Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted.
Closed
$130,000
154-156 Tournament Dr SW, Concord, NC 28025
4beds
1,390sqft
Duplex
Built in 1930
-- sqft lot
$295,200 Zestimate®
$94/sqft
$1,138 Estimated rent
Home value
$295,200
$266,000 - $328,000
$1,138/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
David Knapp davidtknapp@yahoo.com,
Home Ventures Realty,
Erin Garvey,
Home Ventures Realty
Bought with:
Richard Esquer
The Advisor Group Carolinas
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4100321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Natural Gas, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup
Features
- Flooring: Tile
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
- Finished area above ground: 1,390
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
Lot
- Size: 0.19 Acres
- Features: Sloped
Details
- Parcel number: 56209641530000
- Zoning: RC
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
Location
- Region: Concord
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $47,860
- Date on market: 1/14/2024
- Cumulative days on market: 16 days
- Listing terms: Cash
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: None, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $130,000-12.8%$94/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 4/1/2024 | Pending sale | $149,000$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 3/30/2024 | Listed for sale | $149,000$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 3/8/2024 | Pending sale | $149,000$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 3/4/2024 | Price change | $149,000-6.3%$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 1/24/2024 | Pending sale | $159,000$114/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
| 1/19/2024 | Listed for sale | $159,000$114/sqft |
Source: Canopy MLS as distributed by MLS GRID #4100321 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Logan
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Nearby schools
GreatSchools rating
- 6/10R B McAllister ElementaryGrades: K-5Distance: 0.9 mi
- 2/10Concord MiddleGrades: 6-8Distance: 1.9 mi
- 6/10Concord HighGrades: 9-12Distance: 1.9 mi
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Estimated market value
$295,200
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
$295,200
- North Carolina
- Cabarrus County
- Concord
- 28025
- Logan
- 154-156 Tournament Dr SW
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