Multifamily Investment Opportunity
Income-producing multifamily property on 1.06 acres . Location is quiet and secluded and features 3 buildings and 7 units. Units A & B – 3BR/1BA; Units C–F – 1BR/1BA; Unit G – 3BR/2BA.
One-level layout with no stairs enhances tenant accessibility and rental appeal.
Ideal for investors seeking steady cash flow with value-add potential.
Neighboring lot at N Boundary St also for sale MLS #4347706
Under contract-show
Price cut: $25K (6/3)
$575,000
400 Boundary St, Salisbury, NC 28144
13beds
--sqft
Duplex
Built in 1990
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 145 days |
- 267 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Shanteria Williams shanteria@fulcrumpg.com,
Keller Williams South Park
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4347066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: None
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Has basement: No
Interior area
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Parking Space(s)
Features
- Stories: 1
Lot
- Size: 1.06 Acres
Details
- Parcel number: 027041
- Zoning: R-1
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum, Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Salisbury
Financial & listing details
- Tax assessed value: $252,752
- Annual tax amount: $3,640
- Date on market: 2/18/2026
- Cumulative days on market: 144 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Water
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,494/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $575,000-4.2% |
Source:  Canopy MLS as distributed by MLS GRID #4347066 Report a problem | ||
| 4/11/2026 | Price change | $600,000-4% |
Source: Canopy MLS as distributed by MLS GRID #4347066 Report a problem | ||
| 2/19/2026 | Listed for sale | $625,000 |
Source: Canopy MLS as distributed by MLS GRID #4347066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,640 | $252,752 |
| 2024 | $3,640 +16.1% | $252,752 |
| 2023 | $3,134 +4% | $252,752 +10.5% |
| 2022 | $3,015 | $228,820 |
| 2021 | $3,015 | $228,820 |
| 2020 | $3,015 | $228,820 |
| 2019 | $3,015 +89.8% | $228,820 +90.5% |
| 2018 | $1,588 +3.9% | $120,101 |
| 2017 | $1,529 | $120,101 |
| 2016 | $1,529 | $120,101 -34.2% |
| 2015 | $1,529 -35.2% | $182,440 |
| 2014 | $2,358 | -- |
| 2013 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28144
Nearby schools
GreatSchools rating
- 4/10E Hanford Dole Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10North Rowan Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10North Rowan High SchoolGrades: 9-12Distance: 1.5 mi
- $170,7004 bd3 ba-- sqft1602 S Boundary St, Salisbury, NC 28144Off Market
- $35,1752.01 AcresBoundary St, East spencer, NC 28144Off Market
- $28,0842.95 AcresBoundary St, East spencer, NC 28144Off Market
- $6,8800.5 AcresBoundary St, East spencer, NC 28144Off Market
- $62,4005 AcresBoundary St, East spencer, NC 28144Off Market
- $7,650-- bd-- ba-- sqftBoundary St, East spencer, NC 28144Off Market
- $32,032-- bd-- ba-- sqftBoundary St, East spencer, NC 28144Off Market
- $37,1523.44 AcresBoundary St, East spencer, NC 28144Off Market
A local agent can set up tours, give advice and negotiate with sellers.
