INVESTMENT OPPORTUNITY IN ALEXANDER COUNTY! Rare opportunity to acquire an established 18-unit multifamily rental complex offering immediate income and long-term investment potential. Currently 100% occupied. Offered at $1,499,900, this income-producing property provides an excellent opportunity for investors looking to expand an existing rental portfolio or acquire a multifamily asset with established tenants and proven rental history.
The property consists of multiple residential buildings with 18 rental units conveniently located in one complex, allowing for efficient management and maintenance. Units feature private entrances, and many offer covered porches, decks, or balconies. Ample on-site parking is available for residents. Units are separately metered, an important feature for multifamily ownership and operating efficiency.
With 100% current occupancy, this property offers immediate rental income from day one. The concentration of 18 units in one location provides scale and management efficiency that can be difficult to find in smaller residential rental portfolios. Conveniently located in Alexander County with access to Taylorsville, Hickory, and surrounding employment, shopping, and service areas.
Whether you are a seasoned multifamily investor, looking to expand your rental holdings, or seeking an income-producing real estate opportunity, this 18-unit complex deserves consideration. Current rent roll and additional property information are available to qualified buyers. Buyer and buyer's agent to verify all information important to the purchase and investment analysis.
PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.
Property Type(s):
Multi Family
|
Year Built
|
2007
|
County
|
Alexander
|
SCHOOLS
| Elementary School |
Taylorsville |
| Jr. High School |
East Alexander |
| High School |
Alexander Central |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator |
| CONSTRUCTION |
Brick |
| HEAT |
Ductless, Heat Pump |
| LOT |
1.12 acre(s) |
| LOT DESCRIPTION |
Cleared, Level |
| LOT DIMENSIONS |
1.12 |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
| UTILITIES |
Cable Available, Electricity Connected |
| WATER |
Public |
Listed with Weichert, Realtors - Team Metro
Date last updated: 10/20/26 8:11 PM PDT
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Sellstate Select Realty nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Properties reported may be listed or sold by various participants in the MLS
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This IDX solution is (c) Diverse Solutions 2026.
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