# 309 Morgan Street, Wadesboro, NC 28170

> **TL;DR:** 8bd/8ba single family, $499,000 ($98/sqft), built 1890, 5,093 sqft.
> A/C. Est. $2,162/mo. Listed 74 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Price/sqft | $98 |
| Bedrooms | 8 |
| Bathrooms | 8 full |
| Square Feet | 5,093 |
| Year Built | 1890 |
| Lot Size | 16,988 sqft (0.39 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 74 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,162 |
| **Total** | **$2,162** |

## Nearby Schools

- **Elementary:** Wadesboro Primary
- **Middle:** Anson Middle
- **High:** Anson Early College

## Key Amenities

- A/C

## Property Highlights

- Built in 1890
- 0.39 acre lot
- 2 stories

## Description

### Agent Description
Beautiful historic home that has been converted to 8 apartments within walking distance to downtown Wadesboro. Currently generating over $59k in net cash flow generating over an 11% Cap rate!!! This building has maintained much of it's charm over the years with original hardwood floors and other classic accents throughout the building. Currently 8 of the apartments are occupied and many have been painted and refurbished. Most of the tenets have lived at this property for over a year. This property is a great opportunity for a savvy investor or anyone who loves big historic homes.

## Location

- **Address:** 309 Morgan Street, Wadesboro, NC 28170
- **County:** Anson
- **Coordinates:** 34.965077, -80.080088
- **Google Maps:** https://www.google.com/maps?q=34.965077,-80.080088

## Listing Agent

- **Name:** Drew Tatum
- **Brokerage:** COMPASS
- **Phone:** 9194511509
- **Email:** tatumsellscharlotte@gmail.com

## Primary Photo

![309 Morgan Street - Primary Photo](http://lh.rdcpix.com/ca9e58169504c34ba17085c9a4958328l-f3472402255r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/309-morgan-street-wadesboro-nc-28170-4356330)*

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**MLS#:** 4356330 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/309-morgan-street-wadesboro-nc-28170-4356330)

---

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