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309 Central Dr, Fayetteville, NC, 28301

2beds
1baths
800sqft
$75,000
$94price/sqft
$769/moest. monthly cost
$30,760/yrincome needed

About This Home

Investor special with strong upside potential! This 2-bedroom, 1-bath fixer-upper is conveniently located near Fort Bragg and just minutes from the growing and revitalized downtown Fayetteville area. Featuring a living room, separate dining room, and solid layout, this property is full of possibilities for investors, flippers, landlords, or buyers looking to create a cozy home with their own personal touch. Located near shopping, restaurants, schools, entertainment, and major highways, this home offers excellent rental and resale potential in an area seeing continued growth and development. Downtown Fayetteville continues to expand with new businesses, restaurants, entertainment, and revitalization projects, making this an excellent opportunity to invest in the future of the area. Property features include: 2 Bedrooms 1 Bathroom Living Room Separate Dining Room Convenient Location Minutes from Fort Bragg Close to Downtown Fayetteville Strong Investment Potential Great Rental Opportunity Bring your vision and creativity to restore this hidden gem! Property sold AS-IS. Priced to sell quickly.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
7/10
R Max Abbott MiddleGrades 6-82.7 mi
5/10
Terry Sanford HighGrades 9-121.8 mi

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Piers
  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Other,Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: None,Other
  • Cooling features: None

Interior Area

  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 0438329382

Features

  • Exterior features: Wood

Lot

  • Lot size: 7,840 sqft

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

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Wildfire

FEMA Declared Disasters in Cumberland County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$90$1,080
Property Taxes $100$1,200
Electricity $200$2,405
Total$769$9,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,365/yr
40% on housing$23,070/yr
45% on housing$20,506/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$94This listing

vs Other Active Listings

Avg $/sqft

ZIP 28301$95
Cumberland County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 28301$122
Cumberland County$148

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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Price change$80,000
2026-06-15Price change$75,000
2026-05-23Listed for sale$69,500

For Sale by Owner

AgentProperty Owner

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