Calling All Investors!! This is a very unique piece of property that has unlimited potential. There is a total of 12 rental units and 1 lot rental on this 54 acres. Homes are generating over $8000 a month. * * Important Note * * 2 of the homes, #1 and #5 encroach the neighbors property by about 10 ft according to the survey. The neighbors are aware and just want to leave things as is. Also, No other homes can be added to property without County approval. 4 wells service the properties. Land cannot be divided
Single-familyProperty Type
1987Year Built
2 spacesParking
Listed by Todd Averette• Coldwell Banker Advantage
Calling All Investors!! This is a very unique piece of property that has unlimited potential. There is a total of 12 rental units and 1 lot rental on this 54 acres. Homes are generating over $8000 a month. * * Important Note * * 2 of the homes, #1 and #5 encroach the neighbors property by about 10 ft according to the survey. The neighbors are aware and just want to leave things as is. Also, No other homes can be added to property without County approval. 4 wells service the properties. Land cannot be divided
LPRMLS #TR2431370
Apr 12, 2022
Listed
$1,200,000
TMLS #2265738
Oct 25, 2019
Sold
$700,000
Oct 25, 2019
Sold
$700,000
Jul 19, 2019
Pending
—
Jul 8, 2019
Listed
$750,000
Jul 8, 2019
Listed
$750,000
TMLS #2175031
Oct 16, 2018
Listing Removed
—
Aug 1, 2018
Price Changed
$872,000
Apr 26, 2018
Price Changed
$995,000
Feb 25, 2018
Listed
$1,025,000
TMLS #2175033
Oct 16, 2018
Listing Removed
—
Aug 1, 2018
Price Changed
$158,000
Apr 26, 2018
Price Changed
$169,000
Feb 25, 2018
Listed
$175,000
Year
Property tax
Land + Additions
Assessment*
2025
$14,008 (+1.7%)
$808,704 + $1,136,474
$1,945,178
2024
$13,769 (+27.8%)
$808,704 + $1,136,474
$1,945,178
2023
$10,772 (+0.7%)
$424,454 + $740,853
$1,165,307
2022
$10,695 (+10.5%)
$424,454 + $740,853
$1,165,307
2021
$9,682
$424,454 + $707,634
$1,132,088
2020
$9,682 (−0.6%)
$424,454 + $707,634
$1,132,088
2019
$9,738 (+0.3%)
$425,816 + $707,634
$1,133,450
2018
$9,713 (+4.4%)
$425,816 + $707,634
$1,133,450
2017
$9,300
$457,615 + $577,197
$1,034,812
2016
$9,301 (+6.3%)
$457,615 + $577,197
$1,034,812
2014
$8,750
$457,615 + $577,197
$1,034,812
Tax history for 2705 Walters Rd
Year
Property tax
Land + Additions
Assessment*
2025
$14,008 (+1.7%)
$808,704 + $1,136,474
$1,945,178
2024
$13,769 (+27.8%)
$808,704 + $1,136,474
$1,945,178
2023
$10,772 (+0.7%)
$424,454 + $740,853
$1,165,307
2022
$10,695 (+10.5%)
$424,454 + $740,853
$1,165,307
2021
$9,682
$424,454 + $707,634
$1,132,088
2020
$9,682 (−0.6%)
$424,454 + $707,634
$1,132,088
2019
$9,738 (+0.3%)
$425,816 + $707,634
$1,133,450
2018
$9,713 (+4.4%)
$425,816 + $707,634
$1,133,450
2017
$9,300
$457,615 + $577,197
$1,034,812
2016
$9,301 (+6.3%)
$457,615 + $577,197
$1,034,812
2014
$8,750
$457,615 + $577,197
$1,034,812
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
54.02 Acres
Year renovated
1975
Sq. Ft.
1,536
Year built
1900
Style
Single Family Residential
County
Granville County
APN
3449
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
AR-40
Agricultural Residential-40
The AR-40 district is established to promote a compatible mixture of agricultural, forestry, conservation and very-low-density residential uses where few public services will be available. Protection of the environment, preservation of prime farm land, and the continuation of rural lifestyles are goals this district seeks to attain.
Cooling Information: Central Air, Heat Pump, Window Unit(s)
Location
Multi-Family Financial Information
Number Of Units Total: 12
Owner Pays: None
School Information
Elementary School: Granville - Mount Energy
High School: Granville - S Granville
Location Information
County Or Parish: Granville
Directions: From Creedmoor take Hwy 56 East for 3 miles, turn right on Walters Rd and property is 1/2 mile up on the right and left sides of the road and then left on Les Paul Rd.
Latitude: 36.130765
Longitude: -78.62769
Postal Code: 27522
Road Frontage Type: Private Road, Other
Road Surface Type: Unimproved
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,536
Stories: —
Lot Size: 54.02 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1975
County: Granville County
APN: 3449
Home facts updated by county records on Sep 9, 2026
Other
Listing Date Information
Contract Status Change Date: 2022-08-02
Documents Change Timestamp: 2023-11-28T23:41:22Z
Photos Change Timestamp: 2023-11-28T23:40:59Z
Around this home
Schools
Wilton Elementary
Public PreK-5 • Assigned • 2.9mi
7/10
G C Hawley Middle
Public 6-8 • Assigned • 2.8mi
4/10
South Granville High School
Public 9-12 • Assigned • 2.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Creedmoor, NC • 27522
Average low and high temperatures (°F)
48
28
54
34
70
45
77
53
79
58
90
67
91
73
82
66
80
63
72
50
65
43
53
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
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