309 Morgan StreetWadesboro, NC 28170Price: $499,000

  • Price: $499,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $499,000List Price
  • 8Bedrooms
  • 8Bathrooms
  • 0.39Acreage
  • 5,093Square Feet

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Listed by Drew Tatum of COMPASS (tatumsellscharlotte@gmail.com)
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.

Property Details of 309 Morgan Street

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