301 Magnolia Drive, Monroe NC

  • 2 Bed
  • 1 Bath
  • 1155 ft2
  • 0.2 ac

For Sale $149,000

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Remarks:

Unlock the potential in this classic 2 bedroom, 1 bathroom home offering approximately 1,155 square feet of living space. Situated in a convenient Monroe location, this property is ready for a full renovation and transformation—making it an excellent opportunity for investors, flippers, or buyers looking to create their own vision from the ground up. Inside, the home features a layout that offers great potential for modernization. With thoughtful design and renovation, the floor plan could be opened up to create a more functional and inviting living space while maintaining the charm of this classic home. The property sits beneath mature shade trees and offers a setting that could truly shine again with the right updates and landscaping improvements. Whether your goal is a fix-and-flip, long-term rental, or renovation project to build equity, this home provides a solid starting point for your next investment.

General Information:

List Price: $149,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1155 sqft
Parking: Driveway
MLS Number: CAR4365758
Subdivision: none
Bathrooms: 1
Year Built: 1940
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
07-18-2025 Price Decrease $305,000-3.17% $265
06-27-2025 Listed $315,000 $273

Nearby Schools

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

School Name Distance Grades Rating
Union Academy Charter School 2 miles KG-06 9
Wesley Chapel Elementary School 7 miles KG-05 10
Poplin Elementary School 8 miles PK-05 10
Prospect Elementary School 8 miles KG-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 Magnolia Drive, Monroe NC 0 mi $149,000 days
415 Magnolia Drive, Monroe NC 0.2 mi $350,000 days
210 Griffith Road, Monroe NC 0.3 mi $344,000 days
831 Maurice Street, Monroe NC 0.4 mi $315,000 days
303 Lancaster Avenue, Monroe NC 0.5 mi $644,900 days
1003 Oak Hill Drive, Monroe NC 0.6 mi $389,900 days
1 to 6 of 28 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

Commute Distance & Time

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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)

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28112

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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 Blue Collar Realty LLC

    301 Magnolia Drive, Monroe NC is a 1155 ft2 on a 0.230 acres Appraisal lot. This is for $149,000. This has 2 bedrooms, 1 baths, and was built in 1940.

    Based on information submitted to the MLS GRID as of 2026-05-18 11:40:36 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.