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Bld 2 Rice Street

Landis, NC 28027

15 beds
12.5 baths
6,140 sqft
~3/4 acre lot
$187 per sqft
2025 build
– on site

Introducing The Townes at Landis, a rare investment opportunity in a boutique community featuring five individually metered townhomes. Each unit offers 3 spacious bedrooms, 2.5 bathrooms, and approximately 1,392 square feet of well-designed living space. Ideal for attracting long-term tenants or maximizing rental income. These low-maintenance townhomes are move-in ready with modern finishes, open-concept layouts, and stainless steel appliances in every kitchen. With strong rental demand and limited inventory in the area, The Townes at Landis offers an excellent opportunity for steady cash flow, minimal upkeep, and long-term equity growth. Investors can purchase and lease all five units, creating a fully managed, income-producing portfolio from day one. Don’t miss your chance to own a high-performing asset in a growing market. Schedule a private showing and explore the income potential today.

Listing courtesy of Canopy MLS / CEDAR REALTY LLC

Last checked: Checking… • Last updated May 27, 2025 •

MLS# 4261266 —

The Building

Year Built:

2025
New Construction:

true
Construction Type:

Site Built
Subtype:

Fiveplex
Construction Materials:

Stone, Vinyl
Builder Name:

Prespro
Builder Model:

Eastlake
# of Units Total:

5
Roof:

Shingle
Foundation Details:

Slab
Stories:

2
Basement:

false
Building Area Total:

6140
Above Grade Finished Area:

6140

Interior

Living Area:

6140
Fireplace:

false

Location

Directions:

GPS driving directions to townhomes are 225 E Rice Rd. Landis, NC
Latitude:

35.54313712
Longitude:

-80.61290065

The Property

Type:

Residential Income
Lot Size Area:

0.85
Lot Size Units:

Acres
Zoning Specification:

Res
Exterior Features:

Lawn Maintenance
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Asphalt, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

610622331789

Beds

Bedrooms Total:

15

Baths

Full Baths:

10
Half Baths:

5

The Listing

Special Listing Conditions:

Third Party Approval, None

Heating & Cooling

Heating:

Central, Electric
Cooling:

Ceiling Fan(s), Central Air

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
Laundry Features:

Laundry Closet

Schools

Elementary School:

Landis
Middle School:

Corriher-lipe
High School:

South Rowan

The Community

Subdivision Name:

E Rice Street Townhomes
Association Fee:

$60
Association Fee Paid:

Monthly
HOA Subject To:

Required
Senior Community:

false
Pets Allowed:

Yes, Cats OK, Dogs OK
Development Status:

Completed

Parking

Parking Features:

Assigned, Parking Lot
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

true
Open Parking Spaces:

14
Assigned Spaces:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/27/25 May 27, 2025	Listed / Active	CMLS	$1,149,900

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Newest listings in Landis, NC

This multifamily located in Landis, NC 28027 is currently for sale for $1,149,900. Bld 2 Rice Street is a 6,140 square foot multifamily with 15 beds and 12.5 baths that has been on Estately for 19 days. This multifamily is in the attendance area of Landis Elementary School, Corriher Lipe Middle School, and South Rowan High School.

Based on information submitted to the MLS GRID as of 6/15/2025 3:21 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.