For Sale $275,000
Investor opportunity in the University Area with tenant in place. This ranch offers a practical, easy-to-rent layout with an open living area, spacious eat in kitchen with laundry area, and a huge fenced flat backyard. The home has the kind of everyday functionality tenants value, including comfortable gathering space, defined bedrooms, storage, and outdoor space that feels private without being high-maintenance. This area continues to be a strategic location for rental ownership, positioned close to UNC Charlotte, University City, Harrisburg, Reedy Creek Park, shopping, dining, entertainment, and commuter routes into Uptown Charlotte. The neighborhood offers a suburban residential feel while keeping major employment, education, and lifestyle amenities within reach. For an investor looking for immediate rental income, location strength, and a property that already has occupancy in place, this is a strong addition to consider. Tenant occupied. Please do not disturb tenant. Lease terms, rental history, and all investment details to be verified by buyer.
| List Price: | $275,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1200 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4401866 |
| Subdivision: | Faires Farm |
| Bathrooms: | 2 |
| Year Built: | 1988 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-22-2026 | Listed | $275,000 | $230 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| University Meadows Elementary | 2 miles | PK-05 | 4 |
| Newell Elementary | 2 miles | KG-05 | 2 |
| Joseph W Grier Academy | 2 miles | PK-05 | 7 |
| Reedy Creek Elementary | 3 miles | PK-05 | 7 |
| Corvian Community School | 3 miles | KG-06 | 9 |
| Nathaniel Alexander Elementary | 3 miles | PK-05 | 4 |
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 |
| 1630 Pamela Lorraine Drive, Charlotte NC | 0 mi | $275,000 | days | |
| 9207 Amy Drive, Charlotte NC | 0.1 mi | $285,000 | days | |
| 9409 Old Concord Road, Charlotte NC | 0.1 mi | $146,000 | days | |
| 9405 Old Concord Road, Charlotte NC | 0.1 mi | $139,999 | days | |
| 9416 Lexington Circle, Charlotte NC | 0.2 mi | $247,900 | days | |
| 9428 White Cedar Court, Charlotte NC | 0.2 mi | $335,777 | 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)
| Property Taxes |
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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 Keller Williams Unlimited
1630 Pamela Lorraine Drive, Charlotte NC is a 1200 ft2 on a 0.180 acres Appraisal lot. This is for $275,000. This has 3 bedrooms, 2 baths, and was built in 1988.
Based on information submitted to the MLS GRID as of 2026-07-22 20:08:36 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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