Rare opportunity in the heart of Salisbury! This versatile property features four distinct living spaces, offering immediate cash flow with significant value-add potential. Originally constructed as a single-family residence, it has been reconfigured to accommodate a large multigenerational family, a thriving rental portfolio, or a live-work setup.
Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area.
Two Efficiency Studio Units: Each offers a 1BR/1BA setup with a convenient kitchenette—perfect for traveling nurses, short-term rentals, or quiet professional office suites.
Expansion Potential: The walk-out basement features full-sized windows and private exterior doors, ready to be finished into a 5th income-producing unit.
Whether you want to house-hack, host a multi-generational family, or maximize your rental yield, this property offers incredible flexibility. Bring your vision and explore the massive potential!
Active
Price cut: $18K (6/4)
$490,000
301 N Fulton St, Salisbury, NC 28144
4beds
2,935sqft
Quadruplex
Built in 1953
-- sqft lot
$469,500 Zestimate®
$167/sqft
$-- HOA
What's special
Walk-out basementFull kitchensFour distinct living spacesFull-sized windowsConvenient kitchenettePrivate exterior doors
- 117 days
- 273
- 20
Zillow last checked:
Listing updated:
Listed by:
Maia J Smith 704-267-7888,
Freedom Living Realty,
Rachel Gutierrez,
Freedom Living Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377308
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater, Microwave
- Laundry: In Basement
Features
- Basement: Daylight,Exterior Entry,Unfinished,Walk-Out Access
Interior area
- Total structure area: 2,935
- Total interior livable area: 2,935 sqft
- Finished area above ground: 1,854
- Finished area below ground: 1,081
Property
Parking
- Total spaces: 6
- Parking features: Circular Driveway, Driveway, Parking Space(s)
- Uncovered spaces: 6
- Details: Parking at the front on a driveway and additional parking at the back
Features
- Stories: 1
- Exterior features: Fire Pit, Storage
Lot
- Size: 0.39 Acres
- Features: Corner Lot
Details
- Parcel number: 006434
- Zoning: SFR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick Full, Vinyl
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Salisbury
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $371,558
- Annual tax amount: $4,626
- Date on market: 5/5/2026
- Cumulative days on market: 117 days
- Road surface type: Concrete, Gravel, Paved
Estimated market value
$469,500
$446,000 - $493,000
$1,417/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $490,000-3.5%$167/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4377308 Report a problem | ||
| 5/5/2026 | Listed for sale | $508,000+3.7%$173/sqft |
Source: Canopy MLS as distributed by MLS GRID #4377308 Report a problem | ||
| 12/28/2025 | Listing removed | $490,000$167/sqft |
Source:  Doorify MLS #10126152 Report a problem | ||
| 12/3/2025 | Price change | $490,000-6.7% |
Source:  Triad MLS #1198274 Report a problem | ||
| 10/13/2025 | Listed for sale | $525,000+43.4% |
Source: Triad MLS #1198274 Report a problem | ||
| 6/1/2022 | Sold | $366,000-7.3%$125/sqft |
Source: Canopy MLS as distributed by MLS GRID #3847048 Report a problem | ||
| 4/27/2022 | Contingent | $395,000$135/sqft |
Source: Canopy MLS as distributed by MLS GRID #3851239 Report a problem | ||
| 4/7/2022 | Listed for sale | $395,000+76.3%$135/sqft |
Source: Canopy MLS as distributed by MLS GRID #3847048 Report a problem | ||
| 12/14/2021 | Sold | $224,000-10.4%$76/sqft |
Source: Canopy MLS as distributed by MLS GRID #3787237 Report a problem | ||
| 9/23/2021 | Pending sale | $250,000$85/sqft |
Source: Canopy MLS as distributed by MLS GRID #3787237 Report a problem | ||
| 9/17/2021 | Listed for sale | $250,000$85/sqft |
Source: Canopy MLS as distributed by MLS GRID #3787237 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,626 | $371,558 |
| 2024 | $4,626 +4.1% | $371,558 |
| 2023 | $4,444 +34.5% | $371,558 +54.9% |
| 2022 | $3,304 | $239,907 |
| 2021 | -- | $239,907 |
| 2020 | -- | $239,907 |
| 2019 | -- | $239,907 +22.5% |
| 2018 | $2,702 | $195,880 |
| 2017 | -- | $195,880 |
| 2016 | -- | $195,880 |
| 2015 | -- | -- |
| 2014 | -- | $202,180 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West End
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