$478,888
8 Beds · 8 Baths · 5,093 Sqft
Active
Active125 Days on Market$94/sqft▼ 4.0% from originalListed Mar 19, 2026MLS# CAR4356330
309 Morgan Street, Wadesboro, NC 28170
$478,888 · 8 bd · 8 ba · 5093 sqft
About This Property
Beautiful historic home that has been converted to 8 apartments within walking distance to downtown Wadesboro. Currently generating over $59k in net cash flow generating over an 11% Cap rate!!! This building has maintained much of it's charm over the years with original hardwood floors and other classic accents throughout the building. Currently 8 of the apartments are occupied and many have been painted and refurbished. Most of the tenets have lived at this property for over a year. This property is a great opportunity for a savvy investor or anyone who loves big historic homes.
Location
309 Morgan Street, Wadesboro, NC 28170
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Property Details
Overview
Property TypeSingle Family Residence
Year Built1890
Lot Size0.39 Acres
Stories/LevelsTwo
Interior
Bedrooms8
Bathrooms (Full)8
Total Rooms1
Sqft5,093
HeatingWall Furnace
Cooling / A/CCeiling Fan(s), Wall Unit(s)
Exterior
ExteriorWood
FoundationCrawl Space
Financial
List Price$478,888
Original Price$499,000
Location
Address309 Morgan Street, Wadesboro, NC 28170
CityWadesboro
CountyAnson
StateNC
Zip28170
Listed by COMPASS · tatumsellscharlotte@gmail.com MLS# CAR4356330
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 07/31/2026, 09:33:51 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Information deemed reliable but not guaranteed. Buyer to verify all information.
LC
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