$389,900

209 Mill St A/B Unit A/B Creedmoor, NC 27522

$4,630
Closing credit¹
6 beds
2 full, 2 partial
2,476 sqft
0.5 acres
$157 / sqft
Multi-Family

Property details

About 209 Mill St A/B

ATTENTION INVESTORS! Rare Duplex (1of 5 being offered by this seller) in Creedmoor at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Creedmoor is a convenient small town to live in close to everything in downtown or a quick drive down HWY 50 to North Raleigh or out to HWY 85 and over to Durham or Chapel Hill. Being offered 100% occupied with substantially below market rents. New owners could do minor CAP X improvements like flooring and paint and push rents, or remodel the kitchen and bathrooms as well and push rents even higher and realize up to a 9.8% cap rate at the market rent of $1795 per side (estimate) fully upgraded. The current owners have made significant upgrades over the last 5 yeas with over $25K in renovations including refinished decks 2024, New HVAC systems 2020 and some new appliances. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Highlights

Home typeDuplex
HeatingElectric
StatusActive
CoolingElectric
Size2,476 sqft
Lot size0.54 Acres
Year built2003
MLS #10086712

Summary

  • MLS Number: 10086712
  • MLS Name: Doorify MLS
  • Office Name: Keller Williams Elite Realty
  • Office Phone: (984) 244-5830
  • Office Email: thobbs1234@gmail.com
  • Listing Agent: Matt Perry, Shawn Carter

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. 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.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with crawl space

$389,900

209 Mill St A/B

$4,630

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

2

Creedmoor Elementary School

Public District PK-5

0.4 mi

305 E Wilton Ave

3

Mount Energy Elementary School

Public District PK-5

2.7 mi

2652 Hwy 56

6

Butner - Stem Elementary School

Public District PK-5

4.3 mi

201 E D St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,578. The majority of Unit A/B Creedmoor, NC residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

44%
<35k
48%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 209 Mill St A/B in Unit A/B Creedmoor, NC and zip code 27522. This 2,476 square foot home, which was built in 2003, sits on a 0.54 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $389,900.

While more than 1 listings in Unit A/B Creedmoor, NC in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Unit A/B Creedmoor, NC increased by 8.8% between February and March 2025. The median list price of listings available in March 2025 was $365,000, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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