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  • $250,000

    338 Magnolia St NW, Concord, NC 28025

    2beds
    1,383sqft
    Duplex
    Built in 1900
    -- sqft lot
    $269,500 Zestimate®
    $181/sqft
    $1,309 Estimated rent

    Home value

    $269,500

    $248,000 - $294,000

    $1,309/mo

    Zestimate® history
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    $1,592/mo

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    What's special

    Investment Opportunity! All Brick, easy to maintain duplex located in a great rental area of Concord. Both units are freshly painted & feature 2 bedrooms,1 bath, LR, kitchen & laundry area. The LR's & BR's have hardwood floors & ceiling fans, Kitchens w/new stoves & refrigerators, window unit a/c's & furnaces. Unit 338 is currently on a month to month lease, while unit 340 is vacant, cleaned & ready to rent making this duplex a turnkey investment for immediate income! This property is being sold "as is". The seller has worked diligently to prepare it for sell in great condition & is not aware of any current issues. The home is located just 1.5 miles from downtown Concord, which is undergoing significant renovations & improvements & less than a mile to Gibson Mills, home to restaurants, breweries, shops & more. Unit 338 is tenant occupied & will not be shown until an acceptable offer has been received. See addil't duplex for sale next door at 297 Moore Dr/346 Magnolia St.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Stewart christine.stewart@allentate.com,

    Howard Hanna Allen Tate Concord

    Bought with:

    John Shaw

    COMPASS

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4186196MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 2
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • Ceiling Fan(s), Window Unit(s)
    Appliances
    • Included: Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Mud Room, Inside, Washer Hookup
    Features
    • Flooring: Vinyl, Wood
    • Has basement: No
    Interior area
    • Total structure area: 1,383
    • Total interior livable area: 1,383 sqft
    • Finished area above ground: 1,383
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Parking Space(s)
    Features
    • Patio & porch: Covered, Front Porch
    • Fencing: Back Yard,Barbed Wire,Fenced,Partial,Wood
    Lot
    • Size: 0.13 Acres
    Details
    • Parcel number: 56203879910000
    • Zoning: RC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick Full, Vinyl
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Concord

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $201,410
    • Annual tax amount: $2,006
    • Date on market: 9/26/2024
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
    • Road surface type: Dirt, Gravel, Paved

    Price history

    DateEventPrice
    7/24/2026Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    7/22/2026Listed for rent$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2026Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    6/30/2026Price change$1,100-4.3%$1/sqft
    Source: Zillow Rentals Report a problem
    5/26/2026Price change$1,150-4.2%$1/sqft
    Source: Zillow Rentals Report a problem
    3/24/2026Listed for rent$1,200+4.3%$1/sqft
    Source: Zillow Rentals Report a problem
    2/20/2025Listing removed$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    2/19/2025Listed for rent$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    2/18/2025Listing removed$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    2/10/2025Price change$1,150-4.2%$1/sqft
    Source: Zillow Rentals Report a problem
    1/15/2025Price change$1,200-4%$1/sqft
    Source: Zillow Rentals Report a problem
    12/26/2024Listed for rent$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    12/23/2024Sold$250,000+2.5%$181/sqft
    Source: Canopy MLS as distributed by MLS GRID #4186196 Report a problem
    11/19/2024Listed for sale$243,900$176/sqft
    Source: Canopy MLS as distributed by MLS GRID #4186196 Report a problem
    9/27/2024Listing removed$243,900$176/sqft
    Source: Canopy MLS as distributed by MLS GRID #4186196 Report a problem
    9/26/2024Listed for sale$243,900$176/sqft
    Source: Canopy MLS as distributed by MLS GRID #4186196 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,006 $201,410
    2024$2,006 +216.8%$201,410 +288%
    2023$633 $51,910
    2022$633 $51,910
    2021$633 -2.4%$51,910 -2.4%
    2019$649 +3.4%$53,170
    2018$627 $53,170
    2017$627 $53,170 -13.9%
    2016-- $61,760
    2015-- $61,760
    2014$729 $61,760
    2013-- $61,760
    2012-- $61,760 -9.7%
    2011-- $68,370
    2010-- $68,370
    2009-- $68,370
    2008-- $68,370 +8.7%
    2007-- $62,870
    2006-- $62,870
    2005-- $62,870
    2004-- $62,870 +13%
    2003-- $55,640
    2002-- $55,640
    2001-- $55,640
    2000-- $55,640
    Find assessor info on the county website

    Neighborhood: Gibson Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $269,500
    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
    $269,500