Savvy Investor! Rarely available Secure steady rental income with this triplex, minutes from all downtown Concord has to offer—act fast!
Triplex Investment – Walk to Downtown Concord!
Fantastic rental opportunity on desirable South Union Street! Live in one unit & rent other two-Ideal for offsetting your mortgage or generating full rental income. Each unit is 2 bedroom, 1 bath & just steps from downtown Concord’s shops, dining, & events. Strong rental history & prime walkable location make this ideal addition to any portfolio. Each unit offers comfortable living, plenty of natural light, & classic charm. Easy access to highways, parks, restaurants & local attractions in newly & beautifully renovated downtown Concord. Don’t miss chance to own income-producing property in one of Concord’s most sought-after neighborhoods! 885 sq. ft. unit is currently leased for $700/month to month. Other two currently vacated but available for new leases.
Check online attachments for rent comps.
Active
Price cut: $50K (12/9)
$499,999
374 Union St S, Concord, NC 28025
6beds
3,770sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$494,600 Zestimate®
$133/sqft
$-- HOA
What's special
Classic charmComfortable livingPlenty of natural light
- 104 days |
- 1,338 |
- 59 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 12:10pm
Listing Provided by:
Renda Powell renda@cacartergroup.com,
CARTER GROUP REALTORS®
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4289154
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum, Tile, Wood
- Has basement: No
Interior area
- Total structure area: 3,770
- Total interior livable area: 3,770 sqft
- Finished area above ground: 3,770
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Uncovered spaces: 6
- Details: Parking in the back of the triplex. Driveway is shared
Features
- Stories: 2
- Patio & porch: Deck, Front Porch
Lot
- Size: 0.28 Acres
- Dimensions: 65 x 188
Details
- Parcel number: 56301444300000
- Zoning: RM-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Triplex
Materials
- Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Historic District
Location
- Region: Concord
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $469,870
- Annual tax amount: $4,680
- Date on market: 8/29/2025
- Cumulative days on market: 104 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Except Water
- Electric utility on property: Yes
- Road surface type: Dirt, Paved
Estimated market value
$494,600
$470,000 - $519,000
$1,412/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $499,999-9.1%$133/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4289154 Report a problem | ||
| 10/17/2025 | Price change | $550,000-4.3%$146/sqft |
Source: Canopy MLS as distributed by MLS GRID #4289154 Report a problem | ||
| 9/23/2025 | Price change | $575,000-11.5%$153/sqft |
Source: Canopy MLS as distributed by MLS GRID #4289154 Report a problem | ||
| 9/18/2025 | Price change | $650,000-3.7%$172/sqft |
Source: Canopy MLS as distributed by MLS GRID #4289154 Report a problem | ||
| 8/29/2025 | Listed for sale | $675,000+168.4%$179/sqft |
Source: Canopy MLS as distributed by MLS GRID #4289154 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,680 +45.4% | $469,870 +78.1% |
| 2023 | $3,219 | $263,820 |
| 2022 | $3,219 | $263,820 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,868/mo
Principal & interest
$2406
Property taxes
$287
Home insurance
$175
Climate risks
Neighborhood: 28025
Nearby schools
GreatSchools rating
- 7/10R B Mcallister ElementaryGrades: K-5Distance: 0.4 mi
- 2/10Concord MiddleGrades: 6-8Distance: 1.9 mi
- 5/10Concord HighGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: R Brown McAllister
- Middle: Concord
- High: Concord
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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