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$350,000 Just Listed
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Property Description
Discover the income-producing potential of 3686 Cook Rd W, Valdese, NC! Situated on approximately 2.44 acres, this established 5-unit mobile home park offers immediate rental income along with exciting possibilities for future growth. Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit-providing an estimated $3,750 in gross monthly rental income at full occupancy. Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system. What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements. Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential. 5 Rental Units "¢ 2 BR / 1 BA Each "¢ Approx. 2.44 Acres "¢ Separately Metered Utilities "¢ Approx. $3,750 Gross Monthly Rent at Full Occupancy "¢ Potential for Additional Development
Full Property Details
Full Property Details for 3686 Cook Road W
General
- Price: $350,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4419474
- Updated: 8/31/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Other - See Remarks
Parking
- Parking Features: Driveway
Location
- County: Burke
School Information
- Elementary School: Drexel
- Middle School: Heritage
- High School: Jimmy C Draughn
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Septic Installed
- Water: Public
Structural Information
- Construction: Manufactured
- Exterior Const.: Aluminum
Lot Features
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 2723611317
- Lot Number: 2576/333
Listed by C Shane Cook & Associates
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Schools
Schools serving 3686 Cook Road W
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Drexel Primary 100 Alta Vista Street, Morganton, NC 28655 | PK-5 | 1.2 mi |
Heritage Middle, Valdese, NC 1951 Enon Road, Valdese, NC 28690 | 6-8 | 2.5 mi |
Jimmy C. Draughn High School 709 Lovelady Road Northeast, Valdese, NC 28690 | 9-12 | 4.3 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 3686 Cook Road W
Date
Details
Price
Change
Source
8/31/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3686 Cook Road W
3686 Cook Road W, Valdese, NC 28690 (MLS# 4419474) is a Single Family property with 10 bedrooms and 5 full bathrooms. 3686 Cook Road W is currently listed for $350,000 and was received on August 31, 2026. Want to learn more about 3686 Cook Road W? Do you have questions about finding other Single Family real estate for sale in Valdese? You can browse all Valdese real estate or contact a Coldwell Banker agent to request more information.

