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210 Colonial Drive, 
Fayetteville, NC 28301

$1,650,000

36

Beds

21

Baths

14,000

Sq Ft

Multi-Family

Active

Listed by

Ashley Hum

Highgarden Real Estate Nc

336-414-5553

Last updated:

September 14, 2026, 03:59 PM

MLS#

10186622

Source:

RD

Source MLS Verified

About This Home

210 Colonial Drive

24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only two units (#15 and #16) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. Property Note / CapEx: Roof Replacement: The colonial property has a new roof August 2026! There are four vacant units that can be viewed, 2 at Colonial and 2 Fayette. $300,000 in renovations!

Home Facts

Multi-Family

21 Baths

36 Bedrooms

Built in 1970

Subdivision & Development:

Not in a Subdivision

Price Summary

1,650,000

$117 per Sq. Ft.

MLS #:

10186622

Last Updated:

September 14, 2026, 03:59 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

36

Bathrooms

Total Bathrooms:

21

Full Bathrooms:

21

Interior

Living Area:

14,000 Sq. Ft.

Structure

Structure

Building Area:

14,000 Sq. Ft.

Year Built:

1970

Lot

Lot Size (Sq. Ft):

74,052

Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$117 per Sq. Ft.

MLS Logo
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Danny Misenheimer

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.