeking dependable returns with future upside. Conveniently located near shopping, dining, and everyday amenities, the duplex is well positioned for steady, long-term rental performance in a growing market. Each unit features 2 bedrooms and 1 full bath, with both sides currently leased on month-to-month terms--providing immediate cash flow along with flexibility for future rent adjustments. Unit 230 has been tenant-occupied since May 2018 and was refreshed that same year with updated paint, flooring, stove, and refrigerator. Unit 232 has been occupied since April 2021 and received new interior paint in 2021, with flooring, stove, and refrigerator previously updated in 2015. With stable occupancy history and rents still below market value, the property presents clear opportunity for increased returns over time. Situated in a peaceful, private setting yet close to town conveniences, this duplex offers the appeal of low-maintenance ownership paired with strong income performance. Whether expanding an established portfolio or entering the rental market, this is a value-driven opportunity worth securing. Interior photos were taken prior to tenant occupancy. Tenants require 48 hours' notice for all showings. Showings must be coordinated with the leasing office and are available Monday through Friday from 10 AM to 4 PM. Additional financials are available upon request--contact Jessica for more details or to schedule a showing.
MLS® Number10147184
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1994
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$199,900List Price
  • Commute

Commute

Starting Address
Destination Address
230 Maple Drive, Oxford, NC

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