For Sale $289,000
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
| 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 |
| Elementary: | Beverly Hills |
| Middle: | Concord |
| High: | Concord |
| 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 |
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.
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 |
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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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 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.
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