1505 Harth Drive
Garner, NC 27529ATTENTION INVESTORS! PRICE IMPROVEMENT AND SELLER IS MOTIVATED. 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. New vapor barrier added May 2024; deck was upgraded May, 2025. 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.
$384,900
4 bedrooms
2 full, 1 half bathrooms
0.37 acres
2,120 square feet
$182 per square foot
Additional Property Information
- TypeDuplex
- Built1978
- NeighborhoodMalibu Valley
- CountyWake
- AreaGarner
- Elementary SchoolWake - Aversboro
- Middle SchoolWake - East Garner
- High SchoolWake - Garner
Listing courtesy of INNOVATE Real Estate. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Common Walls 1 Common Wall
- Construction Materials Brick
- Lot Size Acres 0.37
- Parking Features Open
- Patio And Porch Features Deck, Porch
- Above Grade Finished Area 2,120
- Basement Crawl Space
- Cooling Electric
- Cooling Y/N Yes
- Flooring Tile, Carpet, Vinyl
- Heating Electric
- Heating Y/N Yes
- Tax Annual Amount 3682.39
- Water Source Public
- Year Built 1978
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