Closed

$1,450,000

831 McAlway Rd, Charlotte, NC 28211

2beds

6,568sqft

Multi Family

Built in 1965

-- sqft lot

$-- Zestimate^®

$221/sqft

$1,421 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,421/mo

Zestimate^® history

Owner options

List your home for rent

$1,421/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,421/mo

Rent Zestimate^®

Refinance and save

$8,558/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$8,558/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

This turnkey 8-unit apartment complex presents an exceptional investment opportunity in Cotswold area of Charlotte NC. Offering a strong tenant base located in a prime location at the corner on McAlway Rd and a block from N Wendover. The property includes four 2/1.5 units and four 1/1 units, with 6 units fully renovated requiring minimal maintenance. Convenient area with retail nearby and easy access to all of Charlotte's best amenities – this property offers immediate income and long-term value.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 8
1/2 bathrooms: 4

Heating

Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Electric Range, Microwave, Refrigerator
Laundry: Other

Features

Has basement: No

Interior area

Total structure area: 6,568
Total interior livable area: 6,568 sqft
Finished area above ground: 6,568
Finished area below ground: 0

Property

Parking

Parking features: Parking Lot

Lot

Size: 0.52 Acres

Details

Parcel number: 15710220
Zoning: N2-B
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Partial
Foundation: Slab

Condition

New construction: No
Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Charlotte

Financial & listing details

Price per square foot: $221/sqft
Tax assessed value: $1,131,500
Date on market: 4/25/2025
Cumulative days on market: 8 days
Tenant pays: All Except Water
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
6/13/2025	Sold	$1,450,000-3.3%$221/sqft
Source: Canopy MLS as distributed by MLS GRID #4251307 Report a problem
4/25/2025	Listed for sale	$1,500,000+87.5%$228/sqft
Source: Canopy MLS as distributed by MLS GRID #4251307 Report a problem
3/16/2023	Sold	$800,000$122/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$1,131,500
2024	--	$1,131,500
2023	--	$1,131,500 +74.3%
2022	--	$649,300
2021	--	$649,300
2020	--	$649,300
2019	$6,998	$649,300 +70.6%
2018	--	$380,700
2017	$5,142	$380,700
2016	$5,142	$380,700
2015	$5,142 -1.2%	$380,700
2014	$5,202	$380,700
2013	--	$380,700 -0.4%
2012	--	$382,400
2011	--	$382,400 +42.6%
2009	--	$268,100
2008	--	$268,100
2007	--	$268,100
2006	--	--
2005	--	$270,200
2004	--	$270,200 -22.2%
2003	--	$347,500 +96.5%
2001	--	$176,880
2000	--	$176,880