Rare Investment Opportunity in Uptown Charlotte! Fully refreshed quadruplex at 221 N Cedar Street featuring four spacious 2BR/1BA units. Prime location just steps from the Lynx Blue Line, Johnson & Wales University, and countless city amenities. Each unit offers updated interiors and access to a open backyard with mature landscaping providing maximum privacy for tenant use and enjoyment. All units also have a private deck/balcony and outdoor storage closet. Strong rental potential in a highly walkable, transit-friendly area—ideal for investors or owner-occupants.
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$1,185,000
221 N Cedar St, Charlotte, NC 28202
2beds
3,420sqft
Quadruplex
Built in 1984
-- sqft lot
$1,183,800 Zestimate®
$346/sqft
$1,551 Estimated rent
Home value
$1,183,800
$1.09M - $1.28M
$1,551/mo
Zestimate® history
Owner options
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$1,551/mo
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$1,551/mo
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$7,089/mo
Est. payment
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$7,089/mo
Est. payment
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List your homeWhat's special
Updated interiorsOutdoor storage closet
Zillow last checked:
Listing updated:
Listed by:
Rachel Frazier rachel@frazierkochgroup.com,
Savvy + Co Real Estate,
Siobhan Koch,
Savvy + Co Real Estate
Bought with:
Carissa Sanchez
ERA Live Moore
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4268658
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: In Bathroom
Features
- Has basement: No
Interior area
- Total structure area: 3,420
- Total interior livable area: 3,420 sqft
- Finished area above ground: 3,420
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Parking Space(s)
Features
- Stories: 2
- Patio & porch: Balcony, Enclosed
Lot
- Size: 0.13 Acres
Details
- Parcel number: 07814114
- Zoning: N2-B
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Third Ward
Location
- Region: Charlotte
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $751,200
- Annual tax amount: $6,556
- Date on market: 6/11/2025
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $1,185,000-3.4%$346/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4268658 Report a problem | ||
| 6/11/2025 | Listed for sale | $1,227,000+2033.9%$359/sqft |
Source: Canopy MLS as distributed by MLS GRID #4268658 Report a problem | ||
| 3/27/2006 | Sold | $57,500$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,556 +2.5% | $751,200 |
| 2024 | $6,398 +3.8% | $751,200 |
| 2023 | $6,163 -21% | $751,200 +0.7% |
| 2022 | $7,804 +0.6% | $746,100 |
| 2021 | $7,759 +0.4% | $746,100 |
| 2020 | $7,730 +0.8% | $746,100 |
| 2019 | $7,668 +42.9% | $746,100 +96.1% |
| 2018 | $5,365 +3.1% | $380,500 |
| 2017 | $5,203 | $380,500 |
| 2016 | $5,203 | $380,500 |
| 2015 | $5,203 +8.6% | $380,500 +6.8% |
| 2014 | $4,791 | $356,200 |
| 2013 | -- | $356,200 |
| 2012 | -- | $356,200 |
| 2011 | -- | $356,200 +80.4% |
| 2010 | -- | $197,400 |
| 2009 | -- | $197,400 |
| 2008 | -- | $197,400 |
| 2007 | -- | -- |
| 2006 | -- | $196,000 |
| 2005 | -- | $196,000 |
| 2004 | -- | $196,000 |
| 2003 | -- | $196,000 +28.5% |
| 2002 | -- | $152,520 |
| 2001 | -- | $152,520 |
| 2000 | -- | $152,520 |
Find assessor info on the county website
Neighborhood: Third Ward
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Nearby schools
GreatSchools rating
- 5/10First Ward Arts ElementaryGrades: K-5Distance: 1 mi
- 4/10Sedgefield MiddleGrades: 6-8Distance: 2.6 mi
- 7/10Myers Park HighGrades: 9-12Distance: 4.5 mi
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Estimated market value
$1,183,800
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
$1,183,800
- North Carolina
- Mecklenburg County
- Charlotte
- 28202
- Third Ward
- 221 N Cedar St
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