For Sale $650,000
Located in Charlotte’s rapidly growing MoRa district, 701 Jerilyn presents a rare opportunity for investors, builders, or buyers seeking flexibility and potential. This duplex features two spacious units, each offering 3 bedrooms and 3 bathrooms, providing strong rental appeal and versatile living arrangements. Whether you choose to maintain it as a full investment property, live in one side while generating income from the other, or reimagine the property entirely, the possibilities here are substantial. Situated on an expansive lot of nearly half an acre, this property also offers prime potential for redevelopment in an area experiencing significant growth and transformation. Conveniently located with easy access to Uptown Charlotte, Plaza Midwood, and Oakhurst, 701 Jerilyn combines immediate income potential with long-term upside in one of the city’s most exciting corridors.
| List Price: | $650,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Duplex |
| Parking: | Driveway |
| MLS Number: | CAR4378579 |
| Subdivision: | None |
| Year Built: | 1986 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-28-2026 | Listed | $650,000 | N/A |
| 10-26-2025 | Under Contract | $895,000-10.05% | N/A |
| 08-25-2025 | Price Decrease | $995,000-7.44% | N/A |
| 07-13-2025 | Listed | $1,075,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Idlewild Elementary | 1 miles | PK-05 | 7 |
| Cotswold Elementary | 2 miles | KG-05 | 7 |
| Piney Grove Elementary | 2 miles | PK-05 | 4 |
| Albemarle Road Elementary | 2 miles | KG-05 | 2 |
| Merry Oaks Elementary | 3 miles | PK-05 | 2 |
| Chantilly Montessori | 3 miles | PK-05 | 9 |
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 |
| 701 Jerilyn Drive, Charlotte NC | 0 mi | $650,000 | days | |
| 5907 Bluebonnet Road, Charlotte NC | 0.3 mi | $480,000 | days | |
| 5915 Bluebonnet Road, Charlotte NC | 0.3 mi | $490,000 | days | |
| 4820 Charleston Drive, Charlotte NC | 0.4 mi | $310,000 | days | |
| 4748 Old Lantern Way, Charlotte NC | 0.4 mi | $195,000 | days | |
| 4640 Old Lantern Way, Charlotte NC | 0.4 mi | $192,000 | 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)
| Property Taxes |
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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 Savvy + Co Real Estate
701 Jerilyn Drive, Charlotte NC is a ft2 on a 0.470 acres Appraisal lot. This is for $650,000. This has 6 bedrooms, baths, and was built in 1986.
Based on information submitted to the MLS GRID as of 2026-05-28 10:21:23 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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