$200,000
About this home
Investors, here's your chance to buy a great cash flowing property just outside of Uptown Charlotte! Only 1 mile to the French St Gold Line Station which connects you to Uptown, Elizabeth and Plaza Midwood. Just over a mile to Johnson C Smith University and less than 3 miles to Uptown Charlotte, this area is already seeing tear downs for new construction and a business corridor that is growing and changing with new investment. Tenant in place through June '27, no rental prep needed and immediate stream of cash flow already in place. Tenant pays $1,450/mo in rent, equating to roughly 8.7% gross rent yield. It is very hard to find properties anywhere in Charlotte proper for $200k, much less in a neighborhood with huge upside! Great opportunity for investors looking for a solid 2-bedroom, 2-bathroom brick property with immediate cash flow. An excellent addition to your rental portfolio! Property does have an active tenant in place until June 30, 2027.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4422684
- Property type
- Single Family Residence
- Subdivision
- Biddleville Heights
- Status
- Active
- Days on market
- 18
- On market date
- October 2, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 308
- Student:teacher ratio
- 11.8:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 854
- Student:teacher ratio
- 14.7:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 166
- Student:teacher ratio
- 41.5:1
- District
- Charlotte-Mecklenburg Schools
Walkability
Blended score for Charlotte's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Charlotte, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 3 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.