Bought with Taylor Realty & Investment Grp
$165,000
$179,999
8.3%For more information regarding the value of a property, please contact us for a free consultation.
230 Maple Drive #230/232 Oxford, NC 27565
4 Beds
2 Baths
1,296 SqFt
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $127
Subdivision Not In A Subdivision
MLS Listing ID 10147184
Sold Date 06/08/26
Style Duplex
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,296
Year Built 1994
Annual Tax Amount $1,888
Property Sub-Type Duplex
Source Triangle MLS
Property 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.
Location
State NC
County Granville
Direction Take exit 204 from I-85 S. Continue on NC-96 N/M.L.K. Jr Ave. Drive to Maple Dr in Oxford. Property will be on your right almost at the very end of the road.
Interior
Heating Ductless, Wall Furnace
Cooling Wall Unit(s)
Flooring Carpet, Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Private Pool No
Building
Faces Take exit 204 from I-85 S. Continue on NC-96 N/M.L.K. Jr Ave. Drive to Maple Dr in Oxford. Property will be on your right almost at the very end of the road.
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Granville - West Oxford Elementary
Middle Schools Granville - Northern Granville Middle
High Schools Granville - J F Webb High
Others
Senior Community No
Tax ID 192205083380
Special Listing Condition Standard
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