$399,500
About this home
INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room. A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside. 4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch—a top amenity. Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!
Property details
- MLS #
- CAR4377457
- Property type
- Duplex
- Subdivision
- Lake Plaza
- Status
- Active
- Days on market
- 33
- On market date
- May 3, 2026
- Stories
- 1
- 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 679
- Student:teacher ratio
- 16.6:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 957
- Student:teacher ratio
- 19.1:1
- 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 June 5, 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.