1212 W Monroe Street, Salisbury, NC 28144
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: scott bauknight
Office: lifestyle international realty
MLS#:4373518
Source:CH
1212 W Monroe Street,Salisbury, NC 28144
$375,000
- 5 Beds
- 5 Baths
- 2,188 sq. ft.
- Multi-family
- Active
Price summary
- Price:$375,000
- Price per sq. ft.:$171.39
About this home
Discover a rare income-producing opportunity with this charming triplex located at 1212 W Monroe Street in Salisbury, NC. This value-driven multifamily property is already structured for success with three separate units—featuring a mix of 2-bedroom and 1-bedroom layouts—making it perfectly positioned to generate multiple streams of rental income from day one.
Currently undergoing renovations, this property presents a powerful advantage for savvy investors who understand the upside of buying during transformation. As improvements continue, the potential for increased rental rates, forced appreciation, and long-term equity growth becomes even more compelling. Imagine securing a property before its full value is realized—this is where strategic investors win.
The exterior showcases a classic design with a welcoming covered front porch, while the interior layout offers functional living spaces ideal for tenants seeking comfort and convenience. With approximately 2,188 heated square feet and additional basement space, there is room to enhance value even further.
Positioned on a .23-acre lot with city water and sewer, and located near local amenities, this property benefits from both accessibility and demand. Even more appealing—all utilities are currently owner-paid, offering flexibility to restructure expenses and maximize ROI.
Whether you're looking to house hack, expand your rental portfolio, or secure a cash-flowing asset in a growing market, this property checks all the boxes. Opportunities like this—where timing, value, and potential intersect—don’t stay available for long.
Act now to capitalize on this renovation-stage investment before it reaches full market potential....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:4373518
- Updated:June 09, 2026 at 01:19 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Basement:Yes
- Living area:2,188 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:2,188 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Vinyl
- Foundation Description:Basement
Schools
- High school:Unspecified
- Elementary school:Isenberg
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$171.39
Parking
- Parking description:Driveway, On Street
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