Date
Details
Price
Change
Source
8/07/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$1,650,000
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1/22
Property Description
Offer accepted! (awaiting DD) 24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only two units (#15 and #16) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. Property Note / CapEx: Roof Replacement: The property requires a new roof soon, presenting an opportunity for an incoming investor to complete final capital improvements alongside the renovation of the final two units. There are four vacant units that can be viewed, 2 at Colonial and 2 Fayette.
Full Property Details
Full Property Details for 210 Colonial Dr
General
- Price: $1,650,000
- Taxes: $489
- Status: Active
- Type: Apartment
- Source: 2218
- MLS ID: 10186622
- Updated: 8/19/2026
- Added to Site: 13 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s), Laminate Counters, Open Floorplan
- Appliances: Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
- Flooring: Concrete, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 21
- Full Bathrooms: 21
Bedrooms
- Total Bedrooms: 36
Additional Information
- Shared Amenities: Parking
Parking
- Parking Features: Asphalt, Open, Parking Lot, Unassigned
Location
- County: Cumberland
- Subdivision: Not in a Subdivision
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Brick, Brick Veneer
- Roof: Shingle
- Building Size: 14000
- Square Feet: 14,000
- Finished Above Grnd: 14,000 Sq. Ft.
- Year Built: 1970
Lot Features
- Lot Size (Acres): 1.7
- Lot Size (Sq. Ft.): 74,052
- Street/Road Desc.: Asphalt
- Lot Features: Cleared, Few Trees
- Zoning: MR5
Financial Considerations
- Tax Amount: $489
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 438549134000
- Lot Number: 30-31
Listed by Highgarden Real Estate NC, Ashley Hum (919) 616-5492
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Listing agent
— 210 Colonial Dr —
Ashley Hum
Highgarden Real Estate NC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 210 Colonial Dr
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Ferguson-Easley Elementary 1857 Seabrook Road, Fayetteville, NC 28301 | PK-5 | 1.1 mi |
Luther Nick Jeralds Middle 2517 Ramsey Street, Fayetteville, NC 28301 | 6-8 | 0.9 mi |
Terry Sanford High 2301 Fort Bragg Road, Fayetteville, NC 28303 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 210 Colonial Dr
Tax History
Tax History for 210 Colonial Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 210 Colonial Dr
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210 Colonial Drive, Fayetteville, NC 28301 (MLS# 10186622) is a Apartment property with 36 bedrooms and 21 full bathrooms. 210 Colonial Drive is currently listed for $1,650,000 and was received on August 07, 2026. Want to learn more about 210 Colonial Drive? Do you have questions about finding other Apartment real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.