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$1,250,000

Charlotte, NC 28206
Listed by Zach Britt · Britt Commercial Real Estate, LLC
Bedrooms
17
Bathrooms
11
Living area
6,517 sqft
Year built
1963

About this home

This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

Property details

MLS #
CAR4339842
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
January 22, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Druid Hills Academy
1.11 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
299
Student:teacher ratio
9.1:1
District
Charlotte-Mecklenburg Schools
Middle
Ranson Middle
2.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
854
Student:teacher ratio
14.7:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
6.2 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
166
Student:teacher ratio
41.5:1
District
Charlotte-Mecklenburg Schools

Mortgage calculator

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated January 23, 2026.

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.