2800 Carol Avenue, Charlotte NC

  • 0.3 ac

For Sale $550,000

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Remarks:

Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park — fully managed by PM, tenants pay every utility, and it’s never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above. Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment. Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block. Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77. Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!

General Information:

List Price: $550,000
Status: For Sale
Type: Fourplex
Parking: Parking Space(s)
MLS Number: CAR4401707
Subdivision: Summit View
Year Built: 1954
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Ashley Park
Middle: Ashley Park
High: West Charlotte

Price & Sales History

Date Event Price $/SQFT
07-22-2026 Listed $550,000 N/A
12-13-2025 Price Decrease $349,000-8.13% N/A
10-13-2025 Listed $379,900 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Bruns Academy 1 miles PK-05 1
Invest Collegiate Transform 1 miles KG-06 2
Ashley Park PreK-8 School 1 miles PK-05 1
Aristotle Preparatory Academy: A Challenge Foundation Academ 1 miles KG-06 2
Irwin Academic Center 1 miles KG-05 9
Oaklawn Language Academy 2 miles KG-06 7

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
2800 Carol Avenue, Charlotte NC 0 mi $550,000 days
2711 Ruby Street, Charlotte NC 0 mi $620,000 days
2617 Clydesdale Terrace, Charlotte NC 0.1 mi $429,000 days
608 Ambassador Street, Charlotte NC 0.1 mi $610,000 days
2918 Rush Avenue, Charlotte NC 0.2 mi $275,000 days
3104 Morson Street, Charlotte NC 0.2 mi $375,000 days
1 to 6 of 221 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28208

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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.

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    Property Listing Information

    A Courtesy Listing Provided By Mark Spain Real Estate

    2800 Carol Avenue, Charlotte NC is a ft2 on a 0.250 acres Appraisal lot. This is for $550,000. This has bedrooms, baths, and was built in 1954.

    Based on information submitted to the MLS GRID as of 2026-07-22 04:26:59 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.