301 Fulton Street, Salisbury NC
- 4 Bed
- 0.4 ac
For Sale $508,000
Remarks:
Rare investment opportunity in the heart of Salisbury! This versatile property features four distinct living spaces, offering immediate cash flow with significant value-add potential. Originally constructed as an SFR property, it has been reconfigured to accommodate a large multigenerational family or a much more demanding rental market. Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area. Two Efficiency Studio Units: Each offers a 1BR/1BA setup with a convenient kitchenette—perfect for traveling nurses, short-term rentals, or quiet professional office suites. Expansion Potential: The walk-out basement features full-sized windows and private exterior doors, ready to be finished into a 5th income-producing unit. Occupancy & Management: Unit 1: Occupied (Month-to-Month). Unit 2: Available and listed by a professional leasing company. The property is set up for a seamless transition to full property management or owner-occupancy.
Exterior Features:
Fire Pit, Storage
General Information:
| List Price: | $508,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Fourplex |
| Parking: | Circular Driveway, Driveway, Parking Space(s) |
| MLS Number: | CAR4377308 |
| Subdivision: | None |
| Lot Description: | Corner Lot |
| Year Built: | 1953 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-25-2026 | Listed | $508,000 | N/A |
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 | 1 miles | KG-05 | 1 |
| Elizabeth Hanford Dole Elementary School | 3 miles | PK-05 | 1 |
| Harold D Isenberg Elementary | 3 miles | PK-05 | 1 |
| North Rowan Elementary School | 3 miles | PK-05 | 1 |
| Elizabeth Duncan Koontz Elementary School | 3 miles | KG-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 |
| 301 Fulton Street, Salisbury NC | 0 mi | $508,000 | days | |
| 306 Jackson Street, Salisbury NC | 0.1 mi | $1,850,000 | days | |
| 300 Fulton Street, Salisbury NC | 0.1 mi | $285,000 | days | |
| 430 Fulton Street, Salisbury NC | 0.1 mi | $259,000 | days | |
| 1210 Kildare Drive, Salisbury NC | 0.2 mi | $419,900 | days | |
| 1196 Sunset Point Road, Salisbury NC | 0.2 mi | $475,000 | 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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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 |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28144
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Occupancy Types |
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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.
Property Listing Information
A Courtesy Listing Provided By Freedom Living Realty
301 Fulton Street, Salisbury NC is a ft2 on a 0.390 acres lot. This is for $508,000. This has 4 bedrooms, baths, and was built in 1953.
Based on information submitted to the MLS GRID as of 2026-05-25 09:51:20 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.
