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    • $125,000

    112 Academy Ave NW, Concord, NC 28025

    2beds
    932sqft
    Single Family Residence
    Built in 1965
    0.16 Acres Lot
    $139,300 Zestimate®
    $134/sqft
    $1,787 Estimated rent

    Home value

    $139,300

    $132,000 - $146,000

    $1,787/mo

    Zestimate® history
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    What's special

    TENANT OUT ON 8/31/26!! Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home is an investor dream hovering at the 1% Rule! The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Wright christina@branchwealthpartners.com,

    Branch Wealth Partners, LLC

    Bought with:

    Christina Wright

    Branch Wealth Partners, LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4384073MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s)
    • Level: Main
    Bedroom s
    • Level: Main
    Bathroom full
    • Level: Main
    Dining area
    • Level: Main
    Kitchen
    • Features: Breakfast Bar, Ceiling Fan(s)
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Heat Pump
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Oven, Refrigerator, Washer, Washer/Dryer
    • Laundry: Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup
    Features
    • Flooring: Carpet, Laminate
    • Has basement: No
    Interior area
    • Total structure area: 932
    • Total interior livable area: 932 sqft
    • Finished area above ground: 932
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Driveway
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 0.16 Acres
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 56206924100000
    • Zoning: RC
    • Special conditions: Subject to Lease

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cottage,Ranch,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Aluminum
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Concord

    Financial & listing details

    • Price per square foot: $134/sqft
    • Tax assessed value: $128,810
    • Annual tax amount: $1,283
    • Date on market: 5/22/2026
    • Cumulative days on market: 117 days
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    9/30/2026Sold$125,000-13.8%$134/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    9/14/2026Price change$144,997-3.3%$156/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    8/17/2026Price change$149,997-3.2%$161/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    8/3/2026Price change$154,997-3.4%$166/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    7/9/2026Price change$160,447-8.3%$172/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    6/23/2026Price change$174,997-5.4%$188/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    6/10/2026Price change$184,997-7%$198/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    5/22/2026Listed for sale$199,000+1226.7%$214/sqft
    Source: Canopy MLS as distributed by MLS GRID #4384073 Report a problem
    8/23/2019Sold$15,000$16/sqft
    Source: Public Record Report a problem
    8/15/2017Listing removed$625$1/sqft
    Source: American Property Managers LLC Report a problem
    8/10/2017Price change$625+5%$1/sqft
    Source: American Property Managers LLC Report a problem
    8/8/2017Listed for rent$595$1/sqft
    Source: American Property Managers LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,283 $128,810
    2024$1,283 +95.5%$128,810 +139.5%
    2023$656 +2.1%$53,790 +2.1%
    2022$643 $52,670
    2021$643 +17.5%$52,670 +17.5%
    2019$547 +3.4%$44,830
    2018$529 $44,830
    2017$529 $44,830 -1%
    2016-- $45,290
    2015-- $45,290
    2014$534 $45,290
    2013-- $45,290
    2012-- $45,290 -13%
    2011-- $52,030
    2010-- $52,030
    2009-- $52,030 +1.2%
    2008-- $51,430 +14.5%
    2007-- $44,920
    2006-- $44,920
    2005-- $44,920
    2004-- $44,920 +11.6%
    2003-- $40,260
    2002-- $40,260
    2001-- $40,260
    2000-- $40,260
    Find assessor info on the county website

    Neighborhood: Gibson Village

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Coltrane-webb
    • Middle: Concord
    • High: Concord

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $139,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $139,300

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