INNOVATE
Real Estate
301 N Fulton St
328 W Liberty
Corner lot
Brick house
Unit #1
photo 6
Den- Ai Staged
photo 8
Den
Bedroom - AI Staged
photo 11
Unit 1 Bedroom
Unit 1 Kitchen
photo 14
photo 15
photo 16
Dining Room
Vasher and Dryer space
AI Staged
Unit 2 Dinning room
Studio #1
Studio #1
Studio #1
Studio #1
Full Bath
Unit #2
Unit 2
Unit #2 Bedroom AI staged
AI Staged
Unit 2
Unit 2 Kitchen
Unit 2 Full Bath
Studio #2
photo 34
Studio 2 kitchenette
Studio 2
Studio 2
Studio 2 Full Bath
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photo 40
Court Yard
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Basement
Basement
Cleared with AI - Feature Studio Apartment
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46 photos

$490,000

Salisbury, NC 28144
Listed by Maia J Smith · Freedom Living Realty
Bedrooms
4
Bathrooms
4
Living area
2,935 sqft
Year built
1953

About this home

Rare opportunity in the heart of Salisbury! This versatile property features four distinct living spaces, offering immediate cash flow with significant value-add potential. Originally constructed as a single-family residence, it has been reconfigured to accommodate a large multigenerational family, a thriving rental portfolio, or a live-work setup. Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area. Two Efficiency Studio Units: Each offers a 1BR/1BA setup with a convenient kitchenette—perfect for traveling nurses, short-term rentals, or quiet professional office suites. Expansion Potential: The walk-out basement features full-sized windows and private exterior doors, ready to be finished into a 5th income-producing unit. Whether you want to house-hack, host a multi-generational family, or maximize your rental yield, this property offers incredible flexibility. Bring your vision and explore the massive potential!

Property details

MLS #
CAR4377308
Property type
Fourplex
Subdivision
None
Status
Active
Days on market
30
On market date
May 5, 2026
Stories
1
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Overton Elementary
1.24 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
273
Student:teacher ratio
13.0:1
District
Rowan-Salisbury Schools
Middle
Knox Middle
1.09 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
517
Student:teacher ratio
16.7:1
District
Rowan-Salisbury Schools
High
Rowan Co Early College
2.42 mi away · Grades 9-12
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
239
Student:teacher ratio
26.6:1
District
Rowan-Salisbury Schools

Mortgage calculator

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Est. monthly payment
$3,101/mo
$98,000 down
$392,000 loan
Principal & interest$2,543
Property tax (est.)$408
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.