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157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303
157 Old Shaw Rd, Fayetteville, NC 28303

157 Old Shaw Rd Fayetteville, NC 28303

$999,000

ACTIVE
Beds
Baths
Sqft
0
Acres
Year
Days on Site
1 Hour
Property Type
Residential Income
Sub Type
Apartment
Per Square Foot
$999,000
Date Listed
Jul 10, 2026

Description of 157 Old Shaw Rd, Fayetteville, NC 28303

Listing details for 157 Old Shaw Rd, Fayetteville, NC 28303 : 157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators, and modern stoves.This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.The property represents a successful, completed value-add project. Since acquisition, ownership has implemented a comprehensive operational turnaround, rectifying previous management inefficiencies and optimizing the tenant base. The current list price reflects the property’s successful transition from an under-performing asset to a fully stabilized, high-yield investment.Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.Contact listing agent for additional details, rent roll, and financial package.
Listing Updated : 07-10-2026 at 2:15 PM EDT
Listing Provided By

KENDRA LANCASTER, 910-964-5575, TOWNSEND COMMERCIAL

Source

Triangle, MLS, MLS#: LP765763

For more information on this listing contact us at 919​-249​-8536

Property History

DateEventPrice
7/10/2026
Listed for sale
$999,000 +137.9%
Source:Triangle, MLS #LP765763
12/8/2022
Sold
$420,000
Source:Triangle, MLS #LP691100
8/21/2022
Listed for sale
—
Source:Triangle, MLS #LP691100
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

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For more information on this listing contact us at 919​-249​-8536