309 Morgan Street, Wadesboro, NC 28170 - Photo 1

$478,888

8 Beds · 8 Baths · 5,093 Sqft

Active

$478,888

8 Beds · 8 Baths · 5,093 Sqft

Active

309 Morgan Street, Wadesboro, NC 28170 - Photo 2

309 Morgan Street, Wadesboro, NC 28170 - Photo 3

309 Morgan Street, Wadesboro, NC 28170 - Photo 4

Active175 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 10/23/2026, 12:41:19 PM. 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.

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