126 Tranquil Avenue | Sinko Realty LLC
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$700,000
UNDER CONTRACT NEW 2 days

126 Tranquil Avenue

Charlotte, NC, 28209

2 Bedrooms | 2 Bathrooms | 956 Sq Ft
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Property Description

Rare redevelopment opportunity in the heart of Myers Park. 126 Tranquil Ave is being offered for sale together with the adjoining property at 124 Tranquil Ave, creating a unique chance for builders, investors, or buyers seeking to assemble property in one of Charlotte’s most desirable neighborhoods.
Situated on a large, level lot with a fenced private backyard, the property offers outstanding potential for new construction or renovation. The existing home features 2 bedrooms, 1 full bath, and 1 half bath, and is being sold as-is.
Unbeatable location just minutes from SouthPark Mall, Park Road Shopping Center, the Greenway, and some of Charlotte’s best dining and shopping. See listing for 124 Tranquil Ave for additional opportunity.
Owner is a licensed North Carolina real estate agent.

Property Details

Property Type: Condominium
Year Built: 1945
Living Area: 956 sq ft
Price / Sq Ft: $732
Lot Size: N/A
Bedrooms: 2
Bathrooms: 2 (1 full, 1 half)
Days on Market: 2
Subdivision: none
Cooling: Central Air
Heating: Central
Water: City
Sewer: Public Sewer
Foundation: Basement
Construction: Brick Full
Roof: Architectural Shingle
Basement: Unfinished
Laundry: Mud Room
Flooring: Tile, Wood
Fencing: Back Yard, Privacy, Wood
Patio/Porch: Front Porch, Patio
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Appliances

Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer

Features

Interior Features
  • Attic Stairs Pulldown

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $700,000
HOA: Yes
Listing Information
Status: Active Under Contract
MLS #: 4346662
Listing Firm: Helen Adams Realty
Listing Agent: Tim O'Boyle
Agent Email: toboyle@helenadams.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
495 Active Listings
86 Sold (Last 90 Days)
17.3 mo Inventory
-
97.4%
List to Sale Price
Homes typically sell for about 3% below list price.
~
74 days
Avg. Days on Market
Homes take around 74 days on average to sell.
$
$310,000
Median Sale Price
Based on 86 recent sales
Based on single family residential MLS data from the last 90 days Updated Mar 6, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$4,327
per month
Payment Breakdown
Principal & Interest $3,540
Property Tax (est.) $583
Insurance (est.) $204
Total Monthly $4,327

* 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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