





Nearby Schools
UnspecifiedElementary School
UnspecifiedMiddle School
UnspecifiedHigh School
Description
This 12-unit multifamily asset presents a strong value-add investment opportunity in one of the Southeast’s most resilient rental markets. The property has already undergone partial renovation, with 5 out of 12 units fully remodeled, providing a clear path for continued upside through unit upgrades.
Recent leasing activity supports the repositioning strategy, with the latest lease achieving $1,500/month, indicating strong rental demand and the potential to push rents across the remaining units.
Charlotte continues to experience sustained population growth, job expansion, and housing demand, making it a highly attractive market for multifamily investors. The combination of in-place income, proven rent comps, and remaining renovation upside positions this asset for both cash flow growth and long-term appreciation.
Investment Highlights:
12-unit multifamily property
5 renovated units completed
Proven rent benchmark at $1,500/month
Significant remaining value-add potential
Located in a high-growth rental market
Opportunity to increase NOI through continued upgrades
This is an ideal opportunity for an investor seeking a partially stabilized asset with immediate upside in a strong Charlotte submarket.
Location
Listed By
Similar Listings
MLS# 4365281
ACTIVE
$1,500,000
24 Beds
24 Baths
Listing Office: Britt Commercial Real Estate, LLC

No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

Listings courtesy of Canopy MLS as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © MLS GRID. All Rights Reserved. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to dataops@placester.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Updated: 24th April, 2026 10:50 PM (UTC)
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to dataops@placester.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Updated: 24th April, 2026 10:50 PM (UTC)
Listing Office: Coldwell Banker Realty
Attribution contact:
nicklancetti@gmail.com






































