1121 Myrtle Ave #47 · Charlotte, NC
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +13.4/30.0
- ARV discount +7.5/15.0
- 1% rule +4.9/10.0
- DSCR +4.0/10.0
- Livability +3.9/5.0
- Schools +3.8/10.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$220,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
Key facts
- $358 HOA
- Built 1940
- Listed 45 days
Property features AI
Finance
- HOA & community: Homeowners association managed by Real Management; Mandatory HOA dues of $358.62 per month
Exterior
- Parking: On-street parking; Parking lot (rear of complex)
- Utilities: City water; Public sewer
- Home design: Residential condominium; Site-built construction; Three levels
- Construction: Brick full exterior; Basement foundation
- Exterior features: On-street parking available along Myrtle Avenue; Parking lot available at rear of complex (access from Lexington Ave and Oriole Ave); Publicly maintained paved concrete roads
Interior
- Kitchen: Electric cooktop; Electric oven; Refrigerator
- Bedrooms: One bedroom located on the main level (approx. 9'10" x 12'7")
- Bathrooms: One full bathroom (located on main level)
- Heating & cooling: Window air conditioning unit(s); Heating: Other (see remarks)
- Interior features: One-room living area (total room count: 1); Entry on the 3rd level; Basement with exterior entry
- Laundry & utility: Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $220k.
Deal economics
- At list price, monthly cash flow is $-63 ($-761/yr) — negative.
- To cash-flow at today's rent, offer at most $209k (5.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (1.0% below list).
- Recommended offer: $209k (5.1% below list) — sets the bar for cash-flow.
- Cap rate 6.3% vs local median 3.1% 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: Dilworth Elementary School: Latta Campus (math 76% / reading 74%, grade A, #52 of 1,410 statewide, top 4%, 291 students, 17% 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 47% FRL track the district average.
- Zoned-school proficiency averages 63% at this address vs 44% district-wide (+19 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 (+1.8%/yr); 134 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 11,969 units permitted in Mecklenburg County in 2024 (5,377 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 45 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; built in 1940 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe flood risk; 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.
Questions for the listing agent
- 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?
- It's been on market 45 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
- Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.99% ✗
- Cap rate
- 6.31%
- Cash-on-cash
- 0.06%
- DSCR
- 1.00
- GRM
- 8.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.8% rent growth · sell at horizon
- IRR
- -19.8%
- Equity multiple
- 0.32×
- Total profit
- $-42,090
- Equity at exit
- $32,803
- IRR
- -15.8%
- Equity multiple
- 0.16×
- Total profit
- $-51,465
- Equity at exit
- $19,022
Cash invested: $61,600 (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
ZIP-level market 28203
- Rents YoY
- 1.8%
- Active inventory
- 134
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $2,177 high interval (Pro) →
- Mortgage (P&I)
- −$1,154
- Tax from tax record
- −$114 /mo · $1,363/yr
- Insurance
- −$92
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$358
- Vacancy / Maint / Mgmt
- −$457
- Net cashflow
- $-63
Break-even live
Sensitivity live
| Price | -10% $61 | -5% $-1 | +0% $-63 | +5% $-126 | +10% $-188 |
|---|---|---|---|---|---|
| Rent | -10% $-235 | -5% $-149 | +0% $-63 | +5% $23 | +10% $109 |
| Rate | -1.0pp $47 | -0.5pp $-7 | base $-63 | +0.5pp $-120 | +1.0pp $-178 |
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
- $55,000
- Closing costs
- $6,600
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1121 Myrtle Ave Charlotte, NC | 2.0 | 1.0 | 647 | $1,597 | $2.47 | 4d | 2 | 0.03mi |
| 1106 Euclid Ave Charlotte, NC | 2.0 | 1.0–2.0 | 960 | $2,454 | $2.56 | 0d | 18 | 0.17mi |
| 711 E Morehead St Charlotte, NC | 2.0 | 1.0–2.5 | 1500 | $4,368 | $2.91 | 0d | 29 | 0.20mi |
| 615 E Morehead St Charlotte, NC | 3.0 | 1.0–2.0 | 1306 | $4,666 | $3.57 | 0d | 67 | 0.23mi |
| 515 Royal Ct Charlotte, NC | 2.0 | 1.0–2.0 | 843 | $2,500 | $2.96 | 0d | 38 | 0.30mi |
| 650 E Brooklyn Village Ave Charlotte, NC | 3.0 | 1.0–2.0 | 1021 | $2,151 | $2.11 | 0d | 29 | 0.42mi |
| 1133 Harding Pl Charlotte, NC | 2.0 | 1.0–2.0 | 933 | $2,363 | $2.53 | 9d | 29 | 0.42mi |
| 900 E Brooklyn Village Ave Charlotte, NC | 3.0 | 1.0–2.0 | 1027 | $2,035 | $1.98 | 0d | 13 | 0.43mi |
| 550 E Brooklyn Village Ave Charlotte, NC | 3.0 | 1.0–2.0 | 1156 | $2,412 | $2.09 | 0d | 52 | 0.45mi |
| 309 E Morehead St Charlotte, NC | 2.0 | 1.0–3.5 | 1483 | $2,939 | $1.98 | 0d | 14 | 0.49mi |
| 1010 Kenilworth Ave Charlotte, NC | 2.0 | 1.0–2.0 | 881 | $1,837 | $2.09 | 0d | 10 | 0.49mi |
| 1205 S Tryon St Charlotte, NC | 2.0 | 1.0–2.0 | 785 | $1,974 | $2.51 | 0d | 16 | 0.50mi |
| 1312 S College St Charlotte, NC | 1.0–3.0 | 1.0–2.0 | 1017 | $1,764 | $1.73 | 0d | 31 | 0.51mi |
| 400 E Brooklyn Village Ave Charlotte, NC | 2.0 | 1.0–2.0 | 864 | $1,948 | $2.26 | 0d | 21 | 0.53mi |
| 111 E Carson Blvd Charlotte, NC | 3.0 | 1.0–2.5 | 1369 | $6,534 | $4.77 | 0d | 108 | 0.54mi |
| 905 Kenilworth Ave Unit A4B3 Charlotte, NC | 1.0 | 1.0 | 685 | $1,628 | $2.38 | 0d | 1 | 0.57mi |
| 124 E Kingston Ave Charlotte, NC | 2.0 | 1.0–2.0 | 931 | $3,316 | $3.56 | 0d | 19 | 0.59mi |
| 101 W Morehead St Charlotte, NC | 2.0 | 1.0–2.0 | 857 | $2,193 | $2.56 | 0d | 9 | 0.62mi |
| 125 W Park Ave Charlotte, NC | 1.0 | 1.0–1.5 | 817 | $2,480 | $3.03 | 0d | 5 | 0.66mi |
| 1133 Metropolitan Ave #203 Charlotte, NC | 1.0 | 1.0 | 546 | $1,860 | $3.41 | 26d | 1 | 0.67mi |
| 1750 Camden Rd Charlotte, NC | 2.0 | 1.0–2.0 | 782 | $2,094 | $2.68 | 0d | 20 | 0.67mi |
| 135 W Morehead St Charlotte, NC | 2.0 | 1.0–2.0 | 1085 | $2,424 | $2.23 | 4d | 22 | 0.68mi |
| 1449 S Church St Charlotte, NC | 2.0 | 1.0–2.0 | 857 | $1,902 | $2.22 | 0d | 17 | 0.69mi |
| 255 W Bland St Charlotte, NC | 3.0 | 1.0–3.0 | 965 | $2,537 | $2.63 | 0d | 35 | 0.69mi |
| 1351 E Morehead St Charlotte, NC | 2.0 | 1.0–2.5 | 1540 | $3,440 | $2.23 | 0d | 28 | 0.70mi |
| 1510 Scott Ave Charlotte, NC | 1.0–3.0 | 1.0–2.0 | 947 | $1,279 | $1.35 | 0d | 15 | 0.71mi |
| 1320 Fillmore Ave #302 Charlotte, NC | 1.0 | 1.0 | 595 | $1,400 | $2.35 | 20d | 1 | 0.76mi |
| 2025 Cleveland Ave Charlotte, NC | 1.0–3.0 | 1.0–3.0 | 1242 | $2,446 | $1.97 | 0d | 21 | 0.77mi |
| 209 S Kings Dr Unit 1263118P Charlotte, NC | 1.0 | 1.0 | 672 | $4,160 | $6.19 | 18d | 2 | 0.78mi |
| 1315 East Blvd Charlotte, NC | 1.0–2.0 | 1.0–2.0 | 1040 | $1,495 | $1.44 | 13d | 2 | 0.78mi |
| 230 S Tryon St #1002 Charlotte, NC | 1.0 | 1.0 | 611 | $1,895 | $3.10 | 18d | 1 | 0.79mi |
| 1115 S Mint St Charlotte, NC | 2.0 | 1.0–2.0 | 973 | $2,892 | $2.97 | 0d | 23 | 0.79mi |
| 222 West Blvd Charlotte, NC | 2.0 | 1.0–2.0 | 628 | $1,870 | $2.98 | 4d | 11 | 0.80mi |
| 205 S Kings Dr Charlotte, NC | 2.0 | 1.0–2.0 | 884 | $2,014 | $2.28 | 0d | 36 | 0.81mi |
| 1007 S Mint St Charlotte, NC | 2.0 | 1.0–2.5 | 1049 | $2,873 | $2.74 | 4d | 94 | 0.82mi |
| 525 S Church St Charlotte, NC | 1.0–2.0 | 1.0–2.0 | 1077 | $1,828 | $1.70 | 3d | 44 | 0.82mi |
| 2125 Southend Dr Charlotte, NC | 1.0 | 1.0 | 673 | $1,762 | $2.62 | 0d | 6 | 0.84mi |
| 1200 S Mint St Charlotte, NC | 2.0 | 1.0–2.0 | 781 | $1,980 | $2.53 | 0d | 23 | 0.85mi |
| 2100 South Blvd Charlotte, NC | 2.0 | 1.0–2.0 | 876 | $2,616 | $2.99 | 0d | 23 | 0.85mi |
| 255 W Martin Luther King Blvd Charlotte, NC | 1.0–2.0 | 1.0–2.0 | 921 | $1,681 | $1.83 | 0d | 20 | 0.90mi |
HOA detail condo
- Monthly dues
- $358 · $4,296/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 23 events
-
2026-06-21days on market $220,000 Active 45 DOM
-
2026-06-18days on market $220,000 Active 42 DOM
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2026-06-17days on market $220,000 Active 41 DOM
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2026-06-16days on market $220,000 Active 40 DOM
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2026-06-16price $220,000 Active 39 DOM
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2026-06-15days on market $225,000 Active 39 DOM
-
2026-06-13days on market $225,000 Active 37 DOM
-
2026-06-09days on market $225,000 Active 33 DOM
-
2026-06-08days on market $225,000 Active 32 DOM
-
2026-06-07days on market $225,000 Active 31 DOM
-
2026-06-04days on market $225,000 Active 28 DOM
-
2026-06-03days on market $225,000 Active 27 DOM
-
2026-06-02days on market $225,000 Active 26 DOM
-
2026-06-02days on market $225,000 Active 25 DOM
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2026-05-31days on market $225,000 Active 24 DOM
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2026-05-07$225,000 Active
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2024-05-30soldstatus $200,000 Closed 849-char remark
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
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2024-05-30soldstatus $200,000
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
-
2024-04-22historical Active Under Contract 849-char remark
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
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2024-04-09status Active 849-char remark
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
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2024-02-20historical Active Under Contract 849-char remark
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
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2024-02-15$205,000 Active 849-char remark
Show marketing remark (849 chars)
Discover this top-floor condo in the heart of Dilworth, housed within a historic building and surrounded by a serene grassy mall at the center of the complex. Location is everything, and this condo excels in that department. You're within walking distance to all that Dilworth and SouthEnd have to offer – from boutiques and restaurants to cultural attractions. Commuting is a breeze with Uptown and the light rail a short walk away, and nature enthusiasts will appreciate the proximity to Latta Park. Inside, this charming condo is a corner unit flooding every room with an abundance of natural light, newly painted creating a bright and inviting ambiance. The living room is spacious. The dining room is large and off the kitchen. The large separate bedroom offers a walk-in closet, and the original bathroom showcases beautiful tile work.
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1988-11-01soldstatus $38,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NC · Resets to sale price
- Current annual tax
- $1,363 · $114/mo
- Projected year-2 tax
- $1,804 · $150/mo
- Expected delta
- +$441/yr (+$37/mo · 32.3%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone X (unshaded) · 99% 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,128
- − Mortgage interest
- −$12,323
- − Property taxes
- −$1,363
- − Insurance
- −$1,898
- − Repairs & maintenance
- −$2,090
- − Management
- −$2,090
- − HOA
- −$4,296
- − Depreciation
- −$6,400
- Taxable loss
- −$4,333
- Est. tax savings @ 24.0%
- +$1,040
- After-tax cash flow
- $279/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.
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
Livability — Charlotte
- Score
- 78/100
- State rank
- #26
- US rank
- #2502
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Charlotte, NC
- County
- Mecklenburg County · 1,167,319 people
- City population
- 920,422
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Population (ZIP)
- 18,823
- Household income
- $104,696
- Rent vs Own
- Severe rent burden
- 1101.0
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%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (78%)
- Race & ethnicity
- White 78% Black 10% Two or more races 5% Hispanic / Latino 5% Asian 4%
- Common ancestry
- Romanian 3% Slovak 3% Serbian 2%
- Foreign-born
- 7% · Canada, Vietnam, China
- Languages at home
- 93% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%
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
- ▼ -1410.28%
- Current HPI
- 327.5818
- Rent YoY
- ▲ 1.80%
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 26
Industry mix (Fortune 500 HQ in NC)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 2 | $213B |
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| Retail | 2 | $95B |
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| Industrial Conglomerate | 1 | $38B |
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| Metals / Steel | 1 | $35B |
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| Utilities | 1 | $30B |
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| Industrial Machinery | 1 | $19B |
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Price history
+492.1% since first listed8 events — show timeline
- 2026-05-07 Listed $225,000 CANOPYMLS as Distributed by MLS Grid
- 2024-05-30 Sold (Public Records) $200,000 Public Records
- 2024-05-30 Sold (MLS) $200,000 CANOPYMLS as Distributed by MLS Grid
- 2024-04-22 Contingent — CANOPYMLS as Distributed by MLS Grid
- 2024-04-09 Relisted — CANOPYMLS as Distributed by MLS Grid
- 2024-02-20 Contingent — CANOPYMLS as Distributed by MLS Grid
- 2024-02-15 Listed $205,000 CANOPYMLS as Distributed by MLS Grid
- 1988-11-01 Sold (Public Records) $38,000 Public Records
Property tax history
+0.8%/yrLatest (2025): $1,363 · +2.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…