Investor Opportunity in 28205. Prime Income-Producing Portfolio. Seize this rare opportunity to acquire a portfolio of income-producing properties in the thriving 28205 area code, on the edge of Grier Heights. Perfectly positioned just minutes from Uptown Charlotte and surrounded by a wealth of amenities, this investment offers both immediate cash flow and significant long-term appreciation potential. Portfolio Highlights: 7 Individual Lots: Spanning approximately 1.76 acres of valuable land. 10 Buildings: A mix of single-family homes, duplexes, and triplexes, providing a total of 19 rentable units. Endless Potential: Rent as-is for steady income, renovate to increase ROI, hold as the area's value continues to climb, tear down and build new. This is an exceptional opportunity for savvy investors looking to expand their portfolio in a high-demand area or for builders looking for their next project. Don't miss out on this lucrative offering.
Property Details
Property Features
Property Information:
Year Built: 1951
Listing Office:
Office Name: Humrickhouse Realty LLC
Office Email: tom@humrickhouserealty.com
Interior Features
Interior Information:
Appliances: Other
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Parking Information:
Parking: Other - See Remarks
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $2,700,000
Tax Information:
Annual Amount: $2,321
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Charlotte, NC.
This property is $2.2M more than the Median Sold Price in Charlotte, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4206883
Listing Office:
Office Name: Humrickhouse Realty LLC
Office Email: tom@humrickhouserealty.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Chantilly Montessori
701 Briar Creek Rd
Distance between this listing and this school0.44 miles
Public Magnet Grades PK-6
7
/10
Eastover Elementary School
500 Cherokee Rd
Distance between this listing and this school1.05 miles
Public District Grades KG-5
6
/10
Oakhurst STEAM Academy
4511 Monroe Rd
Distance between this listing and this school1.27 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Randolph Middle School
4400 Water Oak Rd
Distance between this listing and this school1.37 miles
Public Magnet Grades 6-8
5
/10
Eastway Middle School
1501 Norland Rd
Distance between this listing and this school1.59 miles
Public Magnet Grades 6-8
7
/10
Piedmont Middle School
1241 E 10th St
Distance between this listing and this school1.82 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Hawthorne Academy of Health Sciences
1411 Hawthorne Ln
Distance between this listing and this school1.90 miles
Public Magnet Grades 9-12
3
/10
Military and Global Leadership
1411 Hawthorne Ln Ste A
Distance between this listing and this school1.90 miles
Public Magnet Grades 9-12
1
/10
Commonwealth High School
5112 Central Ave
Distance between this listing and this school2.65 miles
The neighbors living near this home have an average income of $17,994. The most common annual income of people living in Charlotte, NC is less than $35k. Residents typically live in single, with kids family. The most common level of education of people living in this area is high school diploma.
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This home is located at 3100 Dunn Ave in Charlotte, NC and zip code 28205 in the Grier Heights neighborhood. This home was built in 1951. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $2,700,000.
While more than 157 listings in Charlotte, NC in November 2024 were sold above asking price, there were more than 195 listings sold at asking price, and more than 465 were sold below. The number of listings in Charlotte, NC decreased by 3.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $420,468, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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