Nearly an ACRE of Opportunity in Monroe’s Brookstone Village!
This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy.
The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms — ideal for multi-tenant use, extended living arrangements, or future reconfiguration.
Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point.
Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.
Under contract-no show
Price cut: $9K (8/11)
$280,000
508 Deese St, Monroe, NC 28112
6beds
3,050sqft
Single Family Residence
Built in 1955
0.79 Acres Lot
$274,400 Zestimate®
$92/sqft
$-- HOA
What's special
Cozy side patioSpacious backyardOversized drivewayAmple parkingPrivate suite
- 108 days
- 1,068
- 75
Zillow last checked:
Listing updated:
Listed by:
Courtenay Burke cburke@rentercasa.com,
Rentercasa Buyercasa LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4392767
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
- Laundry: In Hall, Inside, Laundry Closet, Main Level
Features
- Basement: Finished
Interior area
- Total structure area: 1,583
- Total interior livable area: 3,050 sqft
- Finished area above ground: 1,583
- Finished area below ground: 1,467
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.79 Acres
Details
- Parcel number: 09194076
- Zoning: AQ5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Brookstone Village
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $352,000
- Annual tax amount: $3,077
- Date on market: 6/11/2026
- Cumulative days on market: 109 days
- Road surface type: Concrete, Paved
Estimated market value
$274,400
$261,000 - $288,000
$2,610/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Pending sale | $280,000$92/sqft |
Source: | ||
| 9/1/2026 | Listed for sale | $280,000$92/sqft |
Source: | ||
| 8/26/2026 | Pending sale | $280,000$92/sqft |
Source: | ||
| 8/11/2026 | Price change | $280,000-3.1%$92/sqft |
Source: | ||
| 8/4/2026 | Price change | $289,000-3.6%$95/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $299,900+0.3%$98/sqft |
Source: | ||
| 8/18/2025 | Listing removed | $299,000$98/sqft |
Source: | ||
| 7/9/2025 | Price change | $299,000-12%$98/sqft |
Source: | ||
| 6/6/2025 | Listed for sale | $339,900-9.1%$111/sqft |
Source: | ||
| 3/19/2025 | Listing removed | $374,000$123/sqft |
Source: | ||
| 12/11/2024 | Price change | $374,000-3.9%$123/sqft |
Source: | ||
| 11/2/2024 | Price change | $389,000-2.5%$128/sqft |
Source: | ||
| 10/17/2024 | Listed for sale | $399,000+17.4%$131/sqft |
Source: | ||
| 10/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2022 | Listed for rent | $750 |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2022 | Sold | $340,000+6.3%$111/sqft |
Source: | ||
| 7/6/2022 | Pending sale | $320,000$105/sqft |
Source: | ||
| 6/27/2022 | Price change | $320,000-3.6%$105/sqft |
Source: | ||
| 6/14/2022 | Price change | $332,000-2.4%$109/sqft |
Source: | ||
| 6/3/2022 | Listed for sale | $339,995$111/sqft |
Source: | ||
| 5/20/2022 | Listing removed | -- |
Source: | ||
| 5/19/2022 | Pending sale | $339,995$111/sqft |
Source: | ||
| 5/6/2022 | Price change | $339,995-2.9%$111/sqft |
Source: | ||
| 4/27/2022 | Listed for sale | $350,000$115/sqft |
Source: | ||
| 4/7/2022 | Contingent | $350,000+70.7%$115/sqft |
Source: | ||
| 2/7/2022 | Sold | $205,000+412.5%$67/sqft |
Source: Public Record Report a problem | ||
| 3/20/2018 | Sold | $40,000-54.5%$13/sqft |
Source: Public Record Report a problem | ||
| 7/13/2011 | Sold | $88,000+8.6%$29/sqft |
Source: Public Record Report a problem | ||
| 3/17/2008 | Sold | $81,000+3140%$27/sqft |
Source: Public Record Report a problem | ||
| 12/20/2006 | Sold | $2,500$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,077 +11.3% | $352,000 +38.8% |
| 2024 | $2,766 +26.4% | $253,600 +26.4% |
| 2023 | $2,189 | $200,700 |
| 2022 | $2,189 | $200,700 |
| 2021 | $2,189 +50% | $200,700 +85.3% |
| 2020 | $1,459 | $108,300 |
| 2019 | $1,459 | $108,300 0% |
| 2018 | $1,459 | $108,310 +0% |
| 2017 | $1,459 -0.4% | $108,300 0% |
| 2016 | $1,465 +74.2% | $108,310 |
| 2015 | $841 -36% | $108,310 +1% |
| 2014 | $1,314 | $107,220 |
| 2013 | -- | $107,220 |
| 2012 | -- | $107,220 -0.4% |
| 2011 | -- | $107,670 |
| 2010 | -- | $107,670 |
| 2009 | $716 | $107,670 |
| 2008 | $716 -7% | $107,670 -0.6% |
| 2007 | $770 +11.7% | $108,300 |
| 2006 | $690 | $108,300 +2.6% |
| 2005 | -- | $105,570 |
| 2004 | -- | $105,570 +9.1% |
| 2003 | -- | $96,760 |
| 2002 | -- | $96,760 |
| 2001 | -- | $96,760 |
| 2000 | -- | $96,760 |
Find assessor info on the county website
Monthly payment
Est. payment





