FRONT
ENTRY
Bedroom 1
Bedroom 1
Bedroom 2
Bedroom 2
Bedroom 3
Front Room
Kitchen and Front Rm
Master Bth
Master Bedroom
Master Bedroom
Master BR Hallway
Hall Bathroom
Hall Bathroom
Kitchen
Kitchen
Kitchen
18 photos

$295,500

Monroe, NC 28110
Listed by Val Bowser · Coldwell Banker Realty
Bedrooms
4
Bathrooms
2
Living area
1,484 sqft
Year built
1960

About this home

TURNKEY INVESTMENT OPPORTUNITY – FULLY RENOVATED 4-BEDROOM RENTAL Now Offered at $295,500 Investor and 1031 Exchange Opportunity! This extensively renovated 4-bedroom, 2-bath home offers immediate rental income, major system upgrades, and long-term appreciation potential in one of Union County's growing residential markets. Completely rebuilt and renovated from the foundation to the roof, the property has undergone significant improvements including a new roof, HVAC system, electrical, plumbing, insulation, drywall, flooring, windows, doors, fixtures, and finishes throughout. These extensive upgrades help minimize future maintenance costs and provide the benefits of a substantially newer home. The spacious floor plan features four bedrooms, two full baths, and a beautifully updated kitchen with granite countertops, modern soft-close cabinetry, and contemporary finishes throughout. Conveniently located near downtown Monroe, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand and continued area growth. Property is currently tenant occupied and generating rental income under an existing lease. SELLER INCENTIVES: • Seller will contribute up to $3,000 toward buyer closing costs for cash purchases closing within 10 days. Whether you are seeking a 1031 exchange replacement property, expanding your rental portfolio, or looking for a low-maintenance income-producing asset, this property offers exceptional value at today's pricing. Lease information and operating expenses available during due diligence.

Property details

MLS #
CAR4356393
Property type
Single Family Residence
Subdivision
Plyler Heights
Status
Active
Days on market
21
On market date
March 11, 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
Benton Heights Elementary
1.11 mi away · Grades -1-5
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
500
Student:teacher ratio
10.6:1
District
Union County Public Schools
Middle
Monroe Middle
1.09 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
988
Student:teacher ratio
18.3:1
District
Union County Public Schools
High
Central Academy of Technology and Arts
2.18 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
809
Student:teacher ratio
18.4:1
District
Union County Public Schools

Mortgage calculator

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Est. monthly payment
$1,930/mo
$59,100 down
$236,400 loan
Principal & interest$1,533
Property tax (est.)$246
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 4, 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.