For Sale $435,000
Located in the established Wilora Woods neighborhood, this duplex property sits on a generous .53-acre lot just off the Central Avenue corridor, an area seeing continued residential infill and redevelopment. The existing duplex occupies only a portion of the parcel, leaving additional land area that may offer future infill or expansion considerations, subject to buyer verification. The property is zoned N1-A and is connected to public water and sewer. New residential construction is underway approximately one block away, reflecting ongoing investment and growth in the surrounding area. The duplex is tenant-occupied. No written lease agreement has been produced by either the tenant(s) or owner. In the absence of a written lease, tenancy may be considered month-to-month under North Carolina law. Tenant expected to vacate by 1/19/26. Buyer to independently verify tenant status, rent terms, notice requirements, and all tenant-related obligations prior to purchase. This property may appeal to investors, builders, or buyers seeking long-term flexibility, including rental hold strategies, future redevelopment considerations, or potential expansion consistent with zoning and local regulations. Any subdivision, redevelopment, or additional units are subject to buyer due diligence and approval by the City of Charlotte and applicable authorities. Conveniently located with access to East Charlotte, Plaza Midwood, Uptown Charlotte, and major commuting routes. Buyer to verify zoning, permitted uses, lot dimensions, utilities, subdivision feasibility, tenant rights, schools, and all information deemed material.
| List Price: | $435,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Duplex |
| Parking: | Driveway |
| MLS Number: | CAR4327931 |
| Subdivision: | Wilora Woods |
| Year Built: | 2000 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 12-22-2025 | Listed | $435,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Charlotte Choice Charter | 2 miles | KG-06 | 1 |
| Albemarle Road Elementary | 2 miles | KG-05 | 2 |
| Merry Oaks Elementary | 2 miles | PK-05 | 2 |
| Idlewild Elementary | 2 miles | PK-05 | 7 |
| Devonshire Elementary | 2 miles | KG-05 | 2 |
| Shamrock Gardens Elementary | 2 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.
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 |
| 5525 Wilora Lake Road, Charlotte NC | 0 mi | $435,000 | days | |
| 5828 Wilora Lake Road, Charlotte NC | 0.2 mi | $395,000 | days | |
| 5324 Cheval Place, Charlotte NC | 0.3 mi | $712,400 | days | |
| 4222 Acorn Street, Charlotte NC | 0.3 mi | $465,000 | days | |
| 4226 Acorn Street, Charlotte NC | 0.3 mi | $480,000 | days | |
| 4230 Acorn Street, Charlotte NC | 0.3 mi | $360,000 | 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 Southern Homes of the Carolinas, Inc
5525 Wilora Lake Road, Charlotte NC is a ft2 on a 0.530 acres Appraisal lot. This is for $435,000. This has 4 bedrooms, baths, and was built in 2000.
Based on information submitted to the MLS GRID as of 2025-12-22 10:40:27 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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