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USANCFayettevilleArran Lakes5623 Shenandoah Dr
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5623 Shenandoah Dr, Fayetteville, NC

House

For Sale

Listed price in listed location currency (USD).
$300,000

430
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2066 sqft
Garage Yes
Taxes 
Days Active 20
Lot Size 
Approx. Age 1974
Avg. Price Per Sqft $145
MLS® Number 750449

Property Address: 5623 Shenandoah Dr, Fayetteville, NC, 28304-2046

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special! This 4 bedroom, 2.5 bathroom home is already producing income with a long-term tenant in place at $2, 200 per month, generating $26, 400 annually under a lease secured through March 2026. Priced at $300, 000, this property offers investors a strong return with a gross cap rate of approximately 8.8% and an estimated net cap rate in the 6.8–7% range after typical expenses. Inside, you’ll find durable LVP flooring throughout, an updated kitchen with stainless steel appliances, and modernized bathrooms. The home also features a spacious double-car garage, a fenced backyard, and a recently replaced HVAC system for added peace of mind. With steady rental income, attractive returns, and thoughtful updates already completed, this home is a true turnkey investment opportunity.
MLS® Number750449
Laundry LevelWasher Hookup, Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.31
Exterior
GarageYes
Approx. Age1974
BasementCrawl Space
DrivewayAttached, Garage
Garage Spaces
Heat
A/CCentral Air
Heating Fuel

Extras

Refrigerator

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 19, 2025List Date
$300,000List Price

Home Appraisal

This property is estimated to sell between: $205,000 and $348,000.
Similar properties in this area sold on average for: $205,088
Expected to sell in 56 days. Similar properties sold in 76 days. This home has been on eXp Commercial Brokerage for 20 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
5623 Shenandoah Dr, Fayetteville, NC

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