For Sale $490,000
Rare 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 a single-family residence, it has been reconfigured to accommodate a large multigenerational family, a thriving rental portfolio, or a live-work setup. 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. Whether you want to house-hack, host a multi-generational family, or maximize your rental yield, this property offers incredible flexibility. Bring your vision and explore the massive potential!
Fire Pit, Storage
| List Price: | $490,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2900 sqft |
| Parking: | Circular Driveway, Driveway, Parking Space(s) |
| MLS Number: | CAR4389893 |
| Subdivision: | None |
| Bathrooms: | 4 |
| Lot Description: | Corner Lot |
| Year Built: | 1953 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-14-2026 | Price Decrease | $490,000-3.54% | $169 |
| 05-25-2026 | Listed | $508,000 | $176 |
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.
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 | $490,000 | days | |
| 306 Jackson Street, Salisbury NC | 0.1 mi | $1,850,000 | days | |
| 300 Fulton Street, Salisbury NC | 0.1 mi | $285,000 | days | |
| 404 Kerr Street, Salisbury NC | 0.1 mi | $350,000 | days | |
| 430 Fulton Street, Salisbury NC | 0.1 mi | $250,000 | days | |
| 530 Council Street, Salisbury NC | 0.2 mi | $149,900 | 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 Freedom Living Realty
301 Fulton Street, Salisbury NC is a 2900 ft2 on a 0.390 acres lot. This is for $490,000. This has 4 bedrooms, 4 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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