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929 Mcarthur Avenue
Charlotte NC 28206 US

$305,000

Pending Listing ID 4306482
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.17 Acres
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Other

$305,000

Pending Listing ID 4306482
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929 Mcarthur Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Electric
  • Roof Type: Shingle
  • Heating Fuels: Forced Air

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 305000
  • unparsedaddress: 929 Mcarthur Avenue
  • postalcity: Charlotte
  • stateorprovince: NC
  • country: US
  • postalcode: 28206
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.172
  • lotsizeunits: Acres
  • lotsizearea: 0.172
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.26107
  • longitude: -80.832292
  • listagentfullname: Brittin Eustis
  • listagentemail: brittin.eustis@hendersonproperties.com
  • listagentkey: 3yd-CMLSNC-41123
  • listagentmlsid: 41123
  • listagentpreferredphone: 7049962548
  • listagentofficephone: 7049962548
  • listofficekey: 3yd-CMLSNC-3690
  • listofficemlsid: 3690
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1968
  • listingcontractdate: 2025-09-25
  • listagenturl: http://www.hendersonproperties.com
  • countyorparish: Mecklenburg
  • parcelnumber: 077-199-20
  • elementaryschool: Unspecified
  • highschool: Unspecified
  • cooling: Electric
  • constructionmaterials: Brick Full
  • heating: Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.83229, 35.26107
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Henderson Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brittin.eustis@hendersonproperties.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"phenderson@hendersonproperties.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CMLSNC/c5ababc31d87a317011d87ece4a700ab/20081112172330999.pjpeg", "ListBrokerageName":"Henderson Properties", "ListBrokeragePhone":"704-535-1122", "ListBrokeragePostalCode":"28277", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Ste 118", "ListBrokerageUnparsedAddress":"10801 Johnston Rd", "ListBrokerageWebsiteUrl":"http://www.hendersonproperties.com", "ListOfficeAddress1":"3030 Latrobe Dr. Suite B", "ListOfficeAddress2":"Ste 118", "ListOfficeBrokerMlsId":"3690", "ListOfficeCity":"Charlotte", "ListOfficeCountry":"USA", "ListOfficeEmail":"lratledge@hendersonproperties.com", "ListOfficePostalCode":"28211", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Charlotte, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/929-McArthur-Ave_Charlotte_NC_28206_M97629-62783?f=listhub&s=CMLSNC&m=4306482&c=rexren", "MLSModificationTimestamp":"2025-10-06 22:46:04", "Neighborhoods":[{"Description":null, "Name":"Statesville Avenue Terrace"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"L18 B22 M4-676", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/6/2025 11:09:02 PM GMT
Source Updated Date: 12/6/2025 12:40:37 PM GMT

Courtesy of: Brittin Eustis, Henderson Properties, brittin.eustis@hendersonproperties.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.