929 Mcarthur Avenue, Charlotte NC
- 6 Bed
- 0.2 ac
For Sale $305,000
Remarks:
Multiple offers received. Highest and best due by Monday, October 6th at 12:00 PM Located just one mile from the highly sought-after and rapidly growing Camp North End development, this duplex is an excellent opportunity for both new and seasoned investors seeking immediate cash flow with room for growth. Each side of the duplex features 3 bedrooms and 1 bathroom, offering functional layouts that are consistently in demand with tenants. Both units are currently on month-to-month leases, providing steady occupancy while also giving a new owner flexibility to adjust terms or rental rates. Together, the property produces a gross monthly rent of $2,300, resulting in a current Cap Rate of 6.44%. Importantly, there is significant upside potential. Comparable units in the surrounding area are renting for $1,500+ per unit, meaning this property has the ability to generate substantially higher income with targeted updates or simple rental adjustments. This creates a strong path to boosting cash flow and overall return on investment. Beyond the numbers, the location cannot be overlooked. Camp North End has become one of Charlotte’s most dynamic hubs for arts, dining, entertainment, and business growth, and the surrounding neighborhoods are experiencing rapid revitalization. Demand for quality rental housing in this corridor continues to rise, and properties in close proximity to the development are well-positioned for long-term appreciation. Whether you are looking to start building your investment portfolio or expand an existing one, this duplex offers the perfect combination of immediate rental income, flexible leasing, and future upside. With Charlotte’s rental market strengthening year after year, this property provides a rare opportunity to secure a strong income-producing asset in one of the city’s fastest-growing areas. Don’t miss out on this chance to add a high-potential property to your portfolio in a location poised for continued growth.
General Information:
| List Price: | $305,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Duplex |
| Parking: | Driveway |
| MLS Number: | CAR4306482 |
| Subdivision: | Statesville Avenue Terrace |
| Lot Description: | Cleared, Level |
| Year Built: | 1968 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Druid Hills Academy | 1 miles | PK-05 | 1 |
| Lincoln Heights Academy | 1 miles | KG-06 | N/A |
| Oaklawn Language Academy | 1 miles | KG-06 | 7 |
| Walter G. Byers School | 1 miles | PK-05 | 1 |
| University Park Creative Arts | 2 miles | KG-05 | 4 |
| Highland Renaissance Academy | 2 miles | PK-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 |
| 929 Mcarthur Avenue, Charlotte NC | 0 mi | $305,000 | days | |
| 838 McArthur Avenue, Charlotte NC | 0.1 mi | $445,000 | days | |
| 3215 Isenhour Street, Charlotte NC | 0.1 mi | $285,000 | days | |
| 815 Justice Avenue, Charlotte NC | 0.2 mi | $369,990 | days | |
| 811 Justice Avenue, Charlotte NC | 0.2 mi | $339,990 | days | |
| 837 Rodey Avenue, Charlotte NC | 0.2 mi | $409,000 | 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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28206
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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.
Property Listing Information
A Courtesy Listing Provided By Henderson Properties
929 Mcarthur Avenue, Charlotte NC is a ft2 on a 0.172 acres lot. This is for $305,000. This has 6 bedrooms, baths, and was built in 1968.
Based on information submitted to the MLS GRID as of 2025-12-24 10:21:26 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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