200 Martin Luther King Jr Avenue, Salisbury NC
- 2 Bed
- 1 Bath
- 1145 ft2
- 0.1 ac
For Sale $149,999
Remarks:
CALLING ALL INVESTORS!!!! Don’t miss this fantastic opportunity to own a well-maintained 2-bedroom, 1-bath home just minutes from the heart of downtown Salisbury, NC. This cozy property offers comfortable living with a convenient location close to shops, dining, and local amenities, making it a desirable rental for tenants and a smart investment for new landlords. The property was most recently rented for $1k a month and has been an excellent rental for 10 years. Potential to increase to current market rates for even better cash flow. Whether you’re a first-time investor or looking to expand your portfolio, this home is a solid choice with immediate income potential. Schedule your showing today and take the first step toward building your real estate investment portfolio!
General Information:
| List Price: | $149,999 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1145 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4280378 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-12-2025 | Price Decrease | $149,999-6.25% | $132 |
| 07-06-2025 | Listed | $159,999 | $140 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Carroll T Overton Elementary School | 2 miles | KG-05 | 1 |
| Elizabeth Hanford Dole Elementary School | 2 miles | PK-05 | 1 |
| Elizabeth Duncan Koontz Elementary School | 3 miles | KG-05 | 1 |
| North Rowan Elementary School | 3 miles | PK-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Granite Quarry Elementary School | 4 miles | PK-05 | 5 |
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 |
| 200 Martin Luther King Jr Avenue, Salisbury NC | 0 mi | $149,999 | days | |
| 205 Martin Luther King Jr Avenue, Salisbury NC | 0 mi | $279,000 | days | |
| 613 Liberty Street, Salisbury NC | 0.1 mi | $239,000 | days | |
| 705 Liberty Street, Salisbury NC | 0.1 mi | $199,900 | days | |
| 702 Park Avenue, Salisbury NC | 0.2 mi | $227,000 | days | |
| 718 Park Avenue, Salisbury NC | 0.2 mi | $227,000 | 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
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28144
|
Occupancy Types |
|
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.
Property Listing Information
A Courtesy Listing Provided By Lantern Realty & Development, LLC
200 Martin Luther King Jr Avenue, Salisbury NC is a 1145 ft2 on a 0.110 acres Appraisal lot. This is for $149,999. This has 2 bedrooms, 1 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-07-06 10:15:05 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.
Click here for more information
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.
Share
