929 Mcarthur Avenue, Charlotte, NC 28206

Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by:brittin eustis
Office:henderson properties
MLS#:4306482
Source:CH
929 Mcarthur Avenue,Charlotte, NC 28206
$305,000
  • 6 Beds
  • 2 Baths
  • 1,550 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$305,000
  • Price per sq. ft.:$196.77

About this home

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

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Home facts

  • Year built:1968
  • Listing ID #:4306482
  • Updated:September 28, 2025 at 01:29 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,550 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Building area:1,550 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$305,000
  • Price per sq. ft.:$196.77
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