Investor/value-add opportunity in the heart of Troutman. This 2 bedroom, 1 bath home sits on a 0.15-acre lot zoned CB (Central Business), offering flexibility beyond traditional residential use. Built in 1949, the home is being sold as-is and is ready for a buyer to bring their vision, whether that's a light rehab for rental or resale, or something more suited to the commercial zoning. Located directly across from Troutman Elementary and just a short walk from downtown Troutman's shops and restaurants, with easy access to Lake Norman and I-77. Sold strictly as-is. Do not disturb tenant.
4 days
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114
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6
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Reiggin Hilderbrandreiggin@theplumblinelife.com,
The Plumb Line Realty, Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4408749
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2
Bedroom s
Level: Main
Bathroom full
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Propane, Radiant
Cooling
Window Unit(s)
Appliances
Included: None
Laundry: Main Level
Features
Has basement: No
Fireplace features: Gas Log
Interior area
Total structure area: 992
Total interior livable area: 992 sqft
Finished area above ground: 992
Finished area below ground: 0
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Lot
Size: 0.15 Acres
Features: Cleared
Details
Parcel number: 4731958251.000
Zoning: CB
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Asbestos
Foundation: Crawl Space
Condition
New construction: No
Year built: 1949
Utilities & green energy
Sewer: Public Sewer
Water: City
Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
Subdivision: None
Location
Region: Troutman
Financial & listing details
Price per square foot: $227/sqft
Tax assessed value: $98,560
Annual tax amount: $1,144
Date on market: 7/28/2026
Cumulative days on market: 4 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Gravel, Paved
Estimated market value
Zestimate®
$218,100
Estimated sales range
$207,000 - $229,000
Rent Zestimate®
$1,520/mo
Price history
Date
Event
Price
7/28/2026
Listed for sale
$225,000$227/sqft
Source: Canopy MLS as distributed by MLS GRID #4408749Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.