3500 Sharon Amity Road, Charlotte NC
- 20 Bed
- 1.2 ac
For Sale $2,650,000
Remarks:
Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner.
Interior Features:
Open Floorplan, Pantry
General Information:
| List Price: | $2,650,000 |
| Status: | For Sale |
| Bedrooms: | 20 |
| Type: | Fiveplex |
| Parking: | Parking Lot |
| MLS Number: | CAR4361715 |
| Lot Description: | Corner Lot, Green Area, Level, Paved |
| Year Built: | 1962 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Idlewild |
| Middle: | Eastway |
| High: | Garinger |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-30-2026 | Listed | $2,650,000 | N/A |
| 11-05-2025 | Under Contract | $165,000-5.71% | N/A |
| 10-13-2025 | Price Decrease | $175,000-10.26% | N/A |
| 06-26-2025 | Price Decrease | $195,000-4.88% | N/A |
| 05-26-2025 | Listed | $205,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Idlewild Elementary | 2 miles | PK-05 | 7 |
| Merry Oaks Elementary | 2 miles | PK-05 | 2 |
| Albemarle Road Elementary | 2 miles | KG-05 | 2 |
| Charlotte Choice Charter | 2 miles | KG-06 | 1 |
| Chantilly Montessori | 2 miles | PK-05 | 9 |
| Shamrock Gardens Elementary | 3 miles | PK-05 | 4 |
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 |
| 3500 Sharon Amity Road, Charlotte NC | 0 mi | $2,650,000 | days | |
| 3532 Sharon Amity Road, Charlotte NC | 0.1 mi | $1,375,000 | days | |
| 3218 Driftwood Drive, Charlotte NC | 0.2 mi | $459,900 | days | |
| 5514 Grafton Place, Charlotte NC | 0.3 mi | $1,300,000 | days | |
| 5215 Amity Springs Drive, Charlotte NC | 0.4 mi | $271,000 | days | |
| 2911 Iron Gate Lane, Charlotte NC | 0.4 mi | $198,800 | 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)
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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 28205
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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 BnBCabins Inc
3500 Sharon Amity Road, Charlotte NC is a ft2 on a 1.230 acres lot. This is for $2,650,000. This has 20 bedrooms, baths, and was built in 1962.
Based on information submitted to the MLS GRID as of 2026-04-30 09:46:15 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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