Photo 1 - 816 Commerce Street, Fayetteville, NC 28305, Fayetteville
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13 photos

$129,900

816 Commerce Street, Fayetteville, NC 28305
Fayetteville, NC 28305
Listed by AMY REYNOLDS · ACE REAL ESTATE
Bedrooms
3
Bathrooms
1
Living area
N/A
Year built
1976

About this home

$129,900 + INCOME-PRODUCING OPPORTUNITY! Whether you're looking to add a solid rental property to your investment portfolio or searching for a well-maintained 3-bedroom home, this one deserves a look!This 3-bedroom, 1-bath home has been well cared for and features several major updates completed within the last three years, including new flooring throughout, a new HVAC system, new stove, and new refrigerator—giving buyers peace of mind on some of the home's most important components.For investors, here's an added bonus: the property is already tenant occupied with a long-term tenant who has called this home for nearly 20 years! The current lease runs through May 12, 2027, offering the opportunity to purchase an established rental property with a tenant already in place.Conveniently priced at $129,900, this could be a great addition to an existing rental portfolio or an opportunity for someone looking to begin investing in real estate.Investor-friendly features include:3 bedrooms / 1 full bathLong-term tenant in placeLease through May 12, 2027New HVAC within the last 3 yearsNew flooring throughout within the last 3 yearsNew stove and refrigerator within the last 3 yearsWell-maintained propertyRental ledger available in TransactionDesk with disclosuresPLEASE DO NOT DISTURB TENANT. All showings are by appointment only and require a minimum of 24-hour notice. No Sunday showings will be approved.

Property details

MLS
Doorify MLS
MLS #
LP764424
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
112
On market date
June 23, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Alma O Easom Elementary
0.99 mi away · Grades 0-1
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
213
Student:teacher ratio
11.2:1
District
Cumberland County Schools
Middle
Reid Ross Classical Middle
3.91 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
243
Student:teacher ratio
13.5:1
District
Cumberland County Schools
High
Cross Creek Early College
1.92 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
246
Student:teacher ratio
18.9:1
District
Cumberland County Schools

Walkability

Blended score for Fayetteville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks5
Schools7
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Fayetteville, from live MLS data.

On the market 112 days -- 19 fewer days than Fayetteville's current average of 131 days.
For reference, the median list price across 1,877 active listings in Fayetteville right now is $209,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$932/mo
$25,980 down
$103,920 loan
Principal & interest$674
Property tax (est.)$108
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.