309 Morgan Street, Wadesboro, NC 28170

Wadesboro
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: drew tatum
Office: compass
MLS#:4356330
Source:CH
309 Morgan Street,Wadesboro, NC 28170
$499,000
  • 8 Beds
  • 8 Baths
  • 5,093 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$499,000
  • Price per sq. ft.:$97.98

About this home

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.

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Home facts

  • Year built:1890
  • Subdivision & Development:None
  • Listing ID #:4356330
  • Updated:August 13, 2026 at 01:22 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:5,093 sq. ft.

Structure and exterior

  • Year built:1890
  • Building area:5,093 sq. ft.
  • Lot area:0.39 Acres
  • Construction Materials:Wood
  • Foundation Description:Crawl Space

Schools

  • High school:Anson Early College
  • Elementary school:Wadesboro Primary

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$97.98

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Parking description:Driveway, Parking Lot
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