Movoto Real Estate
Sold on 08/05/2025
  • Exterior
  • Floorplan
  • Living
  • Kitchen
  • Other
  • Bedroom
  • Bath
  • Entry Way

1505 Harth Dr, Garner, NC 27529

  • $365,000

    Last sold 08/05/2025 after 43 Days

  • 4

    bed

  • 3

    bath

  • 2,120

    Sqft ($172/Sqft)

Multi-family not for sale
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About 1505 Harth Dr

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Rental estimate
Property description
ATTENTION INVESTORS! PRICE IMPROVEMENT AND SELLER IS MOTIVATED. Rare Duplex offered in Garner at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with long term stable tenants with below market rents. Perfectly situated in a prime location near groceries and restaurants and a short drive or public transportation to major shopping like Target and Cabelas. Garner is a short drive to downtown Raleigh on Hwy 70/401 or major employers in the area like Amazon on the newly widened HWY 40. The current owners have made significant upgrades with over $40K in renovations the last 10 years including a new roof in 2024 and a full gut remodel on both units in 2016 featuring new kitchen and bathroom cabinets and appliances and all new windows throughout. New vapor barrier added May 2024; deck was upgraded May, 2025. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.
Listed by
Listing Agent - Shawn Carter
Listing Office - INNOVATE Real Estate
Source: Triangle MLS mls logo
MLS#10105100 • last updated 11 months ago
Movoto checked Triangle MLS for data 7 minutes ago
Overview
Cooling/AC Electric
Heating Electric
Levels/Style Two, 2
MLS # 10105100
Type Residential Income
Status Closed
SubType Duplex
Living Area 2120, Square Feet
Lot Size (SqFt) 16117.2
Lot Size (Acres) 0.37
Property Tax 3682.39
Year Built 1978
Interior
# Half Baths 1
Total # of Bathrooms 3
# Full Baths 2
# Bedrooms 4
Basement Crawl Space
Flooring Carpet, Vinyl, Tile
Common Walls 1 Common Wall
Exterior
Foundation Other
Roof Shingle
Construction Brick
# Open Parking Spaces 4
Parking Desc Open
Patio/ Porch Deck, Porch
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Wake
Subdivision Malibu Valley
Elementary School Wake - Aversboro
Middle School Wake - East Garner
High School Wake - Garner
APN 1710540294
Multifamily Details
Total # Of Buildings 1
$380K
Range: $330K-$429K
Last 30 days 
Rental est.: $1,952/month
Gross rent multiplier: 15.6
  • Aug 2025
    mls logo MLS # 10105100
  • Aug 5, 2025 Sold
    $365,000
  • Jul 10, 2025 Pending
  • Jun 23, 2025 Listed
    $384,900
  • Jul 2025
    Public Records
  • Jul 29, 2025 Sold
    $365,000 (-5.2%)
  • Jun 2025
    mls logo MLS # 10085806
  • Jun 4, 2025 Price Change
    $384,900 (-1.3%)
  • Mar 31, 2025 Listed
    $389,900 (+156.5%)
  • Sep 2013
    Public Records
  • Sep 9, 2013 Sold
    $152,000 (-6.5%)
  • Apr 2013
    mls logo MLS # 1882653
  • Apr 3, 2013 Listed
    $162,500 (+13.6%)
  • Jun 2002
    Public Records
  • Jun 14, 2002 Sold
    $143,000 (+2.1%)
  • Oct 2001
    Public Records
  • Oct 5, 2001 Sold
    $140,000 (-6.7%)
  • Jul 2001
    mls logo MLS # 605515
  • Jul 30, 2001 Listed
    $150,000
  • 1505 Harth Dr
    $365K
  • Malibu Valley
  • 27529
    $416K -6% y/y
  • Garner
    $416K -6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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