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141 Cardinal Lane, 
Henderson, NC 27537

$148,500


3

Beds


2

Baths


1,512

Sq Ft


Multi-Family

Active

Listed by

Jessica Taylor Landes

Taylor Realty & Investment Grp

919-524-4152

Last updated:

October 29, 2025, 03:39 PM

MLS#

10128108

Source:

RD

About This Home

141 Cardinal Lane

Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years - most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs. Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request - contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1999

Price Summary

148,500

$98 per Sq. Ft.

MLS #:

10128108

Last Updated:

October 29, 2025, 03:39 PM

Added:

19 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,512 Sq. Ft.


Structure

Structure

Building Area:

1,512 Sq. Ft.

Year Built:

1999


Lot

Lot Size (Sq. Ft):

39,204


Finances & Disclosures

Finances

Price:

$148,500

Price per Sq. Ft:

$98 per Sq. Ft.

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