This turnkey 8-unit apartment complex presents an exceptional investment opportunity in Cotswold area of Charlotte NC. Offering a strong tenant base located in a prime location at the corner on McAlway Rd and a block from N Wendover. The property includes four 2/1.5 units and four 1/1 units, with 6 units fully renovated requiring minimal maintenance. Convenient area with retail nearby and easy access to all of Charlotte's best amenities – this property offers immediate income and long-term value.
Closed
$1,450,000
831 McAlway Rd, Charlotte, NC 28211
2beds
6,568sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$221/sqft
$1,318 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,318/mo
Zestimate® history
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$8,487/mo
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Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 06:35am
Listing Provided by:
Zach Britt zbritt@themosergroupinc.com,
Moser Group, Inc., The
Bought with:
Jackie Judge
RE/MAX Executive
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4251307
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 8
- 1/2 bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 6,568
- Total interior livable area: 6,568 sqft
- Finished area above ground: 6,568
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 0.52 Acres
Details
- Parcel number: 15710220
- Zoning: N2-B
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Partial
- Foundation: Slab
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Charlotte
Other
Other facts
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $1,450,000-3.3%$221/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4251307 Report a problem | ||
| 4/25/2025 | Listed for sale | $1,500,000+87.5%$228/sqft |
Source: Canopy MLS as distributed by MLS GRID #4251307 Report a problem | ||
| 3/16/2023 | Sold | $800,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,131,500 |
| 2024 | -- | $1,131,500 |
| 2023 | -- | $1,131,500 +74.3% |
Find assessor info on the county website
Neighborhood: Wendover-Sedgewood
Nearby schools
GreatSchools rating
- 5/10Cotswold ElementaryGrades: 3-5Distance: 0.7 mi
- 3/10Alexander Graham MiddleGrades: 6-8Distance: 2.7 mi
- 7/10Myers Park HighGrades: 9-12Distance: 2.6 mi
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