405 & 407 Andy Street
Fayetteville, NC, 28303
$
169,000
Bedrooms4
Baths2.0
Sq
1,276
Monthly Estimate*
$
1,167
for $169,000 with 4 bedrooms and 2 full baths. This 1,276 square foot home was built in 1952 on a lot size of 0.21.
Turnkey investment opportunity featuring TWO detached single-family homes on one parcel with stable tenants already in place and immediate cash flow from day one! Currently generating $1,850/month in rental income with lease coverage extending into 2027, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset.
Professionally managed, the property has been consistently maintained and features extensive updates already completed between both homes, including newer roofs, heat pumps, windows, plumbing, electrical updates, remodeled bathrooms, LVP flooring, appliances, and more — significantly reducing near-term capital expenditure concerns.
405 Andy features major 2023 system upgrades including roof, HVAC, water heater, plumbing, electrical, and windows, along with a fully remodeled bathroom and LVP flooring completed in 2025. 407 Andy has also undergone substantial improvements including roof, HVAC, windows, front door replacement, remodeled bathroom, kitchen repairs, and new LVP flooring installed in 2026.
Properties like this are hard to find in this price range — two detached homes, updated major systems, tenant occupancy already in place, and immediate income potential all in one package. Conveniently located in Fayetteville near Fort Liberty, shopping, dining, and major commuter routes.
Photos are from just prior to current tenant occupancy in 2026.
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Features
General
Sewer
Other
Property SubType
Single Family Residence
County
Cumberland
New Construction
false
Property Type
Residential
Home Owner Assoc
false
Subdivision Name
BONNIE DOONE
Garage Y/N
false
Status
Active
Directions
https://www.google.com/maps/dir//405+Andy+St
+Fayetteville
+NC+28303/@35.0968914
-78.9500149
17z/data=!4m8!4m7!1m0!1m5!1m1!1s0x89ab6b736a7f8f05:0x5fb7e74106c3abe!2m2!1d-78.9500149!2d35.0968914
City
Fayetteville
Zoning Description
SF6 - Single Family Res 6
Lot Size Units
Square Feet
Carport Y/N
false
Home Warranty Y/N
false
Lease Considered Y/N
false
Standard Status
Active
Property Sub Type Additional
Single Family Residence
Heating
Window Unit
Cooling
Window Unit(s)
Patio/Porch Features
Covered
Porch
Architectural Style
One Story
Construction Materials
Masonite
Other
Year Built
1952
Stories
1
Levels
One
Total Rooms
8
Full Baths
2
High School
Terry Sanford Senior High
Middle/Junior High School
Max Abbott Middle School
Occupancy Type
Occupied
Exclusions
None
Legal Description
BONNIE ACRES LTS 225 & 226 IMP 405-407 ANDY ST
Tax Lot
225 & 226
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Interior
Air Conditioning Y/N
true
Heating Y/N
true
Fireplace Y/N
false
Flooring
Other
Total Fireplaces
0
Half Baths
0
Total Bedrooms
4
Total Baths
2
Basement
Crawl Space
Fireplace Features
None
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Exterior
Fencing
Yard Fenced
Lot Features
< 1/4 Acre
Water Source
Other
Lot Size Area
9147.6
Lot Size Acres
0.21
Road Surface Type
Paved
Exterior Features
Fence
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* Excluded Features
List By
KIMBERLY DANIELS
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,167
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Fayetteville, NC
Average List Price
$298,446
Percent of Sale Price
77%
About Fayetteville, NC
200,037
Population
0%
Since 2002
$
44,267
Median Income
33.4
Median Age
30%
Households with Children
Trends Information provided by ATTOM Data Solutions.
0
Elementary School
0
Middle School
Terry Sanford Senior High High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
10/5/2026
|
$169,000
|
-6.11%
|
Price Down
|
|
6/19/2026
|
$180,000
|
-4.96%
|
Price Down
|
|
6/8/2026
|
$189,400
|
-0.26%
|
Price Down
|
|
5/15/2026
|
$189,900
|
|
Listed Price
|