128 Rowan Mill Road, Salisbury NC
- 7 Bed
- 0.5 ac
For Sale $399,000
Remarks:
Investor Opportunity: 4-Unit Multi-Family Property in Salisbury, NC Discover a fantastic investment opportunity with this well-maintained 4-unit multi-family property in Salisbury! This property boasts a total of 7 bedrooms and 5.5 bathrooms, offering ample rental potential. Two of the units have been nicely updated, providing modern amenities and appealing finishes to attract quality tenants. The remaining units offer the flexibility for customization or continued cash flow. Key features include: A newer 3-year-old roof, minimizing immediate maintenance concerns. Laundry hookups conveniently located in the basement, ideal for tenant use. Spacious units in a recommendable area, catering to both short- and long-term renters. This property is investor-ready and priced to sell. Whether you're expanding your portfolio or entering the rental market, this multi-family home is a must-see. Schedule a showing today before it's gone!
General Information:
| List Price: | $399,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Fourplex |
| Parking: | Driveway |
| MLS Number: | CAR4214000 |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Knollwood |
| Middle: | Knox |
| High: | Salisbury |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-07-2025 | Price Decrease | $399,000-11.14% | N/A |
| 10-28-2025 | Price Decrease | $449,000-2.18% | N/A |
| 09-16-2025 | Price Decrease | $459,000-1.29% | N/A |
| 08-09-2025 | Price Increase | $465,000+3.56% | N/A |
| 06-23-2025 | Price Increase | $449,000+13.67% | N/A |
| 05-08-2025 | Listed | $395,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Elizabeth Duncan Koontz Elementary School | 2 miles | KG-05 | 1 |
| Carroll T Overton Elementary School | 3 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Granite Quarry Elementary School | 4 miles | PK-05 | 5 |
| Knollwood Elementary School | 5 miles | KG-05 | 1 |
| J F Hurley Elementary School | 5 miles | KG-05 | 2 |
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.
Properties For Sale Nearby
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 |
| 128 Rowan Mill Road, Salisbury NC | 0 mi | $399,000 | days | |
| 2424 Cranberry Way, Salisbury NC | 0.1 mi | $298,900 | days | |
| 2210 CRANBERRY Way, Salisbury NC | 0.2 mi | $229,990 | days | |
| 418 Winsley Drive, Salisbury NC | 0.2 mi | $304,000 | days | |
| 2260 Cranberry Way, Salisbury NC | 0.2 mi | $225,000 | days | |
| 2248 Cranberry Way, Salisbury NC | 0.3 mi | $225,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28147
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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.
Property Listing Information
A Courtesy Listing Provided By Chosen Realty of NC LLC
128 Rowan Mill Road, Salisbury NC is a ft2 on a 0.460 acres Appraisal lot. This is for $399,000. This has 7 bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2025-05-08 11:10:07 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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