For Sale $140,000
The property presents a fantastic opportunity for investors looking to transform this home into a modern haven. This 3-bedroom ranch home is conveniently located only minutes from Uptown Charlotte and airport with easy access to all major interstates. Many homes in this neighborhood have been and are being renovated. Flat back yard and rear porch. This home is in need of total rehab inside and out. Roof is in good shape.
| List Price: | $140,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1160 sqft |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4271508 |
| Subdivision: | Reid Park |
| Bathrooms: | 1 |
| Year Built: | 1926 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 09-12-2025 | Price Decrease | $140,000-15.15% | $121 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Barringer Academic Center | 1 miles | KG-05 | 5 |
| Aristotle Preparatory Academy: A Challenge Foundation Academ | 1 miles | KG-06 | 2 |
| The Military and Global Leadership Academy at Marie G. Davis | 1 miles | KG-06 | 3 |
| Ashley Park PreK-8 School | 2 miles | PK-05 | 1 |
| Invest Collegiate Transform | 2 miles | KG-06 | 2 |
| Collinswood Language Academy | 2 miles | KG-06 | 9 |
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 |
| 2942 Reid Avenue, Charlotte NC | 0 mi | $140,000 | days | |
| 2311 Sherrill Street, Charlotte NC | 0.1 mi | $280,000 | days | |
| 3049 Reid Avenue, Charlotte NC | 0.2 mi | $450,000 | days | |
| 2510 Sherrill Street, Charlotte NC | 0.2 mi | $399,000 | days | |
| 2310 Caronia Street, Charlotte NC | 0.2 mi | $275,000 | days | |
| 2514 Elmin Street, Charlotte NC | 0.3 mi | $389,999 | 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 |
Powered by Google Maps
| 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 |
|
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.
A Courtesy Listing Provided By JET Realty Carolinas
2942 Reid Avenue, Charlotte NC is a 1160 ft2 on a 0.140 acres Appraisal lot. This is for $140,000. This has 3 bedrooms, 1 baths, and was built in 1926.
Based on information submitted to the MLS GRID as of 2025-07-20 11:01:44 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.