For Sale $209,000
Charming Bungalow Retreat in Denver, NC – Perfect Starter Home or Investment Opportunity Welcome to this cozy bungalow retreat nestled in the heart of Denver, NC! Situated on a .22-acre lot, this delightful 2-bedroom, 1-bath home offers the perfect blend of comfort, affordability, and investment potential. Currently operating as a successful rental property, this home has been occupied by the same tenant for the past four years, generating consistent monthly income of $1,150. With a proven rental history and strong cash-flow potential, this property presents an excellent opportunity for investors seeking a turnkey addition to their portfolio. The current tenant is relocating out of state, creating a rare opportunity for a new owner to either continue its income-producing success or make it their own personal residence. Inside, you'll find a functional floor plan, inviting living spaces, and the charm and character that make bungalow living so appealing. The manageable yard offers space to relax, garden, or entertain, while the convenient location places you just minutes from shopping, dining, schools, and Lake Norman. Whether you're searching for your first home, looking to downsize, or seeking an affordable investment property, this Denver gem is ready for its next chapter. Don't miss this opportunity to own a property that combines small-town charm, proven income history, and future potential—all at an attainable price point.
| List Price: | $209,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 708 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4398922 |
| Subdivision: | Lakehaven Estates |
| Style: | Bungalow |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1945 |
| Sewer Type: | Septic Installed, Other - See Remarks |
| Elementary: | Rock Springs |
| Middle: | North Lincoln |
| High: | North Lincoln |
| Date | Event | Price | $/SQFT |
| 07-23-2026 | Listed | $209,000 | $296 |
| 10-16-2025 | Listed | $485,000 | $686 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Rock Springs Elementary | 2 miles | PK-05 | 9 |
| Lincoln Charter School | 2 miles | KG-06 | 10 |
| St James Elementary | 2 miles | PK-05 | 9 |
| Lake Norman Elementary School | 7 miles | PK-05 | 9 |
| Sherrills Ford Elementary | 7 miles | KG-06 | 9 |
| Langtree Charter Academy | 8 miles | KG-06 | 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 |
| 7558 Katherine Drive, Denver NC | 0 mi | $209,000 | days | |
| 7564 Katherine Drive, Denver NC | 0 mi | $325,000 | days | |
| 7553 Katherine Drive, Denver NC | 0 mi | $445,000 | days | |
| 7588 Sarah Drive, Denver NC | 0.1 mi | $345,000 | days | |
| 7568 Water Haven Trail, Denver NC | 0.1 mi | $535,000 | days | |
| 7611 Sarah Drive, Denver NC | 0.1 mi | $338,000 | 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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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 Coldwell Banker Realty
7558 Katherine Drive, Denver NC is a 708 ft2 on a 0.220 acres Level lot. This is for $209,000. This has 2 bedrooms, 1 baths, and was built in 1945.
Based on information submitted to the MLS GRID as of 2026-07-23 00:01:49 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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