100 Madrid Court
Garner, NC 27529Investors, take note! Fully Rented Turnkey Duplex on Corner Lot - No HOA Fees & Immediate Cash Flow! Welcome to 100 Madrid Court, a rare, fully occupied income-generating duplex perfectly positioned on a spacious corner lot in the heart of Garner. This property gives you 100% control over your investment with maximum bottom-line profitability. This low-maintenance two-family property offers immediate cash flow from day one with established tenants already in place. Each side features a functional layout designed for long-term tenant retention, complete with 3 bedrooms each unit, 1.5 baths, comfortable living spaces, fully equipped kitchens (including refrigerator, range, and dishwasher), central air, dedicated washer/dryer hookups. Roof was done in 2020. LVP throughout 1st floor of both units. HVAC around 5 years. The exterior features a sizable 0.29-acre spacious fenced in lot. Tenants pay their own separate utilities (water, sewer, and electric) and yard maintainess. The location offers unbeatable tenant appeal and convenience. Situated just off Timber Drive and Aversboro Road, residents are less than a half-mile walk from everyday essentials like Lowes Foods and ALDI. The property sits minutes from the premier dining and retail at Garner Towne Square, and offers a seamless drive straight down Timber Drive to the massive White Oak Crossing retail center. With immediate access to US-70 and I-40 for a quick commute into downtown Raleigh, this high-demand Wake County location guarantees a strong, consistent tenant pool.
$419,900
6 bedrooms
2 full, 2 half bathrooms
0.29 acres
2,388 square feet
$176 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls No Common Walls
- Construction Materials Brick, Frame, Vertical Siding
- Exterior Features Rain Gutters
- Lot Size Acres 0.29
- Parking Features Driveway, Parking Pad
- Structure Type Duplex
- Above Grade Finished Area 2,388
- Appliances Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
- Cooling Ceiling Fan(s), Central Air
- Cooling Y/N Yes
- Flooring Carpet, Laminate, Vinyl
- Heating Central
- Heating Y/N Yes
- Interior Features Laminate Counters
- Tax Annual Amount 3585.08
- Water Source Public
- Year Built 1981
Additional Property Information
- TypeDuplex
- Built1981
- NeighborhoodHeather Hill Villas
- CountyWake
- AreaGarner
- Elementary SchoolWake - Aversboro Elementary
- Middle SchoolWake - East Garner Middle
- High SchoolWake - Garner High
Listing courtesy of CHK Realty. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Monthly payment calculator
Find your amountSchedule a Tour
Ready for a tour of this house? You can either schedule an in-person walkthrough, or one of our agents can take you on a virtual tour via video call.
Similar Properties
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-06-06T02:47:41.000Z.