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Koho Realty

info@kohorealty.com +1(919) 322-8090

Listed by Taylor Realty & Investment Grp

$ 179,999

Est. payment -/mo

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Price Dropped by $17K

230 Maple Drive #230/232 Oxford, NC 27565

4 Beds

2 Baths

1,296 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $138

Subdivision Not In A Subdivision

MLS Listing ID 10147184

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

Middle Schools Granville - N Granville

High Schools Granville - Webb

Others

Senior Community No

Tax ID 192205083380

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Koho Realty

Firm License | License ID: C30723

+1(919) 322-8090

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Koho Realty

230 Maple Drive #230/232 Oxford, NC 27565

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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230 Maple Drive #230/232