301 Magnolia Drive | Sinko Realty LLC
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$179,000
Active NEW 0 days

301 Magnolia Drive

Monroe, NC, 28112

2 Bedrooms | 1 Bathrooms | 1,155 Sq Ft | 0.23 Acres
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Property Description

Unlock the potential in this classic 2 bedroom, 1 bathroom home offering approximately 1,155 square feet of living space. Situated in a convenient Monroe location, this property is ready for a full renovation and transformation—making it an excellent opportunity for investors, flippers, or buyers looking to create their own vision from the ground up. Inside, the home features a layout that offers great potential for modernization. With thoughtful design and renovation, the floor plan could be opened up to create a more functional and inviting living space while maintaining the charm of this classic home. The property sits beneath mature shade trees and offers a setting that could truly shine again with the right updates and landscaping improvements.
Whether your goal is a fix-and-flip, long-term rental, or renovation project to build equity, this home provides a solid starting point for your next investment.

Property Details

Property Type: Single Family Residence
Year Built: 1940
Living Area: 1,155 sq ft
Price / Sq Ft: $155
Lot Size: 0.23 acres
Bedrooms: 2
Bathrooms: 1 (1 full, 0 half)
Subdivision: none
Cooling: Heat Pump
Heating: Forced Air, Natural Gas
Water: City
Sewer: Public Sewer
Foundation: Crawl Space
Construction: Vinyl
Laundry: Laundry Room
Fireplace: Non-Functional

Appliances

None

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $179,000
HOA: No
Listing Information
Status: Active
MLS #: 4365758
Listing Firm: Blue Collar Realty LLC
Listing Agent: Eric Storey
Agent Email: ecstorey@gmail.com

Market Insights

Beta
Monroe is a Buyer's Market

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

Buyer's Market Seller's Market
320 Active Listings
91 Sold (Last 90 Days)
10.5 mo Inventory
-
98.6%
List to Sale Price
Homes typically sell for about 1% below list price.
~
56 days
Avg. Days on Market
Homes typically go pending in about 8 weeks.
$
$405,000
Median Sale Price
Based on 91 recent sales
Based on single family residential MLS data from the last 90 days Updated Apr 3, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$1,106
per month
Payment Breakdown
Principal & Interest $905
Property Tax (est.) $149
Insurance (est.) $52
Total Monthly $1,106

* 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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