For Sale $2,950,000
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
| List Price: | $2,950,000 |
| Status: | For Sale |
| Bedrooms: | 18 |
| Type: | Apartment |
| Parking: | Parking Lot |
| MLS Number: | CAR4399631 |
| Lot Description: | Corner Lot, Paved |
| Year Built: | 1961 |
| Sewer Type: | Public Sewer |
| Elementary: | Billingsville Cotswold |
| Middle: | Alexander Graham |
| High: | Myers Park |
| Date | Event | Price | $/SQFT |
| 08-11-2026 | Listed | $2,950,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cotswold Elementary | 1 miles | KG-05 | 7 |
| Billingsville Elementary | 2 miles | PK-05 | 3 |
| Chantilly Montessori | 2 miles | PK-05 | 9 |
| Idlewild Elementary | 2 miles | PK-05 | 7 |
| Eastover Elementary | 2 miles | KG-05 | 8 |
| Merry Oaks Elementary | 2 miles | PK-05 | 2 |
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 |
| 4102 Craig Avenue, Charlotte NC | 0 mi | $2,950,000 | days | |
| 1413 Lomax Avenue, Charlotte NC | 0.1 mi | $775,000 | days | |
| 3956 Craig Avenue, Charlotte NC | 0.1 mi | $412,268 | days | |
| 3952 Craig Avenue, Charlotte NC | 0.1 mi | $415,698 | days | |
| 4136 Castleton Road, Charlotte NC | 0.1 mi | $595,000 | days | |
| 3948 Craig Avenue, Charlotte NC | 0.1 mi | $399,667 | 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)
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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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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 BnBCabins Inc
4102 Craig Avenue, Charlotte NC is a ft2 on a 0.880 acres lot. This is for $2,950,000. This has 18 bedrooms, baths, and was built in 1961.
Based on information submitted to the MLS GRID as of 2026-08-11 21:36:14 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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