Description
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.
Address
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Address: 4102 Craig Avenue, Charlotte, North Carolina 28211
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City: Charlotte
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State/county: NC
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Zip/Postal Code: 28211
Details
Updated on July 25, 2026 at 2:44 pm-
Property ID 4399631
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Price $2,950,000
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Property Size 11268 m²
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Bedrooms 18
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Bathrooms 18
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Year Built 1961
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Property Type Apartment, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Underground Utilities, Wired Internet Available
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Sewer Public Sewer
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Cooling Electric
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Heating Electric, Natural Gas, Separate Meters
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Flooring Tile, Wood
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County Mecklenburg
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Billingsville Cotswold
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Middle School Alexander Graham
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High School Myers Park
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Community Features Sidewalks, Street Lights
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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