NOTE: MULTI-OFFER SITUATION. SELLER CALLING FOR HIGHEST AND BEST BY TUESDAY 3PM, 12/31.Excellent investment opportunity within an Opportunity Zone just off N Graham St, less than 1 mile from Camp North End. This four unit property is being sold "as is", with ample value add opportunity given local area market rents. NOTE: Property is 100% occupied, PLEASE DO NOT DISTURB TENANTS.
Closed
$500,000
2329 Rachel St, Charlotte, NC 28206
8beds
2,550sqft
Quadruplex
Built in 1956
-- sqft lot
$533,500 Zestimate®
$196/sqft
$1,922 Estimated rent
Home value
$533,500
$491,000 - $582,000
$1,922/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Andy Jones Andy@kinleyresidential.com,
Kinley Properties Inc
Bought with:
Angela Ambroise
Urban Roots Real Estate Advisors LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4209105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Oven, Electric Range, Refrigerator
- Laundry: None
Features
- Has basement: No
Interior area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
- Finished area above ground: 2,550
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
Lot
- Size: 0.32 Acres
Details
- Parcel number: 07906586
- Zoning: R100
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Charlotte
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $334,800
- Annual tax amount: $3,266
- Date on market: 12/26/2024
- Cumulative days on market: 8 days
- Tenant pays: All Utilities
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $500,000+0.2%$196/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4209105 Report a problem | ||
| 1/3/2025 | Pending sale | $499,000$196/sqft |
Source: Canopy MLS as distributed by MLS GRID #4209105 Report a problem | ||
| 12/26/2024 | Listed for sale | $499,000+460.7%$196/sqft |
Source: Canopy MLS as distributed by MLS GRID #4209105 Report a problem | ||
| 3/29/2005 | Sold | $89,000-10.1%$35/sqft |
Source: Public Record Report a problem | ||
| 10/6/2000 | Sold | $99,000-50.5%$39/sqft |
Source: Public Record Report a problem | ||
| 1/23/1998 | Sold | $200,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,266 | $334,800 |
| 2024 | -- | $334,800 |
| 2023 | -- | $334,800 +218.9% |
| 2022 | -- | $105,000 |
| 2021 | -- | $105,000 |
| 2020 | -- | $105,000 |
| 2019 | -- | $105,000 +174.9% |
| 2018 | $795 +45.2% | $38,200 |
| 2017 | $548 | $38,200 |
| 2016 | $548 | $38,200 |
| 2015 | $548 | $38,200 |
Find assessor info on the county website
Neighborhood: Druid Hills South
Nearby homes
- $212,6002 bd1 ba650 sqft2329 Rachel St APT 1, Charlotte, NC 28206Off Market
- $345,5002 bd1 ba650 sqft2329 Rachel St APT 2, Charlotte, NC 28206Off Market
- $345,5002 bd1 ba650 sqft2329 Rachel St APT 3, Charlotte, NC 28206Off Market
- $347,4004 bd2 ba1.8k sqft2222 Edison St, Charlotte, NC 28206Off Market
- $272,6003 bd2 ba1.3k sqft2218 Edison St, Charlotte, NC 28206Off Market
- $328,9004 bd3 ba1.9k sqft2401 Rachel St, Charlotte, NC 28206Off Market
- $296,7003 bd1 ba1.1k sqft2226 Edison St, Charlotte, NC 28206Off Market
- $311,8003 bd1 ba1.1k sqft2226 Edison St #23, Charlotte, NC 28206Off Market
Nearby schools
GreatSchools rating
- 7/10Druid Hills ElementaryGrades: PK-8Distance: 0.5 mi
- 5/10West Charlotte HighGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Druid Hills
- Middle: Druid Hills Academy
- High: West Charlotte
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
$533,500
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
$533,500
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