1505 Harth Dr Garner, NC 27529
Estimated payment $2,483/month
Highlights
- Deck
- Main Floor Primary Bedroom
- Front Porch
- Traditional Architecture
- No HOA
- Cooling Available
About This Home
ATTENTION INVESTORS! Rare Duplex offered in Garner at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with long term stable tenants with below market rents. Perfectly situated in a prime location near groceries and restaurants and a short drive or public transportation to major shopping like Target and Cabelas. Garner is a short drive to downtown Raleigh on Hwy 70/401 or major employers in the area like Amazon on the newly widened HWY 40. The current owners have made significant upgrades with over $40K in renovations the last 10 years including a new roof in 2024 and a full gut remodel on both units in 2016 featuring new kitchen and bathroom cabinets and appliances and all new windows throughout. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,682
Year Built
- Built in 1978
Lot Details
- 0.37 Acre Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,120 Sq Ft Home
- 2-Story Property
- Family Room
- Dining Room
- Basement
- Crawl Space
- Laundry Room
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Parking
- 4 Parking Spaces
- 4 Open Parking Spaces
Outdoor Features
- Deck
- Front Porch
Schools
- Aversboro Elementary School
- East Garner Middle School
- Garner High School
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Malibu Valley Subdivision
Listing and Financial Details
- Assessor Parcel Number 1710540294
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,682 | $352,433 | $150,000 | $202,433 |
| 2023 | $2,939 | $225,773 | $59,000 | $166,773 |
| 2022 | $2,685 | $225,773 | $59,000 | $166,773 |
| 2021 | $2,551 | $225,773 | $59,000 | $166,773 |
| 2020 | $2,517 | $225,773 | $59,000 | $166,773 |
| 2019 | $2,281 | $174,975 | $42,000 | $132,975 |
| 2018 | $2,117 | $174,975 | $42,000 | $132,975 |
| 2017 | $2,048 | $174,975 | $42,000 | $132,975 |
| 2016 | $2,022 | $174,975 | $42,000 | $132,975 |
| 2015 | $2,143 | $185,750 | $52,000 | $133,750 |
| 2014 | $2,042 | $185,750 | $52,000 | $133,750 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $389,900 | -- | $184 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $152,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $143,000 | -- | |
| Warranty Deed | $140,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $106,400 | New Conventional | |
| Previous Owner | $114,400 | Unknown | |
| Previous Owner | $114,400 | Purchase Money Mortgage |
Source: Doorify MLS
MLS Number: 10085806
APN: 1710.15-54-0294-000
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