Property listing for 2621 Fairwood Dr SE, Hudson, NC 28638
For SaleSingle Family Home

$90,000

2621 Fairwood Dr SE, Hudson, NC 28638

Brick Ranch on 0.67 Acre — Renovation Opportunity in Hudson

3 Bed · 1 Bath · 1,215 Sq Ft

Investor-friendly 3BR/1BA ranch with large lot and attached garage

3

Beds

1

Baths

1,215

Sq Ft

1971

Built

0.67 acres

Lot

2-car attached

Garage

About 2621 Fairwood Dr SE

This one-story brick ranch at 2621 Fairwood Dr SE announces its value from the lot—the deep, level 0.67-acre parcel gives rare breathing room for this part of Hudson and immediate scope for expansion, outdoor amenities, or a complete site reimagining. The home itself offers 1,215 square feet of single-level living: three bedrooms, one bathroom, an attached two-car garage and traditional brick construction that provides a solid starting point for rehabilitation.

Having toured the property, the single-level layout is straightforward and practical: a conventional floorplan with durable original finishes that will reward an investor or hands-on homeowner who’s ready to renovate. Systems include central air and forced-air heat; the roof is asphalt-shingle. The home is in poor condition and will require significant updates throughout—this is an intentional opportunity for someone looking to add value through cosmetic and mechanical upgrades, or more substantial reconfiguration.

Location is quietly functional. The house sits in a residential pocket of Hudson within easy reach of everyday conveniences: Hudson Elementary is about 1.7 miles away, Hudson Middle roughly 1.8 miles, and a Walmart Neighborhood Market less than a mile from the front door. Local restaurants such as BBQ Man are minutes away, and the Hickory-Lenoir-Morganton MSA commuter routes are within easy driving distance. These are the practical neighborhood anchors that support rental demand and resale after renovation.

From an investment standpoint, recent activity is instructive: the property sold in November 2025 for $67,500 and carries an assessed value of $54,300 for 2025. Comparable renovated homes in the immediate area have sold between roughly $245,000 and $295,000; a conservative valuation analysis places this home in the $85,000–$95,000 range in its current state, with a midpoint estimate of $90,000. Rental estimates suggest roughly $900/month in current market conditions, producing a gross yield near 12% before expenses—another pathway for buyers evaluating buy-and-hold strategies.

Key due diligence items: confirm lot dimensions and setback limits, assess the full scope of renovation work, verify zoning for potential additions, and obtain a professional inspection. Whether you’re an investor seeking a value-add project or a homeowner ready to rebuild on an exceptional lot, 2621 Fairwood Dr SE presents a clear opportunity to create meaningful equity in a steady, small-town market.

Home Highlights

Fixer-up / investment opportunityLarge 0.67-acre lot with expansion potentialAttached 2-car garageBrick ranch constructionSold Nov 2025 for $67,500 — strong acquisition basisEstimated rental income: $900/month (rent estimate)Central air and forced-air heatingConvenient proximity to schools and shopping

Property Features

Interior Features

  • 3 bedrooms, 1 bathroom
  • Single-story ranch layout
  • Central air and forced-air heating
  • Original durable finishes (in need of renovation)
  • 1,215 square feet of living area

Exterior & Lot

  • Brick construction
  • 0.67-acre level lot (29,185 SF)
  • Attached 2-car garage
  • Asphalt-shingle roof
  • Standard residential driveway from Fairwood Dr SE

Location & Neighborhood

  • Hudson Elementary School (1.7 mi)
  • Hudson Middle School (1.8 mi)
  • South Caldwell High School (4.1 mi)
  • Walmart Neighborhood Market (0.96 mi)
  • Local dining: BBQ Man Restaurant (0.5 mi)

Walkability & Recreation

  • Walkability Rating: 15/100 — Car-Dependent
  • Nearby parks and green spaces within a short drive
  • Local schools and shopping within 2 miles
  • Neighborhood streets suitable for walking and biking
  • Community recreational opportunities in the greater Hickory-Lenoir-Morganton area

Neighborhood & Location

Hudson is a small, steady town in Caldwell County that offers practical, family-oriented living with proximity to regional employment centers in the Hickory-Lenoir-Morganton MSA. The immediate area around Fairwood Drive is residential and quiet, with essential services—grocery, dining, and schools—within a few miles. Hudson Elementary is a well-rated neighborhood school, while middle and high school ratings are average. The community appeals to buyers seeking affordability, room for outdoor living, and short commutes to nearby towns for shopping, medical services, and recreation.

Market Insights

Hudson’s market is tilted toward buyers at the moment. Local market metrics show inventory at roughly 2.1 months and an average days-on-market near 98—indicators of a market with more choice and longer listing timelines than in a seller’s market. Median sale prices in the broader area sit near $254,000 with modest appreciation of about 0.05% over the past year and roughly 15% over five years, signaling slow but steady value growth. Single-family homes here perform variably by condition: turnkey or renovated properties command healthy prices and quicker sales (see nearby renovated comps at $245K–$295K), while houses needing work commonly remain available longer and require a value-add strategy.

For this particular property type—a small brick ranch in poor condition—now is a favorable moment for investors and renovators. Buyer-friendly conditions reduce acquisition competition; financing and contractor timelines can be negotiated more deliberately; and the large lot enhances upside through expansion or added site amenities. Rental demand in Hudson is stable, and rental comps suggest achievable monthly income near $900, supporting short-term cashflow scenarios. That said, prospective buyers should budget conservatively for renovation costs and timeline risk, and confirm property-specific details (inspection, zoning, boundaries) before committing.

Nearby Schools

Hudson Elementary School

Elementary · 1.7 mi

8/10

Hudson Middle School

Middle · 1.8 mi

4/10

South Caldwell High

High · 4.1 mi

4/10

Walkability & Recreation

15
Walkability
35
Recreation

Limited immediate park infrastructure but easy driving access to regional green spaces; local streets are walkable for short loops and schools, with broader hiking, biking, and golf options in the Hickory-Lenoir-Morganton region within a short drive.

Investment Highlights

  • Large 0.67-acre lot offers expansion potential
  • Attached 2-car garage adds value and convenience
  • Located near schools and essential amenities
  • Significant renovation potential for value appreciation
  • Stable market with modest appreciation trends

Key Findings

  • Property sold in November 2025 for $67,500
  • Assessed value of $54,300 for tax year 2025
  • Zoned Residential (R) in the Town of Hudson
  • Comparable sales suggest current value around $90,000
  • Located 1.7 miles from Hudson Elementary School

Things to Consider

  • Property requires significant renovations
  • Market is currently a buyer's market with longer days on market
  • Middle and high schools have average ratings
  • Limited public transportation options in the area

Opportunity Analysis

Brick ranch on large lot with significant renovation potential in a stable market. Proximity to schools and amenities enhances appeal. Post-renovation, the property could yield substantial returns through resale or rental income.

Potential Use Scenarios

  • Complete necessary renovations to increase property value
  • Consider adding outdoor amenities or expansions given the large lot size
  • Evaluate local rental market for potential income generation

Risk Factors

  • Extent of renovations required may be substantial
  • Buyer's market conditions may affect resale timeline
  • Average school ratings may impact family buyer interest

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$85K

Midpoint

$90K

High

$95K

$74/SF estimated price per square foot

75% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for condition and lot size. Assessed value of $54,300 appears below market.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$254,000
Avg Days on Market98 days
Inventory2.1 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)3,940
Median Income (1 mi)$43,585

Stable population with modest income levels. Walkability Rating estimate: 15/100.

Nearby Points of Interest

  • Hudson Elementary School (1.7 mi)
  • Hudson Middle School (1.8 mi)
  • South Caldwell High School (4.1 mi)
  • Walmart Neighborhood Market (0.96 mi)
  • BBQ Man Restaurant (0.5 mi)

Located in a quiet residential area with proximity to schools, shopping, and dining options.

School District

DistrictCaldwell County Schools
ElementaryHudson Elementary (8/10)
MiddleHudson Middle (4/10)
HighSouth Caldwell High (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1971
Constructionbrick
Stories1
Roofasphalt_shingle
Heatingforced air
Coolingcentral air
Basementnone
FireplaceNo
Conditionpoor

Lot & Site

Lot Size0.67 acres (29,185 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageStandard residential frontage on Fairwood Dr SE

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR
DescriptionResidential
JurisdictionTown of Hudson

Allowed Uses

single family residential
Current Usevacant
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$54,300
Land$11,100
Improvements$43,200
Annual Tax (2025)$401

Sale History

2025-11-21$67,500

$56/SF

Arm's length transaction

2025-11-19$17,000

$14/SF

Distressed sale

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