508 Deese Street, Monroe NC
- 7 Bed
- 3 Bath
- 1583 ft2
- 0.8 ac
For Sale $299,900
Remarks:
Nearly an ACRE of Opportunity in Monroe’s Brookstone Village! This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy. The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms — ideal for multi-tenant use, extended living arrangements, or future reconfiguration. Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point. Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.
General Information:
| List Price: | $299,900 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1583 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4392767 |
| Subdivision: | Brookstone Village |
| Bathrooms: | 3 |
| Year Built: | 1955 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-22-2026 | Listed | $299,900 | $190 |
| 10-15-2025 | Under Contract | $795,000 | $503 |
| 08-18-2025 | Listed | $795,000 | $503 |
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 | 3 miles | KG-06 | 9 |
| Wesley Chapel Elementary School | 8 miles | KG-05 | 10 |
| Poplin Elementary School | 8 miles | PK-05 | 10 |
| Prospect Elementary School | 9 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 |
| 508 Deese Street, Monroe NC | 0 mi | $299,900 | days | |
| 1302 Franklin Street, Monroe NC | 0.3 mi | $415,000 | days | |
| 406 Thompson Street, Monroe NC | 0.4 mi | $255,000 | days | |
| 802 Franklin Street, Monroe NC | 0.5 mi | $880,000 | days | |
| 406 Harris Lane, Monroe NC | 0.5 mi | $365,000 | days | |
| 208 Hough Street, Monroe NC | 0.6 mi | $299,000 | 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28112
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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 Rentercasa Buyercasa LLC
508 Deese Street, Monroe NC is a 1583 ft2 on a 0.790 acres Appraisal lot. This is for $299,900. This has 7 bedrooms, 3 baths, and was built in 1955.
Based on information submitted to the MLS GRID as of 2026-06-22 10:15:31 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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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.
