For Sale $1,000,000
Excellent investment opportunity to add to your real estate portfolio! Situated on a 1.31-acre parcel, this multi-family property includes four brick duplexes for a total of eight units, with concrete driveways providing convenient tenant parking. 5 units feature durable LVP flooring throughout, 2 units (townhome) have LVP in kitchen/bath; 1 unit not remodeled. Private rear concrete patios for outdoor relaxation or entertaining. Vapor barriers have been installed in all crawlspaces. Three of the duplex buildings offer convenient one-story floor plans, while the fourth features two-story townhome-style units. A great opportunity to acquire multiple rental units together on one parcel. Please do not disturb tenants.
| List Price: | $1,000,000 |
| Status: | For Sale |
| Bedrooms: | 16 |
| Type: | Apartment |
| Parking: | Driveway |
| MLS Number: | CAR4427222 |
| Year Built: | 1976 |
| Sewer Type: | Public Sewer |
| Elementary: | Granite Quarry |
| Middle: | C.C. Erwin |
| High: | East Rowan |
| Date | Event | Price | $/SQFT |
| 09-22-2026 | Listed | $1,000,000 | N/A |
| 12-16-2025 | Listed | $309,999 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Granite Quarry Elementary School | 1 miles | PK-05 | 5 |
| Faith Elementary School | 2 miles | KG-05 | 5 |
| Rockwell Elementary School | 4 miles | PK-05 | 5 |
| Elizabeth Duncan Koontz Elementary School | 4 miles | KG-05 | 1 |
| Ethan H Shive Elementary School | 4 miles | PK-05 | 4 |
| Elizabeth Hanford Dole Elementary School | 5 miles | PK-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 114 Coley Road, Salisbury NC | 0 mi | $1,000,000 | days | |
| 1318 Stonewyck Drive, Salisbury NC | 0.2 mi | $349,999 | days | |
| 1008 Kenton Place, Salisbury NC | 0.2 mi | $499,999 | days | |
| 1401 Gentry Place, Salisbury NC | 0.2 mi | $399,000 | days | |
| 118 Yost Farm Road, Salisbury NC | 0.3 mi | $266,750 | days | |
| 101 Rocklyn Lane, Salisbury NC | 0.4 mi | $419,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By TMR Realty, Inc.
114 Coley Road, Salisbury NC is a ft2 on a 1.310 acres Appraisal lot. This is for $1,000,000. This has 16 bedrooms, baths, and was built in 1976.
Based on information submitted to the MLS GRID as of 2026-09-22 20:40:33 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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