Single Family Residence at Charlotte
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$400,000

Charlotte, NC 28214
Listed by JoAnna Lowe · Yellow Door Agency
Bedrooms
5
Bathrooms
3
Living area
3,939 sqft
Year built
1946

About this home

Unlock the potential of over 3,000 sq. ft. of versatile space in this partially renovated commercially zoned multifamily property—perfect for investors, developers, or entrepreneurs seeking their next high-return project in one of Charlotte’s rapidly growing corridors. Situated on bustling Old Mt Holly Rd, this property features multiple spacious rooms, flexible layout options, and a separate upstairs apartment ideal for rental income, office space, or short-term housing. Renovations have been started, giving you a head start—bring your vision and complete the transformation exactly the way you want. With C-zoning in place, the possibilities are truly endless: ?? Multi-unit residential conversions ?? Office suites or co-working spaces ?? Assisted living or group care facility ?? Boutique service business ?? Short-term or mid-term rentals ?? Mixed-use potential Large square footage, established commercial zoning, and proximity to I-485, Hwy 16, and Mountain Island Lake make this a strategic investment in a high-demand area. Continue the renovation and watch your value grow! If you’re looking for your next profitable project in Charlotte, this is it—flexible, spacious, centrally located, and full of opportunity. Don’t miss out on this rare gem. Investors, bring your creativity and capitalize on the upside!

Highlights

Fireplace

Property details

MLS #
CAR4395863
Property type
Single Family Residence
Subdivision
none
Status
Active
Days on market
1
On market date
June 21, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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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).

Elementary
Paw Creek Elementary
0.63 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
727
Student:teacher ratio
16.2:1
District
Charlotte-Mecklenburg Schools
Middle
Coulwood STEM Academy
1.5 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
625
Student:teacher ratio
13.9:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
12 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

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).

31
Car-dependent
out of 100
EPA National Walkability Index
5.0 / 20 -- Least walkable
Google Places amenity density
40 / 100
Restaurants & cafes2
Grocery stores2
Parks1
Schools2
Transit stops11
Pharmacies0

Market position

How this listing compares to current activity in Charlotte, from live MLS data.

On the market 1 days -- 71 fewer days than Charlotte's current average of 72 days.
For reference, the median list price across 3,662 active listings in Charlotte right now is $399,337.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,559/mo
$80,000 down
$320,000 loan
Principal & interest$2,076
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 22, 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.