$2,950,000
About this home
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4399631
- Property type
- Apartment
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- July 25, 2026
- Stories
- 1
- Total bathrooms
- 18
- 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.
- Enrollment
- 391
- Student:teacher ratio
- 14.5:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 1,270
- Student:teacher ratio
- 17.9:1
- 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 July 25, 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.