1838 Russell Avenue | Sinko Realty LLC
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$99,000

$150,000
PRICE REDUCED Active

1838 Russell Avenue

Charlotte, NC, 28216

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 0.16 Acres
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Property Description

Fantastic opportunity to own a vacant .16-acre lot in the heart of Charlotte! This property is zoned N1-C with Historic Design Overlay, ensuring new construction will blend seamlessly into the surrounding neighborhood’s character and charm. Located just minutes from Uptown Charlotte, UNC Charlotte, Johnson C. Smith University, major highways, restaurants, shopping, and transit, this is an ideal spot for a new build in a highly accessible location.

The neighborhood features tree-lined streets, established homes, and a strong sense of community, with historic zoning protections that preserve architectural character and long-term value. A small creek runs through the property, adding natural beauty and privacy. Any new build will require coordination with surveyors, civil engineers, and the city to ensure compliance with floodplain and creek development standards. The lot has been priced accordingly with these site preparation needs in mind, making it a smart buy for builders or investors looking for long-term upside.

Don’t miss this rare chance to develop a home or investment property in a neighborhood that offers both urban convenience and historic charm.

Property Details

Property Type: Lot
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 0.16 acres
Bedrooms: 0
Bathrooms: 0
Days on Market: 149
Subdivision: None
Water: City
Sewer: Public Sewer

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $99,000
HOA: No
Listing Information
Status: Active
MLS #: 4309011
Listing Firm: Southern Home Group Realty LLC
Listing Agent: Cynthia Hegler
Agent Email: cynthia.hegler@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
156 Active Listings
29 Sold (Last 90 Days)
16.1 mo Inventory
-
95.5%
List to Sale Price
Homes typically sell for 5% below list price.
~
79 days
Avg. Days on Market
Homes take around 79 days on average to sell.
$
$230,000
Median Sale Price
Based on 29 recent sales
Based on single family residential MLS data from the last 90 days Updated Mar 4, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$612
per month
Payment Breakdown
Principal & Interest $501
Property Tax (est.) $83
Insurance (est.) $29
Total Monthly $612

* 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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