Fayetteville Home With Private Yard and Newer A/C Listed for $105,000

A compact single-story home in Fayetteville, North Carolina, is currently on the market for $105,000, offering two bedrooms, a private yard and an existing tenant lease that could make the property especially interesting to investors.

Located at 5112 Cannon Street in the Bonnie Doone area, the home was built in 1942 and provides approximately 750 square feet of finished living space.

The residence includes two bedrooms and one full bathroom, with all of the living space located on a single level.

At the current asking price, the property works out to approximately $140 per square foot.

One of the most important details for prospective buyers is that the property is currently tenant occupied.

According to the listing, the existing lease runs through August 2027.

That means buyers looking for an immediate primary residence should carefully review the lease terms and occupancy situation before making an offer. For an investor, however, having a tenant already in place could reduce the need to immediately search for a renter after closing.

Inside, the home uses a smart open layout designed to make efficient use of its relatively compact 750-square-foot footprint.

The living area connects naturally with the functional kitchen space, while both bedrooms are described as well proportioned.

Laminate flooring is used inside the residence.

The kitchen comes with a free-standing refrigerator and range already included.

Another important improvement is the air-conditioning system.

The seller specifically highlights a newer A/C unit, which may be appealing to buyers evaluating the mechanical systems of an older home.

Heating is supplied by a heat pump, while electric cooling serves the property.

Outside, the home sits on approximately 5,227 square feet of land, or about 0.12 acres.

The lot includes front and rear yard space along with a relatively private outdoor setting.

For buyers who enjoy gardening, outdoor seating or simply having some green space around the home, the yard could provide useful flexibility.

There is no garage or carport, but the property includes two open parking spaces.

The home features vinyl siding, a shingle roof and a block foundation.

Public water serves the residence, while wastewater is handled through a septic system.

There is no homeowners association.

The property officially returned to the market on August 17, 2026, at $105,000.

Its recent pricing history shows that it had previously been offered for $109,900 in December 2025 before being reduced to $107,900 later that month and eventually removed from the market.

The home was then offered for rent in June 2026 at $949 per month before returning as an active for-sale listing.

Going further back, the property had been listed for $123,900 in August 2024 and received a series of reductions before reaching its current price.

For a buyer searching for a large family home, the 750-square-foot footprint may feel limited.

But for someone interested in a lower-priced Fayetteville property with an existing tenant, manageable yard and simple single-level layout, the listing offers a different kind of opportunity.

With two bedrooms, one bathroom, a newer A/C system, private yard and tenant lease already in place through August 2027, 5112 Cannon Street is currently available for $105,000.

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Listed on Zillow

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