Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
Active
$2,950,000
4102 Craig Ave, Charlotte, NC 28211
1beds
11,268sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
Modernized kitchens
- 107 days
- 181
- 9
Zillow last checked:
Listing updated:
Listed by:
John Cockman wataugarealtor@gmail.com,
BnBCabins Inc
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4399631
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 18
Heating
- Electric, Natural Gas, Separate Meters
Cooling
- Electric
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator
- Laundry: None
Features
- Flooring: Tile, Wood
- Has basement: No
Interior area
- Total structure area: 11,268
- Total interior livable area: 11,268 sqft
- Finished area above ground: 11,268
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 1
- Patio & porch: Front Porch, Rear Porch
Lot
- Size: 0.88 Acres
- Features: Corner Lot, Paved
Details
- Additional parcels included: 157-205-13
- Parcel number: 15716301
- Zoning: N2-B
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Smoke Detector(s)
Location
- Region: Charlotte
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $1,966,200
- Date on market: 7/25/2026
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,089/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $2,950,000$262/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4399631 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $974,500 |
| 2024 | -- | $974,500 |
| 2023 | -- | $974,500 +52.3% |
| 2022 | -- | $639,700 |
| 2021 | -- | $639,700 |
| 2020 | -- | $639,700 |
| 2019 | $6,997 | $639,700 +134.5% |
| 2018 | -- | $272,800 |
| 2017 | -- | $272,800 |
| 2016 | -- | $272,800 |
| 2015 | -- | $272,800 |
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: Cotswold
Nearby schools
Schools provided by the listing agent
- Elementary: Billingsville Cotswold
- Middle: Alexander Graham
- High: Myers Park
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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