Investor opportunity in the University Area with tenant in place and current monthly rent of $2,100. This brick-front ranch offers a practical, easy-to-rent layout with an open living area, vaulted ceiling, fireplace, attached garage, laundry area, and a rear deck overlooking a fenced backyard with mature trees. The home has the kind of everyday functionality tenants value, including comfortable gathering space, defined bedrooms, storage, and outdoor space that feels private without being high-maintenance.
This area continues to be a strategic location for rental ownership, positioned close to UNC Charlotte, University City, Harrisburg, Reedy Creek Park, shopping, dining, entertainment, and commuter routes into Uptown Charlotte. The neighborhood offers a suburban residential feel while keeping major employment, education, and lifestyle amenities within reach. For an investor looking for immediate rental income, location strength, and a property that already has occupancy in place, this is a strong addition to consider.
Tenant occupied. Please do not disturb tenant. Lease terms, rental history, and all investment details to be verified by buyer.
12 days
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981
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89
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joslyn Blackburnjoslyn@joslynsellsrealestate.com,
Keller Williams Unlimited
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4401738
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3
Primary bedroom
Level: Main
Bedroom s
Level: Main
Bedroom s
Level: Main
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Disposal, Electric Oven
Laundry: Laundry Closet
Features
Has basement: No
Interior area
Total structure area: 1,245
Total interior livable area: 1,245 sqft
Finished area above ground: 1,245
Finished area below ground: 0
Property
Parking
Total spaces: 1
Parking features: Driveway, Garage on Main Level
Garage spaces: 1
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Lot
Size: 0.11 Acres
Details
Parcel number: 05131313
Zoning: N1-D
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Brick Partial, Vinyl
Foundation: Crawl Space
Condition
New construction: No
Year built: 1998
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Community
Subdivision: Faires Farm
HOA
Has HOA: Yes
HOA fee: $360 annually
Location
Region: Charlotte
Financial & listing details
Price per square foot: $229/sqft
Tax assessed value: $267,000
Date on market: 7/9/2026
Cumulative days on market: 12 days
Listing terms: Cash,Conventional
Road surface type: Concrete
Estimated market value
Zestimate®
$280,500
Estimated sales range
$266,000 - $295,000
Rent Zestimate®
$1,932/mo
Price history
Date
Event
Price
7/9/2026
Listed for sale
$285,000+171.4%$229/sqft
Source: Canopy MLS as distributed by MLS GRID #4401738Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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