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230 Maple Dr #230/232, Oxford, NC, 27565

4beds
2baths
1,296sqft
$179,999
$139price/sqft
$1,292/moest. monthly cost
$51,680/yrincome needed

About This Home

Rare opportunity to acquire a fully leased, income-producing duplex tucked away on a quiet dead-end street just minutes from downtown Oxford. Recently reduced and strategically priced to sell, this property now offers an attractive 7.80% cap rate, making it a standout option for investors seeking dependable returns with future upside. Conveniently located near shopping, dining, and everyday amenities, the duplex is well positioned for steady, long-term rental performance in a growing market. Each unit features 2 bedrooms and 1 full bath, with both sides currently leased on month-to-month terms--providing immediate cash flow along with flexibility for future rent adjustments. Unit 230 has been tenant-occupied since May 2018 and was refreshed that same year with updated paint, flooring, stove, and refrigerator. Unit 232 has been occupied since April 2021 and received new interior paint in 2021, with flooring, stove, and refrigerator previously updated in 2015. With stable occupancy history and rents still below market value, the property presents clear opportunity for increased returns over time. Situated in a peaceful, private setting yet close to town conveniences, this duplex offers the appeal of low-maintenance ownership paired with strong income performance. Whether expanding an established portfolio or entering the rental market, this is a value-driven opportunity worth securing. Interior photos were taken prior to tenant occupancy. Tenants require 48 hours' notice for all showings. Showings must be coordinated with the leasing office and are available Monday through Friday from 10 AM to 4 PM. Additional financials are available upon request--contact Jessica for more details or to schedule a showing.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

5/10
West Oxford ElementaryGrades PK-51.9 mi
3/10
4/10
J F Webb HighGrades 9-122.8 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,296

Heating & Cooling

  • Heating features: Ductless,Wall Furnace
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,296
  • Total interior livable area: 1,296 sqft

Property

Details

  • Parcel number: 192205083380
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2