$1,057,000
SOLD APR 2, 2026
20 Beds
20 Baths
9,632 Sq Ft
164,221 Sq Ft Lot

Sale Details

Date Sold: April 2, 2026

$110 Per Sq Ft

8% Below List Price

85 Days on Market

Highlights

  • 3.77 Acre Lot
  • No HOA
  • Laundry Room
  • W.M. Jenkins Elementary School Rated A-
  • Living Room

About This Home

As of April 2026

Turnkey 10-unit townhome complex in Hickory featuring all 2-bed, 1.5-bath, two-story units with private decks and spacious layouts. Several units have been updated within the past two years with new flooring, paint, appliances, and deck improvements. Strong rent history with most units renting between $1,000–$1,130/month and one current vacancy ready for lease. Owner covers City of Hickory water, sewer, and commercial waste ( $432/mo) and lawn care ($45 per cut), while tenants pay electric. Situated on a large lot with ample parking and mature landscaping, minutes from downtown Hickory, Lenoir-Rhyne University, and major employers. A well-maintained property offering stable income, solid returns, and long-term upside in a strong rental market.
For more photos us following link

Last Agent to Sell the Property

Tyler Wilcox

EXP Realty LLC Mooresville Brokerage Email: Tyler@MustHaveRealEstate.com License #319535 Listed on: 10/13/2025

EXP Realty LLC Mooresville

Last Buyer's Agent

Patrick Johnson

NAI Allen Tate Beverly-Hanks Commercial License #257023

NAI Allen Tate Beverly-Hanks Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 9,632 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Crawl Space
  • Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 20 Bedrooms

Schools

  • Jenkins Elementary School
  • Northview Middle School
  • Hickory High School

Additional Features

  • 3.77 Acre Lot
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, internet
  • The owner pays for exterior maintenance, management, sewer, trash collection, water
  • Assessor Parcel Number 370215744973

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

3.77 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Eightplex+
  • Year Built: 1981
  • Road Surface Type: Asphalt, Paved
  • Geocode Confidence: High
  • Attribution Contact: Tyler@MustHaveRealEstate.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Laundry
  • Appliances: Oven, Refrigerator
  • Owner Pays: Exterior Maintenance, Management, Sewer, Trash Collection, Water
  • Above Grade Finished Sq Ft: 9632
  • Basement YN: No
  • Full Bathrooms: 10
  • Half Bathrooms: 10
  • Total Bedrooms: 20
  • Living Area: 9632
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Northview
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 370215744973
  • Lot Size Acres: 3.77
  • Additional Parcels: No
  • Zoning Specification: R-4

Rental Info

  • Tenant Pays: Electricity, Internet
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 10

MLS Schools

  • Elementary School: Jenkins
  • High School: Hickory
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Sold $1,057,000 -8.1% $110 / Sq Ft
01/06/2026 01/06/26 Pending -- -- --
11/12/2025 11/12/25 For Sale $1,150,000 +8.8% $119 / Sq Ft
11/10/2025 11/10/25 Off Market $1,057,000 -- --
10/13/2025 10/13/25 For Sale $1,150,000 -- $119 / Sq Ft
Source: Canopy MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,063 $710,400 $47,900 $662,500
2024 $6,063 $710,400 $47,900 $662,500
2023 $6,063 $710,400 $47,900 $662,500
2022 $3,413 $283,800 $46,600 $237,200
2021 $3,413 $283,800 $46,600 $237,200
2020 $3,299 $283,800 $0 $0
2019 $3,299 $283,800 $0 $0
2018 $3,195 $279,900 $46,600 $233,300
2017 $3,193 $0 $0 $0
2016 $3,193 $0 $0 $0
2015 $3,421 $279,700 $46,400 $233,300
2014 $3,421 $332,100 $54,100 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4312285

Canopy MLS
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