496 Gibson Drive, Concord NC

  • 4 Bed
  • 0.2 ac

For Sale $289,000

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Remarks:

This property brings in around $29,000 annually… a CASH FLOWING PROPERTY! Check out this amazing DUPLEX right in the heart of Concord—multi-unit properties like this are incredibly rare. Ideally located on the corner of Brookwood and Gibson near Downtown Concord, Gibson Mill, Concord Mills, hospitals, major highways and more! With low-maintenance features and reliable tenants, it’s ready to start earning for you immediately. Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease. Both units have newer cabinets, and the Gibson unit features updated flooring. Most electrical and plumbing systems have been recently upgraded. The seller covers water, which has consistently been under $150 per month. Landscaping is only $30/month, and there are no other maintenance expenses. On 226 Brookwood side refrigerator only conveys. On Gibson side both stove and refrigerator convey. Rental income breakdown: • 1-bedroom units: $900/month • 3-bedroom unit: $1,550/month

General Information:

List Price: $289,000
Status: For Sale
Bedrooms: 4
Type: Duplex
Parking: Driveway
MLS Number: CAR4326751
Lot Description: Corner Lot
Year Built: 1900
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Beverly Hills
Middle: Concord
High: Concord

Price & Sales History

Date Event Price $/SQFT
01-21-2026 Relisted $289,000 N/A
01-06-2026 Under Contract $289,000 N/A
12-30-2025 Price Decrease $289,000-0.34% N/A
12-05-2025 Listed $290,000 N/A

Nearby Schools

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

School Name Distance Grades Rating
Coltrane-Webb Elementary 1 miles KG-05 5
Beverly Hills Elementary 1 miles KG-05 6
R Brown McAllister Elementary 2 miles KG-05 4
W M Irvin Elementary 3 miles PK-05 2
Weddington Hills Elementary 3 miles KG-05 6
Royal Oaks Elementary 3 miles KG-05 1

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
496 Gibson Drive, Concord NC 0 mi $289,000 days
502 Allison Street, Concord NC 0.1 mi $225,000 days
528 Gibson Drive, Concord NC 0.1 mi $294,900 days
480 Harris Street, Concord NC 0.1 mi $346,000 days
183 Brookwood Avenue, Concord NC 0.1 mi $249,000 days
172 Brookwood Avenue, Concord NC 0.1 mi $368,300 days
1 to 6 of 128 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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28025

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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.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By Branch Wealth Partners, LLC

    496 Gibson Drive, Concord NC is a ft2 on a 0.190 acres lot. This is for $289,000. This has 4 bedrooms, baths, and was built in 1900.

    Based on information submitted to the MLS GRID as of 2025-12-05 10:51:46 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.