1040 Drummond Avenue | Sinko Realty LLC
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$575,000
NEW 0 days

1040 Drummond Avenue

Charlotte, NC, 28205

3 Bedrooms | 1 Bathrooms | 1,210 Sq Ft | 0.26 Acres
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Property Description

Excellent location! Property sold AS IS. In the heart of Charlotte’s hottest neighborhood, close to Uptown, NoDa, and North Campus, this rare investment opportunity offers exceptional potential. Zoned for a duplex or triplex, the property sits moments from eclectic dining, breweries, arts venues, and the Light Rail—one of the most sought-after pockets of the city.
Whether you’re planning to build, redevelop, or hold as a long-term rental, the location alone makes this a high-demand asset. Surrounded by strong rental comps, walkable amenities, and ongoing growth, this property is perfectly positioned for investors looking for reliable returns and future appreciation. Homes in this area move fast—this one will not last.

Serious inquiry only!

Property Details

Property Type: Single Family Residence
Year Built: 1948
Living Area: 1,210 sq ft
Price / Sq Ft: $475
Lot Size: 0.26 acres
Bedrooms: 3
Bathrooms: 1 (1 full, 0 half)
Subdivision: Plaza Hills
Cooling: Central Air
Heating: Natural Gas
Water: City
Sewer: Public Sewer
Foundation: Crawl Space
Construction: Aluminum, Vinyl
Laundry: None
Fireplace: Yes

Appliances

Other

Schools

Elementary: Villa Heights
High: Unspecified

Financial Information

List Price: $575,000
HOA: No
Listing Information
Status: Coming Soon
MLS #: 4363982
Listing Firm: ERA Live Moore
Listing Agent: Jennifer Bellinger
Agent Email: bellingerventures@gmail.com

Market Insights

Beta
Charlotte is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
1,902 Active Listings
557 Sold (Last 90 Days)
10.2 mo Inventory
-
98.7%
List to Sale Price
Homes typically sell for about 1% below list price.
~
49 days
Avg. Days on Market
Homes typically go pending in about 7 weeks.
$
$480,000
Median Sale Price
Based on 557 recent sales
Based on single family residential MLS data from the last 90 days Updated Apr 2, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$3,554
per month
Payment Breakdown
Principal & Interest $2,908
Property Tax (est.) $479
Insurance (est.) $168
Total Monthly $3,554

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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