4102 Craig Avenue
Charlotte, NC 28211
18
Bed
18.0
Bath
11,268Sqft
0.88Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 18Bathroom Information
Full Baths: 18Interior Features
Roof: Architectural Shingle Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator Laundry Features: NoneRoofing Information
Architectural Shingle -
Flooring Information
Flooring: Tile, Wood Construction Materials: Brick Full -
Heating & Cooling
Heating: Electric, Natural Gas, Separate Meters Cooling: Electric WaterSource: City
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Building Information
Year Built: 1961
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Lot Information
Lot Description: Corner Lot, Paved Lot Size Area: 0.88 acreProperty Information
Property Type: Residential Income Sub Type: Apartment
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Listing Price Information
Original List Price:$2900000
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Tax Information
Tax Assessed Value: 1966200 Parcel Number: 157-163-01
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Parking Information
Parking Lot
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School Information
Elementary School: Billingsville Cotswold Junior High School: Alexander Graham Senior High School: Myers Park -
Utility Information
Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Underground Utilities, Wired Internet Available Sewer: Public Sewer Water Source: City -
Location Information
City: Charlotte Direction: These units are in two locations: 4102 Craig Ave (two buildings) and 1401 Falcon Street (two buildings).
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6115 Coltswood Court, Charlotte, NC, 28211 | $425,000 | 3 | 2 | 1,230 | 1,230 SqFt |
| 6337 Welford Road, Charlotte, NC, 28211 | $429,000 | 3 | 2 | 1,605 | 1,605 SqFt |
| 7107 Valley Haven Drive, Charlotte, NC, 28211 | $549,000 | 3 | 2 | 1,561 | 1,561 SqFt |
| 1340 Piccadilly Drive, Charlotte, NC, 28211 | $900,000 | 4 | 3 | 2,685 | 2,685 SqFt |
| 7045 Burlwood Road, Charlotte, NC, 28211 | $779,000 | 4 | 4 | 2,716 | 2,716 SqFt |
| 6613 Rocky Falls Road, Charlotte, NC, 28211 | $925,000 | 4 | 4 | 3,034 | 3,034 SqFt |
| 6817 Ronda Avenue, Charlotte, NC, 28211 | $695,000 | 4 | 3 | 1,871 | 1,871 SqFt |
| 6801 Rollingridge Drive, Charlotte, NC, 28211 | $795,000 | 4 | 4 | 2,700 | 2,700 SqFt |
| 6207 Honegger Drive, Charlotte, NC, 28211 | $699,000 | 4 | 3 | 2,424 | 2,424 SqFt |
| 716 Regency Drive, Charlotte, NC, 28211 | $597,500 | 3 | 3 | 2,216 | 2,216 SqFt |
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ByOwner last updated this listing 07/31/2026 @ 06:20
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