Investment Opportunity! All Brick, easy to maintain duplex located in a great rental area of Concord. Both units are freshly painted & feature 2 bedrooms,1 bath, LR, kitchen & laundry area. The LR's & BR's have hardwood floors & ceiling fans, Kitchens w/new stoves & refrigerators, window unit a/c's & furnaces. Unit 338 is currently on a month to month lease, while unit 340 is vacant, cleaned & ready to rent making this duplex a turnkey investment for immediate income! This property is being sold "as is". The seller has worked diligently to prepare it for sell in great condition & is not aware of any current issues. The home is located just 1.5 miles from downtown Concord, which is undergoing significant renovations & improvements & less than a mile to Gibson Mills, home to restaurants, breweries, shops & more. Unit 338 is tenant occupied & will not be shown until an acceptable offer has been received. See addil't duplex for sale next door at 297 Moore Dr/346 Magnolia St.
Closed
$250,000
338 Magnolia St NW, Concord, NC 28025
2beds
1,383sqft
Duplex
Built in 1900
-- sqft lot
$250,200 Zestimate®
$181/sqft
$1,179 Estimated rent
Home value
$250,200
$230,000 - $273,000
$1,179/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2024 at 11:07am
Listing Provided by:
Christine Stewart christine.stewart@allentate.com,
Allen Tate Concord
Bought with:
John Shaw
COMPASS
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4186196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Natural Gas, Wall Furnace
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, Mud Room, Inside, Washer Hookup
Features
- Flooring: Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 1,383
- Total interior livable area: 1,383 sqft
- Finished area above ground: 1,383
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Space(s)
Features
- Patio & porch: Covered, Front Porch
- Fencing: Back Yard,Barbed Wire,Fenced,Partial,Wood
Lot
- Size: 0.13 Acres
Details
- Parcel number: 56203879910000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick Full, Vinyl
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Concord
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Dirt, Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2025 | Listing removed | $1,150$1/sqft |
Source: Zillow Rentals | ||
| 2/19/2025 | Listed for rent | $1,150$1/sqft |
Source: Zillow Rentals | ||
| 2/18/2025 | Listing removed | $1,150$1/sqft |
Source: Zillow Rentals | ||
| 2/10/2025 | Price change | $1,150-4.2%$1/sqft |
Source: Zillow Rentals | ||
| 1/15/2025 | Price change | $1,200-4%$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,006 +216.8% | $201,410 +288% |
| 2023 | $633 | $51,910 |
| 2022 | $633 | $51,910 |
Find assessor info on the county website
Neighborhood: Gibson Village
Nearby schools
GreatSchools rating
- 5/10Weddington Hills ElementaryGrades: K-5Distance: 3.1 mi
- 2/10Concord MiddleGrades: 6-8Distance: 2.7 mi
- 5/10Concord HighGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$250,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$250,200