For Sale $225,000
Affordable, move-in ready, and packed with major updates, this charming 2-bedroom, 1-bath bungalow offers an excellent opportunity for both investors and future homeowners. Currently tenant occupied at $1,400 per month, the tenants would love the opportunity to remain, making this an attractive turnkey investment. The freshly painted white brick exterior with black accents creates timeless curb appeal, while the large rear deck with built-in seating overlooks a level, fenced backyard perfect for relaxing, entertaining, pets, or gardening. A spacious storage shed provides plenty of room for lawn equipment, tools, and outdoor storage. Inside, the home offers a functional layout with comfortable living spaces and replacement windows. The seller has invested in several important improvements, including a brand-new gas HVAC system and tankless water heater installed in July, crawl space repairs completed following a professional inspection, and a roof replaced in 2013, giving buyers confidence in many of the home's major systems. Located on a quiet street in an established Charlotte neighborhood, this home offers convenient access to shopping, dining, employment centers, and major highways while maintaining a peaceful residential setting. Please Note: Some interior listing photographs have been virtually decluttered to illustrate the home's layout and living spaces. Furnishings and personal belongings shown in the property greatly differ from the photographs, as the home is currently tenant occupied.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 728 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4415057 |
| Subdivision: | Thomasboro |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1965 |
| Sewer Type: | Public Sewer |
| Elementary: | Allenbrook |
| Middle: | Ranson |
| High: | West Charlotte |
| Date | Event | Price | $/SQFT |
| 08-15-2026 | Listed | $225,000 | $310 |
| 11-24-2025 | Price Decrease | $1,249,000-3.55% | $1,716 |
| 11-18-2025 | Price Decrease | $1,295,000-2.26% | $1,779 |
| 11-07-2025 | Listed | $1,325,000 | $1,821 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Thomasboro Academy | 1 miles | PK-05 | 1 |
| Allenbrook Elementary | 1 miles | KG-05 | 2 |
| Ashley Park PreK-8 School | 2 miles | PK-05 | 1 |
| University Park Creative Arts | 2 miles | KG-05 | 4 |
| Oakdale Elementary | 2 miles | KG-05 | 2 |
| Tuckaseegee 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 |
| 732 Wabash Avenue, Charlotte NC | 0 mi | $225,000 | days | |
| 729 Wabash Avenue, Charlotte NC | 0 mi | $675,000 | days | |
| 1200 Weststone Drive, Charlotte NC | 0.2 mi | $314,900 | days | |
| 1019 Lewiston Avenue, Charlotte NC | 0.3 mi | $289,000 | days | |
| 1103 Lewiston Avenue, Charlotte NC | 0.3 mi | $184,900 | days | |
| 4514 Wildwood Avenue, Charlotte NC | 0.3 mi | $274,999 | 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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| 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 RE/MAX Executive
732 Wabash Avenue, Charlotte NC is a 728 ft2 on a 0.260 acres Level lot. This is for $225,000. This has 2 bedrooms, 1 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2026-08-15 17:45:10 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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