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$650,000

Charlotte, NC 28216
Listed by Alexis Hughes · EXP Realty LLC Ballantyne
Bedrooms
8
Bathrooms
4
Living area
3,352 sqft
Year built
1976

About this home

Rare opportunity to acquire two fully occupied duplexes (4 total units) in Charlotte with immediate cash flow and significant upside potential. This turnkey investment features four 2-bedroom, 1-bath units, each approximately 838 square feet, with strong rental demand in an established location. Three of the four units are currently leased below market value, providing a clear value-add opportunity for increased future returns, while one recently leased unit demonstrates current market rental potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a long-term buy-and-hold asset, this property offers stable income today with room for growth tomorrow. Conveniently located near major highways, shopping, dining, and employment centers, this is an investment opportunity that is increasingly difficult to find in today's market.

Property details

MLS #
CAR4401539
Property type
Townhouse
Subdivision
None
Status
Active
Days on market
1
On market date
July 7, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
Loading map…

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.

Elementary
Oakdale Elementary
0.18 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
449
Student:teacher ratio
12.1:1
District
Charlotte-Mecklenburg Schools
Middle
Ranson Middle
3.4 mi away · Grades 6-8
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
854
Student:teacher ratio
14.7:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
9.84 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).

23
Car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Google Places amenity density
20 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools3
Transit stops0
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 3,641 active listings in Charlotte right now is $399,500.

Mortgage calculator

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

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/mo
Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 8, 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.