Rare multifamily investment opportunity in Concord featuring two separate duplex buildings with four total residential units. Located at 112 and 114 Freeze Avenue NW, this property offers investors the flexibility of multiple income-producing units on one parcel.
Each building contains two units, creating a total of four rental residences with the potential for diversified occupancy and income. The setup may appeal to investors seeking to expand an existing portfolio, pursue a value-add opportunity, or explore an owner-occupant strategy while generating rental income from the remaining units.
Conveniently located near downtown Concord, shopping, dining, employment centers and major roadways.
Property is being sold as-is. Buyer and buyer’s agent should verify all information, including unit layouts, bedroom and bathroom counts, square footage, leases, rental income, utilities, zoning, permitted use, school assignments and property condition.
Active
Price cut: $29.9K (9/18)
$449,999
112 Freeze Ave NW, Concord, NC 28025
3beds
2,424sqft
Quadruplex
Built in 1935
-- sqft lot
$443,800 Zestimate®
$186/sqft
$-- HOA
What's special
Two separate duplex buildings
- 69 days
- 499
- 47
Zillow last checked:
Listing updated:
Listed by:
James Nieman contact@oaktree-re.com,
Oaktree Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4403975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 2,424
- Total interior livable area: 2,424 sqft
- Finished area above ground: 2,424
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 0.34 Acres
Details
- Parcel number: 56214162590000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Aluminum, Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Concord
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $285,280
- Annual tax amount: $2,841
- Date on market: 7/30/2026
- Cumulative days on market: 69 days
- Tenant pays: All Utilities
- Road surface type: Gravel
Estimated market value
$443,800
$422,000 - $466,000
$1,604/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $449,999-6.2%$186/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4403975 Report a problem | ||
| 8/18/2026 | Price change | $479,900-4%$198/sqft |
Source: Canopy MLS as distributed by MLS GRID #4403975 Report a problem | ||
| 7/31/2026 | Price change | $499,900+11.2%$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #4403975 Report a problem | ||
| 7/30/2026 | Listed for sale | $449,500+40%$185/sqft |
Source: Canopy MLS as distributed by MLS GRID #4403975 Report a problem | ||
| 5/16/2022 | Sold | $321,000+60.5%$132/sqft |
Source: Public Record Report a problem | ||
| 3/31/2022 | Sold | $200,000+60%$83/sqft |
Source: Public Record Report a problem | ||
| 6/2/1999 | Sold | $125,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,841 | $285,280 |
| 2024 | $2,841 +169.8% | $285,280 +230.5% |
| 2023 | $1,053 | $86,310 |
| 2022 | $1,053 | $86,310 |
| 2021 | $1,053 +28% | $86,310 +28% |
| 2019 | $823 +3.4% | $67,420 |
| 2018 | $796 | $67,420 |
| 2017 | $796 | $67,420 -42.7% |
| 2016 | -- | $117,690 |
| 2015 | -- | $117,690 |
| 2014 | $1,389 | $117,690 |
| 2013 | -- | $117,690 |
| 2012 | -- | $117,690 -5.5% |
| 2011 | -- | $124,510 |
| 2009 | -- | $124,510 +0.4% |
| 2008 | -- | $124,040 +0.4% |
| 2007 | -- | $123,570 +143% |
| 2006 | -- | $50,850 |
| 2005 | -- | $50,850 -59.6% |
| 2004 | -- | $125,770 +24.6% |
| 2003 | -- | $100,940 |
| 2002 | -- | $100,940 |
| 2001 | -- | $100,940 |
| 2000 | -- | $100,940 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Gibson Village
Nearby schools
Schools provided by the listing agent
- 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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