1103 N Elm St, Lumberton, NC, 28358
About This Home
***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: •New duct works under home •New disposal in kitchen •New paint in several rooms •New HVAC in the cottage •New drain lines for the cottage •Extensive landscaping and driveway improvements; 307 W 18th St: •Complete remodel of a main suite •addition of Complete bath and walk-in closet •New floors throughout •New paint and wallpaper throughout •New drive-through and parking lot in back of house •New siding •paint on the back of the home. •Upgrades to all bathrooms; 840 Jane Street: •New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable at: https://tinyurl.com/28358dz
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Good Condition
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Property
Details
- Parcel number: 322705013
- Special condition: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Tornado
- Earthquake
- Inland Flooding
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Robeson County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $1,345 | $16,140 |
| Property Taxes | $1,071 | $12,852 |
| Electricity | $200 | $2,405 |
| Total | $10,200 | $122,400 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $1,500,000 |
| 2026-03-25 | Pending sale | $1,500,000 |
| 2025-11-21 | Listed for sale | $1,500,000 |
| 2024-07-01 | Listing removed | -- |
| 2024-05-28 | Price change | $1,295,000 |
| 2024-01-28 | Price change | $1,395,000 |
| 2023-12-29 | Listed for sale | $1,495,000 |
| 2023-01-11 | Listing removed | -- |
| 2023-01-05 | Listed for rent | $1,500 |
| 2022-07-11 | Sold | $229,900 |
| 2022-05-14 | Pending sale | $229,900 |
| 2022-05-12 | Listed for sale | $229,900 |
| 2021-03-17 | Listing removed | -- |
| 2016-11-17 | Listing removed | $169,900 |
| 2016-09-22 | Listed for sale | $169,900 |
| 2016-06-29 | Listing removed | $179,900 |
| 2016-02-04 | Listed for sale | $179,900 |
| 2014-04-08 | Listing removed | $1,275 |
| 2014-01-28 | Price change | $1,275 |
| 2013-12-29 | Listed for rent | $1,350 |
| 2011-06-30 | Sold | $152,500 |
| 2011-02-15 | Sold | $40,000 |
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