400 Queens Rd Unit E5 · Charlotte, NC 28207

$209,880

1 bd · 1.0 ba · 532 sqft · Condo · 154 Days on market

Built 1963 Good condition $395/sqft · 12% below area Est $239k · 12% under $193/mo HOA · 12% of rent ↓ 17% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.0/15.0
• Cash flow +6.3/30.0
• Schools +5.9/10.0
• Condition / age +4.0/5.0
• Livability +3.9/5.0
• Rent growth +3.8/5.0
• 1% rule +2.7/10.0
• DSCR +0.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Vintage charm meets modern finishes in this tucked away garden condo. Once home to Charlotte nurses in the 1960s, 400 Queens still delivers chic, cozy, living—reimagined for modern professionals who value character, efficiency and a coveted Myers Park address without the sky-high price tag. Thoughtfully updated with new flooring, tile, fixtures, interior paint and a custom kitchen. The clever layout features oversized glass doors that open to a private patio, a walk-in closet, an open dressing area with built-in armoire and platform bed with hidden storage. Onsite laundry room was fully renovated in 2024 with new machines. Turnkey-ready and optionally fully furnished—perfect for a first-time buyer or investor. Ideally located just steps from restaurants, retail, hospitals, parks and the greenway, with easy access to Uptown, South End, and SouthPark.

Key facts

• Proximity to atrium
• Ground floor condo
• Newer flooring

Tags

• GROUND FLOOR CONDO
• NEWER FLOORING
• SLEEK KITCHEN CABINETS
• WALKABLE NEIGHBORHOOD
• PROXIMITY TO NOVANT
• PROXIMITY TO ATRIUM

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-370 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $156k (25.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (23.2% below list).
• Recommended offer: $156k (25.5% below list) — sets the bar for cash-flow.
• Cap rate 4.2% vs local median 3.2% in Charlotte — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#26 in NC, #2,502 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Charlotte-Mecklenburg Schools (urban): math 42% / reading 46% proficiency, ranked #85 of 178 in NC (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Eastover Elementary (math 62% / reading 67%, grade B, #147 of 1,410 statewide, top 11%, 347 students, 27% FRL); Sedgefield Middle (math 33% / reading 38%, grade F, #279 of 475 statewide, top 60%, 501 students, 99% FRL); Myers Park High School (math 81% / reading 75%, grade A-, #85 of 535 statewide, top 16%, 3,593 students, 26% FRL) — zoned schools at 51% FRL track the district average.
• Zoned-school proficiency averages 59% at this address vs 44% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Charlotte-Mecklenburg Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+5.4%/yr); 137 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 28d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 11,969 units permitted in Mecklenburg County in 2024 (5,377 in 5+ unit buildings).
• This rent is only 9% of the median local income ($217k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Mecklenburg County population projected at +53% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 154 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $19k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $180k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $156,377 (25.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
11. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
12. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 4.18%
• Cash-on-cash: -7.55%
• DSCR: 0.66
• GRM: 10.8

CMA / ARV

• ARV (median comp): $238,881
• List price: $209,880
• Delta: -12.14%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1133 Metropolitan Ave #211	0.47mi	1/1.0	550 (+3%)	6mo	$240,000	$436	68
1121 Myrtle Ave #60	1.12mi	1/1.0	552 (+4%)	4mo	$210,000	$380	56
505 E 6th St #814	1.24mi	1/1.0	579 (+9%)	3mo	$220,000	$380	48
103 S Laurel Ave Unit 83B	0.58mi	1/1.0	618 (+16%)	4mo	$225,000	$364	45
525 E 6th St #212	1.22mi	1/1.0	592 (+11%)	4mo	$225,300	$381	43
1315 East Blvd #534	1.01mi	1/1.0	590 (+11%)	5mo	$180,000	$305	43
102 Colville Rd Unit 51A	0.61mi	1/1.0	610 (+15%)	6mo	$252,000	$413	42
1611 Central Ave #406	1.27mi	1/1.0	632 (+19%)	1mo	$285,000	$451	39
780 N Davidson St #1208	1.36mi	1/1.0	625 (+18%)	3mo	$202,500	$324	38
2518 Cranbrook Ln #6	0.88mi	1/1.0	665 (+25%)	3mo	$175,000	$263	38
773 N Alexander St	1.30mi	1/1.0	644 (+21%)	5mo	$204,700	$318	36
2502 Cranbrook Ln #6	0.84mi	1/1.0	643 (+21%)	6mo	$202,000	$314	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.39% rent growth · sell at horizon

5-year hold

• IRR: -26.3%
• Equity multiple: 0.09×
• Total profit: $-53,447
• Equity at exit: $31,294

10-year hold

• IRR: -16.1%
• Equity multiple: -0.01×
• Total profit: $-59,177
• Equity at exit: $18,147

Cash invested: $58,766 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 0 active · 1 under contract

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 28207

• Rents YoY: 5.4%
• Active inventory: 137
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,612 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,148/yr
• Insurance: −$87
• HOA: −$193
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $-370

Break-even live

Break-even rent $2,080

Max offer price $156,377

Occupancy floor —

Sensitivity live

Price	-10% $-225	-5% $-297	+0% $-370	+5% $-442	+10% $-515
Rent	-10% $-497	-5% $-433	+0% $-370	+5% $-306	+10% $-242
Rate	-1.0pp $-264	-0.5pp $-316	base $-370	+0.5pp $-424	+1.0pp $-479

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,470
• Closing costs: $6,296
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
400 Queens Rd Charlotte, NC	—	1.0	560	$1,100	$1.96	70d	1	0.03mi
2112 Crescent Ave #3 Charlotte, NC	1.0	1.0	600	$1,795	$2.99	30d	1	0.40mi
2112 Crescent Ave #4 Charlotte, NC	1.0	1.0	600	$1,800	$3.00	43d	1	0.40mi
1133 Metropolitan Ave #203 Charlotte, NC	1.0	1.0	546	$1,860	$3.41	119d	1	0.49mi
1133 Metropolitan Ave #203 Charlotte, NC	1.0	1.0	568	$1,799	$3.17	29d	1	0.49mi
209 S Kings Dr Unit 1263118P Charlotte, NC	1.0	1.0	672	$4,160	$6.19	112d	2	0.53mi
1351 E Morehead St Charlotte, NC	2.0	1.0–2.5	1540	$3,258	$2.12	0d	36	0.54mi
205 S Kings Dr Charlotte, NC	2.0	1.0–2.0	847	$1,783	$2.10	0d	19	0.55mi
1315 Harding Pl Charlotte, NC	2.0	1.0–2.0	812	$1,975	$2.43	0d	55	0.56mi
905 Kenilworth Ave Unit A4C Charlotte, NC	1.0	1.0	695	$1,617	$2.33	2d	1	0.59mi
905 Kenilworth Ave Unit A4A Charlotte, NC	1.0	1.0	725	$1,552	$2.14	2d	1	0.59mi
1925 E 7th St Charlotte, NC	2.0	1.0–2.0	846	$1,855	$2.19	5d	5	0.63mi
1721 E 7th St Charlotte, NC	1.0	1.0	670	$1,595	$2.38	30d	2	0.64mi
2126 E 7th St #107 Charlotte, NC	1.0	1.0	578	$1,050	$1.82	30d	1	0.69mi
2126 E 7th St #103 Charlotte, NC	1.0	1.0	578	$995	$1.72	43d	1	0.69mi
428 Hawthorne Ln Unit 7 Charlotte, NC	1.0	1.0	460	$1,000	$2.17	97d	1	0.70mi
1133 Harding Pl Charlotte, NC	3.0	1.0–2.5	981	$2,292	$2.34	0d	51	0.70mi
1133 Harding Pl Charlotte, NC	2.0	1.0–2.0	933	$2,363	$2.53	103d	29	0.71mi
1010 Kenilworth Ave Charlotte, NC	2.0	1.0–2.0	845	$1,790	$2.12	0d	20	0.71mi
2220 E 7th St Charlotte, NC	1.0–2.0	1.0–2.0	757	$1,595	$2.11	30d	3	0.75mi
524 Hawthorne Ln Charlotte, NC	1.0	1.0	718	$1,595	$2.22	9d	1	0.78mi
2535 Vail Ave Unit 2535-10 Charlotte, NC	1.0	1.0	508	$995	$1.96	119d	1	0.81mi
2535 Vail Ave Unit 2535-6 Charlotte, NC	1.0	1.0	508	$1,000	$1.97	9d	1	0.82mi
1412 Kenilworth Ave Unit 1 Charlotte, NC	1.0	1.0	697	$1,795	$2.58	30d	1	0.84mi
2518 Cranbrook Ln Charlotte, NC	1.0	1.0	700	$1,275	$1.82	117d	1	0.85mi
1510 Scott Ave Charlotte, NC	1.0–3.0	1.0–2.0	1002	$1,479	$1.48	4d	11	0.86mi
2631 Vail Ave Charlotte, NC	1.0	1.0	602	$1,775	$2.95	7d	1	0.89mi
900 E Brooklyn Village Ave Charlotte, NC	3.0	1.0–2.0	1037	$2,029	$1.96	0d	13	0.90mi
2510 Cranbrook Ln #22 Charlotte, NC	1.0	1.0	661	$1,250	$1.89	112d	1	0.90mi
2623 Vail Ave Unit 1 Charlotte, NC	1.0	1.0	600	$1,200	$2.00	82d	1	0.90mi
2623 Vail Ave Charlotte, NC	1.0	1.0	600	$1,190	$1.98	40d	1	0.90mi
1601 Kenilworth Ave Unit D Charlotte, NC	1.0	1.0	429	$1,050	$2.45	27d	1	0.90mi
1720 Garden Ter Unit 2 Charlotte, NC	1.0	1.0	714	$1,295	$1.81	7d	1	0.91mi
1720 Garden Ter Apt 4 Charlotte, NC	1.0	1.0	500	$1,595	$3.19	7d	1	0.91mi
1755 Lombardy Cir Charlotte, NC	1.0–3.0	1.0–3.0	1484	$1,894	$1.28	0d	196	0.93mi
730 Hawthorne Ln Charlotte, NC	1.0–2.0	1.0–2.0	929	$1,691	$1.82	0d	16	0.94mi
2512 Weddington Ave Charlotte, NC	2.0	1.0–2.0	1009	$1,795	$1.78	24d	31	0.95mi
1320 Fillmore Ave #302 Charlotte, NC	1.0	1.0	595	$1,400	$2.35	113d	1	0.96mi
1000 Central Ave Charlotte, NC	1.0–2.0	1.0–2.0	871	$1,442	$1.65	0d	23	0.98mi
808 Hawthorne Ln Charlotte, NC	1.0–2.0	1.0–2.0	957	$1,450	$1.51	0d	17	1.01mi

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: HOA requiredHOA fee $193 monthly

Exterior

• Parking: Parking lot
• Utilities: City/public waterPublic sewer
• Home design: Residential condominiumOne storySite builtBrick exterior
• Construction: Slab foundation
• Exterior features: Asphalt/paved roadsPublicly maintained roadNo waterfront

Interior

• Kitchen: DishwasherDisposalElectric ovenElectric rangeFreezerMicrowaveRefrigerator
• Bedrooms: 1 bedroom on the main level (approx. 11' length)
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Electric heatingHeat pumpCentral air conditioning
• Interior features: 3 total roomsEntry on main level
• Laundry & utility: Common area laundry

HOA detail $193/mo · $2,316/yr condo

• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-09-24
   days on market $209,880 Active 154 DOM
2. 2026-09-23
   days on market $209,880 Active 153 DOM
3. 2026-09-22
   days on market $209,880 Active 152 DOM
4. 2026-09-21
   days on market $209,880 Active 151 DOM
5. 2026-09-20
   days on market $209,880 Active 150 DOM
6. 2026-09-19
   days on market $209,880 Active 149 DOM
7. 2026-09-18
   days on market $209,880 Active 148 DOM
8. 2026-09-17
   days on market $209,880 Active 147 DOM
9. 2026-09-16
   days on market $209,880 Active 146 DOM
10. 2026-09-15
    days on market $209,880 Active 145 DOM
11. 2026-09-14
    days on market $209,880 Active 144 DOM
12. 2026-09-13
    days on market $209,880 Active 143 DOM
13. 2026-09-12
    days on market $209,880 Active 142 DOM
14. 2026-09-11
    days on market $209,880 Active 141 DOM
15. 2026-09-05
    days on market $209,880 Active 135 DOM
16. 2026-09-04
    days on market $209,880 Active 134 DOM
17. 2026-09-03
    days on market $209,880 Active 133 DOM
18. 2026-08-31
    days on market $209,880 Active 130 DOM
19. 2026-08-30
    days on market $209,880 Active 129 DOM
20. 2026-08-29
    days on market $209,880 Active 128 DOM
21. 2026-08-28
    days on market $209,880 Active 127 DOM
22. 2026-08-27
    days on market $209,880 Active 126 DOM
23. 2026-08-25
    days on market $209,880 Active 124 DOM
24. 2026-08-24
    days on market $209,880 Active 123 DOM
25. 2026-08-23
    pricedays on market $209,880 Active 122 DOM
26. 2026-08-22
    days on market $212,000 Active 121 DOM
27. 2026-08-21
    days on market $212,000 Active 120 DOM
28. 2026-08-20
    days on market $212,000 Active 119 DOM
29. 2026-08-19
    days on market $212,000 Active 118 DOM
30. 2026-08-18
    days on market $212,000 Active 117 DOM
31. 2026-08-17
    days on market $212,000 Active 116 DOM
32. 2026-08-16
    days on market $212,000 Active 115 DOM
33. 2026-08-15
    days on market $212,000 Active 114 DOM
34. 2026-08-14
    days on market $212,000 Active 113 DOM
35. 2026-08-13
    pricedays on market $212,000 Active 112 DOM
36. 2026-08-12
    days on market $214,000 Active 111 DOM
37. 2026-08-11
    days on market $214,000 Active 110 DOM
38. 2026-08-10
    days on market $214,000 Active 109 DOM
39. 2026-08-09
    days on market $214,000 Active 108 DOM
40. 2026-08-08
    days on market $214,000 Active 107 DOM
41. 2026-08-06
    days on market $214,000 Active 105 DOM
42. 2026-08-05
    days on market $214,000 Active 104 DOM
43. 2026-08-04
    days on market $214,000 Active 103 DOM
44. 2026-08-03
    days on market $214,000 Active 102 DOM
45. 2026-07-31
    days on market $214,000 Active 99 DOM
46. 2026-07-30
    days on market $214,000 Active 98 DOM
47. 2026-07-30
    days on market $214,000 Active 97 DOM
48. 2026-07-28
    days on market $214,000 Active 96 DOM
49. 2026-07-26
    days on market $214,000 Active 94 DOM
50. 2026-07-24
    days on market $214,000 Active 92 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,347
• − Mortgage interest: −$11,757
• − Property taxes: −$3,148
• − Insurance: −$1,049
• − Repairs & maintenance: −$1,548
• − Management: −$1,548
• − HOA: −$2,316
• − Depreciation: −$6,106
• Taxable loss: −$8,124
• Est. tax savings @ 24.0%: +$1,950
• After-tax cash flow: $-2,487/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $2,660–$7,980 screening

This one-bedroom ground floor condo is in good condition with recent upgrades and a modern appeal. It's move-in ready with a good curb appeal and minimal maintenance required.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and property value. ↑
• Both Clean and maintain gutters — Improves drainage and prevents water damage ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 59/100

Zoned Schools

Elementary Eastover Elementary B NC #147/1,410 Nat'l #5,189/41,679 Middle Sedgefield Middle F NC #279/475 Nat'l #7,347/14,009 High Myers Park High School A- NC #85/535 Nat'l #1,312/17,239

Schools (NCES district)

• District: Charlotte-Mecklenburg Schools
• NCES district ID: 3702970
• Math proficiency: 42% ▼ -6.00%
• Reading proficiency: 46% ▲ 1.00%
• Median HH income: $57,175
• Composite: 38.49/100
• National rank: #4183
• State rank: #85 of 178 in NC

B Composite livability gradescore 78/100

Livability — Charlotte

• Score: 78/100
• State rank: #26
• US rank: #2502

Category grades

Amenities A+ Commute A+ Cost of living B Crime F Employment B- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Charlotte, NC
• County: Mecklenburg County · 1,305,740 people
• City population: 920,422
• Metro: Charlotte-Concord-Gastonia, NC-SC
• Population (ZIP): 9,527
• Household income: $217,204
• Rent vs Own: 16.1% rent · 83.9% own
• Severe rent burden: 16% of renters

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Population outlook (Mecklenburg County) Hauer SSP2

• Today (2025): 1,305,740 people
• By 2030: 1,442,752 · +10.5%
• By 2040: 1,722,441 · +31.9%
• By 2050: 1,999,450 · +53.1%
• By 2075: 2,642,495 · +102.4%
• By 2100: 3,106,755 · +137.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 4% Black 2% Asian 1%
• Common ancestry: Serbian 8% Slovak 8% Lithuanian 3%
• Foreign-born: 3% · Canada, Guatemala, Dominican Republic
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 1%

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Political lean MEDSL · Mecklenburg

• 2024 margin: Solid D (+32.9) · D 65.6% · R 32.7% · Other 1.6%
• 2008→2024 swing: +8.5pp toward D · 2008: 24.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+35.1 2016: D+29.9 2012: D+22.5 2008: D+24.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -843.31%
• Current HPI: 306.7098
• Rent YoY: ▲ 5.39%
• Metro: Charlotte-Concord-Gastonia, NC-SC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

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Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: HOA requiredHOA fee $193 monthly

Exterior

• Parking: Parking lot
• Utilities: City/public waterPublic sewer
• Home design: Residential condominiumOne storySite builtBrick exterior
• Construction: Slab foundation
• Exterior features: Asphalt/paved roadsPublicly maintained roadNo waterfront

Interior

• Kitchen: DishwasherDisposalElectric ovenElectric rangeFreezerMicrowaveRefrigerator
• Bedrooms: 1 bedroom on the main level (approx. 11' length)
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Electric heatingHeat pumpCentral air conditioning
• Interior features: 3 total roomsEntry on main level
• Laundry & utility: Common area laundry

Price history

-17.4% since first listed

9 events — show timeline

• 2026-05-06 Price Changed $219,000 CANOPYMLS as Distributed by MLS Grid
• 2026-04-23 Listed $229,000 CANOPYMLS as Distributed by MLS Grid
• 2025-06-30 Sold (MLS) $180,000 CANOPYMLS as Distributed by MLS Grid
• 2025-06-16 Contingent — CANOPYMLS as Distributed by MLS Grid
• 2025-06-11 Price Changed $195,000 CANOPYMLS as Distributed by MLS Grid
• 2025-05-13 Price Changed $225,000 CANOPYMLS as Distributed by MLS Grid
• 2025-02-28 Price Changed $250,000 CANOPYMLS as Distributed by MLS Grid
• 2024-11-06 Listed $265,000 CANOPYMLS as Distributed by MLS Grid
• 2024-11-02 Coming Soon $265,000 CANOPYMLS as Distributed by MLS Grid